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Archimedes Tech SPAC Partners II Co. (ATII) Financials

ATII
FY2025 annual
Revenue Not reported for FY2025
Net Income $8.0M YoY not available
EPS (Diluted) Not reported for FY2025
Operating Cash Flow -$739K YoY not available
Market Cap $315.4M as of Sep 2, 2026
Price / Sales n/m no revenue reported
Price / Earnings 39.5x on $8.0M net income, FY2025
Price / Book n/m negative shareholder equity, so no book multiple, Q2 FY2026

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 Sep 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Currency USD FYE December

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 ATII SEC filings page.

This page shows Archimedes Tech SPAC Partners II Co. (ATII) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ATII FY2025

The filing reflects a capital-formation structure: financing and investment flows dominate, while reported profit is disconnected from operations.

FY2025 net income of $8.0M sat alongside an operating loss of -$786K, so reported profit did not come from operating performance. Operating cash flow was -$739K, reinforcing that the accounting gain was not translating into operating cash.

Negative equity of -$6.7M against $241.3M of assets makes the balance sheet dependent on liabilities and other capital claims. The -37.0x debt-to-equity ratio is heavily distorted by that negative denominator.

The $231.2M investing outflow was paired with $233.3M of financing inflow, showing that the period's deployment was funded almost entirely through financing rather than internally generated cash.

Some figures from recent filings were inconsistent and were omitted from this summary.

[ NOT FINANCIAL ADVICE ]

Financial Health Signals

Financial health score not available

Archimedes Tech SPAC Partners II Co. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Earnings Quality No Cash Backing

For every $1 of reported earnings, Archimedes Tech SPAC Partners II Co. used $0.09 of operating cash (-$739K OCF vs $8.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely.

Key Financial Metrics

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Earnings & Revenue

Net Income
-$136.8M
YoY-5898.1%
QoQ-8121.6%

Archimedes Tech SPAC Partners II Co. reported -$136.8M in net income in Q2 2026. This represents a decrease of 5898.1% from the same quarter a year earlier. Against the prior quarter it is down 8121.6%.

Revenue

Not reported for Q2 2026.

EBITDA

Not reported for Q2 2026.

EPS (Diluted)

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt
$415K
YoY-76.5%
QoQ-61.5%

Archimedes Tech SPAC Partners II Co. held $415K in cash as of Q2 2026; long-term debt is not reported for that period.

Shares Outstanding
30M
YoY0.0%
QoQ0.0%

Archimedes Tech SPAC Partners II Co. had 30M shares outstanding in Q2 2026. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q2 2026.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

None of these metrics is reported for Q2 2026.

Capital Allocation

None of these metrics is reported for Q2 2026.

ATII 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.

ATII quarterly income statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
SG&A Expenses$978K+551.7%$449K+185.0%N/A$160K+1129.6%$150K$157KN/A$13K
Operating Income-$978K-551.7%-$449K-185.0%N/A-$160K-1129.6%-$150K-$157KN/A-$13K
Net Income-$136.8M-5898.1%$1.7M+47.1%N/A$2.4M+18590.8%$2.4M$1.2MN/A-$13K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

ATII 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.

ATII quarterly balance sheet
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Total Assets$244.7M+3.3%$243.2M+3.7%$241.3M+56067.1%$239.3M$236.9M$234.6M$430KN/A
Current Assets$515K-72.9%$1.2M-39.7%$1.5M$1.7M$1.9M$2.0M$0N/A
Cash & Equivalents$415K-76.5%$1.1M-42.2%$1.4M$1.4M$1.8M$1.9M$0N/A
Short-Term Investments$0$0$0$0$0$0$0N/A
Long-Term Investments$0$0$0$0$0$0$0N/A
Total Liabilities$390.7M+60.7%$250.4M+4.0%$248.0M+51214.3%$245.7M$243.2M$240.7M$483KN/A
Current Liabilities$138.5M+86952.6%$309K+79.8%$138K-71.6%$129K$159K$172K$483KN/A
Non-Current Liabilities$252.2M+3.8%$250.1M+4.0%$247.9M$245.5M$243.0M$240.5M$0N/A
Total Equity-$146.1M-2234.5%-$7.1M-16.6%-$6.7M-12383.1%-$6.4M-20743.4%-$6.3M-$6.1M-$54K-$31K
Retained Earnings-$146.1M-2234.3%-$7.1M-16.6%-$6.7M-8418.6%-$6.4M-$6.3M-$6.1M-$79KN/A

Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.

ATII 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.

ATII quarterly cash flow statement
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Operating Cash Flow-$663K-594.9%-$209K+17.8%-$45K-$345K-$95K-$254K$0$0
Investing Cash Flow$0$0+100.0%$0$0$0-$231.2M$0$0
Financing Cash Flow$0+100.0%-$76K-100.0%-$1K-$11K-$3K$233.3M$0$0

Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.

ATII 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.

ATII quarterly financial ratios
MetricQ2'2610-QQ1'2610-QQ4'2510-QQ3'2510-QQ2'2510-QQ1'2510-QQ4'2410-KQ3'2410-Q
Return on Assets-55.9%-56.9pp0.7%+0.2ppN/A1.0%1.0%0.5%N/AN/A
Current Ratio0.00-11.9x3.94-7.8x10.72+10.7x13.5911.9411.740.00N/A

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Debt-to-Equity, Asset Turnover, FCF Margin.

Note: Shareholder equity is negative (-$6.7M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.

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
Archimedes Tech SPAC Partners II Co. ATII FY2025 N/A $8.0M N/A $315.4M
Voyager Acquisition Corp VACH FY2025 N/A $9.0M N/A $541.3M
Andretti Acquisition Corp II POLE FY2025 N/A $8.4M N/A $320.2M
Jackson Acquisition Co Ii JACS FY2025 N/A $9.1M N/A $317.8M
Graf Global Corp GRAF FY2025 N/A $8.0M N/A $153.2M
Fifth Era Acquisition Corp I FERA FY2025 N/A $4.1M N/A $328.3M

Frequently Asked Questions

Is Archimedes Tech SPAC Partners II Co. profitable?

Yes, Archimedes Tech SPAC Partners II Co. (ATII) reported a net income of $8.0M in fiscal year 2025.

What is Archimedes Tech SPAC Partners II Co.'s operating cash flow?

Archimedes Tech SPAC Partners II Co. (ATII) recorded an outflow of $739K in operating cash flow during fiscal year 2025, representing cash used by core business activities.

What are Archimedes Tech SPAC Partners II Co.'s total assets?

Archimedes Tech SPAC Partners II Co. (ATII) had $241.3M in total assets as of fiscal year 2025, including both current and long-term assets.

Archimedes Tech SPAC Partners II Co. (ATII) had 30M shares outstanding as of fiscal year 2025.

Archimedes Tech SPAC Partners II Co. (ATII) had a current ratio of 10.72 as of fiscal year 2025, which is generally considered healthy.

Archimedes Tech SPAC Partners II Co. (ATII) had a return on assets of 3.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Archimedes Tech SPAC Partners II Co. (ATII) trades at 39.5x earnings, its market capitalization divided by net income of $8.0M net income, FY2025. The market capitalization is $315.4M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Archimedes Tech SPAC Partners II Co. (ATII) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $315.4M as of Sep 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

Archimedes Tech SPAC Partners II Co. (ATII) has negative shareholder equity of -$6.7M as of fiscal year 2025, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.

For every $1 of reported earnings, Archimedes Tech SPAC Partners II Co. (ATII) used $0.09 of operating cash (-$739K OCF vs $8.0M net income). Earnings that no cash stands behind rest on accounting accruals, which cannot be repeated indefinitely. 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.

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