AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
98.89
+2.89 (3.01%)
May 4, 2026, 9:37 AM EDT - Market open
AXT, Inc. Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Jun '21 Jun 30, 2021 | Mar '21 Mar 31, 2021 |
Net Income | -3.84 | -1.67 | -7.67 | -10.02 | 6.12 | -2.89 | -1.2 | -2.05 | 15.41 | -6.42 | -5.35 | -3.67 | 1.5 | 6.73 | 6.55 | 3.97 | 3.63 | 4.5 | 4.62 | 3.77 |
Depreciation & Amortization | 2.32 | 2.31 | 2.26 | 2.22 | 2.24 | 2.3 | 2.25 | 2.19 | 2.3 | 2.18 | 2.13 | 2.12 | 2.07 | 2.06 | 2.01 | 1.98 | 1.99 | 1.82 | 1.67 | 1.6 |
Stock-Based Compensation | 1.28 | 0.74 | 0.63 | 0.65 | -2.34 | 0.82 | 0.72 | 0.81 | -2.71 | 0.89 | 0.91 | 0.92 | 0.75 | 1.04 | 1.14 | 1.09 | 1.09 | 1.64 | 0.98 | 0.82 |
Other Adjustments | -0.03 | -0.53 | 0.36 | -0.26 | -1.77 | -1.08 | 0.3 | -0.85 | -2.93 | -0.34 | 1.02 | -1.03 | -0.65 | -0.48 | -2.06 | -1.09 | 1.63 | -1.05 | -1.11 | -1.09 |
Change in Receivables | 7.31 | -10.89 | 0.32 | 2.87 | 1.63 | -0.16 | -2.29 | -6.08 | -0.29 | 0.85 | 0.76 | 7.98 | 9.94 | -0.47 | -0.02 | -4.92 | 2.06 | -3.04 | -4.79 | -3.89 |
Changes in Inventories | -2.76 | 2.89 | 1.2 | 5.02 | -1.87 | 2.18 | -0.33 | -0.72 | 2.09 | 0.21 | 0.24 | -1.47 | 1.25 | -17.07 | -13 | -2.59 | -4.1 | -1.73 | -3.33 | -3.24 |
Changes in Accounts Payable | 1.9 | -0.46 | 0.01 | -1.3 | -0.01 | 0.74 | 1.48 | 0.82 | 3.21 | 1.82 | -1.84 | -3.35 | -3.88 | -10.46 | 11.12 | -2.3 | 4.99 | -4.69 | 2.52 | 0.75 |
Changes in Accrued Expenses | 2.34 | 0.08 | 0.69 | -2.96 | 1.39 | -0.58 | -0.25 | -0.56 | 1.74 | -0.14 | -0.04 | -1.57 | 5.05 | -0.25 | 2.19 | -4.87 | 3.75 | 1.06 | -4.24 | -4.02 |
Changes in Other Operating Activities | -4.05 | -1.61 | -3.02 | 0.43 | 4.13 | -6.75 | -1.02 | -2.37 | -3.56 | 0.15 | 4.64 | -1.47 | -11.05 | 4.06 | 6.52 | -0.2 | -7.6 | 1.31 | 1.05 | -2.99 |
Operating Cash Flow | 4.29 | -9.15 | -4.58 | -3.35 | 13.37 | -5.42 | 0.84 | -8.81 | 1.43 | -0.79 | 4.3 | -1.53 | 0.54 | -14.84 | 14.44 | -8.91 | 7.43 | -0.17 | -2.26 | -8.31 |
Operating Cash Flow Growth | -67.91% | - | - | - | 835.61% | - | -80.40% | - | 166.60% | - | -70.23% | - | -92.79% | - | - | - | - | - | - | - |
Capital Expenditures | -3.03 | -2.18 | -0.28 | -0.51 | -0.17 | -0.94 | -0.27 | -4.39 | 11.17 | -4.39 | -3.18 | -3.62 | 0.3 | -7.91 | -14.56 | -6.29 | -10.55 | -6.06 | -7.26 | -5.78 |
Purchases of Investments | 0 | 0 | -0.56 | -0.28 | -0.27 | -0.29 | -0.28 | - | 1.92 | -1.92 | - | - | 0 | - | - | - | -2.95 | - | - | - |
Proceeds from Sale of Investments | - | - | - | - | 0 | 1.68 | 0 | 0.48 | 1.33 | 4.52 | 0.41 | 2.9 | 0 | 2.92 | 2.48 | - | 0.24 | 0 | 0 | 0.24 |
Investing Cash Flow | -3.03 | -2.18 | -0.84 | -0.79 | -0.44 | 0.45 | -0.55 | -3.91 | 2.24 | -1.78 | -2.35 | -0.71 | 0.3 | -7.15 | -12.08 | -6.29 | -13.26 | -12.75 | -7.26 | -5.54 |
Short-Term Debt Issued | 15.3 | 18.84 | 10.75 | 13.67 | -41.53 | 15.09 | 13.63 | 12.86 | -42.14 | 13.39 | 10.43 | 18.37 | 10.73 | 18.97 | 12.66 | 10.72 | -5.82 | - | - | - |
