ACTELIS NETWORKS INC (ASNS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ASNS SEC filings page.
ACTELIS NETWORKS INC (ASNS) reported $4.1M in revenue over the twelve months to Jun 30, 2026, down 22.1% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business is shrinking, but fixed operating costs remain heavy, leaving financing to support the balance sheet.
Revenue contracted52.7% from FY2024 to FY2025, exposing a much smaller sales base. Gross margin then fell from55.0% to33.2% , so the contraction also carried weaker unit economics rather than being only a volume problem.
Gross margin compression coincided with operating loss widening to
Financing provided
Financial Health Signals
We are recalculating ACTELIS NETWORKS INC's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.
ACTELIS NETWORKS INC scores -8.96, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($1.4M) relative to total liabilities ($4.7M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
ACTELIS NETWORKS INC passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, 2 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
ACTELIS NETWORKS INC reported a net loss of $8.3M while operations used $7.7M of cash. With neither figure positive, the ratio between the two carries no quality signal.
ACTELIS NETWORKS INC reported an operating loss of $7.2M against $251K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
ACTELIS NETWORKS INC generated $1.1M in revenue in Q2 2026. This represents an increase of 20.3% from the same quarter a year earlier. Against the prior quarter it is up 18.2%.
ACTELIS NETWORKS INC's EBITDA was -$1.6M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 10.8% from the same quarter a year earlier. Against the prior quarter it is up 15.3%.
ACTELIS NETWORKS INC reported -$1.4M in net income in Q2 2026. This represents an increase of 26.7% from the same quarter a year earlier. Against the prior quarter it is up 43.3%.
Cash & Balance Sheet
ACTELIS NETWORKS INC recorded an outflow of $1.8M in free cash flow in Q2 2026, representing a cash shortfall after capex. Against the prior quarter it is up 8.6%.
ACTELIS NETWORKS INC held $5.7M in cash against $150K in long-term debt as of Q2 2026.
Not reported for Q2 2026.
Margins & Returns
ACTELIS NETWORKS INC's gross margin was 51.1% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 18.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 26.6 percentage points.
ACTELIS NETWORKS INC's ROE was -19.3% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 132.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 10.2 percentage points.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q2 2026: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
ACTELIS NETWORKS INC invested $658K in research and development in Q2 2026. This represents a decrease of 2.5% from the same quarter a year earlier. Against the prior quarter it is down 4.5%.
ACTELIS NETWORKS INC invested $44K in capex in Q2 2026, funding long-term assets and infrastructure. Against the prior quarter it is down 2.2%.
Not reported for Q2 2026.
ASNS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.1M+20.3% | $958K+32.9% | $1.4M+28.6% | $643K-74.7% | $941K-72.6% | $721K-0.7% | $1.1M+4.4% | $2.5M+200.7% |
| Cost of Revenue | $553K-13.1% | $723K+53.8% | $887K+27.1% | $460K-42.4% | $636K-57.3% | $470K-7.1% | $698K+5.3% | $798K+28.9% |
| Gross Profit | $579K+89.8% | $235K-6.4% | $479K+31.6% | $183K-89.5% | $305K-84.3% | $251K+14.1% | $364K+2.8% | $1.7M+671.2% |
| R&D Expenses | $658K-2.5% | $689K+1.2% | $691K+17.1% | $591K+8.8% | $675K+11.9% | $681K+5.3% | $590K+0.9% | $543K-21.4% |
| SG&A Expenses | $737K+4.8% | $734K+2.5% | $675K-12.6% | $805K+1.9% | $703K-11.0% | $716K-12.4% | $772K+6.3% | $790K-18.6% |
| Operating Income | -$1.6M+10.8% | -$1.9M-2.8% | -$1.7M-2.1% | -$1.9M-508.5% | -$1.8M-2786.4% | -$1.8M+3.2% | -$1.6M+1.1% | -$317K+85.1% |
| EBITDA | -$1.6M+10.8% | -$1.9M-3.0% | -$1.7M-2.7% | -$1.9M-513.7% | -$1.8M-2624.3% | -$1.8M+3.3% | -$1.6M+1.6% | -$314K+85.2% |
| Interest Expense | $106K+381.8% | $14K-58.8% | $168K+140.7% | $27K-89.0% | $22K-83.9% | $34K+155.7% | -$413K-90.3% | $246K+52.8% |
| Net Income | -$1.4M+26.7% | -$2.5M-32.0% | -$2.5M-40.1% | -$2.0M-287.5% | -$1.9M-2337.2% | -$1.9M+6.3% | -$1.8M+6.8% | -$511K+41.1% |
| EPS (Basic) | -$0.05+97.6% | -$0.16+92.7% | -$5.10+35.5% | -$0.17-88.9% | -$2.08-20700.0% | -$2.18-336.0% | -$7.91-1063.2% | -$0.09+71.9% |
| EPS (Diluted) | -$0.05 | -$0.16 | -$5.10 | -$0.17 | -$2.08 | -$2.18 | -$7.91 | -$0.09 |
| Diluted Shares (Avg) | 26M | 16M | N/A | 12M | 914,413 | 852,011 | N/A | 6M |
Not reported in any period shown, so not listed: Income Tax.
