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Vulcan Infrastructure & Power vs Axe Compute: VIP and AGPU compared
Vulcan Infrastructure & Power is the larger company: $3.4M of revenue in its latest quarter (Q2 2026) against $3.2M for Axe Compute (Q2 2026). Axe Compute is growing faster (1,199× against -74% a year earlier). Vulcan Infrastructure & Power is more profitable, with an operating margin of -284.8% against -539.0%.
Where the money goes: VIP and AGPU
Vulcan Infrastructure & Power (VIP) · Q2 2026
Vulcan Infrastructure & Power, Q2 2026: revenue $3.4M (-74% year over year), operating margin -284.8%, net loss $9.9M, operating cash flow −$4.3M. The chart follows the revenue to costs, profit and cash.
Axe Compute (AGPU) · Q2 2026
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.
| Vulcan Infrastructure & Power (VIP) | Axe Compute (AGPU) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q2 2026 |
| Revenue | $3.4M | $3.2M |
| Revenue growth, Y/Y | -74% | 1,199× |
| Operating margin | -284.8% | -539.0% |
| Net earnings | −$9.9M | −$17.2M |
| Net margin | -292.4% | -535.2% |
| Operating cash flow | −$4.3M | $21.1M |
| Free cash flow | — | $4.0M |
Where the revenue comes from
Vulcan Infrastructure & Power
- Cryptocurrency mining: $1.7M (50%)
- Power and capacity: $1.3M (39%)
- Datacenter hosting: $390K (12%)
Questions
Which is bigger, Vulcan Infrastructure & Power or Axe Compute?
Vulcan Infrastructure & Power is the larger company: $3.4M of revenue in its latest quarter (Q2 2026) against $3.2M for Axe Compute (Q2 2026).
Is Vulcan Infrastructure & Power or Axe Compute growing faster?
Axe Compute is growing faster (1,199× against -74% a year earlier).
Which is more profitable, Vulcan Infrastructure & Power or Axe Compute?
Vulcan Infrastructure & Power is more profitable, with an operating margin of -284.8% against -539.0%.
More: Vulcan Infrastructure & Power earnings · how Vulcan Infrastructure & Power makes money · Axe Compute earnings · how Axe Compute makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 14, 2026; 10-Q filed Aug 14, 2026). Fiscal quarters can end on different dates. Not investment advice.