Short-Term Debt Repaid | -14.94 | -13.48 | -10.91 | -9.25 | 42.23 | -13.96 | -11.79 | -16.54 | 40.62 | -13.02 | -14.84 | -12.81 | - | -7.03 | 0 | -2.8 | - | -3.1 | - | - |
Net Short-Term Debt Issued (Repaid) | 0.37 | 5.36 | -0.16 | 4.42 | 0.71 | 1.13 | 1.84 | -3.68 | -1.52 | 0.37 | -4.41 | 5.56 | 10.73 | 11.95 | 12.66 | 7.92 | -5.82 | -3.1 | - | - |
Long-Term Debt Issued | 0.29 | 0.42 | 0 | 2.76 | -5.83 | 0 | 0 | 5.83 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Long-Term Debt Repaid | -0.37 | -0.69 | -0.16 | -0.3 | -0.16 | -0.31 | -0.17 | -0.17 | - | - | - | - | - | - | - | - | - | - | - | - |
Net Long-Term Debt Issued (Repaid) | -0.09 | -0.26 | -0.16 | 2.46 | -5.99 | -0.31 | -0.17 | 5.66 | 0 | 0 | - | - | - | - | - | - | - | - | - | - |
Issuance of Common Stock | 95.06 | 0.1 | - | - | 0 | 0 | 0.01 | 0.02 | 0 | 0 | 0 | 0.01 | 0 | 0.37 | 0.15 | - | 0.08 | 0.47 | 0.42 | 0.7 |
Net Common Stock Issued (Repurchased) | 95.06 | 0.1 | - | - | 0 | 0 | 0.01 | 0.02 | 0 | 0 | 0 | 0.01 | 0 | 0.37 | 0.15 | - | 0.08 | 0.47 | 0.42 | 0.7 |
Other Financing Activities | - | - | - | - | - | - | - | - | 0 | 0.2 | 0.31 | 0.2 | 0 | 0.92 | 1.31 | - | -1.6 | -0.68 | 0.19 | 1.91 |
Financing Cash Flow | 95.34 | 5.19 | -0.32 | 6.88 | -5.04 | 0.82 | 1.68 | 2 | 6.37 | 0.57 | -4.1 | 5.77 | 2.76 | 13.24 | 14.12 | 7.92 | -1.35 | 3.86 | 0.61 | 2.61 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 0.56 | 2.24 | 2.66 | 1.62 | -0.77 | 1.34 | 0.02 | 0.2 | 0.77 | 0.42 | -1.85 | 0.02 | 0.94 | 0.63 | -1.04 | 0.01 | 0.34 | -0.11 | 0.49 | -0.17 |
Net Cash Flow | 97.16 | -3.9 | -3.08 | 4.37 | 11.31 | -2.81 | 2 | -10.51 | 10.81 | -1.59 | -4.01 | 3.55 | 4.53 | -8.13 | 15.45 | -7.27 | -6.85 | -9.18 | -8.42 | -11.4 |
Free Cash Flow | 1.26 | -11.33 | -4.86 | -3.86 | 13.2 | -6.36 | 0.57 | -13.2 | 12.6 | -5.18 | 1.12 | -5.15 | 0.84 | -22.75 | -0.12 | -15.2 | -3.12 | -6.23 | -9.52 | -14.09 |
Free Cash Flow Growth | -90.46% | - | - | - | 4.81% | - | -49.11% | - | 1406.76% | - | - | - | - | - | - | - | - | - | - | - |
FCF Margin | 5.46% | -40.52% | -27.01% | -19.92% | 52.59% | -26.90% | 2.05% | -58.17% | 61.66% | -29.82% | 6.04% | -26.54% | 3.12% | -64.66% | -0.30% | -38.33% | -8.26% | -18.02% | -28.21% | -44.93% |
Free Cash Flow Per Share | 0.03 | -0.26 | -0.11 | -0.09 | 0.30 | -0.15 | 0.01 | -0.31 | 0.29 | -0.12 | 0.03 | -0.12 | 0.02 | -0.53 | -0.00 | -0.36 | -0.07 | -0.15 | -0.22 | -0.33 |
Levered Free Cash Flow | -6.55 | 4.21 | -6.47 | 0.99 | -4.64 | -5.16 | 2.02 | -5.14 | 11.81 | -5.62 | -7.55 | -7.14 | 5.8 | -11.87 | 12.49 | -3.18 | -14.38 | -7.57 | -5.21 | -10.26 |
Unlevered Free Cash Flow | -7.7 | -0.59 | -6.43 | -7.44 | -0.57 | -7.4 | -0.23 | -8.9 | 13.13 | -6.79 | -4.72 | -13.97 | -7.27 | -25.32 | -1.15 | -11.09 | -8.1 | -5.8 | -6.32 | -10.71 |
Updated Apr 30, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.