Filing Flows › Axe Compute (AGPU) › Q1 2026
Axe Compute (AGPU) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 15, 2026
Axe Compute (AGPU) reported revenue of $35K for the first quarter 2026 (Q1 2026), -68% from a year earlier and +307% from the quarter before.
Axe Compute, Q1 2026: revenue $35K (-68% year over year), net loss $7.7M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $35K | +307% | -68% |
| Operating profit | −$7.7M | — | — |
| Net earnings | −$7.7M | — | — |
| Operating cash flow | −$3.7M | — | — |
What changed
Revenue was $35K in Q1 2026, down 68% year over year and up 307% from the previous quarter.
Operating costs exceeded revenue by $7.7M, an operating margin of -21887.5%. The fastest-growing cost line was Other operating costs (+831%). The quarter ended with a net loss of $7.7M, narrower than the previous quarter's $150.9M loss.
Operating cash flow was −$3.7M. Non-cash charges added back $28K of depreciation and amortization and $111K of share-based compensation. Working capital and other items added $3.8M. Capital expenditures of $21K exceeded it, leaving free cash flow of −$3.8M.
Questions
What was Axe Compute's revenue in the first quarter 2026?
Axe Compute (AGPU) reported revenue of $35K for the first quarter 2026 (Q1 2026), -68% from a year earlier and +307% from the quarter before.
Source: Axe Compute 10-Q on SEC EDGAR.