AXT, Inc. engages in the design, development, manufacture and distribution of compound and single element semiconductor substrates. The company is headquartered in Fremont, California and currently employs 1,341 full-time employees. Its wafer substrates are used when a typical silicon wafer substrate cannot meet the performance requirements of a semiconductor or optoelectronic device. The company has two product lines: specialty material substrates and raw materials integral to these substrates. Its InP is a semiconductor wafer substrate used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes that are often used to backlight wireless handsets and LCD televisions and for automotive, signage, and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
09/30/2025
06/30/2025
03/31/2025
12/31/2024
Revenue
88
23
27
17
19
25
Revenue Growth (YoY)
-11%
-8%
17%
-37%
-14%
25%
Cost of Revenue
77
18
21
16
20
20
Gross Profit
11
4
6
1
-1
4
Selling, General & Admin
24
6
6
5
5
6
Research & Development
9
2
1
2
3
4
Operating Expenses
33
8
7
8
9
10
Other Non Operating Income (Expenses)
0
0
0
0
0
0
Pretax Income
-21
-3
-1
-7
-9
-5
Income Tax Expense
1
0
0
0
0
0
Net Income
-21
-3
-1
-7
-8
-5
Net Income Growth
91%
-40%
-50%
600%
300%
67%
Shares Outstanding (Diluted)
44.62
44.62
43.84
43.71
43.55
43.37
Shares Change (YoY)
3%
3%
2%
1%
1%
1%
EPS (Diluted)
-0.48
-0.08
-0.04
-0.16
-0.2
-0.11
EPS Growth
79%
-32%
-36%
346%
310%
38%
Free Cash Flow
-18
1
-11
-4
-3
1
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
12.5%
17.39%
22.22%
5.88%
-5.26%
16%
Operating Margin
-23.86%
-13.04%
-3.7%
-35.29%
-52.63%
-24%
Profit Margin
-23.86%
-13.04%
-3.7%
-41.17%
-42.1%
-20%
Free Cash Flow Margin
-20.45%
4.34%
-40.74%
-23.52%
-15.78%
4%
EBITDA
-12
-1
1
-4
-8
-4
EBITDA Margin
-13.63%
-4.34%
3.7%
-23.52%
-42.1%
-16%
D&A For EBITDA
9
2
2
2
2
2
EBIT
-21
-3
-1
-6
-10
-6
EBIT Margin
-23.86%
-13.04%
-3.7%
-35.29%
-52.63%
-24%
Effective Tax Rate
-4.76%
0%
0%
0%
0%
0%
Follow-Up Questions
What are AXT Inc's key financial statements?
According to the latest financial statement (Form-10K), AXT Inc has a total asset of $0, Net loss of $0
What are the key financial ratios for AXTI?
AXT Inc's Current ratio is 0, has a Net margin is 0, sales per share of $0.
How is AXT Inc's revenue broken down by segment or geography?
AXT Inc largest revenue segment is Substrates, at a revenue of 58,900,000 in the most earnings release.For geography, China is the primary market for AXT Inc, at a revenue of 55,076,000.
Is AXT Inc profitable?
no, according to the latest financial statements, AXT Inc has a net loss of $0
