AXT Inc

AXTI Technology Semiconductor Equipment & Materials

AXT Inc’s revenue for fiscal 2025 (year ended December 2025) was $88.3 million, down 11.1% from fiscal 2024.

Revenue
+162.6%
EPS
+1,265.3%
Free cash flow
+173.3%
Total debt
+17.7%

Quarter to September 2026, against a year earlier

38.68 1.96 +5.34%
Market cap
$2.4B
P/E
70.3×
Fwd P/E
49.2×
Dividend yield
—
F-score
3/9
Altman Z
3.40
Beneish M
−2.10
Dividend safety
n/a
Older periods Dec '25 Mar '26 Jun '26 Sep '26
P/E ratio

+8 more quarters

0.00 0.00 2,402.67 144.39
P/S ratio
8.13 31.68 35.16 28.90
P/FCF ratio
0.00 0.00 0.00 0.00
P/Operating CF
167.44 (260.02) 409.24 458.16
P/B ratio
2.45 10.30 4.86 5.27
EV/Sales
7.40 31.12 32.25 26.09
EV/EBITDA
0.00 0.00 299.29 329.76
EV/FCF
(34.81) (106.68) (206.91) (227.97)
Current Ratio
2.72 2.59 4.77 3.80
Net Debt/EBITDA
43.31 (60.82) (28.24) 0.00
Debt/Equity
0.21 0.23 0.09 0.08
Earnings Yield
(2.94%) (0.54%) 0.04% 0.69%
Free Cash Flow Yield
(2.61%) (0.92%) (0.44%) (0.40%)
Free Cash Flow per Share
0.03 (0.24) 0.06 0.00
Book value per Share
6.75 5.60 14.90 14.74
Free Cash Flow
1.26 (13.06) 3.56 —
EV/EBIT
0.00 0.00 1,042.80 133.41
Other line items

Show all line items

Columns are period end dates · fundamentals updated 2 Nov 2026