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% % 11%
Return On Equity -11% % -144%
Return On Assets -7% % -137%
Operating Margin -23% % 13%

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%
Revenue from Contract with Customer, Excluding Assessed Tax $27,955,000 USD 18%
Cost of Revenue $79,566,000 USD 13%
Research and Development Expense $10,789,000 USD -18%
Operating Income (Loss) $24,308,000 USD -99%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $23,750,000 USD -176%
Income Tax Expense (Benefit) $1,270,000 USD -0.24%
Net Income (Loss) Attributable to Parent $22,800,000 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 $23,110,000 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 -11%
Deferred Income Tax Assets, Net $1,418,000 USD -16%
Property, Plant and Equipment, Net $159,283,000 USD -4.3%
Operating Lease, Right-of-Use Asset $2,103,000 USD -14%
Other Assets, Noncurrent $22,893,000 USD 22%
Assets $334,034,000 USD -6.1%
Accounts Payable, Current $10,848,000 USD -15%
Employee-related Liabilities, Current $2,511,000 USD 121%
Accrued Liabilities, Current $12,502,000 USD 4.7%
Contract with Customer, Liability, Current $506,000 USD 38%
Liabilities, Current $84,897,000 USD 7.8%
Operating Lease, Liability, Noncurrent $1,587,000 USD -20%
Other Liabilities, Noncurrent $7,094,000 USD -17%
Liabilities $93,578,000 USD 4.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax $6,660,000 USD -32%
Retained Earnings (Accumulated Deficit) $61,376,000 USD -59%
Stockholders' Equity Attributable to Parent $179,148,000 USD -11%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $202,345,000 USD -10%
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 244%
Net Cash Provided by (Used in) Investing Activities $786,000 USD 80%
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 -20%
Deferred Tax Assets, Valuation Allowance $20,722,000 USD 19%
Deferred Tax Assets, Gross $22,237,000 USD 16%
Operating Lease, Liability $2,149,000 USD -13%
Payments to Acquire Property, Plant, and Equipment $510,000 USD -88%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $24,422,000 USD -269%
Lessee, Operating Lease, Liability, to be Paid $2,353,000 USD -16%
Operating Lease, Liability, Current $562,000 USD 15%
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 -128%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $204,000 USD -33%
Lessee, Operating Lease, Liability, to be Paid, Year Three $659,000 USD 3.8%
Deferred Tax Assets, Operating Loss Carryforwards $17,220,000 USD 20%
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%
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 -15%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%