vs

Side-by-side financial comparison of Anterix Inc. (ATEX) and Bolt Biotherapeutics, Inc. (BOLT). Click either name above to swap in a different company.

Bolt Biotherapeutics, Inc. is the larger business by last-quarter revenue ($2.5M vs $1.6M, roughly 1.6× Anterix Inc.). Bolt Biotherapeutics, Inc. runs the higher net margin — -265.2% vs -419.6%, a 154.4% gap on every dollar of revenue. Over the past eight quarters, Anterix Inc.'s revenue compounded faster (11.7% CAGR vs -31.2%).

Anterix Inc. is a U.S.-headquartered wireless communications company that owns licensed 900 MHz spectrum assets, providing secure, dedicated private broadband network solutions for critical infrastructure operators including electric utilities, public safety agencies, and transportation providers. Its primary market is North America, supporting clients requiring highly reliable connectivity for mission-critical operations.

Bolt Biotherapeutics, Inc. is a clinical-stage biotechnology company specializing in immune-stimulating antibody conjugate (ISAC) therapies for cancer treatment. Its core pipeline targets hard-to-treat solid tumors, serving global oncology markets and advancing novel immunotherapies that trigger targeted anti-tumor immune responses to improve patient outcomes.

ATEX vs BOLT — Head-to-Head

Bigger by revenue
BOLT
BOLT
1.6× larger
BOLT
$2.5M
$1.6M
ATEX
Higher net margin
BOLT
BOLT
154.4% more per $
BOLT
-265.2%
-419.6%
ATEX
Faster 2-yr revenue CAGR
ATEX
ATEX
Annualised
ATEX
11.7%
-31.2%
BOLT

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ATEX
ATEX
BOLT
BOLT
Revenue
$1.6M
$2.5M
Net Profit
$-6.6M
$-6.6M
Gross Margin
Operating Margin
-576.0%
-283.4%
Net Margin
-419.6%
-265.2%
Revenue YoY
0.4%
Net Profit YoY
-185.6%
58.4%
EPS (diluted)
$-0.35
$-9.38

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
ATEX
ATEX
BOLT
BOLT
Q4 25
$1.6M
$2.5M
Q3 25
$1.6M
$2.2M
Q2 25
$1.4M
$1.8M
Q1 25
$1.4M
$1.2M
Q4 24
$1.6M
$0
Q3 24
$1.6M
$1.1M
Q2 24
$1.5M
$1.3M
Q1 24
$1.3M
$5.3M
Net Profit
ATEX
ATEX
BOLT
BOLT
Q4 25
$-6.6M
$-6.6M
Q3 25
$53.5M
$-7.1M
Q2 25
$25.2M
$-8.6M
Q1 25
$9.2M
$-11.0M
Q4 24
$7.7M
$-15.9M
Q3 24
$-12.8M
$-15.2M
Q2 24
$-15.5M
$-21.2M
Q1 24
$-9.4M
$-10.8M
Operating Margin
ATEX
ATEX
BOLT
BOLT
Q4 25
-576.0%
-283.4%
Q3 25
-355.1%
Q2 25
-510.5%
Q1 25
-991.4%
Q4 24
Q3 24
-846.6%
-1441.1%
Q2 24
-984.4%
-1772.3%
Q1 24
-834.2%
-324.1%
Net Margin
ATEX
ATEX
BOLT
BOLT
Q4 25
-419.6%
-265.2%
Q3 25
3449.5%
-329.4%
Q2 25
1775.7%
-474.6%
Q1 25
662.9%
-903.4%
Q4 24
492.3%
Q3 24
-823.1%
-1330.1%
Q2 24
-1018.0%
-1662.4%
Q1 24
-746.9%
-205.0%
EPS (diluted)
ATEX
ATEX
BOLT
BOLT
Q4 25
$-0.35
$-9.38
Q3 25
$2.86
$-3.72
Q2 25
$1.35
$-4.46
Q1 25
$0.51
$-0.29
Q4 24
$0.41
$-13.73
Q3 24
$-0.69
$-7.93
Q2 24
$-0.84
$-11.12
Q1 24
$-0.51
$-0.28

Balance Sheet & Financial Strength

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

Metric
ATEX
ATEX
BOLT
BOLT
Cash + ST InvestmentsLiquidity on hand
$29.5M
$27.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$236.0M
$26.5M
Total Assets
$417.0M
$56.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATEX
ATEX
BOLT
BOLT
Q4 25
$29.5M
$27.5M
Q3 25
$39.1M
$31.9M
Q2 25
$41.4M
$34.8M
Q1 25
$47.4M
$38.8M
Q4 24
$28.8M
$47.3M
Q3 24
$43.1M
$53.8M
Q2 24
$51.7M
$73.7M
Q1 24
$60.6M
$91.3M
Stockholders' Equity
ATEX
ATEX
BOLT
BOLT
Q4 25
$236.0M
$26.5M
Q3 25
$240.3M
$32.1M
Q2 25
$184.8M
$38.8M
Q1 25
$156.6M
$46.8M
Q4 24
$144.7M
$57.2M
Q3 24
$139.1M
$72.0M
Q2 24
$148.8M
$85.9M
Q1 24
$161.0M
$104.2M
Total Assets
ATEX
ATEX
BOLT
BOLT
Q4 25
$417.0M
$56.7M
Q3 25
$420.4M
$65.1M
Q2 25
$359.6M
$75.5M
Q1 25
$333.1M
$85.9M
Q4 24
$326.7M
$99.6M
Q3 24
$317.2M
$109.3M
Q2 24
$321.1M
$124.2M
Q1 24
$324.9M
$142.9M

Cash Flow & Capital Efficiency

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

Metric
ATEX
ATEX
BOLT
BOLT
Operating Cash FlowLast quarter
$-8.3M
$-7.2M
Free Cash FlowOCF − Capex
$-8.3M
FCF MarginFCF / Revenue
-526.4%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ATEX
ATEX
BOLT
BOLT
Q4 25
$-8.3M
$-7.2M
Q3 25
$1.4M
$-9.7M
Q2 25
$-3.1M
$-9.6M
Q1 25
$-16.6M
$-13.4M
Q4 24
$-7.7M
$-14.4M
Q3 24
$-2.6M
$-14.0M
Q2 24
$-2.4M
$-16.1M
Q1 24
$6.1M
$-16.8M
Free Cash Flow
ATEX
ATEX
BOLT
BOLT
Q4 25
$-8.3M
Q3 25
Q2 25
Q1 25
$-16.6M
Q4 24
Q3 24
$-2.7M
$-14.0M
Q2 24
Q1 24
$6.1M
FCF Margin
ATEX
ATEX
BOLT
BOLT
Q4 25
-526.4%
Q3 25
Q2 25
Q1 25
-1195.2%
Q4 24
Q3 24
-173.4%
-1227.6%
Q2 24
Q1 24
484.1%
Capex Intensity
ATEX
ATEX
BOLT
BOLT
Q4 25
0.6%
Q3 25
Q2 25
Q1 25
3.3%
Q4 24
0.0%
Q3 24
2.6%
3.6%
Q2 24
0.0%
0.0%
Q1 24
3.2%
0.0%
Cash Conversion
ATEX
ATEX
BOLT
BOLT
Q4 25
Q3 25
0.03×
Q2 25
-0.12×
Q1 25
-1.80×
Q4 24
-1.00×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons