AN2 Therapeutics (ANTX) Enterprise Value (2021 - 2026)

AN2 Therapeutics' (ANTX) quarterly Enterprise Value came in at -$85.3 million in Q1 2026, down 27.18% year-on-year from -$117.1 million in Q1 2025, and down 47.05% on a QoQ basis from -$58.0 million in Q4 2025.

AN2 Therapeutics (ANTX) Enterprise Value (2021 - 2026) Analysis & Trends

AN2 Therapeutics (ANTX) has 6 years of Enterprise Value data on file, last reported at -$85.3 million in Q1 2026.

  • On a quarterly basis, Enterprise Value fell 27.18% year-over-year to -$85.3 million in Q1 2026; TTM through Mar 2026 was -$85.3 million, a 27.18% decrease from a year earlier, with the FY2025 full-year figure at -$58.0 million, up 30.64% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$85.3 million, down from -$58.0 million in the prior quarter.
  • Over the last five years, Enterprise Value for ANTX reached as high as -$58.0 million in Q4 2025 and fell as low as -$123.8 million in Q3 2023.
  • Historically, Enterprise Value has averaged -$92.8 million across 5 years, with a median of -$95.2 million in 2023.
  • Across the five-year window, Enterprise Value tumbled 64.04% in 2022 and surged 41.29% in 2025, its largest moves.
  • Year by year, Enterprise Value stood at -$96.1 million in 2022, then retreated by 11.7% to -$107.3 million in 2023, then gained by 22.07% to -$83.6 million in 2024, then surged by 30.64% to -$58.0 million in 2025, then sank by 47.05% to -$85.3 million in 2026.
  • Per Business Quant data, the three most recent Enterprise Value figures were -$85.3 million in Q1 2026, -$58.0 million in Q4 2025, and -$61.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -283.54 Mn
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -61.40 Mn
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn -4.79 Bn
4 NuCana 279.75 Bn 279.75 Bn - -32.26 Mn
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -7.25 Bn
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn -8.75 Bn
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -5.18 Bn
9 Revolution Medicines 37.78 Bn 37.78 Bn - -1.91 Bn
10 AN2 Therapeutics 167.57 Mn 167.57 Mn - -85.29 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -85.29 Mn
Dec 31, 2025 -58.00 Mn
Sep 30, 2025 -61.92 Mn
Jun 30, 2025 -62.90 Mn
Mar 31, 2025 -67.06 Mn
Dec 31, 2024 -83.62 Mn
Sep 30, 2024 -93.42 Mn
Jun 30, 2024 -104.57 Mn
Mar 31, 2024 -114.22 Mn
Dec 31, 2023 -107.30 Mn
Sep 30, 2023 -123.82 Mn
Jun 30, 2023 -95.25 Mn
Mar 31, 2023 -88.52 Mn
Dec 31, 2022 -96.06 Mn
Sep 30, 2022 -104.38 Mn
Jun 30, 2022 -113.37 Mn
Mar 31, 2022 -118.34 Mn
Dec 31, 2021 -58.56 Mn