AGPU

MKT CAP:$23M

Axe Compute Inc.

Market Cap

$23M

Technology·Software - Infrastructure·🇺🇸 United States·NASDAQ

Technology·Software Infra·🇺🇸·NASDAQ

Stock Price

$8.75+$1.66 (+23.41%)

Apr 22, 2026

Company Details

Axe Compute Inc., a knowledge and science-driven company, applies artificial intelligence (AI) to support the discovery and development of cancer therapies. It operates through two segments, Pittsburgh and Eagan. The Pittsburgh segment prov...

CEO

Christopher Miglino

IPO Date

May 3, 2010

Website

axecompute.com

Key Metrics TTM

Revenue

$414.6K

-76.6% YoY

Net Income

-$235M

EPS (Diluted)

$13.94

Free Cash Flow

-$12M

Revenue / Share

$0.02

Gross Margin

34.6%

Operating Margin

-7103.3%

Net Margin

-56741.5%

FCF Margin

-2820.8%

P/S

56.1x

P/E

—

Earnings Reports

FY 2025

Mar 31, 2026

$125.3KEPS -$13.37

Q4 2025

Mar 31, 2026

$8.7KEPS $122.73

Q3 2025

Nov 14, 2025

$3.6KEPS -$107.25

Q2 2024

Aug 13, 2024

$67.3K-86.3%EPS -$0.68

Q4 2023

Mar 28, 2024

$335.0K-7.8%EPS -$0.86

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q4 20	$293.8K	$199.7K	-$13M
Q1 21	$280.3K	$182.6K	-$4M
Q2 21	$350.2K	$207.3K	-$3M
Q3 21	$313.7K	$203.5K	-$5M
Q4 21	$476.5K	$340.3K	-$9M
Q1 22	$314.6K	$205.1K	-$3M
Q2 22	$371.6K	$237.5K	-$11M
Q3 22	$455.8K	$347.7K	-$4M
Q4 22	$363.5K	$210.0K	-$8M
Q1 23	$239.9K	$119.8K	-$3M
Q2 23	$490.1K	$330.3K	-$4M
Q3 23	$676.6K	$578.8K	-$3M
Q4 23	$335.0K	$87.1K	-$4M
Q2 24	$67.3K	$53.4K	-$2M
Q3 25	$3.6K	-$4.7K	-$3M
Q4 25	$8.7K	$7.7K	-$20M

Valuation

Quarter	P/S	P/E
Q4 20	150.0x	—
Q1 21	471.3x	—
Q2 21	599.0x	—
Q3 21	1046.1x	—
Q4 21	686.8x	—
Q1 22	719.5x	—
Q2 22	321.0x	—
Q3 22	269.2x	—
Q4 22	289.4x	—
Q1 23	260.6x	—
Q2 23	217.9x	—
Q3 23	109.0x	—
Q4 23	113.5x	—
Q2 24	49.8x	—
Q3 25	151.5x	—
Q4 25	12.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 20	-$2M	-$3M
Q1 21	-$3M	-$4M
Q2 21	-$2M	-$2M
Q3 21	-$3M	-$3M
Q4 21	-$4M	-$4M
Q1 22	-$3M	-$3M
Q2 22	-$3M	-$4M
Q3 22	-$3M	-$3M
Q4 22	-$3M	-$3M
Q1 23	-$3M	-$3M
Q2 23	-$4M	-$4M
Q3 23	-$3M	-$3M
Q4 23	-$3M	-$3M
Q2 24	-$3M	-$3M
Q3 25	-$2M	-$2M
Q4 25	-$4M	-$4M

Capital Expenditures

Quarter	CapEx
Q4 20	$200.7K
Q1 21	$393.1K
Q2 21	$240.7K
Q3 21	$131.5K
Q4 21	$195.9K
Q1 22	$80.2K
Q2 22	$188.2K
Q3 22	$128.3K
Q4 22	$63.6K
Q1 23	$46.6K
Q2 23	$259.1K
Q3 23	$3.9K
Q4 23	$7.3K
Q2 24	$6.5K
Q3 25	$3
Q4 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q4 20	-15.5%	+296.1%
Q1 21	-5.0%	+8.7%
Q2 21	+91.6%	-25.4%
Q3 21	-34.8%	-4.6%
Q4 21	+62.2%	-29.6%
Q1 22	+12.2%	-8.1%
Q2 22	+6.1%	+269.6%
Q3 22	+45.3%	-21.0%
Q4 22	-23.7%	-7.8%
Q1 23	-23.7%	-0.6%
Q2 23	+31.9%	-59.2%
Q3 23	+48.4%	-25.5%
Q4 23	-7.8%	-53.9%
Q2 24	-72.0%	-31.7%
Q3 25	-99.3%	-26.2%
Q4 25	-98.7%	+491.6%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 20	$0	0.0%
Q1 21	$0	0.0%
Q2 21	$0	0.0%
Q3 21	$0	0.0%
Q4 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$39.4K	10.6%
Q3 22	$121.0K	26.5%
Q4 22	$0	0.0%
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$111.3K	16.4%
Q4 23	$95.8K	28.6%
Q2 24	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q4 20	$144.9K	$2M	$66.0K
Q1 21	$93.6K	$3M	$114.6K
Q2 21	$49.7K	$2M	$159.8K
Q3 21	$91.0K	$2M	$172.9K
Q4 21	$81.5K	$4M	$327.2K
Q1 22	$68.2K	$2M	$304.5K
Q2 22	$33.4K	$2M	$271.0K
Q3 22	$15.2K	$3M	$333.4K
Q4 22	$203.6K	$3M	$450.0K
Q1 23	$38.8K	$2M	$370.2K
Q2 23	$29.4K	$2M	$429.1K
Q3 23	$20.7K	$2M	$334.4K
Q4 23	—	$2M	$375.5K
Q2 24	—	$2M	$134.2K
Q3 25	$528.6K	$3M	$133.5K
Q4 25	$598.5K	$20M	$161

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q4 20	-15.5%	-802.0%	-817.4
Q1 21	-5.0%	-1232.8%	-1237.7
Q2 21	91.6%	-648.5%	-556.9
Q3 21	-34.8%	-751.9%	-786.6
Q4 21	62.2%	-849.1%	-786.9
Q1 22	12.2%	-982.4%	-970.2
Q2 22	6.1%	-798.9%	-792.7
Q3 22	45.3%	-833.6%	-788.3
Q4 22	-23.7%	-1126.9%	-1150.6
Q1 23	-23.7%	-1345.2%	-1369.0
Q2 23	31.9%	-737.8%	-705.9
Q3 23	48.4%	-380.7%	-332.3
Q4 23	-7.8%	-999.2%	-1007.0
Q2 24	-72.0%	-3433.7%	-3505.7
Q3 25	-99.3%	-2145221.8%	-2145321.1
Q4 25	-98.7%	-230813.1%	-230911.8

Rule of 40

Revenue Segments

Quarter	Helomics Segment	Skyline	Soluble	Z PREDICTA	Pittsburgh
Q4 20	$30.3K	$260.6K	—	—	—
Q1 21	$2.0K	$264.3K	$14.1K	—	—
Q2 21	$7.2K	$306.1K	$34.9K	—	—
Q3 21	$2.2K	$282.7K	$27.7K	—	—
Q4 21	$2.1K	$316.7K	$156.7K	—	—
Q1 22	$3.6K	$279.3K	$12.9K	$18.3K	—
Q2 22	$84	$276.9K	$22.2K	$71.9K	—
Q3 22	$1.8K	$253.8K	$29.4K	$170.8K	—
Q4 22	$854	$253.6K	$17.7K	$91.3K	—
Q2 24	—	—	—	—	$67.3K

Revenue by Geography

Quarter

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 22	$25M	$0	$25M
Q2 22	$28M	$0	$28M
Q3 22	$25M	$0	$25M
Q4 22	$22M	$0	$22M
Q1 23	$19M	$0	$19M
Q2 23	$15M	$0	$15M
Q3 23	$12M	$0	$12M
Q4 23	$9M	$0	$9M
Q1 24	$5M	$0	$5M
Q2 24	$5M	$0	$5M
Q3 24	$3M	$0	$3M
Q4 24	$734.7K	$0	$734.7K
Q1 25	$3M	$0	$3M
Q2 25	$506.1K	$0	$506.1K
Q3 25	$181.7K	$0	$181.7K
Q4 25	$11M	$0	$11M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q4 20	900K	+19.7%	+381.4%
Q1 21	2M	+102.9%	+650.3%
Q2 21	3M	+41.3%	+424.3%
Q3 21	3M	+26.8%	+335.3%
Q4 21	3M	+0.4%	+265.1%
Q1 22	3M	+0.2%	+80.3%
Q2 22	4M	+9.1%	+39.2%
Q3 22	4M	+9.2%	+19.8%
Q4 22	4M	+0.4%	+19.9%
Q1 23	4M	+0.8%	+20.5%
Q2 23	4M	+0.7%	+11.3%
Q3 23	4M	+0.9%	+2.9%
Q4 23	4M	+0.8%	+3.2%
Q2 24	5M	+14.8%	+17.6%
Q3 25	724K	-84.5%	-81.9%
Q4 25	17M	+2307.4%	+332.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q4 20	$13.4K	22
Q1 21	$12.7K	22
Q2 21	$15.9K	22
Q3 21	$14.3K	22
Q4 21	$15.9K	30
Q1 22	$10.5K	30
Q2 22	$12.4K	30
Q3 22	$15.2K	30
Q4 22	$11.7K	31
Q1 23	$7.7K	31
Q2 23	$15.8K	31
Q3 23	$21.8K	31
Q4 23	$9.9K	34
Q2 24	$2.0K	34
Q3 25	$157	23
Q4 25	$667	13

Revenue / Employee