AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
41.84
-1.70 (-3.90%)
At close: Nov 13, 2026, 4:00 PM EST
40.73
-1.11 (-2.65%)
After-hours: Nov 13, 2026, 7:59 PM EST
AXT, Inc. Income Statement
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 | Sep '26 Sep 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 |
| 170.96 | 88.33 | 99.36 | 75.8 | 141.12 | 137.39 | |
Revenue Growth | 89.14% | -11.11% | 31.09% | -46.29% | 2.71% | 44.08% |
Cost of Revenue | 95.7 | 77.08 | 75.53 | 62.48 | 89 | 89.98 |
Gross Profit | 75.27 | 11.24 | 23.84 | 13.32 | 52.12 | 47.41 |
Selling, General & Admin | 28.83 | 24.17 | 24.1 | 22.81 | 25.65 | 24.19 |
Research & Development | 13 | 9.05 | 14.54 | 12.08 | 13.91 | 10.33 |
Operating Expenses | 41.83 | 33.22 | 38.64 | 34.89 | 39.57 | 34.52 |
Operating Income | 33.43 | -21.98 | -14.8 | -21.57 | 12.55 | 12.9 |
Interest Expense | -0.39 | -1.26 | -1.34 | -1.53 | -1.07 | -0.21 |
Interest & Investment Income | 10.72 | - | - | - | - | - |
Earnings From Equity Investments | 1.18 | 0.77 | 3.44 | 1.88 | 5.96 | 4.41 |
Currency Exchange Gain (Loss) | -0.07 | -0.07 | 0.09 | 0.17 | 1.57 | -0.43 |
Other Non Operating Income (Expenses) | 0.19 | 1 | 1.96 | 2.01 | 1.91 | 1.01 |
EBT Excluding Unusual Items | 45.06 | -21.54 | -10.66 | -19.03 | 20.93 | 17.67 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -0.07 |
Pretax Income | 45.06 | -21.54 | -10.66 | -19.03 | 20.93 | 17.6 |
Income Tax Expense | 7.6 | 1.66 | 1.13 | 0.16 | 2.19 | 1.09 |
Earnings From Continuing Operations | 37.46 | -23.2 | -11.79 | -19.19 | 18.74 | 16.51 |
Minority Interest in Earnings | -5.77 | 1.94 | 0.17 | 1.31 | -2.93 | -1.93 |
Net Income | 31.68 | -21.26 | -11.62 | -17.88 | 15.81 | 14.58 |
Preferred Dividends & Other Adjustments | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 | 0.18 |
Net Income to Common | 31.51 | -21.44 | -11.8 | -18.06 | 15.63 | 14.4 |
Net Income Growth | - | - | - | - | 8.58% | 370.37% |
Shares Outstanding (Basic) | 56 | 44 | 43 | 43 | 42 | 41 |
Shares Outstanding (Diluted) | 57 | 44 | 43 | 43 | 43 | 43 |
Shares Change | 31.72% | 1.80% | 1.20% | -0.17% | -0.01% | 4.13% |
EPS (Basic) | 0.56 | -0.49 | -0.27 | -0.42 | 0.37 | 0.35 |
EPS (Diluted) | 0.55 | -0.49 | -0.27 | -0.42 | 0.37 | 0.34 |
EPS Growth | - | - | - | - | 8.82% | 385.71% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 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 |
Free Cash Flow | - | -18.78 | -17.88 | -7.07 | -37.23 | -32.95 |
Free Cash Flow Per Share | - | -0.43 | -0.41 | -0.17 | -0.87 | -0.77 |
Gross Margin | 44.02% | 12.73% | 23.99% | 17.57% | 36.93% | 34.51% |
Operating Margin | 19.55% | -24.88% | -14.90% | -28.46% | 8.90% | 9.39% |
Profit Margin | 18.43% | -24.27% | -11.88% | -23.82% | 11.08% | 10.48% |
Free Cash Flow Margin | - | -21.26% | -18.00% | -9.33% | -26.38% | -23.98% |
EBITDA | 43.27 | -12.87 | -5.82 | -12.85 | 20.67 | 19.98 |
EBITDA Margin | 25.31% | -14.57% | -5.86% | -16.95% | 14.65% | 14.54% |
D&A For EBITDA | 9.84 | 9.11 | 8.98 | 8.72 | 8.12 | 7.08 |
EBIT | 33.43 | -21.98 | -14.8 | -21.57 | 12.55 | 12.9 |
EBIT Margin | 19.55% | -24.88% | -14.90% | -28.46% | 8.90% | 9.39% |
Effective Tax Rate | 16.88% | - | - | - | 10.44% | 6.21% |