stockrowAXT 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
Follow AXTI
Alert me
AXT Inc (AXTI) Gross margin
AXT Inc's gross margin over the twelve months to 30 September 2026 was 44.0%, up 31.3 percentage points from fiscal 2025 (12.7%). Over the past ten years it has ranged from 12.7% (fiscal 2025) to 36.9% (fiscal 2022) — the current reading is the lowest in ten years. That is below the Semiconductor Equipment & Materials industry median of 46.9% and below the Technology sector median of 46.9%.
Gross margin, annual
Embed this chart
Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 12.7% | (11.26) |
| FY2024 | 24.0% | 6.42 |
| FY2023 | 17.6% | (19.36) |
| FY2022 | 36.9% | 2.42 |
| FY2021 | 34.5% | 2.76 |
| FY2020 | 31.8% | 1.93 |
| FY2019 | 29.8% | (6.36) |
| FY2018 | 36.2% | 1.24 |
| FY2017 | 34.9% | 2.51 |
| FY2016 | 32.4% | 10.72 |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Sep 2026 | 56.0% | 11.08 |
| Jun 2026 | 44.9% | 15.27 |
| Mar 2026 | 29.6% | 8.68 |
| Dec 2025 | 21.0% | (1.31) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| AMBA Ambarella, Inc. compare | 58.5% |
| KLIC Kulicke and Soffa Industries, Inc. compare | 48.2% |
| COHU Cohu, Inc. compare | 44.5% |
| AXTI AXT Inc | 44.0% |
| ACMR ACM Research, Inc. compare | 43.8% |
| ACLS Axcelis Technologies, Inc. compare | 42.8% |
| IPGP IPG Photonics Corporation compare | 38.7% |
| VECO Veeco Instruments Inc. compare | 37.4% |
| UCTT Ultra Clean Holdings, Inc. compare | 16.1% |
| Semiconductor Equipment & Materials industry median | 46.9% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on AXTI
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- 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