Anterix holds licensed 900 MHz spectrum in the United States and builds private LTE broadband networks for electric utilities and other critical infrastructure operators. Its model centers on spectrum licensing and purpose-built wireless systems that support grid modernization, field workforce connectivity, and secure operational communications. Customers are mainly regulated utilities seeking dedicated, carrier-independent private networks rather than public mobile services.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q2 2025 | 1.4 | — | 25.2 | — |
| Q3 2025 | 1.6 | — | 53.5 | — |
| Q4 2025 | 1.6 | — | -6.6 | -186.5% |
| Q1 2026 | 2 | — | 18.5 | — |
| Q2 2026 | 2 | 38.1% | 0.2 | -99% |
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