AXTI
AXT INC
NASDAQ · Technology · Semiconductors · US
$46.04
−10.30%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 171.0M | 88.3M | 99.4M | 75.8M | 141.1M |
| Cost of Revenue | 95.7M | 77.1M | 75.5M | 62.5M | 89.0M |
| Gross Profit | 75.3M | 11.2M | 23.8M | 13.3M | 52.1M |
| Operating Expenses | |||||
| R&D Expense | 13.0M | 9.0M | 14.5M | 12.1M | 13.9M |
| SG&A Expense | 28.8M | 24.2M | 24.1M | 22.8M | 25.7M |
| General & Admin Expense | 8.7M | — | — | — | — |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | — | — | — | — | — |
| Total Operating Expenses | 41.8M | 33.2M | 38.6M | 34.9M | 39.6M |
| Cost and Expenses | 137.5M | 110.3M | 114.2M | 97.4M | 128.6M |
| Operating Income (EBIT) | 33.4M | (22.0M) | (14.8M) | (21.6M) | 12.6M |
| Non-Operating | |||||
| Interest Income | 10.7M | — | — | — | — |
| Interest Expense | 391.0K | 1.3M | 1.3M | 1.5M | 1.1M |
| Net Interest Income | 10.3M | (1.3M) | (1.3M) | (1.5M) | (1.1M) |
| Other Non-Op Income/Expense | 11.6M | 432.0K | 4.1M | 2.5M | 8.4M |
| Non-Operating Income (excl Interest) | (6.8M) | (1.7M) | (5.5M) | (4.1M) | (9.4M) |
| EBT (Pre-Tax Income) | 45.1M | (21.5M) | (10.7M) | (19.0M) | 20.9M |
| Income Tax Expense | 7.6M | 1.7M | 1.1M | 160.0K | 2.2M |
| Bottom Line | |||||
| Net Income | 31.7M | (21.3M) | (11.6M) | (17.9M) | 15.8M |
| Earnings from Cont. Ops | 37.5M | (23.2M) | (11.8M) | (19.2M) | 18.7M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 31.6M | (21.4M) | (11.8M) | (18.1M) | 15.6M |
| Per Share | |||||
| Basic EPS | $0.47 | ($0.49) | ($0.27) | ($0.42) | $0.37 |
| Diluted EPS | $0.46 | ($0.49) | ($0.27) | ($0.42) | $0.37 |
| Revenue Per Share | $2.68 | $2.01 | $2.30 | $1.78 | $3.35 |
| Shares | |||||
| Basic Shares Outstanding | 63.8M | 43.9M | 43.2M | 42.6M | 42.1M |
| Diluted Shares Outstanding | 65.9M | 43.9M | 43.2M | 42.6M | 42.7M |
| Profitability Metrics | |||||
| EBITDA | 47.5M | (11.2M) | (338.0K) | (8.8M) | 30.1M |
| D&A | 7.3M | 9.1M | 9.0M | 8.7M | 8.1M |
| EBIT | 40.2M | (20.3M) | (9.3M) | (17.5M) | 22.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026