Quarterly ResultAug 12, 2026, 04:11 PM
Gaxos.ai Q2 Revenue Hits Record $2.46M; Marketing Efficiency Improves
AI Summary
Gaxos.ai Inc. reported record consolidated revenue of $2.46 million for Q2 2026, marking a 35.8% sequential increase and a 1,337% year-over-year surge. The company achieved GAAP net income of $241,056, or $0.02 per share, largely due to the sale of its gaming assets. Gaxos significantly improved its marketing efficiency, with revenue per advertising dollar increasing by 20% to $0.78, as revenue growth substantially outpaced advertising expense growth. The company also maintained a strong liquidity position with $11.44 million in cash and short-term investments.
Key Highlights
- Record consolidated revenue of $2.46 million in Q2 2026, up 35.8% sequentially and 1,337% YoY.
- GAAP net income of $241,056, or $0.02 per basic and diluted share, primarily from gaming asset sale.
- Advertising and marketing expense was $3.14 million in Q2 2026, up 13.5% sequentially.
- Revenue generated per advertising dollar improved 20% to $0.78 from $0.65 in Q1.
- Cash and short-term investments totaled $11.44 million as of June 30, 2026.
- Sold gaming assets for 2.2 million shares of Game Foundry AI, valued at $1.76 million.
- 10,744,634 shares of common stock outstanding as of August 12, 2026.
- Generated $1.0 million net proceeds from at-the-market offering program in Q2.
Price Impact
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