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Gaxos.ai Inc. — Third Quarter 2026 Earnings Summary

  • Consolidated revenue rose 14.5% sequentially to $2.81 million and surged 464.9% year-over-year to $2.81 million, while net loss per share improved to $0.08 from $0.14 in the prior year period.
  • Advertising and marketing efficiency improved significantly, with revenue per dollar of ad spend increasing 38% to $1.08, reducing ad expense as a percentage of revenue to 93% from 128% in the previous quarter.
  • Cash and short-term investments grew to $13.30 million, bolstered by $3.17 million in net proceeds from warrant exercises, while no shares were issued through the at-the-market offering program.
  • Strategic focus for the remainder of 2026 centers on scaling recurring revenue, improving customer-acquisition efficiency, and maintaining discipline in operating expenditures across core businesses and subsidiaries.
Company
GAXOSAI INC
Sector
Communication Services
Industry
Electronic Gaming & Multimedia