Stocktoria
AXT INC AXTI
AXT INC financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.3M | $99.4M | $75.8M | $141.1M | $137.4M | $95.4M | $83.3M | $102.4M | $98.7M | $81.3M |
| Gross profit | $11.2M | $23.8M | $13.3M | $52.1M | $47.4M | $30.3M | $24.8M | $37.0M | $34.5M | $26.4M |
| R&D expense | $9.0M | $14.5M | $12.1M | $13.9M | $10.3M | $7.1M | $5.8M | $5.9M | $4.8M | $5.8M |
| SG&A expense | $24.2M | $24.1M | $22.8M | $25.7M | $24.2M | $19.2M | $19.3M | $19.0M | $17.0M | $13.9M |
| Operating income | -$22.0M | -$14.8M | -$21.6M | $12.6M | $12.9M | $3.9M | -$314,000 | $12.1M | $12.6M | $6.4M |
| Income tax | $1.7M | $1.1M | $160,000 | $2.2M | $1.1M | $2.0M | $562,000 | $938,000 | $792,000 | $733,000 |
| Net income | -$21.3M | -$11.6M | -$17.9M | $15.8M | $14.6M | $3.2M | -$2.6M | $9.7M | $10.1M | $5.6M |
| EPS (diluted) | $-0.49 | $-0.27 | $-0.42 | $0.37 | $0.34 | $0.07 | $-0.07 | $0.24 | $0.26 | $0.17 |
| Operating cash flow | -$12.8M | -$12.1M | $3.4M | -$8.8M | -$3.3M | $5.9M | $12.7M | $3.2M | $8.6M | $12.5M |
| Free cash flow | -$18.8M | -$17.9M | -$7.1M | -$37.2M | -$33.0M | -$14.0M | -$9.1M | -$37.3M | -$12.7M | $9.8M |
| Cash & equivalents | $120.3M | $22.8M | $37.8M | $34.9M | $36.8M | $72.6M | $26.9M | $16.5M | $44.4M | $36.2M |
| Inventory | $81.7M | $85.1M | $86.5M | $89.6M | $65.9M | $51.5M | $49.2M | $58.6M | $45.8M | $40.2M |
| Total assets | $433.8M | $339.3M | $358.7M | $370.1M | $332.4M | $298.9M | $223.3M | $223.5M | $211.2M | $154.2M |
| Total liabilities | $99.1M | $84.4M | $89.6M | $80.3M | $52.2M | $43.3M | $30.6M | $29.0M | $22.9M | $16.9M |
| Shareholders' equity | $296.6M | $216.3M | $227.5M | $244.9M | $229.8M | $208.0M | $192.8M | $194.5M | $188.3M | $137.4M |
Growth · year-over-year · Revenue CAGR 0.9%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -11.1% | +31.1% | -46.3% | +2.7% | +44.1% | +14.5% | -18.7% | +3.8% | +21.3% | +5.0% |
| Net income growth | — | — | -213.1% | +8.5% | +350.1% | — | -126.9% | -4.9% | +80.1% | — |
| EPS growth | — | — | -213.5% | +8.8% | +385.7% | — | -129.2% | -7.7% | +52.9% | — |
| Free cash flow growth | — | — | — | — | — | — | — | — | -230.3% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.