Quick Answer
AXT INC reported Total Revenue of $99.36 million for fiscal year 2024.
AXT INC — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | — | $99.36M +31.1% |
$75.80M -46.3% |
$141.12M +2.7% |
$137.39M +44.1% |
$95.36M +14.5% |
| Net Income | -$21.26M -82.9% |
-$11.62M +35.0% |
-$17.88M -213.1% |
$15.81M +8.5% |
$14.57M +350.1% |
$3.24M +224.5% |
| Diluted EPS | -$0.49 -81.5% |
-$0.27 +35.7% |
-$0.42 -213.5% |
$0.37 +8.8% |
$0.34 +385.7% |
$0.07 +200.0% |
| Total Assets | $433.75M +27.8% |
$339.31M -5.4% |
$358.70M -3.1% |
$370.07M +11.3% |
$332.44M +11.2% |
$298.86M +33.8% |
| Cash and Equivalents | $120.27M +426.7% |
$22.83M -39.5% |
$37.75M +8.0% |
$34.95M -4.9% |
$36.76M -49.4% |
$72.60M +170.0% |
| Stockholders Equity | $273.29M +41.8% |
$192.77M -5.5% |
$203.99M -8.0% |
$221.61M +4.8% |
$211.53M +9.8% |
$192.62M +2.5% |
| R&D Expense | $9.05M -37.8% |
$14.54M +20.4% |
$12.08M -13.2% |
$13.91M +34.7% |
$10.33M +44.8% |
$7.13M +22.3% |
| Operating Income | -$21.98M -48.5% |
-$14.80M +31.4% |
-$21.57M -271.8% |
$12.55M -2.7% |
$12.90M +227.3% |
$3.94M +1354.8% |
| Gross Profit | $11.24M -52.8% |
$23.84M +79.0% |
$13.32M -74.4% |
$52.12M +9.9% |
$47.41M +56.6% |
$30.27M +22.0% |
| Shares Outstanding | 55.34M +22.0% |
45.36M +2.5% |
44.24M +1.6% |
43.55M +1.6% |
42.89M +2.2% |
41.97M +3.3% |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | March 31, 2025 | $19.36M | -14.7% | -18.1% |
| Net Income | September 30, 2025 | -$1.91M | +35.1% | +72.8% |
| Diluted EPS | September 30, 2025 | -$0.04 | +42.9% | +75.0% |
| Total Assets | September 30, 2025 | $334.03M | -6.1% | +1.5% |
| Cash and Equivalents | September 30, 2025 | $23.11M | -7.2% | -14.4% |
| Stockholders Equity | September 30, 2025 | $179.15M | -10.8% | -0.3% |
| R&D Expense | September 30, 2025 | $1.01M | -70.5% | -59.9% |
| Operating Income | September 30, 2025 | -$1.12M | +67.0% | +83.4% |
| Gross Profit | September 30, 2025 | $6.22M | +9.5% | +334.3% |
| Shares Outstanding | September 30, 2025 | 46.22M | +3.4% | +0.3% |
- AXT INC reported Total Revenue of $99.36 million for fiscal year 2024.
- AXT INC showed an increase of +31.1% in Total Revenue compared to the prior fiscal year.
- AXT INC reported Net Income of -$21.26 million for fiscal year 2025.
- AXT INC showed a decrease of -82.9% in Net Income compared to the prior fiscal year.
- AXT INC reported Diluted EPS of $0.49 per share (loss) for fiscal year 2025.
- AXT INC showed a decrease of -81.5% in Diluted EPS compared to the prior fiscal year.
- AXT INC reported Total Assets of $433.75 million for fiscal year 2025.
- AXT INC showed an increase of +27.8% in Total Assets compared to the prior fiscal year.
- AXT INC reported Cash and Equivalents of $120.27 million for fiscal year 2025.
- AXT INC showed an increase of +426.7% in Cash and Equivalents compared to the prior fiscal year.
- AXT INC reported Stockholders Equity of $273.29 million for fiscal year 2025.
- AXT INC showed an increase of +41.8% in Stockholders Equity compared to the prior fiscal year.
- AXT INC reported R&D Expense of $9.05 million for fiscal year 2025.
- AXT INC showed a decrease of -37.8% in R&D Expense compared to the prior fiscal year.
- AXT INC reported Operating Income of -$21.98 million for fiscal year 2025.
- AXT INC showed a decrease of -48.5% in Operating Income compared to the prior fiscal year.
- AXT INC reported Gross Profit of $11.24 million for fiscal year 2025.
- AXT INC showed a decrease of -52.8% in Gross Profit compared to the prior fiscal year.
- AXT INC reported Shares Outstanding of 55.34 million shares for fiscal year 2025.
- AXT INC showed an increase of +22.0% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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