Antalpha Platform Holding Co (ANTA) Income Statement
ANTA 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsANTA revenue and net income
Where ANTA's revenue goes
2025Each bar shows an amount and its share of revenue. ANTA kept 23.2% of revenue as net income.
ANTA profit margins
ANTA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +67.9% | — | — | — |
| Gross profit | +99.8% | — | — | — |
| Operating income | +372.0% | — | — | — |
| Net income | +320.9% | — | — | — |
| EPS (diluted) | +178.9% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ANTA quarterly EPS vs estimates
Antalpha Platform beat the analyst EPS estimate in 3 of the last 5 quarters. Next report: November 9, 2026 (estimate $0.09).
ANTA income statement
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Revenue | $79.7M | $47.5M | $11.3M |
| Cost of revenue | $43.9M | $29.5M | $9.4M |
| Gross profit | $35.8M | $17.9M | $1.8M |
| Research & development | $6.3M | $4.9M | $3.1M |
| Sales, general & admin | $26.9M | $9.1M | $6.3M |
| Total operating expenses | $20.8M | $14.7M | $9.5M |
| Operating income | $15.0M | $3.2M | −$7.6M |
| Interest income | $273,377 | $75,966 | $0 |
| Interest expense | $628,710 | $0 | $0 |
| Income before taxes | $26.8M | $5.0M | −$7.9M |
| Income taxes | $2.3M | $566,970 | −$1.3M |
| Net income | $18.5M | $4.4M | −$6.6M |
| EBITDA | $27.8M | $5.7M | −$6.9M |
| EPS (diluted) | $0.53 | $0.19 | −$0.29 |
| Gross margin | 44.9% | 37.8% | 16.2% |
| Operating margin | 18.8% | 6.7% | −67.6% |
| Net margin | 23.2% | 9.3% | −58.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $12.2M | $20.7M | $28.0M | $13.0M | $17.0M | $9.6M | $13.4M | $13.0M | $11.4M | $13.6M | $5.7M |
| Cost of revenue | $6.1M | $11.1M | $15.5M | $6.5M | $10.0M | $6.8M | $7.9M | $7.8M | $7.1M | $7.9M | $4.5M |
| Gross profit | $6.1M | $9.6M | $12.5M | $6.5M | $7.0M | $2.9M | $5.5M | $5.2M | $4.4M | $5.7M | $1.2M |
| Research & development | $1.4M | $2.5M | $1.8M | $1.9M | $1.4M | $1.2M | $1.3M | — | — | — | — |
| Sales, general & admin | $8.1M | $11.9M | $9.2M | $2.6M | $5.7M | $1.7M | $2.8M | $3.7M | $3.0M | $4.1M | $2.6M |
| Total operating expenses | $31.2M | $3.0M | −$89,889 | $5.3M | $7.4M | $2.9M | $4.7M | $4.0M | $3.2M | $6.9M | $2.8M |
| Operating income | −$25.1M | $6.6M | $12.6M | $1.2M | −$465,686 | −$72,153 | $788,272 | $1.2M | $1.1M | −$1.2M | −$1.5M |
| Income before taxes | −$29.6M | $7.9M | $16.3M | $1.6M | $935,901 | $359,453 | $1.6M | $1.6M | $1.4M | $1.9M | −$1.9M |
| Income taxes | $45,556 | −$218,332 | $1.0M | $319,530 | $261,350 | $81,057 | −$34,885 | $319,530 | $201,268 | $428,148 | −$360,435 |
| Net income | −$12.5M | $2.7M | $9.3M | $1.3M | $674,551 | $278,396 | $1.7M | $1.3M | $1.1M | $1.5M | −$1.5M |
| EBITDA | −$29.3M | $7.9M | $16.5M | $1.2M | $1.2M | $314,299 | $1.9M | $2.0M | $1.1M | $1.2M | −$1.3M |
| EPS (diluted) | −$0.47 | $0.23 | $0.03 | $0.28 | $0.13 | $0.09 | — | — | — | — | — |
| Gross margin | 49.9% | 46.3% | 44.7% | 49.9% | 40.9% | 29.7% | 40.8% | 40.2% | 38.2% | 42.3% | 21.7% |
| Operating margin | −205.4% | 32.0% | 45.0% | 9.3% | −2.7% | −0.7% | 5.9% | 9.3% | 9.8% | −8.7% | −26.6% |
| Net margin | −102.7% | 13.0% | 33.3% | 10.0% | 4.0% | 2.9% | 12.5% | 10.0% | 10.1% | 10.7% | −26.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ANTA's financial statements (latest annual report filed April 14, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ANTA financial results
In fiscal year 2025 (ended December 31, 2025), Antalpha Platform reported revenue of $79.7 million, up 67.9% from the year before. It had net income of $18.5 million (up 320.9%), a net profit margin of 23.2%. Diluted earnings per share came to $0.53.
See the ANTA stock overview for the latest quote and news, or the ANTA chart for price history and technical indicators.
ANTA income statement FAQ
What is Antalpha Platform's annual revenue?
Antalpha Platform reported total revenue of $79.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 67.9% from $47.5 million the previous year.
Is Antalpha Platform profitable?
Yes. Antalpha Platform reported net income of $18.5 million in fiscal 2025, a net profit margin of 23.2%; its operating margin was 18.8%.
What is Antalpha Platform's gross margin?
Antalpha Platform's gross margin was 44.9% in fiscal 2025: for every $100 of revenue, Antalpha Platform kept $45 after the direct cost of its products and services.
How much does Antalpha Platform spend on research and development?
Antalpha Platform spent $6.3 million on research and development in fiscal 2025, 7.9% of revenue.
What are Antalpha Platform's earnings per share?
Antalpha Platform earned $0.53 per diluted share in fiscal 2025, compared with $0.19 a year earlier.
When will Antalpha Platform report its next earnings?
Antalpha Platform is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 before the market opens.
When does Antalpha Platform's fiscal year end?
Antalpha Platform's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 14, 2026.