Axt Inc financial data

Symbol
AXTI on Nasdaq
Location
4281 Technology Dr., Fremont, CA
Fiscal year end
December 31
Latest financial report
10-Q - Q3 2025 - Nov 13, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 192 % -12%
Quick Ratio 103 % -8.19%
Debt-to-equity 48 % +10.8%
Return On Equity -11 % -144%
Return On Assets -6.83 % -137%
Operating Margin -22.6 % +12.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46.6M shares +4.19%
Common Stock, Shares, Outstanding 46.2M shares +3.45%
Entity Public Float 120M USD +2%
Common Stock, Value, Issued 46K USD +2.22%
Weighted Average Number of Shares Outstanding, Basic 43.8M shares +1.59%
Weighted Average Number of Shares Outstanding, Diluted 43.8M shares +1.59%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 96M USD +21.4%
Revenue from Contract with Customer, Excluding Assessed Tax 28M USD +18.2%
Cost of Revenue 79.6M USD +12.7%
Research and Development Expense 10.8M USD -18.5%
Operating Income (Loss) -24.3M USD -99.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -23.8M USD -176%
Income Tax Expense (Benefit) 1.27M USD -0.24%
Net Income (Loss) Attributable to Parent -22.8M USD -124%
Earnings Per Share, Basic 0 USD/shares -104%
Earnings Per Share, Diluted 0 USD/shares -104%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23.1M USD -7.18%
Accounts Receivable, after Allowance for Credit Loss, Current 33.8M USD +21%
Inventory, Net 77.7M USD -9.82%
Assets, Current 150M USD -10.8%
Deferred Income Tax Assets, Net 1.42M USD -15.7%
Property, Plant and Equipment, Net 159M USD -4.31%
Operating Lease, Right-of-Use Asset 2.1M USD -14.2%
Other Assets, Noncurrent 22.9M USD +21.7%
Assets 334M USD -6.06%
Accounts Payable, Current 10.8M USD -15.1%
Employee-related Liabilities, Current 2.51M USD +121%
Accrued Liabilities, Current 12.5M USD +4.7%
Contract with Customer, Liability, Current 506K USD +37.9%
Liabilities, Current 84.9M USD +7.77%
Operating Lease, Liability, Noncurrent 1.59M USD -20.4%
Other Liabilities, Noncurrent 7.09M USD -17.5%
Liabilities 93.6M USD +4.72%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6.66M USD -32.2%
Retained Earnings (Accumulated Deficit) -61.4M USD -59.1%
Stockholders' Equity Attributable to Parent 179M USD -10.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 202M USD -10.1%
Liabilities and Equity 334M USD -6.06%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3.35M USD +62%
Net Cash Provided by (Used in) Financing Activities 6.88M USD +244%
Net Cash Provided by (Used in) Investing Activities -786K USD +79.9%
Common Stock, Shares Authorized 70M shares 0%
Common Stock, Shares, Issued 46.2M shares +3.45%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.37M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 31.2M USD -19.5%
Deferred Tax Assets, Valuation Allowance 20.7M USD +18.7%
Deferred Tax Assets, Gross 22.2M USD +15.6%
Operating Lease, Liability 2.15M USD -13.4%
Payments to Acquire Property, Plant, and Equipment 510K USD -88.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -24.4M USD -269%
Lessee, Operating Lease, Liability, to be Paid 2.35M USD -15.5%
Operating Lease, Liability, Current 562K USD +15.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 676K USD +8.86%
Lessee, Operating Lease, Liability, to be Paid, Year One 661K USD +8.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -11K USD -128%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 204K USD -32.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 659K USD +3.78%
Deferred Tax Assets, Operating Loss Carryforwards 17.2M USD +19.9%
Preferred Stock, Shares Issued 883K shares 0%
Preferred Stock, Shares Authorized 2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 197K USD -68.1%
Operating Lease, Payments 149K USD +2.06%
Additional Paid in Capital 244M USD
Preferred Stock, Shares Outstanding 883K shares 0%
Depreciation, Depletion and Amortization 2.22M USD +1.41%
Deferred Tax Assets, Net of Valuation Allowance 1.52M USD -14.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%