Arxis debuts on Nasdaq after $1.2B IPO, Q1 revenue up 21% to $459M, margin expands to 51%

Filed May 28, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

• high

  April 2026 IPO raised $1.2 billion net; $946 million used to pay down term loan debt, significantly reducing leverage and future interest expense.

  MD&A: IPO and Reorganization verify on EDGAR →
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  Q1 2026 revenue grew 20.7% YoY to $458.9M; net income swung from $4.3M loss to $53.3M profit; Adjusted EBITDA margin expanded 290 bps to 38.2%.

  MD&A: Q1 2026 Financial Results verify on EDGAR →
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  Gross margin jumped 830 bps to 51.2%, driven by pricing actions, volume leverage, and absence of prior-year $18.2M inventory step-up amortization.

  MD&A: Gross Margin Expansion verify on EDGAR →