AN2 Therapeutics, Inc.

NasdaqGS:ANTX Stock Report

Market Cap: US$166.8m

AN2 Therapeutics Past Earnings Performance

Past criteria checks 0/6

AN2 Therapeutics's earnings have been declining at an average annual rate of -1.1%, while the Pharmaceuticals industry saw earnings growing at 10.7% annually.

Key information

-1.08%

Earnings growth rate

53.60%

EPS growth rate

Pharmaceuticals Industry Growth5.95%
Revenue growth raten/a
Return on equity-42.26%
Net Marginn/a
Last Earnings Update31 Mar 2026

Recent past performance updates

No updates

Recent updates

Analysis Article Sep 04

Here's Why We're Watching AN2 Therapeutics' (NASDAQ:ANTX) Cash Burn Situation

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article Nov 21

We're Keeping An Eye On AN2 Therapeutics' (NASDAQ:ANTX) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...
Analysis Article Jul 04

Is AN2 Therapeutics (NASDAQ:ANTX) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Mar 23

Here's Why We're Not Too Worried About AN2 Therapeutics' (NASDAQ:ANTX) Cash Burn Situation

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Dec 05

AN2 Therapeutics (NASDAQ:ANTX) Is In A Good Position To Deliver On Growth Plans

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article Aug 20

AN2 Therapeutics (NASDAQ:ANTX) Is In A Good Position To Deliver On Growth Plans

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article May 09

We Think AN2 Therapeutics (NASDAQ:ANTX) Can Afford To Drive Business Growth

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, biotech and mining...
Analysis Article Feb 03

We're Not Very Worried About AN2 Therapeutics' (NASDAQ:ANTX) Cash Burn Rate

We can readily understand why investors are attracted to unprofitable companies. For example, although Amazon.com made...
Analysis Article Oct 21

We're Hopeful That AN2 Therapeutics (NASDAQ:ANTX) Will Use Its Cash Wisely

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Seeking Alpha Sep 29

AN2 Therapeutics secures $17.8M contract from NIH

AN2 Therapeutics (NASDAQ:ANTX) has secured a contract valued up to $17.8M from the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health, to advance the development of epetraborole for acute systemic melioidosis. The award leverages AN2 Therapeutics expertise and commitment to address urgent unmet global health needs. The work could help address U.S. biothreat pathogen. The base period contract is $4.3M with additional options that, if exercised, will total $17.8M to support preclinical, Phase 1 studies and other activities to enable advancement of epetraborole into a pivotal Phase 2/3 clinical trial for acute systemic melioidosis. AN2 Therapeutics is currently developing epetraborole in an ongoing pivotal Phase 2/3 trial for treatment refractory Mycobacterium avium complex lung disease, the most common form of nontuberculous mycobacterial lung disease.
Analysis Article Jul 01

We Think AN2 Therapeutics (NASDAQ:ANTX) Can Afford To Drive Business Growth

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Revenue & Expenses Breakdown

How AN2 Therapeutics makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:ANTX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 260-351324
31 Dec 250-351325
30 Sep 250-341423
30 Jun 250-371525
31 Mar 250-451434
31 Dec 240-511440
30 Sep 240-611550
30 Jun 240-651556
31 Mar 240-661458
31 Dec 230-651555
30 Sep 230-601549
30 Jun 230-541443
31 Mar 230-491536
31 Dec 220-431330
30 Sep 220-401127
30 Jun 220-38923
31 Mar 220-35621
31 Dec 210-28517
31 Dec 200-1516

Quality Earnings: ANTX is currently unprofitable.

Growing Profit Margin: ANTX is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ANTX is unprofitable, and losses have increased over the past 5 years at a rate of 1.1% per year.

Accelerating Growth: Unable to compare ANTX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ANTX is unprofitable, making it difficult to compare its past year earnings growth to the Pharmaceuticals industry (-4.8%).


Return on Equity

High ROE: ANTX has a negative Return on Equity (-42.26%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/10 16:00
End of Day Share Price 2026/07/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

AN2 Therapeutics, Inc. is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Liisa BaykoEvercore ISI
Joseph SchwartzLeerink Partners LLC