vs

Side-by-side financial comparison of Anterix Inc. (ATEX) and Laser Photonics Corp (LASE). Click either name above to swap in a different company.

Anterix Inc. is the larger business by last-quarter revenue ($1.6M vs $919.3K, roughly 1.7× Laser Photonics Corp). Anterix Inc. runs the higher net margin — -419.6% vs -506.4%, a 86.8% gap on every dollar of revenue. On growth, Laser Photonics Corp posted the faster year-over-year revenue change (28.3% vs 0.4%). Over the past eight quarters, Anterix Inc.'s revenue compounded faster (11.7% CAGR vs -3.9%).

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.

IPG Photonics Corporation is a manufacturer of fiber lasers. IPG Photonics developed and commercialized optical fiber lasers, which are used in a variety of applications including materials processing, medical applications and telecommunications. IPG has manufacturing facilities in the United States, Germany, Russia and Italy.

ATEX vs LASE — Head-to-Head

Bigger by revenue
ATEX
ATEX
1.7× larger
ATEX
$1.6M
$919.3K
LASE
Growing faster (revenue YoY)
LASE
LASE
+27.8% gap
LASE
28.3%
0.4%
ATEX
Higher net margin
ATEX
ATEX
86.8% more per $
ATEX
-419.6%
-506.4%
LASE
Faster 2-yr revenue CAGR
ATEX
ATEX
Annualised
ATEX
11.7%
-3.9%
LASE

Income Statement — Q3 FY2026 vs Q3 FY2025

Metric
ATEX
ATEX
LASE
LASE
Revenue
$1.6M
$919.3K
Net Profit
$-6.6M
$-4.7M
Gross Margin
-20.1%
Operating Margin
-576.0%
-350.0%
Net Margin
-419.6%
-506.4%
Revenue YoY
0.4%
28.3%
Net Profit YoY
-185.6%
-186.5%
EPS (diluted)
$-0.35
$-0.27

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
LASE
LASE
Q4 25
$1.6M
Q3 25
$1.6M
$919.3K
Q2 25
$1.4M
$2.6M
Q1 25
$1.4M
$2.3M
Q4 24
$1.6M
$1.3M
Q3 24
$1.6M
$716.7K
Q2 24
$1.5M
$623.4K
Q1 24
$1.3M
$743.0K
Net Profit
ATEX
ATEX
LASE
LASE
Q4 25
$-6.6M
Q3 25
$53.5M
$-4.7M
Q2 25
$25.2M
$-1.8M
Q1 25
$9.2M
$-1.7M
Q4 24
$7.7M
$586.4K
Q3 24
$-12.8M
$-1.6M
Q2 24
$-15.5M
$-934.3K
Q1 24
$-9.4M
$-545.7K
Gross Margin
ATEX
ATEX
LASE
LASE
Q4 25
Q3 25
-20.1%
Q2 25
53.5%
Q1 25
49.8%
Q4 24
13.3%
Q3 24
85.0%
Q2 24
50.6%
Q1 24
51.9%
Operating Margin
ATEX
ATEX
LASE
LASE
Q4 25
-576.0%
Q3 25
-350.0%
Q2 25
-37.0%
Q1 25
-68.7%
Q4 24
-255.1%
Q3 24
-846.6%
-238.0%
Q2 24
-984.4%
-149.4%
Q1 24
-834.2%
-73.8%
Net Margin
ATEX
ATEX
LASE
LASE
Q4 25
-419.6%
Q3 25
3449.5%
-506.4%
Q2 25
1775.7%
-68.3%
Q1 25
662.9%
-73.4%
Q4 24
492.3%
45.7%
Q3 24
-823.1%
-226.8%
Q2 24
-1018.0%
-149.9%
Q1 24
-746.9%
-73.4%
EPS (diluted)
ATEX
ATEX
LASE
LASE
Q4 25
$-0.35
Q3 25
$2.86
$-0.27
Q2 25
$1.35
$-0.12
Q1 25
$0.51
$-0.12
Q4 24
$0.41
$0.06
Q3 24
$-0.69
$-0.13
Q2 24
$-0.84
$-0.09
Q1 24
$-0.51
$-0.06

Balance Sheet & Financial Strength

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

Metric
ATEX
ATEX
LASE
LASE
Cash + ST InvestmentsLiquidity on hand
$29.5M
$3.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$236.0M
$4.1M
Total Assets
$417.0M
$17.5M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ATEX
ATEX
LASE
LASE
Q4 25
$29.5M
Q3 25
$39.1M
$3.6M
Q2 25
$41.4M
$78.5K
Q1 25
$47.4M
$179.1K
Q4 24
$28.8M
$533.9K
Q3 24
$43.1M
$2.1M
Q2 24
$51.7M
$2.7M
Q1 24
$60.6M
$5.2M
Stockholders' Equity
ATEX
ATEX
LASE
LASE
Q4 25
$236.0M
Q3 25
$240.3M
$4.1M
Q2 25
$184.8M
$4.3M
Q1 25
$156.6M
$6.8M
Q4 24
$144.7M
$10.2M
Q3 24
$139.1M
$9.7M
Q2 24
$148.8M
$10.3M
Q1 24
$161.0M
$12.4M
Total Assets
ATEX
ATEX
LASE
LASE
Q4 25
$417.0M
Q3 25
$420.4M
$17.5M
Q2 25
$359.6M
$14.9M
Q1 25
$333.1M
$16.0M
Q4 24
$326.7M
$17.2M
Q3 24
$317.2M
$10.6M
Q2 24
$321.1M
$11.1M
Q1 24
$324.9M
$13.6M

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
LASE
LASE
Operating Cash FlowLast quarter
$-8.3M
$763.1K
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
LASE
LASE
Q4 25
$-8.3M
Q3 25
$1.4M
$763.1K
Q2 25
$-3.1M
$-1.0M
Q1 25
$-16.6M
$-1.2M
Q4 24
$-7.7M
$-6.5M
Q3 24
$-2.6M
$632.7K
Q2 24
$-2.4M
$-2.4M
Q1 24
$6.1M
$-866.3K
Free Cash Flow
ATEX
ATEX
LASE
LASE
Q4 25
$-8.3M
Q3 25
Q2 25
Q1 25
$-16.6M
Q4 24
Q3 24
$-2.7M
$589.6K
Q2 24
$-2.4M
Q1 24
$6.1M
$-1.0M
FCF Margin
ATEX
ATEX
LASE
LASE
Q4 25
-526.4%
Q3 25
Q2 25
Q1 25
-1195.2%
Q4 24
Q3 24
-173.4%
82.3%
Q2 24
-388.0%
Q1 24
484.1%
-136.9%
Capex Intensity
ATEX
ATEX
LASE
LASE
Q4 25
0.6%
Q3 25
Q2 25
Q1 25
3.3%
Q4 24
0.0%
Q3 24
2.6%
6.0%
Q2 24
0.0%
5.1%
Q1 24
3.2%
20.3%
Cash Conversion
ATEX
ATEX
LASE
LASE
Q4 25
Q3 25
0.03×
Q2 25
-0.12×
Q1 25
-1.80×
Q4 24
-1.00×
-11.11×
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons