AN2 Therapeutics ANTX
NASDAQ ANTX
$5.89 -0.06 (-1.01%)
At close: Sep 4, 2026 · 4:00 PM EDT

AN2 Therapeutics (ANTX) Enterprise Value (2022 - 2026)

AN2 Therapeutics (ANTX) posted quarterly Enterprise Value of -$85.3 million for Q1 2026, down 27.18% year-over-year from -$117.1 million in Q1 2025, and down 47.05% quarter-over-quarter from -$58.0 million in Q4 2025.

Analysis

AN2 Therapeutics (ANTX) Enterprise Value (2022 - 2026) Analysis & Trends

AN2 Therapeutics (ANTX) has reported Enterprise Value for 6 consecutive years, with -$85.3 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Enterprise Value fell 27.18% year-over-year to -$85.3 million; the TTM figure through Mar 2026 stood at -$85.3 million (down 27.18% YoY), while the FY2025 annual figure was -$58.0 million, up 30.64% from the prior year.
  • Enterprise Value retreated to -$85.3 million in Q1 2026 per ANTX's latest filing, from -$58.0 million in the prior quarter.
  • Across five years, Enterprise Value topped out at -$58.0 million in Q4 2025 and bottomed at -$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.
  • Annual changes were most pronounced in 2022 — Enterprise Value sank 64.04% — and 2025, when it jumped 41.29%.
  • AN2 Therapeutics' Enterprise Value stood at -$96.1 million in 2022, then declined by 11.7% to -$107.3 million in 2023, then increased by 22.07% to -$83.6 million in 2024, then soared by 30.64% to -$58.0 million in 2025, then sank by 47.05% to -$85.3 million in 2026.
  • Business Quant data shows ANTX's Enterprise Value at -$85.3 million in Q1 2026, -$58.0 million in Q4 2025, and -$61.9 million in Q3 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Vertex Pharmaceuticals 138.47 Bn 130.62 Bn 2.84 Bn
2 Regeneron Pharmaceuticals 85.18 Bn 77.19 Bn 3.93 Bn
3 Argenx Se 63.38 Bn 58.19 Bn 1.37 Bn
4 Moderna 58.09 Bn 52.95 Bn 52.00 Mn
5 Revolution Medicines 44.33 Bn 44.33 Bn -
6 BeOne Medicines 40.02 Bn 34.92 Bn 1.53 Bn
7 Alnylam Pharmaceuticals 35.57 Bn 32.27 Bn 992.69 Mn
8 Royalty Pharma 28.45 Bn 27.61 Bn -
9 Insmed 27.48 Bn 26.32 Bn 358.27 Mn
10 AN2 Therapeutics 262.30 Mn 262.30 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 97.35 Mn
Mar 31, 2026 37.77 Mn
Dec 31, 2025 -26.75 Mn
Sep 30, 2025 -27.16 Mn
Jun 30, 2025 -33.90 Mn
Mar 31, 2025 -26.08 Mn
Dec 31, 2024 -42.38 Mn
Sep 30, 2024 -61.47 Mn
Jun 30, 2024 -40.44 Mn
Mar 31, 2024 -17.32 Mn
Dec 31, 2023 376.27 Mn
Sep 30, 2023 354.42 Mn
Jun 30, 2023 91.13 Mn
Mar 31, 2023 103.22 Mn
Dec 31, 2022 50.13 Mn
Sep 30, 2022 232.84 Mn
Jun 30, 2022 36.98 Mn
Mar 31, 2022 -70.42 Mn