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Side-by-side financial comparison of ACTELIS NETWORKS INC (ASNS) and FATE THERAPEUTICS INC (FATE). Click either name above to swap in a different company.

FATE THERAPEUTICS INC is the larger business by last-quarter revenue ($1.4M vs $1.4M, roughly 1.0× ACTELIS NETWORKS INC). On growth, ACTELIS NETWORKS INC posted the faster year-over-year revenue change (28.6% vs -26.4%). Over the past eight quarters, ACTELIS NETWORKS INC's revenue compounded faster (37.2% CAGR vs -15.7%).

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.

Insys Therapeutics was an American specialty pharmaceutical company based in Chandler, Arizona in 1990. Its main product was Subsys, a sublingual liquid form of the drug fentanyl. Fentanyl is an extremely fast-acting and powerful opioid used to relieve breakthrough pain in cancer patients, and prescription of fentanyl in the US for such pain usually requires documented failure of more conservative therapies.

ASNS vs FATE — Head-to-Head

Bigger by revenue
FATE
FATE
1.0× larger
FATE
$1.4M
$1.4M
ASNS
Growing faster (revenue YoY)
ASNS
ASNS
+55.0% gap
ASNS
28.6%
-26.4%
FATE
Faster 2-yr revenue CAGR
ASNS
ASNS
Annualised
ASNS
37.2%
-15.7%
FATE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ASNS
ASNS
FATE
FATE
Revenue
$1.4M
$1.4M
Net Profit
$-2.5M
Gross Margin
35.1%
Operating Margin
-122.3%
Net Margin
-184.5%
Revenue YoY
28.6%
-26.4%
Net Profit YoY
-40.1%
37.9%
EPS (diluted)
$-5.08

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
FATE
FATE
Q4 25
$1.4M
$1.4M
Q3 25
$643.0K
$1.7M
Q2 25
$941.0K
$1.9M
Q1 25
$721.0K
$1.6M
Q4 24
$1.1M
$1.9M
Q3 24
$2.5M
$3.1M
Q2 24
$3.4M
$6.8M
Q1 24
$726.0K
$1.9M
Net Profit
ASNS
ASNS
FATE
FATE
Q4 25
$-2.5M
Q3 25
$-2.0M
$-32.3M
Q2 25
$-1.9M
$-34.1M
Q1 25
$-1.9M
$-37.6M
Q4 24
$-1.8M
Q3 24
$-511.0K
$-47.7M
Q2 24
$-78.0K
$-38.4M
Q1 24
$-2.0M
$-48.0M
Gross Margin
ASNS
ASNS
FATE
FATE
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
FATE
FATE
Q4 25
-122.3%
Q3 25
-300.0%
-1995.1%
Q2 25
-188.4%
-1938.5%
Q1 25
-251.3%
-2534.1%
Q4 24
-154.0%
Q3 24
-12.5%
-1703.9%
Q2 24
1.9%
-665.7%
Q1 24
-257.7%
-2652.9%
Net Margin
ASNS
ASNS
FATE
FATE
Q4 25
-184.5%
Q3 25
-307.9%
-1852.4%
Q2 25
-202.0%
-1786.6%
Q1 25
-258.0%
-2309.5%
Q4 24
-169.4%
Q3 24
-20.1%
-1551.0%
Q2 24
-2.3%
-567.4%
Q1 24
-273.6%
-2493.7%
EPS (diluted)
ASNS
ASNS
FATE
FATE
Q4 25
$-5.08
Q3 25
$-0.17
$-0.27
Q2 25
$-0.21
$-0.29
Q1 25
$-0.22
$-0.32
Q4 24
$-7.90
Q3 24
$-0.09
$-0.40
Q2 24
$-0.01
$-0.33
Q1 24
$-0.50
$-0.47

Balance Sheet & Financial Strength

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

Metric
ASNS
ASNS
FATE
FATE
Cash + ST InvestmentsLiquidity on hand
$4.1M
$203.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.8M
$207.2M
Total Assets
$9.5M
$318.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASNS
ASNS
FATE
FATE
Q4 25
$4.1M
$203.7M
Q3 25
$1.5M
$215.4M
Q2 25
$393.0K
$222.8M
Q1 25
$1.1M
$240.4M
Q4 24
$2.0M
$279.1M
Q3 24
$2.2M
$296.9M
Q2 24
$2.4M
$304.9M
Q1 24
$1.4M
$121.3M
Total Debt
ASNS
ASNS
FATE
FATE
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
FATE
FATE
Q4 25
$4.8M
$207.2M
Q3 25
$3.0M
$234.1M
Q2 25
$1.3M
$261.4M
Q1 25
$2.6M
$288.4M
Q4 24
$3.0M
$318.7M
Q3 24
$3.1M
$362.3M
Q2 24
$1.1M
$397.0M
Q1 24
$-1.7M
$426.1M
Total Assets
ASNS
ASNS
FATE
FATE
Q4 25
$9.5M
$318.9M
Q3 25
$6.9M
$343.7M
Q2 25
$6.0M
$371.6M
Q1 25
$7.1M
$398.7M
Q4 24
$8.2M
$440.7M
Q3 24
$8.8M
$495.0M
Q2 24
$8.4M
$528.8M
Q1 24
$10.5M
$569.9M
Debt / Equity
ASNS
ASNS
FATE
FATE
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
FATE
FATE
Operating Cash FlowLast quarter
$-2.1M
$-106.1M
Free Cash FlowOCF − Capex
$-112.0M
FCF MarginFCF / Revenue
-8183.9%
Capex IntensityCapex / Revenue
434.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-199.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASNS
ASNS
FATE
FATE
Q4 25
$-2.1M
$-106.1M
Q3 25
$-2.4M
$-24.4M
Q2 25
$-1.0M
$-24.6M
Q1 25
$-2.2M
$-33.8M
Q4 24
$-1.8M
$-122.9M
Q3 24
$-2.4M
$-29.4M
Q2 24
$-2.1M
$-32.3M
Q1 24
$-203.0K
$-33.4M
Free Cash Flow
ASNS
ASNS
FATE
FATE
Q4 25
$-112.0M
Q3 25
$-26.6M
Q2 25
$-25.9M
Q1 25
$-35.0M
Q4 24
$-123.6M
Q3 24
$-29.9M
Q2 24
$-32.4M
Q1 24
$-204.0K
$-33.4M
FCF Margin
ASNS
ASNS
FATE
FATE
Q4 25
-8183.9%
Q3 25
-1526.5%
Q2 25
-1360.7%
Q1 25
-2148.9%
Q4 24
-6645.4%
Q3 24
-973.1%
Q2 24
-477.8%
Q1 24
-28.1%
-1736.9%
Capex Intensity
ASNS
ASNS
FATE
FATE
Q4 25
434.8%
Q3 25
126.5%
Q2 25
71.4%
Q1 25
73.4%
Q4 24
0.0%
39.2%
Q3 24
0.0%
16.1%
Q2 24
0.0%
0.8%
Q1 24
0.1%
4.5%

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%

FATE
FATE

Segment breakdown not available.

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