ASNS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $11.4M+89.9% | $12.8M+80.6% | $9.5M+15.9% | $6.9M-20.8% | $6.0M-28.4% | $7.1M-32.4% | $8.2M-26.7% | $8.8M-21.6% |
| Current Assets | $10.1M+108.3% | $11.4M+95.8% | $8.6M+24.5% | $5.9M-18.0% | $4.8M-26.2% | $5.8M-5.5% | $6.9M+16.8% | $7.2M+33.4% |
| Cash & Equivalents | $5.7M+1362.6% | $7.5M+572.5% | $4.1M+106.3% | $1.5M-35.1% | $393K-83.7% | $1.1M-7.3% | $2.0M+217.3% | $2.2M+228.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0-100.0% | $0-100.0% | $0-100.0% |
| Inventory | $2.3M-9.1% | $2.3M-8.6% | $2.5M+1.0% | $2.7M+12.8% | $2.5M+16.7% | $2.5M-3.8% | $2.4M-3.6% | $2.4M-12.1% |
| Accounts Receivable | $1.4M+45.4% | $930K-24.6% | $1.1M-34.5% | $624K-65.9% | $943K+36.7% | $1.2M | $1.6M+143.4% | $1.8M |
| Long-Term Investments | $63K-32.3% | $86K+1.2% | $91K+5.8% | $95K+21.8% | $93K+20.8% | $85K | $86K+10.3% | $78K |
| Total Liabilities | $4.2M-12.3% | $4.5M+5.0% | $4.7M-9.7% | $4.0M-30.3% | $4.7M-34.5% | $4.3M-64.2% | $5.2M-51.6% | $5.7M-44.3% |
| Current Liabilities | $3.0M-30.1% | $2.6M-30.1% | $3.5M-23.8% | $3.5M-31.4% | $4.2M-34.5% | $3.7M-57.9% | $4.6M-33.7% | $5.1M-23.5% |
| Non-Current Liabilities | $1.2M+142.2% | $1.9M+239.4% | $1.2M+88.9% | $487K-20.7% | $491K-34.4% | $561K-82.1% | $657K-83.3% | $614K-82.9% |
| Long-Term Debt | $150K0.0% | $150K0.0% | $150K0.0% | $150K0.0% | $150K-43.0% | $150K-94.0% | $150K-95.2% | $150K |
| Total Equity | $7.2M+475.9% | $8.3M+196.3% | $4.8M+60.7% | $3.0M-3.1% | $1.3M+10.1% | $2.8M+268.2% | $3.0M+669.3% | $3.1M+265.3% |
| Retained Earnings | -$56.2M-17.5% | -$54.8M-19.3% | -$52.3M-18.7% | -$49.8M-17.8% | -$47.8M-14.5% | -$45.9M-10.2% | -$44.1M-11.0% | -$42.3M-11.9% |
Not reported in any period shown, so not listed: Goodwill.
