Arxis, Inc. filed its Form 10-Q with the SEC on October 29, 2026, covering the quarterly period ended September 30, 2026, reporting net income of $83,713 thousand for the third quarter and total assets of $8,053,245 thousand.

Key Highlights

  • Revenue of $563,979 thousand for the three months ended September 30, 2026, up from $414,827 thousand in the same period a year earlier, according to the filing.
  • Net income of $83,713 thousand for Q3 2026, compared to a net loss of $10,097 thousand in Q3 2025, as reported in the condensed consolidated statements of operations.
  • Nine-month revenue of $1,523,565 thousand for the period ended September 30, 2026, versus $1,195,350 thousand for the same period in 2025.
  • Total assets reached $8,053,245 thousand as of September 30, 2026, compared to $6,596,434 thousand as of December 31, 2025.
  • Cash and cash equivalents of $493,679 thousand as of September 30, 2026, up from $250,303 thousand at December 31, 2025.
  • Noncurrent debt decreased to $1,718,569 thousand from $2,606,459 thousand at December 31, 2025, as disclosed in the balance sheet.
  • Basic and diluted net income per common share of $0.19 for the six-month period from April 1, 2026 to September 30, 2026, the period during which the company had common stock outstanding.

Arxis, Inc. Q3 2026 Financial Results: Revenue Growth and Return to Profitability

Arxis, Inc. (NASDAQ:ARXS), headquartered at 1332 Blue Hills Avenue, Bloomfield, Connecticut, disclosed its unaudited condensed consolidated financial results for the three and nine months ended September 30, 2026. The company reported third-quarter revenue of $563,979 thousand and gross profit of $306,085 thousand, yielding a gross profit figure that compares to $204,298 thousand in Q3 2025. Operating income for the quarter was $133,428 thousand, versus $92,082 thousand in the prior-year quarter, according to the filing.

For the nine months ended September 30, 2026, the company reported net income of $132,113 thousand, compared to a net loss of $43,677 thousand for the same period in 2025. The filing noted that net income per common share figures for the nine-month period are calculated over the six-month window from April 1, 2026 to September 30, 2026, which "represents the period during which the Company had common stock outstanding," and are linked to shares issued in connection with a reorganization and the company's initial public offering starting April 16, 2026. Weighted-average basic shares outstanding for the nine-month period were 409,073 thousand, and diluted shares were 419,211 thousand.

Total stockholders' and members' equity stood at $5,349,988 thousand as of September 30, 2026, up from $3,124,058 thousand at December 31, 2025. Goodwill increased to $3,206,517 thousand from $2,745,351 thousand, and intangible assets, net, rose to $2,944,584 thousand from $2,429,879 thousand over the same period, reflecting the company's acquisition activity during the year. As of September 30, 2026, shares outstanding included 90,045,099 Class A common shares and 340,676,783 Class B common shares, with no Class C shares outstanding and 1 share of convertible common stock outstanding.

What Was Disclosed

Arxis, Inc. filed a Form 10-Q for the quarterly period ended September 30, 2026, disclosing unaudited condensed consolidated financial statements including a balance sheet, income statement, and equity rollforward, along with management's discussion, risk factors, and other required disclosures.