AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
61.74
-3.03 (-4.68%)
Sep 14, 2026, 10:24 AM EDT - Market open
AXT, Inc. Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 125.51 | 88.33 | 99.36 | 75.8 | 141.12 | 137.39 |
Revenue Growth | 45.80% | -11.11% | 31.09% | -46.29% | 2.71% | 44.08% |
Gross Profit Gross Profit Growth | 40.39 | 11.24 | 23.84 | 13.32 | 52.12 | 47.41 |
Operating Income Operating Income Growth | 3.88 | -21.98 | -14.8 | -21.57 | 12.55 | 12.9 |
Net Income Net Income Growth | 3.88 | -21.44 | -11.8 | -18.06 | 15.63 | 14.4 |
Earnings Per Share EPS Growth | 0.07 | -0.49 | -0.27 | -0.42 | 0.37 | 0.34 |
EPS Growth | - | - | - | - | 8.82% | 385.71% |
| Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '26 Dec 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 |
Substrates Substrates Growth | 93.37 | 58.9 | 67.75 | 47.47 | 111.09 | 103.03 |
Raw Materials and Other Raw Materials and Other Growth | 32.14 | 29.43 | 31.61 | 28.33 | 30.02 | 34.37 |
Revenue (Total) Revenue (Total) Growth | 125.51 | - | 88.33 | 99.36 | 75.8 | 141.12 |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 417.2 | 120.27 | 22.83 | 39.89 | 44.29 | 42.18 |
Total Debt Total Debt Growth | 101.53 | 70.02 | 49.78 | 55.73 | 48.89 | 16.54 |
Net Cash (Debt) Net Cash Growth | 315.67 | 50.25 | -26.94 | -15.84 | -4.6 | 25.64 |
Net Cash Growth | - | - | - | - | - | -56.98% |
Net Cash Per Share Net Cash Per Share Growth | 6.08 | 1.14 | -0.62 | -0.37 | -0.11 | 0.60 |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | -5.76 | -12.78 | -12.11 | 3.4 | -8.77 | -3.31 |
Capital Expenditures CapEx Growth | -13.8 | -6 | -5.77 | -10.48 | -28.47 | -29.65 |
Free Cash Flow Free Cash Flow Growth | -19.57 | -18.78 | -17.88 | -7.07 | -37.23 | -32.95 |
Free Cash Flow Growth | - | - | - | - | - | - |
| Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 32.18% | 12.73% | 23.99% | 17.57% | 36.93% | 34.51% |
Operating Margin | 3.09% | -24.88% | -14.90% | -28.46% | 8.90% | 9.39% |
Pretax Margin | 7.62% | -24.39% | -10.73% | -25.11% | 14.83% | 12.81% |
Profit Margin | 3.09% | -24.27% | -11.88% | -23.82% | 11.08% | 10.48% |
FCF Margin | -15.59% | -21.26% | -18.00% | -9.33% | -26.38% | -23.98% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 14, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 861.34 | - | - | - | 11.99 | 25.60 |
Forward PE | 38.92 | 53.09 | 53.09 | 17.77 | 16.85 | 22.03 |
PS Ratio | 33.13 | 9.89 | 0.95 | 1.35 | 1.33 | 2.68 |