ASNS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.7M-66.3% | -$1.9M+12.5% | -$2.1M-16.2% | -$2.4M+0.8% | -$1.0M+51.2% | -$2.2M-970.9% | -$1.8M-27.8% | -$2.4M-8.1% |
| Depreciation & Amortization | $5K-16.7% | $2K-66.7% | $6K-60.0% | $2K-33.3% | $6K+50.0% | $6K+50.0% | $15K+114.3% | $3K-57.1% |
| Stock-Based Compensation | N/A | $70K-11.4% | N/A | N/A | N/A | $79K-11.2% | N/A | N/A |
| Capital Expenditures | $44K | $45K | $4K | $0 | N/A | N/A | $0-100.0% | $0-100.0% |
| Free Cash Flow | -$1.8M | -$1.9M | -$2.1M-16.4% | -$2.4M+0.8% | N/A | N/A | -$1.8M-27.6% | -$2.4M-8.0% |
| Investing Cash Flow | -$10K-100.0% | -$41K-4200.0% | -$4K | $0 | -$5K-102.5% | $1K+200.0% | $0-100.0% | $0-100.0% |
| Financing Cash Flow | -$45K-114.4% | $5.1M+285.2% | $4.7M+218.3% | $3.5M+114.6% | $312K+86.8% | $1.3M+911.6% | $1.5M+25.0% | $1.6M+935.6% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ASNS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 51.1%+18.7pp | 24.5%-10.3pp | 35.1%+0.8pp | 28.5%-40.1pp | 32.4%-24.2pp | 34.8%+4.5pp | 34.3%-0.5pp | 68.6%+41.9pp |
| Operating Margin | -139.8% | -194.5% | -122.3% | -300.0% | -188.4% | -251.3% | -154.1% | -12.5% |
| Net Margin | -123.1% | -256.4% | -184.5% | -307.9% | -202.0% | -258.0% | -169.4% | -20.1% |
| Return on Equity | -19.3%+132.5pp | -29.5%+36.8pp | -52.5%+7.7pp | -66.8%-50.1pp | -151.8%-145.0pp | -66.3% | -60.3%+437.4pp | -16.7%+86.8pp |
| Return on Assets | -12.3%+19.5pp | -19.1%+7.0pp | -26.4%-4.6pp | -28.6%-22.7pp | -31.8%-30.9pp | -26.2%-7.3pp | -21.9%-4.7pp | -5.8%+1.9pp |
| Current Ratio | 3.40+2.3x | 4.38+2.8x | 2.46+1.0x | 1.70+0.3x | 1.14+0.1x | 1.56+0.9x | 1.51+0.7x | 1.42+0.6x |
| Debt-to-Equity | 0.02-0.1x | 0.020.0x | 0.030.0x | 0.050.0x | 0.12-0.1x | 0.05 | 0.05-8.1x | 0.05-12.1x |
| Asset Turnover | 0.10-0.1x | 0.070.0x | 0.140.0x | 0.09-0.2x | 0.16-0.3x | 0.100.0x | 0.130.0x | 0.29+0.2x |
| FCF Margin | -157.2% | -203.2% | -150.7% | -376.2% | N/A | N/A | -166.5% | -96.0% |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| ACTELIS NETWORKS INC ASNS | FY2025 | $3.7M | -$8.3M | N/A | $1.4M | — |
| ClearOne, Inc. CLRO | FY2025 | $0 | N/A | N/A | $10.5M | — |
| DNA X, Inc. SONM | FY2025 | N/A | -$20.7M | N/A | $5.4M | — |
| Silynxcom Ltd. SYNX | FY2025 | $5.8M | -$3.1M | -52.8% | $5.7M | 23/100 |
| Moving iMage Technologies, Inc. MITQ | FY2026 | $17.3M | -$297K | -1.7% | $5.9M | 37/100 |
| UTStarcom Holdings Corp UTSI | FY2025 | $9.0M | -$8.0M | -88.5% | $21.5M | 51/100 |
Where ACTELIS NETWORKS INC Ranks
Frequently Asked Questions
What is ACTELIS NETWORKS INC's annual revenue?
