ACX Technologies Inc. is a privately held infrastructure software company. This portal provides authorized stakeholders with access to financial performance data, governance documentation, and strategic disclosures.
Trailing four quarters of revenue, operating income, and free cash flow. All figures in USD millions. Unaudited quarterly results prepared in accordance with GAAP. Full audited annual results available in the restricted financials vault.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | YoY Δ |
|---|---|---|---|---|---|
| Total Revenue | $814M | $891M | $967M | $1.04B | +67% |
| Government Revenue | $472M | $518M | $561M | $608M | +54% |
| Commercial Revenue | $342M | $373M | $406M | $436M | +89% |
| Gross Margin | 78% | 79% | 81% | 82% | +400bps |
| Operating Income | $122M | $156M | $201M | $247M | +184% |
| Free Cash Flow | $98M | $134M | $178M | $213M | +217% |
| Employees | 4,210 | 4,847 | 5,312 | 5,891 | +71% |
Revenue distribution across platform verticals and client sectors for FY2026 Q1. Government sector remains the dominant revenue driver, with commercial segment accelerating as enterprise adoption scales.
Secure LLM deployments, ontological ingestion, classified inference workloads
Entity resolution, knowledge graph infrastructure, cross-org intelligence sharing
Perimeter defense, threat detection, autonomous security operations
Fleet orchestration, autonomous routing, deployment telemetry
ACX has raised $6.4B in total funding across seven rounds. The company has been cash-flow positive since Q3 2024. Strategic investors include sovereign wealth funds, defense-adjacent family offices, and institutional allocators with multi-decade horizons.
The ACX board comprises operators, technologists, and institutional leaders with combined experience across defense, intelligence, finance, and enterprise software.
Former technical director at [REDACTED]. PhD in Systems Engineering, MIT. Built first ACX prototype on a classified contract in 2018.
Ex-Goldman Sachs, Head of TMT Investment Banking. Led over $40B in technology IPOs and secondary offerings.
Former Deputy Director, NSA. 34 years of service in signals intelligence and cyber operations.
Chief Scientist at DARPA (2016-2022). Pioneer in autonomous systems and adversarial machine learning.
Managing Partner, Sovereign Capital Advisors. Former CIO of Norway's Government Pension Fund Global.
Ex-Google DeepMind. Architect of the AIC inference engine. Published 47 papers in distributed systems and applied ML.
Corporate governance documents and regulatory filings. Access to full financial statements requires NDA execution and authorized stakeholder verification.
"We do not optimize for quarterly cycles. We build for institutional permanence. When we enter the public markets, it will be on terms that reflect the multi-generational nature of the infrastructure we have built."
— Constantine Draven, CEO, ACX Technologies
ACX is evaluating a potential public offering within the 2027–2028 window. The company has retained Goldman Sachs and Morgan Stanley as joint lead bookrunners. No definitive timeline has been established. All public market strategies remain subject to board approval and market conditions.
The company maintains a dual-class share structure with Class B shares carrying 10:1 voting rights, ensuring founder alignment through any potential liquidity event. Existing investors are subject to standard lock-up provisions.
Detailed financial statements, cap table, investor presentations, and board meeting minutes require authorized stakeholder credentials and executed NDA.
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