AXT INC
Company Stats
- Market Cap
- $5.1B
- as of Sep 30, 2026
- Shares Outstanding
- 65.6M
- Free Float
- 94.9%
Income Statement
- Revenue
- $88.3M
- Operating Income
- -$22.0M
- Net Income
- -$21.3M
- EBITDA
- -$12.9M
- Non-cash Impairment
- $48,000
- Revenue Growth, 3Y
- -14.5%
- FCF Margin, 3Y Avg
- -16.2%
- FCF Margin, Worst Year
- -21.3%
Cash Flow
- Free Cash Flow
- -$18.8M
- FCF Yield
- -0.4%
- Owner FCF Yield
- -0.4%
Balance Sheet
- Cash & Equivalents
- $120.3M
Returns & Capital
- SBC, 3Y Avg
- $3.3M
Cash Flow by Year
| Year | Revenue | FCF | Margin |
|---|---|---|---|
| FY2025 | $88.3M | -$18.8M | -21.3% |
| FY2024 | $99.4M | -$17.9M | -18.0% |
| FY2023 | $75.8M | -$7.1M | -9.3% |
| FY2022 | $141.1M | -$37.2M | -26.4% |
| FY2021 | $137.4M | -$33.0M | -24.0% |
Annual filing data through FY ended December 31, 2025; shares and float as of October 27, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.
Stronger demand supports expansion as pricing diverges
Companies Report Firm Demand, Relentless Cost Pressure