Every 10-Q that Anterix Inc. (ATEX) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ATEX and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ATEX filings page.
Anterix Inc. reported results for the quarter ended June 30, 2026. Spectrum revenue rose to $1.96 million from $1.42 million, driven mainly by Xcel Energy and Tampa Electric contracts. Operating expenses were $12.86 million, with general and administrative costs declining modestly.
The company recorded a non‑cash $10.65 million gain on exchange of spectrum licenses, well below the $33.92 million gain a year earlier, resulting in net income of only $0.24 million versus $25.18 million. Deferred revenue and other contract liabilities grew, with revenue allocated to remaining performance obligations of $197.8 million. Cash and cash equivalents increased to $116.0 million, aided by $20.27 million of stock option exercise proceeds, and net cash from operations was $2.05 million. Anterix continues to build its 900 MHz broadband spectrum position through acquisitions, exchanges, and spectrum sale and lease agreements, while maintaining $226.7 million of capacity under its share repurchase program.
Anterix Inc. reported a sharp swing to profitability for the nine months ended December 31, 2025, driven by large gains on spectrum license exchanges and sales. Net income was $72.1 million, compared with a net loss of $20.6 million a year earlier, even though spectrum revenue was relatively flat at $4.5 million. The company recognized a $94.3 million non‑monetary gain on exchanging narrowband licenses for broadband licenses and a further $12.8 million gain on sales of broadband licenses, while also reducing general and administrative and product development expenses. In the most recent quarter, Anterix posted a net loss of $6.6 million as gains on exchanges were far smaller than in the prior‑year quarter. Cash and cash equivalents were $29.5 million as of December 31, 2025, and management believes current liquidity and contracted customer proceeds can support obligations for at least the next 12 months.
Anterix Inc. reported a sharp turnaround to profitability for the quarter ended September 30, 2025. Net income was $53.5 million versus a $12.8 million loss a year ago, driven primarily by a $59.6 million non‑monetary gain from exchanging narrowband spectrum for broadband licenses and an $11.5 million gain on spectrum sales. Spectrum revenue was $1.6 million, essentially flat year over year.
Total assets rose to $420.4 million, including $325.3 million of intangible assets tied to spectrum. Deferred revenue reached $130.4 million, reflecting customer prepayments to be recognized over time, and remaining performance obligations were $178.5 million. Cash and cash equivalents were $39.1 million, with operating cash outflow of $1.7 million in the first half as gains were largely non‑cash.
The company advanced commercial deliveries, including transfers to LCRA and Oncor, and continued spectrum clearing and license exchanges. Operating expenses declined on lower G&A and product development costs, partially offset by severance related to workforce reductions.
Anterix Inc. reported a net income of $25.18 million for the quarter ended June 30, 2025, reversing a prior-year loss of $15.52 million. Revenue from spectrum leases was $1.418 million, slightly below $1.525 million a year earlier. The swing to profit was driven primarily by a $33.9 million non-cash gain on exchange of intangible assets recorded when the company received broadband licenses for 62 counties, plus $1.0 million of gains on sales of licenses.
On the balance sheet, cash and cash equivalents were $41.4 million and total assets were $359.6 million. Deferred revenue stood at $128.2 million and revenue allocated to remaining performance obligations was $180.1 million, to be recognized over terms up to 30 years. Intangible assets increased to $265.3 million, reflecting license acquisitions and exchanges. The company reported $35.9 million in current liabilities, including contingent liabilities tied to customer deposits and license delivery obligations, and noted $227.7 million remaining under its $250.0 million share repurchase authorization.