Skip to main content
logo
AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
56.95
+0.84 (1.50%)
At close: Sep 2, 2026, 4:00 PM EDT
57.17
+0.22 (0.39%)
After-hours: Sep 2, 2026, 6:17 PM EDT

AXT, Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
47.5926.9223.0427.9617.9719.3625.1123.6527.9222.6920.4317.3718.619.4126.835.1839.4939.6537.7334.58
Revenue Growth
164.77%39.10%-8.22%18.23%-35.63%-14.69%22.89%36.16%50.16%16.92%-23.76%-50.64%-52.91%-51.06%-28.99%1.76%17.05%26.48%39.57%35.76%
Gross Profit
21.377.984.836.221.43-1.244.415.687.656.094.631.871.725.118.614.7815.4413.3112.1411.5
Operating Income
10.42-1.59-3.83-1.12-6.75-10.28-6.17-3.41-1.89-3.35-3.56-6.73-6.85-4.44-14.575.293.73.032.4
Net Income
11.08-1.66-3.59-1.95-7.05-8.84-5.13-2.98-1.56-2.13-3.67-5.87-5.13-3.391.35.725.53.122.923.76
Earnings Per Share
0.17-0.03-0.08-0.04-0.16-0.20-0.12-0.07-0.04-0.05-0.09-0.14-0.12-0.080.030.130.130.070.070.09
EPS Growth
---------------57.12%44.44%30.00%-12.50%78.06%350.00%

Revenue by Geography
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
China
30.8416.5714.0113.1514.4913.4313.8513.8116.9511.5211.0810.3110.298.17.1812.3118.4517.4819.3416.96
Taiwan
2.480.72.249.050.531.223.962.143.424.582.282.491.412.477.067.827.046.865.013.83
Japan
1.461.551.631.850.70.721.571.620.80.991.150.561.41.543.532.672.722.811.563.39
Asia Pacific (Excluding China, Taiwan and Japan)
3.492.180.890.350.430.780.510.80.710.81.090.890.741.091.010.770.661.762.381.95
Europe (Primarily Germany)
9.155.724.033.421.62.12.632.724.693.733.322.413.023.573.914.995.36.396.284.94
North America (Primarily The United States)
0.160.210.240.140.221.112.592.561.361.081.50.711.752.644.126.635.324.363.163.51
Total
47.5926.9223.0427.9617.9719.3625.1123.6527.9222.6920.4317.3718.619.4126.835.1839.4939.6537.7334.58

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
417.2107.14120.2723.1127.0131.5822.8324.929.4827.4639.8932.7937.1842.4544.2940.1345.5134.8942.1849.29
Total Debt
101.5377.5770.0268.763.1962.8149.7862.9359.9851.7255.7348.6647.1154.5148.8944.8835.0722.516.5416.72
Net Cash (Debt)
315.6729.5750.25-45.59-36.19-31.22-26.94-38.04-30.5-24.26-15.84-15.86-9.93-12.06-4.6-4.7510.4512.3925.6432.57
Net Cash Growth
-----------------75.35%-74.38%-56.98%57.52%
Net Cash Per Share
4.970.551.12-1.04-0.83-0.72-0.62-0.88-0.71-0.56-0.37-0.37-0.23-0.28-0.11-0.110.250.290.600.76

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
10.78-11.684.29-9.15-4.58-3.351.27-5.420.84-8.811.43-0.794.3-1.530.54-14.8414.44-8.917.43-0.17
Capital Expenditures
-7.23-1.37-3.03-2.18-0.28-0.51-0.17-0.94-0.27-4.390.7-4.39-3.18-3.620.3-7.91-14.56-6.29-10.55-6.06
Free Cash Flow
3.56-13.061.26-11.33-4.86-3.861.1-6.360.57-13.22.13-5.181.12-5.150.84-22.75-0.12-15.2-3.12-6.23
Free Cash Flow Growth
--14.14%----48.27%--49.11%-155.02%---------

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
44.90%29.63%20.95%22.26%7.97%-6.41%17.56%24.03%27.40%26.86%22.65%10.75%9.22%26.33%32.08%42.02%39.09%33.56%32.17%33.26%
Operating Margin
21.90%-5.89%-16.64%-4.02%-37.53%-53.08%-24.56%-14.41%-6.75%-14.75%-17.43%-38.74%-36.81%-22.86%-3.74%12.98%13.39%9.33%8.04%6.93%
Pretax Margin
31.80%-3.92%-14.49%-4.18%-39.47%-51.36%-22.08%-9.56%-3.86%-7.82%-17.17%-37.52%-29.53%-18.13%5.57%20.55%19.18%11.68%8.54%12.61%
Profit Margin
23.29%-6.18%-15.59%-6.98%-39.23%-45.68%-20.45%-12.61%-5.59%-9.38%-17.95%-33.78%-27.60%-17.48%4.84%16.24%13.93%7.87%7.74%10.86%
FCF Margin
7.48%-48.49%5.46%-40.52%-27.01%-19.92%4.39%-26.90%2.05%-58.17%10.44%-29.82%6.04%-26.54%3.12%-64.66%-0.30%-38.33%-8.26%-18.02%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
1186.43-------------11.9916.4216.1220.9025.6025.65
Forward PE
160.3653.0953.0953.0953.0953.0953.0917.7717.7717.7717.7717.7717.7717.7716.8510.5412.8215.6922.0318.51
PS Ratio
36.6531.989.892.201.070.650.951.111.652.501.351.251.471.401.331.861.632.032.682.73