AXT Inc. (AXTI)

NASDAQ: AXTI · Real-Time Price · USD

1.35

-0.05 (-3.57%)

At close: May 01, 2025, 3:59 PM

1.30

-4.03%

After-hours: May 01, 2025, 07:58 PM EDT

AXT Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	99.36M	94.69M	88.41M	79.08M	75.8M	82.16M	99.98M	120.87M	141.12M	152.06M	151.45M	145.7M	137.39M	126.7M	117.59M	105.99M	95.36M	86.74M	81.11M	83.77M	83.26M	87.08M	95.86M	98.19M	102.4M	106.5M	106.04M	102.48M	98.67M	92.61M	86.31M	83.25M	81.35M	79.14M	75.64M	76.15M
Cost of Revenue	75.53M	70.63M	68.17M	64.78M	62.48M	64.87M	69.78M	76.95M	89M	96.39M	99.06M	96.51M	89.98M	82.26M	75.83M	69.7M	65.09M	61.76M	59.19M	60.12M	58.43M	60.27M	64.2M	64.02M	65.35M	65.5M	64.53M	64.72M	64.2M	60.41M	57.67M	55.84M	54.97M	57.19M	56.66M	58.82M
Gross Profit	23.84M	24.05M	20.24M	14.3M	13.32M	17.29M	30.2M	43.92M	52.12M	55.66M	52.38M	49.19M	47.41M	44.44M	41.76M	36.29M	30.27M	24.98M	21.91M	23.65M	24.82M	26.81M	31.66M	34.17M	37.05M	40.99M	41.51M	37.76M	34.48M	32.2M	28.64M	27.42M	26.38M	21.95M	18.98M	17.33M
Operating Income	-14.8M	-12.2M	-15.52M	-20.48M	-21.57M	-18.18M	-6.89M	5.24M	12.51M	15.72M	13.55M	12.17M	12.9M	11.78M	11.56M	8.13M	3.94M	-779K	-3.43M	-1.57M	-314K	1.85M	6.66M	8.84M	12.15M	16.52M	17.43M	15.2M	12.64M	11.22M	8.68M	7.3M	6.42M	2.44M	-969K	-2.66M
Interest Income	n/a	n/a	381K	746K	1.14M	1.54M	1.46M	1.1M	700K	299K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	2K	43K	122K	217K	329K	421K	481K	528K	541K	530K	505K	461K	440K	423K	409K	409K	408K	405K	413K
Pretax Income	-10.66M	-8.62M	-12.88M	-17.29M	-19.03M	-14.03M	-287K	12.78M	20.93M	22.66M	19.79M	17.72M	17.6M	16.87M	14.63M	11M	7.07M	2.56M	-32K	424K	-1.03M	-56K	4.97M	7.56M	11.95M	16.4M	16.59M	13.79M	10.85M	9.49M	7.13M	5.95M	5.7M	2.05M	-286K	-859K
Net Income	-11.62M	-10.16M	-13.04M	-16.62M	-18.2M	-13.24M	-1.7M	8.89M	15.68M	17.26M	15.3M	14.14M	14.4M	13.5M	10.69M	6.66M	3.1M	-963K	-2.81M	-1.72M	-2.64M	-1.66M	3.14M	5.59M	9.52M	13.67M	14.15M	12.18M	9.97M	9.05M	6.86M	6.08M	5.5M	2.09M	-52K	-1.16M
Selling & General & Admin	24.1M	23.02M	23.04M	23.08M	22.81M	23.37M	24.28M	25.16M	25.65M	26.07M	25.97M	25.07M	24.19M	22.92M	21.07M	20.02M	19.2M	19.18M	19.31M	19.33M	19.3M	19.43M	19.29M	19.5M	19M	18.61M	18.48M	17.44M	17.01M	15.99M	14.82M	14.3M	13.88M	13.48M	13.83M	14.19M
Research & Development	14.54M	13.23M	12.72M	11.7M	12.08M	12.92M	13.64M	14.35M	13.91M	13.01M	12M	11.08M	10.33M	9.73M	9.13M	8.13M	7.13M	6.58M	6.04M	5.89M	5.83M	5.54M	5.72M	5.82M	5.9M	5.86M	5.6M	5.12M	4.83M	4.98M	5.14M	5.59M	5.85M	5.8M	5.89M	5.8M
Other Expenses	508K	-1.32M	-1.1M	-812K	-547K	3.53M	4.26M	3.78M	3.49M	853K	844K	611K	509K	1.16M	176K	1.72M	3.2M	3.94M	4.14M	2.45M	947K	476K	394K	433K	352K	-329K	-765K	-816K	-553K	-225K	288K	718K	860K	950K	1.28M	1.58M
