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. In the quarter to June 2026, revenue grew 164.8%, EPS grew 212.5%, free cash flow grew 173.3% and total debt rose 50.6%, each against the same quarter a year earlier.

51.47 6.44 −11.12%
Market cap
$3.8B
P/E
1,716×
Fwd P/E
379×
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 16 October 2026, AXT Inc (AXTI) trades at a P/E ratio of 1,716×. Over the past ten years it has ranged from 0.0× (June 2026) to 3,199× (August 2026); the current reading is higher than 98% of that period. That is above the Semiconductor Equipment & Materials industry median of 45.0× and above the Technology sector median of 28.2×.

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
Jun 2026 2,403× —
Mar 2026 0.0× —
Dec 2025 0.0× —
Sep 2025 0.0× —
42 more quarters

Against its own ten years

Low 0.0× High 3,199×
Ten-year median 0.0×
Current reading's percentile 95

P/E ratio against peers

Company P/E ratio
AMBA Ambarella, Inc. compare n/m
UCTT Ultra Clean Holdings, Inc. compare n/m
COHU Cohu, Inc. compare n/m
ACMR ACM Research, Inc. compare 23.6×
KLIC Kulicke and Soffa Industries, Inc. compare 35.6×
ACLS Axcelis Technologies, Inc. compare 36.1×
IPGP IPG Photonics Corporation compare 108×
VECO Veeco Instruments Inc. compare 113×
AXTI AXT Inc 1,716×
Semiconductor Equipment & Materials industry median 45.0×
Technology sector median 28.2×
Market median 18.1×

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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