AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
48.20
-6.86 (-12.46%)
At close: Nov 2, 2026, 4:00 PM EST
48.42
+0.22 (0.46%)
After-hours: Nov 2, 2026, 7:59 PM EST
AXT, Inc. Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 73.41 | 47.59 | 26.92 | 23.04 | 27.96 | 17.97 | 19.36 | 25.11 | 23.65 | 27.92 | 22.69 | 20.43 | 17.37 | 18.6 | 19.41 | 26.8 | 35.18 | 39.49 | 39.65 | 37.73 |
Revenue Growth | 162.60% | 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% |
Gross Profit Gross Profit Growth | 41.1 | 21.37 | 7.98 | 4.83 | 6.22 | 1.43 | -1.24 | 4.41 | 5.68 | 7.65 | 6.09 | 4.63 | 1.87 | 1.72 | 5.11 | 8.6 | 14.78 | 15.44 | 13.31 | 12.14 |
Operating Income Operating Income Growth | 28.43 | 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 | -1 | 4.57 | 5.29 | 3.7 | 3.03 |
Net Income Net Income Growth | 25.72 | 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 | -3.39 | 1.3 | 5.72 | 5.5 | 3.12 | 2.92 |
Earnings Per Share EPS Growth | 0.39 | 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 | -0.08 | 0.03 | 0.13 | 0.13 | 0.07 | 0.07 |
EPS Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -57.12% | 44.44% | 30.00% | -12.50% | 78.06% |
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Substrates Substrates Growth | 37.56 | 19.28 | 15.27 | 21.26 | 11.29 | 11.08 | 16.09 | 15.01 | 19.75 | 16.9 | 12.57 | 10.39 | 11.03 | 13.49 | 20.79 | 26.86 | 31.69 | 31.75 | 28.59 | 26.16 |
Raw Materials and Other Raw Materials and Other Growth | 10.03 | 7.64 | 7.77 | 6.7 | 6.68 | 8.27 | 9.01 | 8.64 | 8.18 | 5.79 | 7.86 | 6.98 | 7.57 | 5.92 | 6 | 8.32 | 7.79 | 7.91 | 9.14 | 8.42 |
Revenue (Total) Revenue (Total) Growth | 47.59 | 26.92 | 23.04 | 27.96 | 17.97 | 19.36 | 25.11 | 23.65 | 27.92 | 22.69 | 20.43 | 17.37 | 18.6 | 19.41 | 26.8 | 35.18 | 39.49 | 39.65 | 37.73 | 34.58 |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 512.74 | 417.2 | 107.14 | 120.27 | 23.11 | 27.01 | 31.58 | 22.83 | 24.9 | 29.48 | 27.46 | 39.89 | 32.79 | 37.18 | 42.45 | 44.29 | 40.13 | 45.51 | 34.89 | 42.18 |
Total Debt Total Debt Growth | 116.61 | 101.53 | 77.57 | 70.02 | 68.7 | 63.19 | 62.81 | 49.78 | 62.93 | 59.98 | 51.72 | 55.73 | 48.66 | 47.11 | 54.51 | 48.89 | 44.88 | 35.07 | 22.5 | 16.54 |
Net Cash (Debt) Net Cash Growth | 396.13 | 315.67 | 29.57 | 50.25 | -45.59 | -36.19 | -31.22 | -26.94 | -38.04 | -30.5 | -24.26 | -15.84 | -15.86 | -9.93 | -12.06 | -4.6 | -4.75 | 10.45 | 12.39 | 25.64 |
Net Cash Growth | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -75.35% | -74.38% | -56.98% |
Net Cash Per Share Net Cash Per Share Growth | 6.01 | 4.97 | 0.55 | 1.12 | -1.04 | -0.83 | -0.72 | -0.62 | -0.88 | -0.71 | -0.56 | -0.37 | -0.37 | -0.23 | -0.28 | -0.11 | -0.11 | 0.25 | 0.29 | 0.60 |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | - | 10.78 | -11.68 | 4.29 | -9.15 | -4.58 | -3.35 | 1.27 | -5.42 | 0.84 | -8.81 | 1.43 | -0.79 | 4.3 | -1.53 | 0.54 | -14.84 | 14.44 | -8.91 | 7.43 |
Capital Expenditures CapEx Growth | - | -7.23 | -1.37 | -3.03 | -2.18 | -0.28 | -0.51 | -0.17 | -0.94 | -0.27 | -4.39 | 0.7 | -4.39 | -3.18 | -3.62 | 0.3 | -7.91 | -14.56 | -6.29 | -10.55 |
Free Cash Flow Free Cash Flow Growth | - | 3.56 | -13.06 | 1.26 | -11.33 | -4.86 | -3.86 | 1.1 | -6.36 | 0.57 | -13.2 | 2.13 | -5.18 | 1.12 | -5.15 | 0.84 | -22.75 | -0.12 | -15.2 | -3.12 |
Free Cash Flow Growth | - | - | - | 14.14% | - | - | - | -48.27% | - | -49.11% | - | 155.02% | - | - | - | - | - | - | - | - |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 55.98% | 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% |
Operating Margin | 38.72% | 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% |
Pretax Margin | 46.75% | 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% |
Profit Margin | 35.04% | 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% |
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% |
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 157.51 | 1186.43 | - | - | - | - | - | - | - | - | - | - | - | - | - | 11.99 | 16.42 | 16.12 | 20.90 | 25.60 |
Forward PE | 48.40 | 160.36 | 53.09 | 53.09 | 53.09 | 53.09 | 53.09 | 53.09 | 17.77 | 17.77 | 17.77 | 17.77 | 17.77 | 17.77 | 17.77 | 16.85 | 10.54 | 12.82 | 15.69 | 22.03 |
PS Ratio | 29.07 | 36.65 | 31.98 | 9.89 | 2.20 | 1.07 | 0.65 | 0.95 | 1.11 | 1.65 | 2.50 | 1.35 | 1.25 | 1.47 | 1.40 | 1.33 | 1.86 | 1.63 | 2.03 | 2.68 |