AXT INC
AXTINasdaq
$45.86
↑ +0.6%Jul 17 close · end-of-day
Price
1Y↑ +1818.8%
End-of-day closes; the latest point is the live 15-min-delayed price · split & dividend adjusted · chart by TradingView
Key statistics
Market Cap
$2.4B
Enterprise Value
$2.3B
P/E
—
P/S
25.5
P/B
8.9
EV/EBITDA
—
PEG
—
FCF Yield
-1.1%
Dividend Yield
—
Revenue (TTM)
$95.9M
Net Income (TTM)
-$14.1M
Free Cash Flow (TTM)
-$28.0M
Gross Margin
21.3%
Operating Margin
-13.9%
Net Margin
-14.7%
ROE
-5.1%
ROIC
-6.1%
Debt / Equity
0.0
Net Cash
$102.0M
Return 1Y
+1734.4%
Company profile
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide substrates for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging.
- CEO
- Morris S. Young
- Sector
- Manufacturing
- Industry
- Electronic Equipment
- Employees
- 1,400
- Headquarters
- California
- Website
- axt.com
Earnings
AXTI Q1 2026 Earnings
Period ends 2026-03-31
MetricActualYoY
Revenue$26.9M↑ +39.1%
Diluted EPS-$0.03↓ -85.0%
Actuals from SEC filings; YoY vs the year-ago quarter. Analyst estimates & surprise require a data feed (coming soon).
Financial statements
| Line item | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Revenue | $95.4M | $137.4M | $141.1M | $75.8M | $99.4M | $88.3M |
| Gross profit | $30.3M | $47.4M | $52.1M | $13.3M | $23.8M | $11.2M |
| Operating income | $3.9M | $12.9M | $12.6M | -$21.6M | -$14.8M | -$22.0M |
| Net income | $3.2M | $14.6M | $15.8M | -$17.9M | -$11.6M | -$21.3M |
| Diluted EPS | $0.07 | $0.34 | $0.37 | -$0.42 | -$0.27 | -$0.49 |
| Operating cash flow | $5.9M | -$3.3M | -$8.8M | $3.4M | -$12.1M | -$12.8M |
| Free cash flow | -$14.0M | -$33.0M | -$37.2M | -$7.1M | -$17.9M | -$18.8M |
| Gross margin | 31.7% | 34.5% | 36.9% | 17.6% | 24.0% | 12.7% |
| Operating margin | 4.1% | 9.4% | 8.9% | -28.5% | -14.9% | -24.9% |
| Net margin | 3.4% | 10.6% | 11.2% | -23.6% | -11.7% | -24.1% |
| Line item | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $27.9M | $23.6M | $25.1M | $19.4M | $18.0M | $28.0M | $23.0M | $26.9M |
| Gross profit | $7.7M | $5.7M | $4.4M | -$1.2M | $1.4M | $6.2M | $4.8M | $8.0M |
| Operating income | -$1.9M | -$3.4M | -$6.2M | -$10.3M | -$6.7M | -$1.1M | -$3.8M | -$1.6M |
| Net income | -$1.5M | -$2.9M | -$5.1M | -$8.8M | -$7.0M | -$1.9M | -$3.5M | -$1.6M |
| Diluted EPS | -$0.04 | -$0.07 | -$0.11 | -$0.20 | -$0.16 | -$0.04 | -$0.09 | -$0.03 |
| Operating cash flow | $843,000.00 | -$5.4M | $1.3M | -$3.3M | -$4.6M | -$9.2M | $4.3M | -$11.7M |
| Free cash flow | $572,000.00 | -$6.4M | $1.1M | -$3.9M | -$4.9M | -$11.3M | $1.3M | -$13.1M |
| Gross margin | 27.4% | 24.0% | 17.6% | -6.4% | 8.0% | 22.3% | 20.9% | 29.6% |
| Operating margin | -6.8% | -14.4% | -24.6% | -53.1% | -37.5% | -4.0% | -16.6% | -5.9% |
| Net margin | -5.4% | -12.4% | -20.3% | -45.5% | -39.0% | -6.8% | -15.4% | -6.0% |
Company news
Jul 14, 2026
Jul 9, 2026
Jul 8, 2026
Analyst estimates
Coming soonConsensus revenue & EPS estimates and price targets will appear here once a forward-estimates data feed is connected.
Insider transactions
BoughtSoldMonthly insider $ volume · trailing 12 months
| Date | Insider | Type | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| 2026-06-15 | CHANG DAVID C | Sale | 8,333 | $111.17 | $926,392.11 | filing |
| 2026-06-15 | CHEN JESSE | Sale | 6,172 | $115.24 | $711,284.12 | filing |
| 2026-06-12 | CHEN JESSE | Sale | 13,000 | $95.77 | $1.2M | filing |
| 2026-06-12 | YOUNG MORRIS S· CEO | Gift | 1,200 | $0.00 | $0.00 | filing |
| 2026-06-11 | CHEN JESSE | Sale | 9,000 | $88.55 | $796,932.90 | filing |
| 2026-06-10 | CHEN JESSE | Sale | 9,000 | $86.73 | $780,579.90 | filing |
| 2026-06-09 | CHEN JESSE | Sale | 1,500 | $93.30 | $139,950.00 | filing |
| 2026-06-08 | CHEN JESSE | Sale | 6,000 | $94.00 | $564,007.20 | filing |
| 2026-06-04 | CHEN JESSE | Sale | 6,133 | $108.28 | $664,073.88 | filing |
| 2026-06-04 | CHEN JESSE | Award | 754 | — | — | filing |
| 2026-06-04 | LEBLANC LEONARD J | Award | 754 | — | — | filing |
| 2026-06-04 | CHANG DAVID C | Award | 754 | — | — | filing |
| 2026-06-03 | CHEN JESSE | Sale | 4,000 | $111.36 | $445,440.00 | filing |
| 2026-06-02 | YOUNG MORRIS S· CEO | Sale | 123,601 | $113.33 | $14.0M | filing |
| 2026-06-02 | CHEN JESSE | Sale | 2,000 | $111.03 | $222,065.00 | filing |
| 2026-06-02 | YOUNG MORRIS S· CEO | Option exercise | 11,806 | $5.21 | $61,509.26 | filing |
| 2026-06-01 | YOUNG MORRIS S· CEO | Sale | 73,897 | $112.39 | $8.3M | filing |
| 2026-06-01 | YOUNG MORRIS S· CEO | Option exercise | 73,897 | $5.21 | $385,003.37 | filing |
| 2026-06-01 | CHEN JESSE | Sale | 3,200 | $111.56 | $356,996.80 | filing |
| 2026-05-01 | YOUNG MORRIS S· CEO | Gift | 6,500 | $0.00 | $0.00 | filing |
| 2026-05-01 | YOUNG MORRIS S· CEO | Gift | 7,500 | $0.00 | $0.00 | filing |
| 2026-03-13 | FISCHER GARY L· CFO | Sale | 80,776 | $50.64 | $4.1M | filing |
| 2026-03-13 | YOUNG MORRIS S· CEO | Sale | 37,905 | $51.13 | $1.9M | filing |
| 2026-03-13 | CHEN JESSE | Sale | 8,083 | $50.25 | $406,168.33 | filing |
| 2026-03-12 | FISCHER GARY L· CFO | Sale | 8,256 | $50.20 | $414,430.56 | filing |
Showing the latest 25 transactions — full history in the linked SEC filings.
Fundamentals & filings from SEC EDGAR. Prices adjusted for splits & dividends. Not investment advice.