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Axe Compute (AGPU) Q2 2025 earnings results (second quarter 2025)

10-Q filed Aug 13, 2025

Axe Compute (AGPU) reported revenue of $3K for the second quarter 2025 (Q2 2025), -96% from a year earlier and -98% from the quarter before.

Revenue$3K
Year over year-96%
Quarter over quarter-98%
Operating margin—
Net earnings−$2.1M

Axe Compute, Q2 2025: revenue $3K (-96% year over year), net loss $2.1M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.

Q2 2025AmountQ/QY/Y
Revenue$3K-98%-96%
Operating profit−$2.7M——
Net earnings−$2.1M——
Operating cash flow−$3.3M——

What changed

Revenue was $3K in Q2 2025, down 96% year over year and down 98% from the previous quarter.

Operating costs exceeded revenue by $2.7M, an operating margin of -99174.8%. The fastest-growing cost line was Sales & marketing (+100%). The quarter ended with a net loss of $2.1M, narrower than the previous quarter's $2.4M loss. Non-operating items added $589K, -28% of pre-tax earnings, so the bottom line overstates operating performance.

Operating cash flow was −$3.3M. Non-cash charges added back $33K of depreciation and amortization. Working capital and other items used $1.3M.

Questions

What was Axe Compute's revenue in the second quarter 2025?

Axe Compute (AGPU) reported revenue of $3K for the second quarter 2025 (Q2 2025), -96% from a year earlier and -98% from the quarter before.

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Source: Axe Compute 10-Q on SEC EDGAR.