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

38.09 1.37 +3.73%
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

AXT Inc (AXTI) Current ratio

Alert me on Current ratio

AXT Inc's current ratio at the end of the quarter to 30 September 2026 was 3.8×, up 1.1× from fiscal 2025 (2.7×). Over the past ten years it has ranged from 2.1× (fiscal 2023) to 7.5× (fiscal 2015); the current reading is higher than 36% of that period. That is above the Semiconductor Equipment & Materials industry median of 3.6× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.7× 27.62%
FY2024 2.1× 1.97%
FY2023 2.1× (14.13%)
FY2022 2.4× (27.25%)
FY2021 3.3× (20.44%)
FY2020 4.2× 2.37%
FY2019 4.1× (8.14%)
FY2018 4.5× (28.01%)
FY2017 6.2× (7.53%)
FY2016 6.7× (10.86%)

Quarterly newest first

Period Current ratio Change
Sep 2026 3.8× (20.35%)
Jun 2026 4.8× 83.79%
Mar 2026 2.6× (4.78%)
Dec 2025 2.7× 54.37%
43 more quarters

Against its own ten years

Low 2.1× High 7.5×
Ten-year median 4.1×
Current reading's percentile 36

Current ratio against peers

Company Current ratio
IPGP IPG Photonics Corporation compare 6.0×
COHU Cohu, Inc. compare 5.2×
ACLS Axcelis Technologies, Inc. compare 4.4×
VECO Veeco Instruments Inc. compare 3.9×
AXTI AXT Inc 3.8×
ACMR ACM Research, Inc. compare 3.7×
KLIC Kulicke and Soffa Industries, Inc. compare 3.4×
AMBA Ambarella, Inc. compare 2.8×
UCTT Ultra Clean Holdings, Inc. compare 2.8×
Semiconductor Equipment & Materials industry median 3.6×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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