ARXS · Arxis
7 filings
ARXS 8-K Current Reports
Arxis - 7 current reports
ARXS filed 0 annual reports (10-K), 3 quarterly reports (10-Q) and 7 current reports (8-K) between 2026 and 2026.
Arxis 8-K/A Report, Exhibit Filing (Oct 29, 2026)
Arxis, Inc. (ARXS) has filed an amendment to its August 18, 2026, 8-K filing to include the required financial statements and pro forma information related to its acquisition of Omnetics Connector Corporation (Omnetics). The merger, which closed on August 17, 2026, was valued at an enterprise value of $770.0 million, with consideration primarily in Arxis Class A common stock and $8.0 million in escrow. This filing provides the audited financial statements for Omnetics for the year ended December 31, 2025, and unaudited financials for the six months ended June 30, 2026. It also includes unaudited pro forma combined financial statements for Arxis and Omnetics for the nine months ended September 30, 2026, and the full year 2025. Investors should review these financial details to understand the financial impact and performance of the newly combined entity. The pro forma statements indicate that the combined entity generated $1.61 billion in revenue for the nine months ended September 30, 2026, and $1.70 billion for the full year 2025. The acquisition significantly impacts Arxis's financial structure, with Omnetics's assets and liabilities now reflected on its balance sheet, and the creation of substantial goodwill. Investors should carefully analyze these pro forma figures to assess the potential accretion or dilution from the merger.
Arxis 8-K Report, Exhibit Filing (Oct 28, 2026)
Arxis, Inc. (ARXS) has reported strong financial results for the third quarter ended September 30, 2026, significantly exceeding prior-year performance and prompting an increase in full-year 2026 guidance. Revenue surged by 36% year-over-year, driven by 29% organic growth across all key end markets, with particular strength in Industrial Technology. The company also achieved a significant turnaround in profitability, reporting a net income of $84 million compared to a net loss of $10 million in the prior year, and a substantial improvement in Adjusted EBITDA, which grew 67% to $256 million. The company's strategic acquisition of Schatz Bearing and StratEdge in September 2026, following the earlier acquisition of Omnetics Connector Corporation, is contributing to growth. Arxis has raised its full-year 2026 revenue guidance to $2.05 billion - $2.07 billion and Adjusted EBITDA guidance to $855 million - $865 million. Furthermore, Arxis has introduced its 2027 guidance, projecting continued robust revenue growth of 17%-21% and Adjusted EBITDA growth of 17%-23%, indicating confidence in sustained expansion.
Arxis 8-K Report, Acquisition Completed (Aug 18, 2026)
Arxis, Inc. (NASDAQ: ARXS) closed its acquisition of Omnetics Connector Corporation on August 17, 2026, per the 8-K filed August 18, 2026. The deal, first agreed on May 29, 2026, carries an agreed enterprise value of approximately $770.0 million, subject to customary closing adjustments. Consideration consisted of 13,351,964 newly issued shares of Class A common stock (about 3.1% of total common stock as of closing) plus $8.0 million funded into cash escrow accounts. The shares were issued under a Section 4(a)(2) private placement exemption and are subject to lockup provisions, which limits near-term selling pressure from the former Omnetics shareholders. Omnetics is a designer and manufacturer of high-reliability Micro-D-Sub and Nano-D-Sub connectors and interconnect assemblies used in defense, space, commercial aerospace, and medical applications. It will operate within Arxis' Electronic Components segment. Management states that the combined purchase price multiple with the earlier MagCanica acquisition is approximately 12x FY27 estimated adjusted EBITDA, and frames the deal as evidence of the value of its partnership with Arcline Investment Management, which provides sourcing, market mapping, and underwriting capabilities. For investors, the key items are the size of the transaction relative to the company, the dilution from the share issuance, and the execution risk tied to integration and to realizing the projected EBITDA contribution. The filing does not disclose Omnetics' standalone revenue or EBITDA, so the 12x multiple cannot be independently checked from this document. The press release's forward-looking statements explicitly flag the risk that expected benefits may take longer to realize than anticipated, or may not be realized at all.
Arxis 8-K Report, Financial Results (Jul 29, 2026)
Arxis, Inc. (NASDAQ: ARXS) reported unaudited second-quarter 2026 results on July 29, 2026, showing revenue of $501 million, up 25% year-over-year (21% organic), and a small net loss of $(5) million, an improvement from a $(29) million loss a year earlier. Adjusted EBITDA rose 38% to $211 million, with margin expanding 390 basis points to 42.2%. Free cash flow was $127 million, up 261%. Growth was broad-based across Defense & Space, Commercial Aerospace and Industrial Technology, and both segments grew. The net loss was largely attributable to share-based compensation tied to the IPO, which totaled $107 million in the quarter, so investors should look to Adjusted metrics with that in mind. Management raised full-year 2026 guidance to revenue of $1,960–$1,980 million (up about $100 million at midpoint, including acquisitions) and Adjusted EBITDA of $790–$800 million (up about $70 million at midpoint), with Adjusted EBITDA margin of roughly 40.4%. The raise reflects acquisitions completed or pending, including MagCanica (closed June 1), Blue Line Engineering (closed July 29) and Omnetics (expected to close in Q3 2026). Guidance includes only Micro-Tronics, MagCanica and Blue Line, so Omnetics is excluded and would be incremental if completed. The balance sheet strengthened materially after the IPO. Total debt fell to about $1.72 billion from $2.63 billion at year-end 2025, cash rose to $495 million, and net leverage declined to 1.8x from 4.2x at year-end 2025. A term loan repricing is expected to save about $5 million in annualized cash interest. Key considerations include continued acquisition-driven growth, a high reliance on acquisitions for guidance increases, and the large non-GAAP adjustments, including a $13.3 million Tax Receivable Agreement expense, that investors should evaluate alongside GAAP results.
