Filing Flows › Gaxos.ai (GXAI) › Q1 2026
Gaxos.ai (GXAI) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 14, 2026
Gaxos.ai (GXAI) reported revenue of $1.8M for the first quarter 2026 (Q1 2026), up 76-fold from a year earlier and +46% from the quarter before. Operating margin was -140.8%, net loss $2.5M (136.7% of revenue).
Gaxos.ai, Q1 2026: revenue $1.8M (76× year over year), operating margin -140.8%, net loss $2.5M, operating cash flow −$2.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8M | +46% | 76× |
| Operating profit | −$2.5M | — | — |
| Net earnings | −$2.5M | — | — |
| Operating cash flow | −$2.5M | — | — |
What changed
Revenue was $1.8M in Q1 2026, up 7524% year over year and up 46% from the previous quarter. Administrative Service was the largest line at 69% of revenue. Administrative Service added $1.2M year over year (up 5425%), 69% of the total change.
Operating costs exceeded revenue by $2.5M, an operating margin of -140.8%. Total costs grew 208% against revenue growth of 7524%. The fastest-growing cost line was General & admin (+227%). The quarter ended with a net loss of $2.5M, wider than the previous quarter's $1.1M loss. Minority interests bore $302K of it: to shareholders the quarter was a loss of $2.2M.
Operating cash flow was −$2.5M. Non-cash charges added back $54K of share-based compensation.
Questions
What was Gaxos.ai's revenue in the first quarter 2026?
Gaxos.ai (GXAI) reported revenue of $1.8M for the first quarter 2026 (Q1 2026), up 76-fold from a year earlier and +46% from the quarter before.
Was Gaxos.ai profitable in the first quarter 2026?
Operating loss was $2.5M (-140.8% of revenue) and net loss $2.5M.
Source: Gaxos.ai 10-Q on SEC EDGAR.