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AXT Inc

Technology US AXTI

106.7USD
-4.15(3.74%)

Last update at 2026-06-03T20:22:00Z

Day Range

103.81115.12
LowHigh

52 Week Range

1.2383.25
LowHigh

Fundamentals

  • Previous Close 110.85
  • Market Cap4166.74M
  • Volume6039589
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-12.86800M
  • Revenue TTM88.33M
  • Revenue Per Share TTM2.01
  • Gross Profit TTM 11.24M
  • Diluted EPS TTM-0.49

Source: TradingView
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Analyst Recommendations

Financials

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -21.54400M -10.65700M -19.03300M 20.93M 17.60M
Minority interest 1.94M 0.17M 1.02M -2.93100M -1.93400M
Net income -21.26000M -11.62400M -17.88100M 15.81M 14.57M
Selling general administrative 24.17M 24.10M 23.37M 25.65M 24.19M
Selling and marketing expenses - - - - -
Gross profit 11.24M 23.84M 13.32M 52.12M 47.41M
Reconciled depreciation 9.11M 8.98M 8.49M 8.12M 7.08M
Ebit - -9.31700M -17.50600M 12.55M 12.90M
Ebitda -20.28700M -0.33800M -8.78400M 22.00M 17.82M
Depreciation and amortization - 8.98M 8.72M 9.44M 4.92M
Non operating income net other - - - 8.37M 4.71M
Operating income -21.97600M -14.80300M -21.56900M 12.55M 12.90M
Other operating expenses 110.30M 114.16M 97.36M 128.56M 124.50M
Interest expense 1.26M 1.34M 1.53M 1.07M 0.21M
Tax provision 1.66M 1.13M -0.09500M 2.19M 1.09M
Interest income - - - - -
Net interest income -1.25700M -1.34000M -1.54400M -1.07100M -0.21300M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 1.66M 1.13M 0.16M 2.19M 1.09M
Total revenue 88.33M 99.36M 75.80M 141.12M 137.39M
Total operating expenses 33.22M 38.64M 34.89M 39.57M 34.52M
Cost of revenue 77.08M 75.53M 62.48M 89.00M 89.98M
Total other income expense net 0.43M 4.15M 2.54M 8.37M 4.71M
Discontinued operations - - - - -
Net income from continuing ops -23.20200M -11.79100M -13.93900M 18.74M 16.51M
Net income applicable to common shares - - - 15.81M 14.57M
Preferred stock and other adjustments - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 433.75M 339.31M 358.70M 370.07M 332.44M
Intangible assets 1.67M 1.71M 1.82M 1.93M 2.11M
Earning assets - - - - -
Other current assets 9.69M 24.72M 12.64M 13.98M 17.25M
Total liab 99.12M 84.41M 89.56M 80.33M 52.21M
Total stockholder equity 273.29M 192.77M 203.99M 221.61M 211.53M
Deferred long term liab - - - - -
Other current liab 14.80M 11.90M 18.26M 17.83M 16.11M
Common stock 0.06M 0.04M 0.04M 0.04M 0.04M
Capital stock 3.59M 3.58M 3.58M 3.58M 3.58M
Retained earnings -64.92400M -43.66400M -32.04000M -14.15900M -29.97000M
Other liab - - - 3.68M 2.45M
Good will - - - - -
Other assets - - - 5.10M 17.94M
Cash 128.37M 22.83M 50.11M 34.95M 36.76M
Cash and equivalents - - - - -
Total current liabilities 90.54M 74.18M 81.56M 75.33M 47.82M
Current deferred revenue - 1.59M 0.30M 0.34M 0.95M
Net debt -62.68800M 26.94M 5.62M 13.45M -20.71200M
Short term debt 62.80M 47.80M 53.38M 47.08M 14.12M
Short long term debt 62.80M 47.26M 52.92M 47.08M 14.12M
Short long term debt total 65.68M 49.78M 55.73M 48.40M 16.05M
Other stockholder equity 339.92M 241.51M 238.45M 235.31M 231.62M
Property plant equipment - - - 161.02M 144.74M
Total current assets 246.56M 158.27M 170.66M 183.54M 160.19M
Long term investments 14.97M 14.07M 12.48M 2.12M 9.58M
Net tangible assets - - - 262.92M 208.00M
Short term investments - 0.00000M 2.14M 9.34M 5.42M
Net receivables 26.85M 25.64M 19.26M 29.25M 34.84M
Long term debt - - - - -
Inventory 81.65M 85.08M 86.50M 89.63M 65.91M
Accounts payable 12.95M 12.36M 9.62M 10.08M 16.65M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - 23.29M 18.32M
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -5.29500M -8.65700M -5.99900M -3.11800M 6.30M
Additional paid in capital - - - - -
Common stock total equity - - - 0.04M 0.04M
Preferred stock total equity - - - 3.53M 3.53M
Retained earnings total equity - - - -14.15900M -29.97000M
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 23.35M 1.65M 2.92M 17.47M 13.49M
Deferred long term asset charges - - - - -
Non current assets total 187.19M 181.04M 188.04M 186.53M 172.26M
Capital lease obligations 2.02M 2.51M 2.81M 1.32M 1.94M
Long term debt total - - - - -
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -0.83700M -4.44500M -4.54400M 3.24M -9.16500M
Change to liabilities - - - -4.34900M -1.03300M
Total cashflows from investing activities -6.83200M -4.44500M -2.60400M -25.22300M -38.81000M
Net borrowings 11.94M -0.56400M 7.89M 35.28M 3.31M
Total cash from financing activities 107.09M -0.53600M 8.61M 38.03M 5.72M
Change to operating activities - - - -2.78700M -11.67700M
Net income -21.26000M -11.79100M -17.88100M 18.74M 16.51M
Change in cash 94.56M -16.30300M 8.77M 4.58M -35.83900M
Begin period cash flow 33.81M 50.11M 41.35M 36.76M 72.60M
End period cash flow 128.37M 33.81M 50.11M 41.35M 36.76M
Total cash from operating activities -12.78300M -12.11200M 3.40M -8.76500M -3.30500M
Issuance of capital stock - - - 0.00000M 0.00000M
Depreciation 9.11M 8.98M 8.72M 8.12M 7.08M
Other cashflows from investing activities -6.83200M 1.33M -0.70800M - -
Dividends paid - - - - -1.07700M
Change to inventory 6.35M -0.73700M 1.07M -31.41200M -12.40100M
Change to account receivables -0.39000M -6.89600M 9.31M 4.54M -9.66100M
Sale purchase of stock - - - 0.52M -1.07700M
Other cashflows from financing activities 107.09M 0.03M 0.71M 55.31M 28.02M
Change to netincome - - - -2.10900M 2.44M
Capital expenditures 6.00M 5.77M 10.47M 28.46M 29.64M
Change receivables - - - 4.54M -9.66100M
Cash flows other operating - - - -2.34900M -6.30700M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - 4.04M -36.39000M
Change in working capital -1.99900M -11.73700M 7.04M -35.18300M -30.17600M
Stock based compensation 3.29M 3.10M 3.54M 4.01M 4.52M
Other non cash items 1.46M -0.92500M 1.43M -4.55300M -3.57500M
Free cash flow -18.77800M -17.88300M -7.07200M -37.23000M -32.95000M

