AXT, Inc. (AXTI)
NASDAQ: AXTI · Real-Time Price · USD
36.29
-2.51 (-6.46%)
Mar 6, 2026, 11:47 AM EST - Market open

AXT, Inc. Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
88.3399.3675.8141.12137.39
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Revenue Growth (YoY)
-11.11%31.09%-46.29%2.71%44.08%
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Cost of Revenue
77.0875.5362.488989.98
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Gross Profit
11.2423.8413.3252.1247.41
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Selling, General & Admin
24.1724.122.8125.6524.19
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Research & Development
9.0514.5412.0813.9110.33
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Operating Expenses
33.2238.6434.8939.5734.52
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Operating Income
-21.98-14.8-21.5712.5512.9
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Interest Expense
-1.26-1.34-1.53-1.07-0.21
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Earnings From Equity Investments
0.773.441.885.964.41
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Currency Exchange Gain (Loss)
-0.090.171.57-0.43
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Other Non Operating Income (Expenses)
0.921.962.011.911.01
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EBT Excluding Unusual Items
-21.54-10.66-19.0320.9317.67
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Gain (Loss) on Sale of Investments
-----0.07
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Pretax Income
-21.54-10.66-19.0320.9317.6
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Income Tax Expense
1.661.130.162.191.09
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Earnings From Continuing Operations
-23.2-11.79-19.1918.7416.51
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Minority Interest in Earnings
1.940.171.31-2.93-1.93
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Net Income
-21.26-11.62-17.8815.8114.58
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Preferred Dividends & Other Adjustments
-0.180.180.180.18
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Net Income to Common
-21.26-11.8-18.0615.6314.4
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Net Income Growth
---8.48%350.12%
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Shares Outstanding (Basic)
4443434241
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Shares Outstanding (Diluted)
4443434343
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Shares Change (YoY)
1.80%1.20%-0.17%-0.01%4.13%
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EPS (Basic)
-0.48-0.27-0.420.370.35
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EPS (Diluted)
-0.49-0.27-0.420.370.34
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EPS Growth
---8.82%385.71%
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Free Cash Flow
--17.88-7.07-37.23-32.95
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Free Cash Flow Per Share
--0.41-0.17-0.87-0.77
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Gross Margin
12.73%23.99%17.57%36.93%34.51%
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Operating Margin
-24.88%-14.90%-28.46%8.90%9.39%
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Profit Margin
-24.07%-11.88%-23.82%11.08%10.48%
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Free Cash Flow Margin
--18.00%-9.33%-26.38%-23.98%
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EBITDA
-12.92-5.82-12.8520.6719.98
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EBITDA Margin
-14.63%-5.86%-16.95%14.65%14.54%
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D&A For EBITDA
9.058.988.728.127.08
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EBIT
-21.98-14.8-21.5712.5512.9
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EBIT Margin
-24.88%-14.90%-28.46%8.90%9.39%
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Effective Tax Rate
---10.44%6.21%
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Source: S&P Capital IQ. Standard template. Financial Sources.