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AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
56.95
+0.84 (1.50%)
At close: Sep 2, 2026, 4:00 PM EDT
56.97
+0.02 (0.04%)
After-hours: Sep 2, 2026, 7:07 PM EDT

AXT, Inc. Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '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 (YoY)
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%
Cost of Revenue
26.2218.9518.2221.7316.5420.620.717.9620.2716.5915.815.516.8814.318.220.424.0526.3525.5923.08
Gross Profit
21.377.984.836.221.43-1.244.415.687.656.094.631.871.725.118.614.7815.4413.3112.1411.5
Selling, General & Admin
7.296.556.276.335.655.926.445.655.786.235.375.675.825.955.946.586.696.456.356.48
Research & Development
3.653.012.391.012.533.124.133.443.763.212.822.932.743.63.663.643.453.162.762.63
Operating Expenses
10.949.568.667.358.189.0310.579.099.549.448.198.598.569.559.610.2210.159.619.119.11
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
Interest Expense
---0.39-0.4-0.2-0.27-0.32-0.39-0.28-0.35-0.38-0.38-0.37-0.4-0.4-0.3-0.19-0.18-0.16-0.04
Interest & Investment Income
4.730.1------------------
Earnings From Equity Investments
0.420.350.170.52-0.170.250.941.010.60.89-0.460.370.941.030.652.012.181.130.741.06
Currency Exchange Gain (Loss)
-0.22-0.17-0.12-0.040.050.04-0.010.80.04-0.230.150.01-0.211.030.540.23-0.23-0.25-0.05
Other Non Operating Income (Expenses)
-0.220.250.83-0.13-0.020.310.01-0.270.451.030.670.080.770.51.270.420.060.220.93-0.01
EBT Excluding Unusual Items
15.13-1.06-3.34-1.17-7.1-9.94-5.54-2.26-1.08-1.77-3.51-6.52-5.49-3.521.557.237.574.634.293.36
Gain (Loss) on Sale of Investments
---------------0.06----0.07-
Other Unusual Items
-------------------11
Pretax Income
15.13-1.06-3.34-1.17-7.1-9.94-5.54-2.26-1.08-1.77-3.51-6.52-5.49-3.521.497.237.574.633.224.36
Income Tax Expense
2.10.430.50.50.580.070.110.630.120.270.25-0.1-0.140.15-00.51.030.66-0.41-0.14
Earnings From Continuing Operations
13.03-1.49-3.84-1.67-7.67-10.02-5.66-2.89-1.2-2.05-3.76-6.42-5.35-3.671.56.736.553.973.634.5
Minority Interest in Earnings
-1.9-0.140.29-0.230.671.220.57-0.05-0.32-0.040.140.590.260.32-0.15-0.97-1-0.81-0.67-0.7
Net Income
11.13-1.62-3.55-1.91-7.01-8.8-5.09-2.94-1.52-2.08-3.62-5.82-5.09-3.351.345.765.553.172.973.8
Preferred Dividends & Other Adjustments
0.040.040.050.040.040.040.050.040.040.040.050.040.040.040.050.040.040.040.050.04
Net Income to Common
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
Net Income Growth (YoY)
---------------55.62%52.16%26.75%-7.69%44.63%296.62%
Shares Outstanding (Basic)
6153454444444343434343434342424242424241
Shares Outstanding (Diluted)
6353454444444343434343434342434343434343
Shares Change (YoY)
45.22%22.42%3.08%1.59%1.43%1.32%1.24%1.22%1.19%1.15%0.34%-0.80%0.18%-0.38%-0.10%0.71%-0.51%-0.15%1.68%4.15%
EPS (Basic)
0.18-0.03-0.08-0.04-0.16-0.20-0.12-0.07-0.04-0.05-0.09-0.14-0.12-0.080.030.140.130.070.070.09
EPS (Diluted)
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 (YoY)
---------------57.12%44.44%30.00%-12.50%78.06%350.00%

Additional Metrics

Fiscal Quarter
Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period Ending
Jun '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
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 Per Share
0.06-0.240.03-0.26-0.11-0.090.03-0.150.01-0.310.05-0.120.03-0.120.02-0.53-0.00-0.36-0.07-0.15
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%
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%
Free Cash Flow 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%
EBITDA
12.930.85-1.511.18-4.49-8.05-3.92-1.110.36-1.16-1.26-4.55-4.72-2.321.076.627.35.685.034.22
EBITDA Margin
27.17%3.16%-6.57%4.23%-24.95%-41.60%-15.62%-4.69%1.30%-5.09%-6.18%-26.18%-25.38%-11.95%3.99%18.82%18.49%14.33%13.32%12.21%
D&A For EBITDA
2.512.442.322.312.262.222.242.32.252.192.32.182.132.122.072.062.011.981.991.82
EBIT
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
EBIT Margin
21.90%-5.89%-16.63%-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%
Effective Tax Rate
13.89%--------------6.93%13.56%14.25%--
SEC Filings: 10-K · 10-Q