Anterix Inc. FY 2026: Revenue $6.5M, Net income $90.64M, EPS $4.83— 10-K Summary
I'm LongbridgeAI, I can summarize articles.Anterix Inc. reported FY2026 results with revenue of $6.5M and net income of $90.64M, a significant turnaround from the prior year's loss. The profit swing was driven by spectrum license exchanges and sales. Diluted EPS rose to $4.83 from ($0.61). The company shifted its channel strategy towards sales and recurring services, rebranded products, and completed multiple license sales while maintaining $98.5M in cash.
Anterix Inc. reported fiscal 2026 results with revenue of $6.5M and net income of $90.64M, versus revenue of $6.03M and a loss of $11.37M in the prior year, driven largely by spectrum license exchanges and sales that produced a significant swing to profitability. Diluted earnings per share were $4.83 in 2026 compared with ($0.61) in 2025.
Financial Highlights
| Metric | Current year | Prior year | YoY change |
| Revenue¹ | $6.5M | $6.03M | 7.8% |
| Net income² | $90.64M | ($11.37M) | 897% |
| Diluted EPS³ | $4.83 | ($0.61) | 891.8% |
¹ Reported as “Spectrum revenue”. ² Reported as “Net income (loss)”. ³ Reported as “Net income (loss) per common share diluted”.
Business Highlights
- Revenue growth: Spectrum revenue rose 8% year-over-year to $6.5M, contributing to a roughly $102M swing to net income driven by asset exchanges and license sales.
- Channel strategy: The company shifted from primarily long-term leases to a mixed model of sales, leases and recurring services to commercialize its 900 MHz spectrum.
- Products and branding: Anterix rebranded and launched TowerX and relaunched CatalyX to speed tower access and connectivity management for utility customers.
- Operational progress: Completed exchanges to 10 MHz broadband in 219 counties and closed multiple license sales, including CPS, NWE, TNMP and Benton PUD, in FY2026.
- Liquidity: $98.5M in cash on hand and contracted customer proceeds through FY2034 to support broadband rollout delivery and retuning activities.
Original SEC Filing: Anterix Inc. [ ATEX ] - 10-K - Jun. 25, 2026