Arxis Q2 FY26 net loss narrows to $(5) million; revenue rises 25% to $501 million year over year
ARXS•Cash flow strengthens
Operating cash flow climbed 188% to $138 million; non-GAAP free cash flow more than doubled to $127 million.
Full-year outlook raised
Raised full-year 2026 outlook to revenue of $1.96 billion-$1.98 billion and adjusted EBITDA of $790 million-$800 million.
Q2 revenue and earnings improve
Arxis posted Q2 2026 revenue of $501 million, up 25% year over year; GAAP net loss narrowed to $5 million from a deeper loss.
GAAP diluted loss per share was $0.01; non-GAAP adjusted EBITDA rose 38% to $211 million, lifting margin 3.8 percentage points to 42.2%.
Acquisitions and financing moves
Closed MagCanica acquisition, completed , and expects deal to close in Q3; term-loan repricing targets annual interest savings.
