AXT, Inc.

AXT, Inc.

AXTIยทNASDAQ

$106.70

-0.58%
TechnologySemiconductors

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. It produces semiconductor substrates using its proprietary vertical gradient freeze technology. The company offers indium phosphide for use in data center connectivity using light/lasers, 5G communications, fiber optic lasers and detectors, passive optical networks, silicon photonics, photonic integrated circuits, terrestrial solar cells, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides 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 LED, screen displays, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers 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 provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. AXT, Inc. 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.

At a Glance

Live Snapshot
Market Cap$4.95B
EPS-0.4900
P/E Ratio-217.76
Earnings Date07/30/2026
3Y+17.0%
5Y+45.0%
10Y+181.0%
3Y+23.0%
5Y+129.0%
10Y+610.0%
3Y+15.0%
5Y+31.0%
10Y+139.0%
axti

AXT, Inc. Funding & Solvency Profile

AXTI ยท NASDAQ
Cash & Cash Equivalents128.37M
Net Receivables26.85M
Inventory81.65M
Other Current Assets9.69M
Total Current Assets247 M
Property, Plant & Equipment163.84M
Goodwill & Intangible Assets0.00
Long-Term Investments0.00
Other Non-Current Assets23.35M
Total Non-Current Assets187 M
Total Assets
433.75M

Financial Health Analysis

Current Ratio

2.72x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.30x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