Operating Expenses	38.64M	36.25M	35.76M	34.78M	34.89M	36.3M	37.92M	39.51M	39.57M	39.08M	37.97M	36.15M	34.52M	32.66M	30.2M	28.15M	26.34M	25.76M	25.35M	25.23M	25.14M	24.96M	25.01M	25.33M	24.9M	24.48M	24.09M	22.56M	21.84M	20.98M	19.96M	19.89M	19.73M	19.28M	19.72M	19.99M
Interest Expense	1.34M	1.41M	1.4M	1.48M	1.53M	1.54M	1.46M	1.28M	1.07M	828K	573K	424K	291K	174K	200K	200K	179K	140K	111K	151K	217K	329K	421K	481K	528K	541K	530K	505K	461K	440K	423K	409K	409K	408K	405K	413K
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	10K	10K	10K
Cost & Expenses	114.16M	106.88M	103.92M	99.56M	97.36M	101.17M	107.69M	116.45M	128.56M	135.47M	137.03M	132.66M	124.5M	114.91M	106.03M	97.85M	91.42M	87.52M	84.54M	85.34M	83.57M	85.23M	89.21M	89.34M	90.25M	89.98M	88.61M	87.28M	86.03M	81.39M	77.63M	75.73M	74.7M	76.47M	76.38M	78.81M
Income Tax Expense	1.13M	1.27M	546K	286K	160K	-95K	507K	1.67M	2.19M	1.78M	1.14M	1.01M	1.09M	1.61M	2.38M	2.41M	2.03M	1.71M	1.09M	772K	562K	603K	990K	760K	938K	1.24M	1.01M	967K	792K	681K	676K	495K	733K	910K	741K	842K
Shares Outstanding (Basic)	43.38M	43.16M	43.09M	42.99M	42.85M	42.64M	42.59M	42.5M	42.38M	42.16M	42M	41.87M	41.76M	41.46M	41.25M	41M	40.68M	40.15M	39.97M	39.81M	39.64M	39.47M	39.45M	38.27M	39.2M	39.01M	39M	38.94M	38.77M	38.5M	38.31M	34.21M	32.43M	32.11M	32.02M	32M
Shares Outstanding (Diluted)	43.38M	43.16M	43.09M	42.99M	42.85M	42.64M	42.59M	42.5M	42.7M	42.98M	42.51M	42.66M	42.75M	42.68M	42.73M	42.73M	42.04M	40.98M	40.75M	39.81M	39.64M	39.47M	40.12M	39.35M	39.2M	40.33M	40.22M	40.36M	40.45M	40.09M	39.71M	35.62M	33.73M	33.14M	32.45M	32M
EPS (Basic)	-0.27	-0.24	-0.31	-0.39	-0.43	-0.32	-0.04	0.21	0.38	0.42	0.37	0.35	0.35	0.33	0.26	0.16	0.08	-0.03	-0.07	-0.04	-0.06	-0.04	0.08	0.14	0.24	0.35	0.36	0.31	0.26	0.25	0.21	0.19	0.17	0.06	-0.01	-0.04
EPS (Diluted)	-0.27	-0.24	-0.31	-0.39	-0.43	-0.32	-0.05	0.20	0.36	0.40	0.36	0.33	0.34	0.32	0.25	0.16	0.08	-0.03	-0.07	-0.04	-0.06	-0.04	0.08	0.14	0.24	0.35	0.36	0.31	0.26	0.24	0.20	0.18	0.16	0.06	-0.01	-0.04
EBITDA	-338K	1.82M	-2.56M	-7.01M	-8.78M	-6.07M	4.51M	17.28M	23.97M	25.46M	23.05M	18.85M	18.33M	18.24M	17.19M	13.07M	8.27M	4.32M	2.01M	4.27M	6M	7.45M	12.15M	14.1M	17.02M	21.02M	21.81M	19.55M	17.06M	15.83M	13.4M	12.35M	11.52M	7.58M	4.34M	2.61M
EBIT	-9.32M	-7.21M	-11.48M	-15.81M	-17.51M	-12.49M	-1.79M	8.63M	15.45M	16.59M	16.43M	15.04M	14.91M	17.59M	15.36M	11.94M	8.99M	1.27M	-1.38M	480K	494K	1.85M	6.66M	8.84M	12.15M	16.52M	17.43M	15.2M	12.64M	11.22M	8.68M	7.52M	6.65M	2.67M	-743K	-2.66M
Depreciation & Amortization	8.98M	9.03M	8.92M	8.8M	8.72M	8.49M	8.37M	8.25M	8.12M	8.04M	7.81M	7.46M	7.08M	6.46M	5.63M	4.94M	4.33M	4.32M	4.67M	5.06M	5.53M	5.6M	5.49M	5.26M	4.87M	4.51M	4.38M	4.35M	4.42M	4.61M	4.72M	4.83M	4.87M	4.92M	5.08M	5.27M