Filing Flows › Axe Compute (AGPU) › Q1 2025
Axe Compute (AGPU) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Axe Compute (AGPU) reported revenue of $110K for the first quarter 2025 (Q1 2025), up 23-fold from a year earlier and -82% from the quarter before.
Axe Compute, Q1 2025: revenue $110K (23× year over year), net loss $2.4M, operating cash flow −$986K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $110K | -82% | 23× |
| Operating profit | −$2.3M | — | — |
| Net earnings | −$2.4M | — | — |
| Operating cash flow | −$986K | — | — |
What changed
Revenue was $110K in Q1 2025, up 2171% year over year and down 82% from the previous quarter.
Gross margin was 59.1%. Operating costs exceeded revenue by $2.3M, an operating margin of -2073.3%. The quarter ended with a net loss of $2.4M, wider than the previous quarter's $2.2M loss.
Operating cash flow was −$1.0M. Non-cash charges added back $33K of depreciation and amortization. Working capital and other items added $1.4M.
Questions
What was Axe Compute's revenue in the first quarter 2025?
Axe Compute (AGPU) reported revenue of $110K for the first quarter 2025 (Q1 2025), up 23-fold from a year earlier and -82% from the quarter before.
Source: Axe Compute 10-Q on SEC EDGAR.