Arxis 8-K Report, Material Agreement (Jun 2, 2026)
On June 2, 2026, Arxis, Inc. (NASDAQ: ARXS) disclosed two acquisitions in its Electronic Components segment. The larger is a definitive Agreement and Plan of Merger signed May 29, 2026 to acquire Omnetics Connector Corporation, a Minnesota maker of high-reliability Micro-D-Sub and Nano-D-Sub connectors used in defense, space, commercial aerospace, and medical applications. Merger consideration is approximately $770 million in Arxis Class A common stock, subject to a share cap, with any value shortfall below a floor payable in cash. An $8 million cash escrow is also included. The deal requires regulatory approval and is expected to close in Q3 2026. The filing says the Merger Agreement is not yet complete and there is no assurance it will close on these terms or at all. Arxis also completed its acquisition of MagCanica Inc., a designer of non-contact, high-precision torque sensors, on June 1, 2026 for cash. The company did not disclose MagCanica's purchase price separately. The combined purchase price for both deals is about $890 million, or 12x FY27 estimated adjusted EBITDA, which implies a relatively high multiple on the Omnetics stock component and an earnings-dependent return that investors will need to verify once financial detail is released. For investors, the key items are dilution and shareholder overhang. Omnetics holders will receive stock that is locked up. The five largest holders will be released in four equal tranches from October 2026 through May 2028, and the registration statement for resale must be filed within 30 days after closing (or by October 1, 2026, if later). The filing does not disclose the share count, the cap level, or the pro forma EBITDA contribution, so these key valuation and dilution inputs remain unquantified in this document.
Arxis 8-K Report, Financial Results (May 28, 2026)
Arxis, Inc. (NASDAQ: ARXS) reported first quarter 2026 results on May 27, 2026, with revenue of $459 million, up 21% year-over-year (17% organic), led by Defense & Space. Net income swung to $53 million (11.6% margin) from a $(4) million loss a year earlier, though the prior-year period carried heavy interest expense of $68 million versus $44 million now and an $18.7 million acquisition-related charge. Adjusted EBITDA rose 31% to $175 million, with margin expanding 290 basis points to 38.2%, which management attributes to higher volumes, pricing, and cost discipline. Free cash flow was $25 million, roughly doubling from $12 million, though operating cash flow was weighed down by a $27.5 million drag from accrued expenses and a $23.3 million increase in receivables. The company completed its IPO on April 17, 2026, raising approximately $1,221 million net, of which about $946 million repaid Term Loan B debt, with the remainder earmarked mainly for acquisitions. Initial full-year 2026 guidance calls for revenue of $1,860 to $1,880 million (18% growth at midpoint, including the Micro-Tronics acquisition closed January 5, 2026) and Adjusted EBITDA of $720 to $730 million (27% growth at midpoint). Investors should note that the Q1 net income figure benefits from lower interest expense following deleveraging, while Adjusted EBITDA excludes D&A, deal costs, and share-based compensation, and the company has not reconciled its full-year Adjusted EBITDA guidance to GAAP. The company is also a portfolio company of Arcline Investment Management, which retains significant influence post-IPO.
Arxis 8-K Report, Material Agreement (Apr 17, 2026)
Arxis, Inc. (ARXS) has officially completed its Initial Public Offering (IPO) on April 17, 2026, raising approximately $1.22 billion in net proceeds. The company underwent a significant reorganization prior to the IPO, consolidating its operating businesses (IPS, Quantic, Connector, and Ovation) under the Arxis, Inc. corporate structure. A substantial portion of the IPO proceeds, around $746 million, has been allocated to repay existing term loan borrowings, with the remainder intended for working capital and general corporate purposes. The IPO also saw the issuance of various classes of common stock and equity awards to existing unit holders and management of the underlying Arxis businesses. Notably, Arcline Investment Management, L.P. and its affiliated funds will retain approximately 99.00% of the total voting power post-IPO. Several material definitive agreements were entered into in connection with the IPO and reorganization, primarily with Arcline and its affiliates, governing aspects such as director nominations, consent rights, registration rights, advisory services, and tax receivable arrangements.