ACTELIS NETWORKS INC (ASNS) reported $3.7M in total revenue for fiscal year 2025. This represents a -52.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is ACTELIS NETWORKS INC's revenue growing?
ACTELIS NETWORKS INC (ASNS) revenue declined by 52.7% year-over-year, from $7.8M to $3.7M in fiscal year 2025.
Is ACTELIS NETWORKS INC profitable?
No, ACTELIS NETWORKS INC (ASNS) reported a net income of -$8.3M in fiscal year 2025.
What is ACTELIS NETWORKS INC's EBITDA?
ACTELIS NETWORKS INC (ASNS) had EBITDA of -$7.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does ACTELIS NETWORKS INC have?
As of fiscal year 2025, ACTELIS NETWORKS INC (ASNS) had $4.1M in cash and equivalents against $150K in long-term debt.
What is ACTELIS NETWORKS INC's gross margin?
ACTELIS NETWORKS INC (ASNS) had a gross margin of 33.2% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is ACTELIS NETWORKS INC's return on equity (ROE)?
ACTELIS NETWORKS INC (ASNS) has a return on equity of -172.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is ACTELIS NETWORKS INC's free cash flow?
ACTELIS NETWORKS INC (ASNS) recorded an outflow of $7.7M in free cash flow during fiscal year 2025. This represents a -17.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is ACTELIS NETWORKS INC's operating cash flow?
ACTELIS NETWORKS INC (ASNS) recorded an outflow of $7.7M in operating cash flow during fiscal year 2025, representing cash used by core business activities.
What are ACTELIS NETWORKS INC's total assets?
ACTELIS NETWORKS INC (ASNS) had $9.5M in total assets as of fiscal year 2025, including both current and long-term assets.
What are ACTELIS NETWORKS INC's capital expenditures?
ACTELIS NETWORKS INC (ASNS) invested $9K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does ACTELIS NETWORKS INC spend on research and development?
ACTELIS NETWORKS INC (ASNS) invested $2.6M in research and development during fiscal year 2025.
What is ACTELIS NETWORKS INC's current ratio?
ACTELIS NETWORKS INC (ASNS) had a current ratio of 2.46 as of fiscal year 2025, which is generally considered healthy.
What is ACTELIS NETWORKS INC's debt-to-equity ratio?
ACTELIS NETWORKS INC (ASNS) had a debt-to-equity ratio of 0.03 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is ACTELIS NETWORKS INC's return on assets (ROA)?
ACTELIS NETWORKS INC (ASNS) had a return on assets of -86.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is ACTELIS NETWORKS INC's P/E ratio?
ACTELIS NETWORKS INC (ASNS) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (trailing 12 months to June 30, 2026). The market capitalization is $1.4M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is ACTELIS NETWORKS INC's price-to-sales ratio?
ACTELIS NETWORKS INC (ASNS) trades at 0.4x sales, its market capitalization divided by revenue of $4.1M revenue, trailing 12 months to June 30, 2026. The market capitalization is $1.4M as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does ACTELIS NETWORKS INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2025, ACTELIS NETWORKS INC (ASNS) held $4.1M in cash, cash equivalents and investments, and reported an operating cash outflow of $7.7M over that year. Dividing the one by the other, the reported balance equals about 6 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
What is ACTELIS NETWORKS INC's Altman Z-Score?
ACTELIS NETWORKS INC (ASNS) has an Altman Z-Score of -8.96, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is ACTELIS NETWORKS INC's Piotroski F-Score?
ACTELIS NETWORKS INC (ASNS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are ACTELIS NETWORKS INC's earnings high quality?
ACTELIS NETWORKS INC (ASNS) reported a net loss of $8.3M while operations used $7.7M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can ACTELIS NETWORKS INC cover its interest payments?
ACTELIS NETWORKS INC (ASNS) reported an operating loss of $7.2M against $251K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.