Filing Flows › Gaxos.ai (GXAI) › Q1 2025
Gaxos.ai (GXAI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Gaxos.ai (GXAI) reported revenue of $24K for the first quarter 2025 (Q1 2025), up 1,249-fold from a year earlier and up 18-fold from the quarter before.
Gaxos.ai, Q1 2025: revenue $24K (1,249× year over year), net loss $1.2M, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $24K | 18× | 1,249× |
| Operating profit | −$1.4M | — | — |
| Net earnings | −$1.2M | — | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $24K in Q1 2025, up 124805% year over year and up 1720% from the previous quarter. Administrative Services was the largest line at 95% of revenue. In Game Items declined 74%.
Operating costs exceeded revenue by $1.4M, an operating margin of -5864.2%. Total costs grew 36% against revenue growth of 124805%. The fastest-growing cost line was General & admin (+39%). The quarter ended with a net loss of $1.2M, wider than the previous quarter's $838K loss. Minority interests bore $40K of it: to shareholders the quarter was a loss of $1.2M.
Operating cash flow was −$1.3M. Non-cash charges added back $33K of share-based compensation. Working capital and other items used $98K.
Questions
What was Gaxos.ai's revenue in the first quarter 2025?
Gaxos.ai (GXAI) reported revenue of $24K for the first quarter 2025 (Q1 2025), up 1,249-fold from a year earlier and up 18-fold from the quarter before.
Source: Gaxos.ai 10-Q on SEC EDGAR.