Filing Flows › Avax One Technology (AVX) › Q2 2026
Avax One Technology (AVX) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 13, 2026
Avax One Technology (AVX) reported revenue of $2.8M for the second quarter 2026 (Q2 2026), +523% from a year earlier and +12% from the quarter before.
Avax One Technology, Q2 2026: revenue $2.8M (+523% year over year), net loss $35.1M, operating cash flow −$3.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.8M | +12% | +523% |
| Operating profit | −$33.4M | — | — |
| Net earnings | −$35.1M | — | — |
| Operating cash flow | −$3.7M | — | — |
What changed
Revenue was $2.8M in Q2 2026, up 523% year over year and up 12% from the previous quarter. Avalanche Protocol was the largest line at 76% of revenue. Bitcoin Mining added $226K year over year (up 50%), 10% of the total change.
Operating costs exceeded revenue by $33.4M, an operating margin of -1185.0%. Total costs grew 1874% against revenue growth of 523%. The fastest-growing cost line was Other operating costs (+5092%). The quarter ended with a net loss of $35.1M, narrower than the previous quarter's $46.4M loss.
Operating cash flow was −$3.7M. Non-cash charges added back $284K of depreciation and amortization and $303K of share-based compensation. Working capital and other items added $30.8M.
Questions
What was Avax One Technology's revenue in the second quarter 2026?
Avax One Technology (AVX) reported revenue of $2.8M for the second quarter 2026 (Q2 2026), +523% from a year earlier and +12% from the quarter before.