$ARXS
Arxis, Inc.
CIK:0002093536|SEC Filings
Condensed Consolidated Statements of Operations - USD ($) $ in Thousands |
3 Months Ended | 6 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Jun. 30, 2026 |
Jun. 30, 2025 |
Jun. 30, 2026 |
Jun. 30, 2025 |
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| Income Statement [Abstract] | |||||||||||||
| Revenue | $ 500,728 | $ 400,444 | $ 959,586 | $ 780,523 | |||||||||
| Cost of revenue | 238,127 | 202,830 | 462,142 | 419,998 | |||||||||
| Gross profit | 262,601 | 197,614 | 497,444 | 360,525 | |||||||||
| Selling, general and administrative expenses | 193,633 | 80,578 | 281,950 | 149,204 | |||||||||
| Amortization of intangible assets | 36,284 | 34,183 | 72,307 | 68,263 | |||||||||
| Operating income | 32,684 | 82,853 | 143,187 | 143,058 | |||||||||
| Interest expense, net | 39,427 | 57,356 | 83,385 | 125,616 | |||||||||
| Other income, net | (5,329) | (3,589) | (7,796) | (4,818) | |||||||||
| Net income (loss) before income taxes | (1,414) | 29,086 | 67,598 | 22,260 | |||||||||
| Income tax expense | 3,495 | 58,342 | 19,198 | 55,840 | |||||||||
| Net income (loss) | $ (4,909) | $ (29,256) | $ 48,400 | $ (33,580) | |||||||||
| Net loss per common share, basic and diluted | $ (0.01) | $ (0.01) | [1],[2] | ||||||||||
| Net income (loss) per common share, diluted | $ (0.01) | $ (0.01) | [1],[2] | ||||||||||
| Weighted-average common shares outstanding, basic | [3],[4] | 401,813,695 | 401,813,695 | ||||||||||
| Weighted-average common shares outstanding, diluted | [3],[4] | 401,813,695 | 401,813,695 | ||||||||||
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Condensed Consolidated Balance Sheets - USD ($) $ in Thousands |
Jun. 30, 2026 |
Dec. 31, 2025 |
|---|---|---|
| Current assets: | ||
| Cash and cash equivalents | $ 494,693 | $ 250,303 |
| Accounts receivable, net | 273,366 | 216,936 |
| Contract assets | 81,441 | 67,780 |
| Inventories | 337,700 | 315,604 |
| Prepaid expenses and other current assets | 48,123 | 57,058 |
| Total current assets | 1,235,323 | 907,681 |
| Property, plant and equipment, net | 405,485 | 397,929 |
| Intangible assets, net | 2,448,201 | 2,429,879 |
| Goodwill | 2,799,108 | 2,745,351 |
| Operating lease right-of-use assets, net | 64,951 | 64,651 |
| Other assets | 53,584 | 50,943 |
| Total assets | 7,006,652 | 6,596,434 |
| Current liabilities: | ||
| Accounts payable | 67,094 | 56,467 |
| Contract liabilities, current | 23,176 | 30,027 |
| Operating lease liabilities, current | 11,091 | 10,584 |
| Debt, current | 119 | 26,853 |
| Accrued other long term liabilities | 135,502 | 163,230 |
| Total current liabilities | 236,982 | 287,161 |
| Debt, noncurrent | 1,718,018 | 2,606,459 |
| Contract liabilities, noncurrent | 1,270 | 1,414 |
| Operating lease liabilities, noncurrent | 54,142 | 53,798 |
| Deferred tax liabilities | 383,137 | 384,420 |
| Other long-term liabilities | 145,545 | 139,124 |
| Total liabilities | 2,539,094 | 3,472,376 |
| Additional paid-in capital | 4,512,250 | 0 |
| Accumulated deficit | (16,112) | 0 |
| Accumulated other comprehensive income | 1,875 | 0 |
| Treasury stock, at cost | (34,639) | |
| Members' equity | 0 | 3,124,058 |
| Total stockholders and members equity | 4,467,558 | 3,124,058 |
| Total liabilities and stockholders' and members' equity | 7,006,652 | 6,596,434 |
| Class A Common Stock | ||
| Current liabilities: | ||
| Common stock, value | 777 | 0 |
| Class B Common Stock | ||
| Current liabilities: | ||
| Common stock, value | 3,407 | 0 |
| Class C Common Stock | ||
| Current liabilities: | ||
| Common stock, value | 0 | 0 |
| Convertible Common Stock | ||
| Current liabilities: | ||
| Accrued other long term liabilities | 13,277 | |
| Common stock, value | 0 | 0 |
| Preferred stock, value | $ 0 |