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AXT Inc (AXTI)

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SEC name AXT INC · CIK 0001051627 · Nasdaq · Semiconductors & Related Devices

  • Sector Manufacturing
  • Incorporated DE
  • Fiscal year ends Dec 31

For the year ended 2025-12-31, AXT Inc reported revenue of $88.33M. Revenue fell 11.1% from the prior annual period. Over the twelve months to 2026-06-30, revenue was $125.51M.

Key ratios (year ended 2025-12-31)

12.7%
Gross margin
-24.9%
Operating margin
-24.1%
Net margin
-7.2%
Return on year-end equity
-11.1%
Revenue growth (YoY)

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Latest selected filing: Form 4 (ownership change) · 2026-08-19

Annual financials

Annual flows and balances are grouped by their actual period end. Select a figure to open its SEC filing. n/a means a matching observation is unavailable. Free cash flow is operating cash flow minus capital expenditures, and EBITDA is operating income plus depreciation and amortization, for the same period, computed by TickerFacts.

The first column covers the twelve months to 2026-06-30 from the latest quarterly report: flows are the last fiscal year plus this year to date minus the same months a year earlier, and balances are as of that date. Per-share figures are annual only.

Period endedTTM to
2026-06-30		2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-31
Revenue$125.51M$88.33M$99.36M$75.80M$141.12M$137.39M$95.36M$83.26M$102.40M$98.67M$81.35M
Cost of Revenue$85.11M$77.08M$75.53M$62.48M$89.00M$89.98M$65.09M$58.43M$65.35M$64.20M$54.97M
Gross Profit$40.39M$11.24M$23.84M$13.32M$52.12M$47.41M$30.27M$24.82M$37.05M$34.48M$26.38M
R&D Expense$10.07M$9.05M$14.54M$12.08M$13.91M$10.33M$7.13M$5.83M$5.90M$4.83M$5.85M
Operating Income$3.88M-$21.98M-$14.80M-$21.57M$12.55M$12.90M$3.94M-$314.0K$12.15M$12.64M$6.42M
Depreciation & Amortization$9.57M$9.11M$8.98M$8.72M$8.12M$7.08M$4.33M$5.53M$4.87M$4.42M$4.87M
EBITDA$13.45M-$12.87M-$5.82M-$12.85M$20.67M$19.98M$8.27M$5.22M$17.02M$17.06M$11.29M
Net Income$4.05M-$21.26M-$11.62M-$17.88M$15.81M$14.57M$3.24M-$2.60M$9.65M$10.15M$5.64M
EPS (Diluted)n/a-$0.49-$0.27-$0.42$0.37$0.34$0.07-$0.07$0.24$0.26$0.17
Total Assets$1.10B$433.75M$339.31M$358.70M$370.07M$332.44M$298.86M$223.35M$223.52M$211.20M$154.25M
Total Liabilities$145.34M$99.12M$84.41M$89.56M$80.33M$52.21M$43.33M$30.59M$28.99M$22.88M$16.86M
Shareholders' Equity$912.11M$296.57M$216.33M$227.48M$244.90M$229.85M$207.97M$192.76M$194.53M$188.32M$137.39M
Cash & Equivalents$412.17M$120.27M$22.83M$37.75M$34.95M$36.76M$72.60M$26.89M$16.53M$44.35M$36.15M
Operating Cash Flow-$5.76M-$12.78M-$12.11M$3.40M-$8.77M-$3.31M$5.87M$12.66M$3.22M$8.62M$12.50M
Capital Expenditures$13.80M$6.00M$5.77M$10.47M$28.46M$29.64M$19.86M$21.79M$40.54M$21.36M$2.73M
Free Cash Flow-$19.57M-$18.78M-$17.88M-$7.07M-$37.23M-$32.95M-$13.99M-$9.13M-$37.32M-$12.74M$9.78M
Shares Outstanding65.57M55.34M45.36M44.24M43.55M42.89M41.97M40.63M39.98M39.41M33.03M
Weighted Average Diluted Sharesn/a43.93M43.15M42.64M42.72M42.72M41.02M39.49M40.27M38.97M32.89M
EPS (Basic)n/a-$0.49-$0.27-$0.42$0.37$0.35$0.08-$0.07$0.24$0.27$0.17

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