State Ledger
Company profile

AXT INC CIK 1051627

Ticker
AXTI (Nasdaq)
Industry
Semiconductors & Related Devices
Headquarters
Fremont, CA 94538
Fiscal year end
2025 (FY)
Market Data
Close
$62.00
Change
-$6.46
Change %
-9.44%
Volume
294,047

AXTI · trading date Oct 12, 2026 · previous close $68.46 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$88.33M
Net income
-$21.26M
Total assets
$433.75M
Total liabilities
$99.12M
Stockholders' equity
$273.29M
Cash & equivalents
$120.27M
Operating income
-$21.98M
Operating cash flow
-$12.78M
Capital expenditures
$6.00M

Fiscal year 2025, via 10-K filed 2026-03-17. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
-24.9%
Net margin
-24.1%
Free cash flow
-$18.78M
Free cash flow margin
-21.3%
Liabilities / assets
22.9%
Equity / assets
63.0%
CapEx / revenue
6.8%
Operating cash flow / net income
0.60×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $88.33M -$21.26M $433.75M $99.12M $273.29M
2024 $99.36M -$11.62M $339.31M $84.41M $192.77M
2023 $75.80M -$17.88M $358.70M $89.56M $203.99M
2022 $141.12M $15.81M $370.07M $80.33M $221.61M
2021 $137.39M $14.58M $332.44M $52.21M $211.53M
Company Details
SIC code
3674
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 4
2026-08-19
Financials filed via
Form 10-K
filed 2026-03-17

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Fremont, CA 94538
4281 TECHNOLOGY DR.
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:15 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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