Short answer
Anterix Inc. (ATEX) filed its Q4 2025 10-Q quarterly report on Feb 11, 2026 for the quarter ended Dec 31, 2025. Quarterly revenue was $2M (up 0.4% year over year) with net income of −$7M.
Q4 2025 key financials · XBRL
- Revenue
- $2M
- +0.4% YoY · +1.4% QoQ
- Net income
- −$7M
- −185.6% YoY · −112.3% QoQ
- Operating margin
- -576.0%
- EPS (diluted)
- −$0.36
- −185.7% YoY · −112.6% QoQ
Source: XBRL data from the Anterix Inc. (ATEX) Q4 2025 10-Q on SEC EDGAR. USD.
Anterix Inc. Q4 2025 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Spectrum revenue $1.573M, up $7K YoY from $1.566M
- Operating margin -576.0% vs 449.0% YoY
- Net loss $6.601M vs net income $7.710M YoY
- Cash and equivalents $29.5M at December 31, 2025
- Nine-month operating cash use $10.008M vs $12.708M; share repurchases $1.0M
Risk Factors
- Newly replaced regulatory risk: October 1–November 12, 2025 federal shutdown delayed FCC broadband-license processing
- Contractual compliance risk: FCC delays could prevent timely delivery of cleared spectrum and broadband licenses to customers
- Commercialization risk: Shutdowns could delay approvals needed to commercialize 900 MHz spectrum assets
- Liquidity risk: Recurring shutdowns could materially adversely affect liquidity through delayed customer-contract execution
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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