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Side-by-side financial comparison of ACTELIS NETWORKS INC (ASNS) and CG Oncology, Inc. (CGON). Click either name above to swap in a different company.

CG Oncology, Inc. is the larger business by last-quarter revenue ($2.3M vs $1.4M, roughly 1.7× ACTELIS NETWORKS INC). ACTELIS NETWORKS INC runs the higher net margin — -184.5% vs -1779.0%, a 1594.5% gap on every dollar of revenue. On growth, CG Oncology, Inc. posted the faster year-over-year revenue change (409.2% vs 28.6%).

Actelis Networks Inc develops and manufactures high-performance broadband access networking solutions for telecom operators, enterprises and government entities. Its core products include Ethernet over copper systems delivering cost-effective high-speed connectivity over existing copper infrastructure, with key markets across North America, Europe and the Asia-Pacific.

CG Oncology, Inc. is a clinical-stage biotechnology company focused on developing innovative targeted immunotherapies for urological cancers including non-muscle invasive bladder cancer. It primarily operates in the U.S. market, advancing pipeline candidates to address unmet medical needs for patients with limited treatment options.

ASNS vs CGON — Head-to-Head

Bigger by revenue
CGON
CGON
1.7× larger
CGON
$2.3M
$1.4M
ASNS
Growing faster (revenue YoY)
CGON
CGON
+380.6% gap
CGON
409.2%
28.6%
ASNS
Higher net margin
ASNS
ASNS
1594.5% more per $
ASNS
-184.5%
-1779.0%
CGON

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASNS
ASNS
CGON
CGON
Revenue
$1.4M
$2.3M
Net Profit
$-2.5M
$-41.3M
Gross Margin
35.1%
Operating Margin
-122.3%
-2097.3%
Net Margin
-184.5%
-1779.0%
Revenue YoY
28.6%
409.2%
Net Profit YoY
-40.1%
-29.9%
EPS (diluted)
$-5.08
$-0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASNS
ASNS
CGON
CGON
Q4 25
$1.4M
$2.3M
Q3 25
$643.0K
$1.7M
Q2 25
$941.0K
$0
Q1 25
$721.0K
Q4 24
$1.1M
$456.0K
Q3 24
$2.5M
Q2 24
$3.4M
Q1 24
$726.0K
$529.0K
Net Profit
ASNS
ASNS
CGON
CGON
Q4 25
$-2.5M
$-41.3M
Q3 25
$-2.0M
$-43.8M
Q2 25
$-1.9M
$-41.4M
Q1 25
$-1.9M
Q4 24
$-1.8M
$-31.8M
Q3 24
$-511.0K
Q2 24
$-78.0K
Q1 24
$-2.0M
$-16.9M
Gross Margin
ASNS
ASNS
CGON
CGON
Q4 25
35.1%
Q3 25
28.5%
Q2 25
32.4%
Q1 25
34.8%
Q4 24
34.3%
Q3 24
68.6%
Q2 24
56.6%
Q1 24
30.3%
Operating Margin
ASNS
ASNS
CGON
CGON
Q4 25
-122.3%
-2097.3%
Q3 25
-300.0%
-3069.0%
Q2 25
-188.4%
Q1 25
-251.3%
Q4 24
-154.0%
-8344.1%
Q3 24
-12.5%
Q2 24
1.9%
Q1 24
-257.7%
-4247.4%
Net Margin
ASNS
ASNS
CGON
CGON
Q4 25
-184.5%
-1779.0%
Q3 25
-307.9%
-2629.5%
Q2 25
-202.0%
Q1 25
-258.0%
Q4 24
-169.4%
-6973.7%
Q3 24
-20.1%
Q2 24
-2.3%
Q1 24
-273.6%
-3200.8%
EPS (diluted)
ASNS
ASNS
CGON
CGON
Q4 25
$-5.08
$-0.52
Q3 25
$-0.17
$-0.57
Q2 25
$-0.21
$-0.54
Q1 25
$-0.22
Q4 24
$-7.90
$-0.47
Q3 24
$-0.09
Q2 24
$-0.01
Q1 24
$-0.50
$-0.36

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASNS
ASNS
CGON
CGON
Cash + ST InvestmentsLiquidity on hand
$4.1M
$742.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8M
$752.6M
Total Assets
$9.5M
$791.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASNS
ASNS
CGON
CGON
Q4 25
$4.1M
$742.2M
Q3 25
$1.5M
$680.3M
Q2 25
$393.0K
$661.1M
Q1 25
$1.1M
Q4 24
$2.0M
$742.0M
Q3 24
$2.2M
Q2 24
$2.4M
Q1 24
$1.4M
$566.5M
Total Debt
ASNS
ASNS
CGON
CGON
Q4 25
Q3 25
$150.0K
Q2 25
$150.0K
Q1 25
$150.0K
Q4 24
$150.0K
Q3 24
Q2 24
Q1 24
$148.0K
Stockholders' Equity
ASNS
ASNS
CGON
CGON
Q4 25
$4.8M
$752.6M
Q3 25
$3.0M
$687.6M
Q2 25
$1.3M
$670.4M
Q1 25
$2.6M
Q4 24
$3.0M
$733.4M
Q3 24
$3.1M
Q2 24
$1.1M
Q1 24
$-1.7M
$568.9M
Total Assets
ASNS
ASNS
CGON
CGON
Q4 25
$9.5M
$791.6M
Q3 25
$6.9M
$729.9M
Q2 25
$6.0M
$701.4M
Q1 25
$7.1M
Q4 24
$8.2M
$754.8M
Q3 24
$8.8M
Q2 24
$8.4M
Q1 24
$10.5M
$579.1M
Debt / Equity
ASNS
ASNS
CGON
CGON
Q4 25
Q3 25
0.05×
Q2 25
0.12×
Q1 25
0.06×
Q4 24
0.05×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASNS
ASNS
CGON
CGON
Operating Cash FlowLast quarter
$-2.1M
$-36.2M
Free Cash FlowOCF − Capex
$-36.2M
FCF MarginFCF / Revenue
-1560.0%
Capex IntensityCapex / Revenue
0.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-124.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASNS
ASNS
CGON
CGON
Q4 25
$-2.1M
$-36.2M
Q3 25
$-2.4M
$-38.9M
Q2 25
$-1.0M
$-28.0M
Q1 25
$-2.2M
Q4 24
$-1.8M
$-20.7M
Q3 24
$-2.4M
Q2 24
$-2.1M
Q1 24
$-203.0K
$-26.0M
Free Cash Flow
ASNS
ASNS
CGON
CGON
Q4 25
$-36.2M
Q3 25
$-39.0M
Q2 25
$-28.0M
Q1 25
Q4 24
$-20.9M
Q3 24
Q2 24
Q1 24
$-204.0K
$-26.0M
FCF Margin
ASNS
ASNS
CGON
CGON
Q4 25
-1560.0%
Q3 25
-2340.4%
Q2 25
Q1 25
Q4 24
-4577.0%
Q3 24
Q2 24
Q1 24
-28.1%
-4919.5%
Capex Intensity
ASNS
ASNS
CGON
CGON
Q4 25
0.3%
Q3 25
5.8%
Q2 25
Q1 25
Q4 24
0.0%
45.8%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.1%
2.3%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASNS
ASNS

Europe Middle East And Africa$1.1M83%
Other$228.0K17%

CGON
CGON

Segment breakdown not available.

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