AXT INC financial data

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

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 192 % -12%
Quick Ratio 103 % -8.2%
Debt-to-equity 48.01 % +10.8%
Return On Equity -11 % -1.4%
Return On Assets -6.83 % -1.4%
Operating Margin -22.63 % +12.6%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 46,623,170 shares +4.2%
Common Stock, Shares, Outstanding 46,218,000 shares +3.4%
Entity Public Float 119,813,368 USD +2%
Common Stock, Value, Issued 46,000 USD +2.2%
Weighted Average Number of Shares Outstanding, Basic 43,842,000 shares +1.6%
Weighted Average Number of Shares Outstanding, Diluted 43,842,000 shares +1.6%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 96,029,000 USD +21.4%
Revenue from Contract with Customer, Excluding Assessed Tax 27,955,000 USD +18.2%
Cost of Revenue 79,566,000 USD +12.7%
Research and Development Expense 10,789,000 USD -18.4%
Operating Income (Loss) -24,308,000 USD -99.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -23,750,000 USD -1.8%
Income Tax Expense (Benefit) 1,270,000 USD -0.24%
Net Income (Loss) Attributable to Parent -22,800,000 USD -1.2%
Earnings Per Share, Basic 0 USD/shares -1%
Earnings Per Share, Diluted 0 USD/shares -1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 23,110,000 USD -7.2%
Accounts Receivable, after Allowance for Credit Loss, Current 33,837,000 USD +21%
Inventory, Net 77,656,000 USD -9.8%
Assets, Current 149,755,000 USD -10.8%
Deferred Income Tax Assets, Net 1,418,000 USD -15.7%
Property, Plant and Equipment, Net 159,283,000 USD -4.3%
Operating Lease, Right-of-Use Asset 2,103,000 USD -14.2%
Other Assets, Noncurrent 22,893,000 USD +21.7%
Assets 334,034,000 USD -6.1%
Accounts Payable, Current 10,848,000 USD -15.1%
Employee-related Liabilities, Current 2,511,000 USD +1.2%
Accrued Liabilities, Current 12,502,000 USD +4.7%
Contract with Customer, Liability, Current 506,000 USD +37.9%
Liabilities, Current 84,897,000 USD +7.8%
Operating Lease, Liability, Noncurrent 1,587,000 USD -20.4%
Other Liabilities, Noncurrent 7,094,000 USD -17.5%
Liabilities 93,578,000 USD +4.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -6,660,000 USD -32.2%
Retained Earnings (Accumulated Deficit) -61,376,000 USD -59.1%
Stockholders' Equity Attributable to Parent 179,148,000 USD -10.8%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 202,345,000 USD -10.1%
Liabilities and Equity 334,034,000 USD -6.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -3,346,000 USD +62%
Net Cash Provided by (Used in) Financing Activities 6,882,000 USD +2.4%
Net Cash Provided by (Used in) Investing Activities -786,000 USD +79.9%
Common Stock, Shares Authorized 70,000,000 shares 0%
Common Stock, Shares, Issued 46,218,000 shares +3.4%
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 4,373,000 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 31,210,000 USD -19.5%
Deferred Tax Assets, Valuation Allowance 20,722,000 USD +18.7%
Deferred Tax Assets, Gross 22,237,000 USD +15.6%
Operating Lease, Liability 2,149,000 USD -13.4%
Payments to Acquire Property, Plant, and Equipment 510,000 USD -88.4%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -24,422,000 USD -2.7%
Lessee, Operating Lease, Liability, to be Paid 2,353,000 USD -15.5%
Operating Lease, Liability, Current 562,000 USD +15.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 676,000 USD +8.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 661,000 USD +8.9%
Operating Lease, Weighted Average Discount Rate, Percent 0.05 pure 0%
Deferred Income Tax Expense (Benefit) -11,000 USD -1.3%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 204,000 USD -32.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 659,000 USD +3.8%
Deferred Tax Assets, Operating Loss Carryforwards 17,220,000 USD +19.9%
Preferred Stock, Shares Issued 883,000 shares 0%
Preferred Stock, Shares Authorized 2,000,000 shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 197,000 USD -68.1%
Operating Lease, Payments 149,000 USD +2.1%
Additional Paid in Capital 243,606,000 USD
Preferred Stock, Shares Outstanding 883,000 shares 0%
Depreciation, Depletion and Amortization 2,223,000 USD +1.4%
Deferred Tax Assets, Net of Valuation Allowance 1,515,000 USD -14.9%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%