Peer Comparison

Sector: Technology Industry: Semiconductor Equipment & Materials

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AXTI
AXT Inc
-4.15 3.74% 106.70 - 24.21 47.17 16.23 48.97 75.63
ASML
ASML Holding NV ADR
20.99 1.23% 1726.36 48.54 41.49 17.21 23.21 14.06 36.48
ASMLF
ASML Holding NV
37.65 2.22% 1733.07 48.31 41.32 16.88 23.07 14.07 36.51
AMAT
Applied Materials Inc
10.72 2.19% 500.77 40.44 36.23 11.09 14.41 11.04 30.52
ADTTF
Advantest Corporation
- -% 166.88 78.05 44.84 0.12 29.94 19.93 49.55

Reports Covered

Stock Research & News

Profile

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it offers 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

AXT Inc

4281 Technology Drive, Fremont, CA, United States, 94538

Key Executives

Name Title Year Born
Dr. Morris S. Young Ph.D. Co-Founder, CEO & Chairman 1945
Mr. Gary L. Fischer CFO, VP & Corp. Sec. 1952
Dr. Wei Gao Chief Technical Officer NA
Mr. Gary L. Fischer CFO, VP & Corporate Secretary 1952
Mr. Timothy J. Bettles Vice President of Business Development, Strategic Sales & Marketing NA

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