Filing Flows › Axe Compute (AGPU) › Q2 2026
Axe Compute (AGPU) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Axe Compute (AGPU) reported revenue of $3.2M for the second quarter 2026 (Q2 2026), up 1,199-fold from a year earlier and up 91-fold from the quarter before. Operating margin was -539.0%, net loss $17.2M (535.2% of revenue).
Axe Compute, Q2 2026: revenue $3.2M (1,199× year over year), operating margin -539.0%, net loss $17.2M, operating cash flow $21.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.2M | 91× | 1,199× |
| Operating profit | −$17.3M | — | — |
| Net earnings | −$17.2M | — | — |
| Operating cash flow | $21.1M | — | — |
| Free cash flow | $4.0M | — | — |
What changed
Revenue was $3.2M in Q2 2026, up 119773% year over year and up 9005% from the previous quarter.
Operating costs exceeded revenue by $17.3M, an operating margin of -539.0%. Total costs grew 672% against revenue growth of 119773%. The fastest-growing cost line was Cost of revenue (+16416%). The quarter ended with a net loss of $17.2M, wider than the previous quarter's $7.7M loss.
Operating cash flow was $21.1M. Non-cash charges added back $26K of depreciation and amortization and $572K of share-based compensation. Working capital and other items added $37.7M. Capital expenditures of $17.1M left free cash flow of $4.0M.
Questions
What was Axe Compute's revenue in the second quarter 2026?
Axe Compute (AGPU) reported revenue of $3.2M for the second quarter 2026 (Q2 2026), up 1,199-fold from a year earlier and up 91-fold from the quarter before.
Was Axe Compute profitable in the second quarter 2026?
Operating loss was $17.3M (-539.0% of revenue) and net loss $17.2M.
Source: Axe Compute 10-Q on SEC EDGAR.