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
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AXT Inc (AXTI) Free cash flow
AXT Inc's free cash flow for fiscal 2025 was −$18.8M, compared with −$17.9M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$19.6M. Over the past ten years it has ranged from −$37.2M (fiscal 2022) to $9.8M (fiscal 2016); the current reading is higher than 36% of that period. AXT Inc ranks 26th of 29 Semiconductor Equipment & Materials companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | −$18.8M | — |
| FY2024 | −$17.9M | — |
| FY2023 | −$7.1M | — |
| FY2022 | −$37.2M | — |
| FY2021 | −$33.0M | — |
| FY2020 | −$14.0M | — |
| FY2019 | −$9.1M | — |
| FY2018 | −$37.2M | — |
| FY2017 | −$12.7M | — |
| FY2016 | $9.8M | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Jun 2026 | $3.6M | — |
| Mar 2026 | −$13.1M | — |
| Dec 2025 | $1.3M | — |
| Sep 2025 | −$11.3M | — |
| 42 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| VECO Veeco Instruments Inc. compare | $125.8M |
| ACLS Axcelis Technologies, Inc. compare | $59.9M |
| COHU Cohu, Inc. compare | $56.3M |
| KLIC Kulicke and Soffa Industries, Inc. compare | $41.2M |
| IPGP IPG Photonics Corporation compare | $37.5M |
| AMBA Ambarella, Inc. compare | $9.7M |
| AXTI AXT Inc | −$19.6M |
| ACMR ACM Research, Inc. compare | −$119.1M |
| UCTT Ultra Clean Holdings, Inc. compare | −$167.1M |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on AXTI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement