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) EV/EBITDA

Alert me on EV/EBITDA

As of 5 November 2026, AXT Inc (AXTI) trades at a EV/EBITDA of 142×. Over the past ten years it has ranged from 0.0× (June 2026) to 407× (August 2026); the current reading is higher than 94% of that period. That is above the Semiconductor Equipment & Materials industry median of 22.6× and above the Technology sector median of 14.5×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 8.7× (48.03%)
FY2021 16.8× (56.88%)
FY2020 39.0× 42.50%
FY2019 27.4× 257.72%
FY2018 7.7× (49.88%)
FY2017 15.3× 58.21%
FY2016 9.7× (81.96%)

Quarterly newest first

Period EV/EBITDA Change
Sep 2026 330× 10.18%
Jun 2026 299× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 407×
Ten-year median 12.5×
Current reading's percentile 94

EV/EBITDA against peers

Company EV/EBITDA
AMBA Ambarella, Inc. compare n/m
ACMR ACM Research, Inc. compare 10.0×
UCTT Ultra Clean Holdings, Inc. compare 11.2×
KLIC Kulicke and Soffa Industries, Inc. compare 14.7×
ACLS Axcelis Technologies, Inc. compare 22.7×
IPGP IPG Photonics Corporation compare 23.5×
VECO Veeco Instruments Inc. compare 44.1×
COHU Cohu, Inc. compare 47.9×
AXTI AXT Inc 142×
Semiconductor Equipment & Materials industry median 22.6×
Technology sector median 14.5×
Market median 10.9×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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