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Side-by-side financial comparison of Anterix Inc. (ATEX) 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 $1.6M, roughly 1.5× Anterix Inc.). Anterix Inc. runs the higher net margin — -419.6% vs -1779.0%, a 1359.4% gap on every dollar of revenue. On growth, CG Oncology, Inc. posted the faster year-over-year revenue change (409.2% vs 0.4%). Anterix Inc. produced more free cash flow last quarter ($-8.3M vs $-36.2M).

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.

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.

ATEX vs CGON — Head-to-Head

Bigger by revenue
CGON
CGON
1.5× larger
CGON
$2.3M
$1.6M
ATEX
Growing faster (revenue YoY)
CGON
CGON
+408.8% gap
CGON
409.2%
0.4%
ATEX
Higher net margin
ATEX
ATEX
1359.4% more per $
ATEX
-419.6%
-1779.0%
CGON
More free cash flow
ATEX
ATEX
$27.9M more FCF
ATEX
$-8.3M
$-36.2M
CGON

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
ATEX
ATEX
CGON
CGON
Revenue
$1.6M
$2.3M
Net Profit
$-6.6M
$-41.3M
Gross Margin
Operating Margin
-576.0%
-2097.3%
Net Margin
-419.6%
-1779.0%
Revenue YoY
0.4%
409.2%
Net Profit YoY
-185.6%
-29.9%
EPS (diluted)
$-0.35
$-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
ATEX
ATEX
CGON
CGON
Q4 25
$1.6M
$2.3M
Q3 25
$1.6M
$1.7M
Q2 25
$1.4M
$0
Q1 25
$1.4M
Q4 24
$1.6M
$456.0K
Q3 24
$1.6M
Q2 24
$1.5M
Q1 24
$1.3M
$529.0K
Net Profit
ATEX
ATEX
CGON
CGON
Q4 25
$-6.6M
$-41.3M
Q3 25
$53.5M
$-43.8M
Q2 25
$25.2M
$-41.4M
Q1 25
$9.2M
Q4 24
$7.7M
$-31.8M
Q3 24
$-12.8M
Q2 24
$-15.5M
Q1 24
$-9.4M
$-16.9M
Operating Margin
ATEX
ATEX
CGON
CGON
Q4 25
-576.0%
-2097.3%
Q3 25
-3069.0%
Q2 25
Q1 25
Q4 24
-8344.1%
Q3 24
-846.6%
Q2 24
-984.4%
Q1 24
-834.2%
-4247.4%
Net Margin
ATEX
ATEX
CGON
CGON
Q4 25
-419.6%
-1779.0%
Q3 25
3449.5%
-2629.5%
Q2 25
1775.7%
Q1 25
662.9%
Q4 24
492.3%
-6973.7%
Q3 24
-823.1%
Q2 24
-1018.0%
Q1 24
-746.9%
-3200.8%
EPS (diluted)
ATEX
ATEX
CGON
CGON
Q4 25
$-0.35
$-0.52
Q3 25
$2.86
$-0.57
Q2 25
$1.35
$-0.54
Q1 25
$0.51
Q4 24
$0.41
$-0.47
Q3 24
$-0.69
Q2 24
$-0.84
Q1 24
$-0.51
$-0.36

Balance Sheet & Financial Strength

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

Metric
ATEX
ATEX
CGON
CGON
Cash + ST InvestmentsLiquidity on hand
$29.5M
$742.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$236.0M
$752.6M
Total Assets
$417.0M
$791.6M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATEX
ATEX
CGON
CGON
Q4 25
$29.5M
$742.2M
Q3 25
$39.1M
$680.3M
Q2 25
$41.4M
$661.1M
Q1 25
$47.4M
Q4 24
$28.8M
$742.0M
Q3 24
$43.1M
Q2 24
$51.7M
Q1 24
$60.6M
$566.5M
Stockholders' Equity
ATEX
ATEX
CGON
CGON
Q4 25
$236.0M
$752.6M
Q3 25
$240.3M
$687.6M
Q2 25
$184.8M
$670.4M
Q1 25
$156.6M
Q4 24
$144.7M
$733.4M
Q3 24
$139.1M
Q2 24
$148.8M
Q1 24
$161.0M
$568.9M
Total Assets
ATEX
ATEX
CGON
CGON
Q4 25
$417.0M
$791.6M
Q3 25
$420.4M
$729.9M
Q2 25
$359.6M
$701.4M
Q1 25
$333.1M
Q4 24
$326.7M
$754.8M
Q3 24
$317.2M
Q2 24
$321.1M
Q1 24
$324.9M
$579.1M

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
CGON
CGON
Operating Cash FlowLast quarter
$-8.3M
$-36.2M
Free Cash FlowOCF − Capex
$-8.3M
$-36.2M
FCF MarginFCF / Revenue
-526.4%
-1560.0%
Capex IntensityCapex / Revenue
0.6%
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
ATEX
ATEX
CGON
CGON
Q4 25
$-8.3M
$-36.2M
Q3 25
$1.4M
$-38.9M
Q2 25
$-3.1M
$-28.0M
Q1 25
$-16.6M
Q4 24
$-7.7M
$-20.7M
Q3 24
$-2.6M
Q2 24
$-2.4M
Q1 24
$6.1M
$-26.0M
Free Cash Flow
ATEX
ATEX
CGON
CGON
Q4 25
$-8.3M
$-36.2M
Q3 25
$-39.0M
Q2 25
$-28.0M
Q1 25
$-16.6M
Q4 24
$-20.9M
Q3 24
$-2.7M
Q2 24
Q1 24
$6.1M
$-26.0M
FCF Margin
ATEX
ATEX
CGON
CGON
Q4 25
-526.4%
-1560.0%
Q3 25
-2340.4%
Q2 25
Q1 25
-1195.2%
Q4 24
-4577.0%
Q3 24
-173.4%
Q2 24
Q1 24
484.1%
-4919.5%
Capex Intensity
ATEX
ATEX
CGON
CGON
Q4 25
0.6%
0.3%
Q3 25
5.8%
Q2 25
Q1 25
3.3%
Q4 24
0.0%
45.8%
Q3 24
2.6%
Q2 24
0.0%
Q1 24
3.2%
2.3%
Cash Conversion
ATEX
ATEX
CGON
CGON
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.

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