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

38.68 1.96 +5.34%
Market cap
$2.4B
P/E
72.2×
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) P/E ratio

Alert me on P/E ratio

As of 6 November 2026, AXT Inc (AXTI) trades at a P/E ratio of 72.2×. Over the past ten years it has ranged from 0.0× (June 2026) to 3,199× (August 2026); the current reading is higher than 92% of that period. That is above the Semiconductor Equipment & Materials industry median of 33.7× and above the Technology sector median of 25.7×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 11.8× (53.08%)
FY2021 25.2× (81.59%)
FY2020 137× —
FY2019 0.0× —
FY2018 18.1× (46.14%)
FY2017 33.7× 16.76%
FY2016 28.8× —

Quarterly newest first

Period P/E ratio Change
Sep 2026 144× (93.99%)
Jun 2026 2,403× —
Mar 2026 0.0× —
Dec 2025 0.0× —
43 more quarters

Against its own ten years

Low 0.0× High 3,199×
Ten-year median 0.0×
Current reading's percentile 84

P/E ratio against peers

Company P/E ratio
AMBA Ambarella, Inc. compare n/m
COHU Cohu, Inc. compare n/m
ACMR ACM Research, Inc. compare 17.8×
ACLS Axcelis Technologies, Inc. compare 26.6×
KLIC Kulicke and Soffa Industries, Inc. compare 27.4×
UCTT Ultra Clean Holdings, Inc. compare 60.9×
IPGP IPG Photonics Corporation compare 65.0×
AXTI AXT Inc 70.3×
VECO Veeco Instruments Inc. compare 80.7×
Semiconductor Equipment & Materials industry median 33.7×
Technology sector median 25.7×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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