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) Operating cash flow

Alert me on Operating cash flow

AXT Inc's operating cash flow for fiscal 2025 was −$12.8M, compared with −$12.1M in fiscal 2024. Over the twelve months to 30 June 2026 it was −$5.8M. Over the past ten years it has ranged from −$12.8M (fiscal 2025) to $12.7M (fiscal 2019) — the current reading is the lowest in ten years. AXT Inc ranks 25th of 29 Semiconductor Equipment & Materials companies by operating cash flow.

Operating cash flow, annual

Embed this chart

Annual newest first

Period Operating cash flow Change
FY2025 −$12.8M —
FY2024 −$12.1M —
FY2023 $3.4M —
FY2022 −$8.8M —
FY2021 −$3.3M —
FY2020 $5.9M (53.67%)
FY2019 $12.7M 293.35%
FY2018 $3.2M (62.65%)
FY2017 $8.6M (31.10%)
FY2016 $12.5M 565.81%

Quarterly newest first

Period Operating cash flow Change
Jun 2026 $10.8M —
Mar 2026 −$11.7M —
Dec 2025 $4.3M —
Sep 2025 −$9.2M —
42 more quarters

Against its own ten years

Low −$12.8M High $12.7M
Ten-year median $3.2M
Current reading's percentile 9

Operating cash flow against peers

What Operating cash flow is

Operating Cash Flow shows how much cash a company’s day-to-day business actually brings in, after paying suppliers, staff and taxes.

Reported line item

The full definition of Operating cash flow →

More on AXTI