156 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

57% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

AXT, Inc. Balance Sheet

AXTI โ€ข NASDAQ

AXT, Inc. Balance SheetDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
ASSETS
CURRENT ASSETS
128.4M
22.8M
37.8M
34.9M
36.8M
72.6M
26.9M
16.5M
44.4M
36.2M
24.9M
28.8M
25M
30.6M
26.2M
23.7M
16.9M
13.6M
18.4M
16.1M
0.0
0.0
2.1M
9.3M
5.4M
240K
9.4M
22.1M
20M
11.4M
11.4M
12.3M
12.5M
10.3M
5.5M
10.1M
18.5M
17.8M
20.8M
19.4M
128.4M
22.8M
39.9M
44.3M
42.2M
72.8M
36.3M
38.7M
64.4M
47.6M
36.3M
41.2M
37.5M
40.9M
31.7M
33.8M
35.4M
31.3M
39.2M
35.5M
26.8M
25.6M
19.3M
29.3M
34.8M
24.6M
19M
19.6M
22.8M
14.5M
18.5M
18M
14.9M
19.9M
18.4M
23.1M
15.4M
11.5M
12.1M
9.7M
26.8M
25.6M
19.3M
29.3M
34.8M
24.6M
19M
19.6M
22.8M
14.5M
18.5M
17.9M
14.9M
17.9M
18M
23.1M
15.4M
11.5M
12.1M
9.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
171K
0.0
2M
412K
0.0
0.0
0.0
0.0
0.0
81.7M
85.1M
86.5M
89.6M
65.9M
51.5M
49.2M
58.6M
45.8M
40.2M
38M
38.6M
39.1M
40.4M
46M
36M
27.7M
35.1M
24.8M
20.3M
0.0
0.0
12.6M
14M
17.3M
15.6M
8.7M
11.7M
7.2M
4.9M
4.1M
5.4M
8M
5.3M
7.1M
4.1M
2.4M
3.1M
3.6M
4M
9.7M
24.7M
12.4M
6.4M
0.0
0.0
0.0
0.0
7.5M
5.1M
0.0
5.4M
0.0
5.3M
0.0
4.1M
2.4M
3.1M
5.1M
4.7M
246.6M
158.3M
170.7M
183.5M
160.2M
164.5M
113.2M
128.5M
140.5M
107.3M
96.9M
103.2M
99.5M
106.5M
103.1M
97M
80.9M
81M
84.8M
74.1M
NON-CURRENT ASSETS
163.8M
162.2M
169.1M
162.8M
144.7M
118.5M
100.3M
82.3M
46.5M
27.8M
31.4M
33.9M
37.6M
37.2M
34.3M
24.2M
20.9M
22.2M
16M
12.8M
0.0
1.7M
1.8M
1.9M
2.1M
1.7M
1.1M
1M
1.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
1.7M
1.8M
1.9M
2.1M
1.7M
1.1M
1M
1.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
14.1M
12.5M
16.7M
19.7M
12.1M
6M
717K
12.6M
6.2M
7.7M
7.8M
10.1M
9.2M
9M
7.2M
0.0
0.0
0.0
0.0
0.0
1.4M
1.7M
2.2M
2.3M
0.0
-8.7M
-1M
-1.1M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
23.4M
1.6M
2.9M
2.9M
3.3M
2.1M
11.4M
12M
11.6M
13M
15.9M
16.7M
16.5M
14.7M
16.1M
11.9M
6.2M
8.4M
11.9M
11.4M
187.2M
181M
188M
186.5M
172.3M
134.3M
110.1M
95M
70.7M
47M
55M
58.3M
64.3M
61.1M
59.4M
43.3M
27.1M
30.6M
27.9M
24.2M
433.8M
339.3M
358.7M
370.1M
332.4M
298.9M
223.3M
223.5M
211.2M
154.2M
151.9M
161.5M
163.8M
167.6M
162.5M
140.3M
107.9M
111.7M
112.8M
98.3M
LIABILITIES
CURRENT LIABILITIES
12.9M
12.5M
9.6M
10.8M
17.2M
13.4M
10.3M
13.3M
11.7M
6.9M
6.5M
7.1M
8.1M
6.5M
3.3M
7.1M
5.6M
6.7M
4.7M
3.9M
12.9M
12.4M
9.6M
10.1M
16.6M
12.7M
10.1M
13.3M
11.4M
6.7M
6.5M
7.1M
8.1M
5.9M
3.3M
7.1M
5.6M
6.7M
4.3M
3.8M
0.0
127K
0.0
729K
539K
760K
171K
0.0
270K
203K
0.0
0.0
0.0
640K
0.0
0.0
0.0
82K
390K
356K
0.0
3.1M
7.4M
5.1M
5.4M
4.5M
3.5M
6M
3.4M
2.8M
5.1M
6.2M
5.5M
2.1M
1.8M
1.7M
1.1M
764K
966K
1.1M
62.8M
47.3M
52.9M
47.1M
14.1M
10.4M
5.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
76K
3.1M
450K
450K
0.0
536K
458K
485K
488K
445K
319K
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
526K
493K
1.6M
931K
1.1M
221K
360K
665K
203K
225K
119K
125K
640K
0.0
0.0
221K
82K
390K
178K
0.0
1.6M
305K
338K
946K
374K
396K
1.5M
924K
238K
0.0
0.0
0.0
0.0
19K
0.0
221K
82K
4.3M
3.4M
14.8M
9.2M
10.9M
11.5M
9.7M
9.9M
7.3M
9.3M
6.5M
6M
1.3M
1.5M
1.8M
4.5M
5.8M
6.1M
3.5M
3.6M
3.4M
2.3M
90.5M
74.2M
81.6M
75.3M
47.8M
39.1M
27.5M
28.7M
22.6M
13.1M
12.8M
14.8M
15.4M
13.1M
10.9M
14.8M
10.2M
14.2M
9.5M
7.8M
NON-CURRENT LIABILITIES
1.4M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
420K
496K
6.3M
6.8M
5.7M
8.3M
5.6M
3.7M
2.5M
1.9M
366K
283K
289K
905K
1.5M
2.1M
2.9M
3.6M
4.6M
5.6M
62K
3.3M
3.8M
2.5M
8.6M
10.2M
8M
5M
4.4M
4.3M
3.1M
283K
289K
905K
1.5M
2.1M
2.9M
3.6M
4.6M
5.6M
482K
3.8M
10M
9.4M
1.4M
2.5M
2.8M
1.8M
2.4M
2.8M
2.7M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
99.1M
84.4M
89.6M
80.3M
52.2M
43.3M
30.6M
29M
22.9M
14M
14.3M
16.8M
18.3M
16.7M
15.4M
20.4M
10.7M
18M
19.5M
17.1M
SHAREHOLDERS' EQUITY
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
3.5M
55K
45K
44K
44K
43K
42K
41K
39K
39K
32K
32K
32K
32K
32K
32K
32K
30K
30K
30K
29K
339.9M
241.5M
238.5M
235.3M
231.6M
230.4M
237M
234.4M
231.7M
194.2M
194.6M
195.4M
194.2M
193.1M
191.6M
190M
187.9M
186.8M
185.9M
180.9M
-64.9M
-43.7M
-32M
-14.2M
-30M
-44.5M
-47.8M
-45.2M
-54.8M
-65M
-70.6M
-68.4M
-67M
-59M
-62.2M
-82.5M
-101.1M
-99.2M
-98.5M
-103.8M
-5.3M
-8.7M
-6M
-3.1M
6.3M
3.2M
-4.9M
-2M
3.4M
253K
4.4M
7.7M
9M
6M
5.8M
4.7M
4.3M
2.6M
2.3M
535K
273.3M
192.8M
204M
221.6M
211.5M
192.6M
187.9M
190.8M
183.8M
135.9M
132M
138.3M
139.7M
143.6M
138.8M
115.8M
94.6M
93.7M
93.3M
81.2M
334.6M
254.9M
269.1M
289.7M
280.2M
255.5M
192.8M
194.5M
188.3M
140.3M
137.6M
144.7M
145.5M
150.9M
147M
119.8M
97.3M
93.7M
93.3M
81.2M
61.3M
62.1M
65.2M
68.1M
68.7M
62.9M
4.9M
3.7M
4.5M
4.4M
5.6M
6.4M
5.9M
7.3M
8.3M
4M
2.6M
0.0
0.0
0.0
SUMMARY
433.8M
339.3M
358.7M
370.1M
332.4M
298.9M
223.3M
223.5M
211.2M
154.2M
151.9M
161.5M
163.8M
167.6M
162.5M
140.3M
107.9M
111.7M
112.8M
98.3M
0.0
14.1M
14.6M
26.1M
25.2M
12.3M
15.4M
22.8M
32.6M
17.6M
19.1M
20.1M
22.6M
19.5M
14.5M
17.3M
18.5M
17.8M
20.8M
19.4M
65.7M
49.8M
55.7M
48.9M
16.5M
13.2M
8.8M
0.0
0.0
0.0
0.0
0.0
0.0
0.0
900K
5.5M
496K
3.6M
6.7M
7.3M
-62.7M
26.9M
18M
13.9M
-20.2M
-59.4M
-18.1M
-16.5M
-44.4M
-36.2M
-24.9M
-28.8M
-25M
-30.6M
-25.3M
-18.2M
-16.4M
-10M
-11.7M
-8.8M
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935
46,124,935

SEC Filings

AXTI - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 15, 2026
May 14, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 14, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 20, 2026
2026
8-K

8-K 2026

N/A

April 20, 2026
April 20, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 31, 2026
May 14, 2026
2026
10-K

10-K 2025 FY

FY

March 17, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 19, 2026
February 19, 2026
2026
8-K

8-K 2026

N/A

January 29, 2026
January 26, 2026
2026
8-K

8-K 2026

N/A

January 09, 2026
January 08, 2026
2026
Showing 1 to 10 of 368 filings