AXTI
Income statement / Annual
Last year (2025), AXT Inc's total revenue was $88.33 M,
a decrease of 11.11% from the previous year.
In 2025, AXT Inc's net income was -$21.26 M.
See AXT Inc,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2025
|
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2025 |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
| Operating Revenue |
$88.33 M |
$99.36 M |
$75.80 M |
$141.12 M |
$137.39 M |
$95.36 M |
$83.26 M |
$102.40 M |
$98.67 M |
$81.35 M |
| Cost of Revenue |
$77.08 M
|
$75.53 M
|
$62.48 M
|
$89.00 M
|
$89.98 M
|
$65.09 M
|
$58.43 M
|
$65.35 M
|
$64.20 M
|
$54.97 M
|
| Gross Profit |
$11.24 M
|
$23.84 M
|
$13.32 M
|
$52.12 M
|
$47.41 M
|
$30.28 M
|
$24.83 M
|
$37.05 M
|
$34.48 M
|
$26.38 M
|
| Gross Profit Ratio |
0.13
|
0.24
|
0.18
|
0.37
|
0.35
|
0.32
|
0.3
|
0.36
|
0.35
|
0.32
|
| Research and Development Expenses |
$9.05 M
|
$14.54 M
|
$12.08 M
|
$13.91 M
|
$10.33 M
|
$7.14 M
|
$5.83 M
|
$5.90 M
|
$4.83 M
|
$5.85 M
|
| General & Administrative Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling & Marketing Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$24.17 M
|
$24.10 M
|
$22.81 M
|
$25.65 M
|
$24.19 M
|
$19.20 M
|
$19.31 M
|
$19.00 M
|
$17.01 M
|
$13.88 M
|
| Other Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Operating Expenses |
$33.22 M
|
$38.64 M
|
$34.89 M
|
$39.57 M
|
$34.52 M
|
$26.34 M
|
$25.14 M
|
$24.90 M
|
$21.84 M
|
$19.73 M
|
| Cost And Expenses |
$110.30 M
|
$114.16 M
|
$97.36 M
|
$128.56 M
|
$124.50 M
|
$91.42 M
|
$83.57 M
|
$90.25 M
|
$86.03 M
|
$74.70 M
|
| Interest Income |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$217.00 K
|
$528.00 K
|
$461.00 K
|
$409.00 K
|
| Interest Expense |
$1.26 M
|
$1.34 M
|
$1.53 M
|
$1.07 M
|
$213.00 K
|
$179.00 K
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Depreciation & Amortization |
$0.00
|
$8.98 M
|
$8.72 M
|
$8.12 M
|
$7.08 M
|
$4.33 M
|
$5.53 M
|
$4.87 M
|
$4.42 M
|
$4.87 M
|
| EBITDA |
-$20.29 M |
-$338.00 K |
-$8.78 M |
$30.12 M |
$25.10 M |
$11.63 M |
$4.60 M |
$17.02 M |
$17.06 M |
$11.52 M |
| EBITDA Ratio |
-0.23
|
-0
|
-0.12
|
0.21
|
0.18
|
0.12
|
0.06
|
0.17
|
0.17
|
0.14
|
| Operating Income Ratio |
-0.25
|
-0.15
|
-0.28
|
0.09
|
0.09
|
0.04
|
-0
|
0.12
|
0.13
|
0.08
|
| Total Other Income/Expenses Net |
$432.00 K
|
$4.15 M
|
$2.54 M
|
$8.37 M
|
$4.71 M
|
$3.13 M
|
-$712.00 K
|
-$200.00 K
|
-$1.79 M
|
-$726.00 K
|
| Income Before Tax |
-$21.54 M
|
-$10.66 M
|
-$19.03 M
|
$20.93 M
|
$17.60 M
|
$7.07 M
|
-$1.03 M
|
$11.95 M
|
$10.85 M
|
$5.70 M
|
| Income Before Tax Ratio |
-0.24
|
-0.11
|
-0.25
|
0.15
|
0.13
|
0.07
|
-0.01
|
0.12
|
0.11
|
0.07
|
| Income Tax Expense |
$1.66 M
|
$1.13 M
|
$160.00 K
|
$2.19 M
|
$1.09 M
|
$2.03 M
|
$562.00 K
|
$938.00 K
|
$792.00 K
|
$733.00 K
|
| Net Income |
-$21.26 M
|
-$11.62 M
|
-$17.88 M
|
$15.81 M
|
$14.58 M
|
$3.24 M
|
-$2.60 M
|
$9.65 M
|
$10.15 M
|
$5.64 M
|
| Net Income Ratio |
-0.24
|
-0.12
|
-0.24
|
0.11
|
0.11
|
0.03
|
-0.03
|
0.09
|
0.1
|
0.07
|
| EPS |
-0.48 |
-0.27 |
-0.42 |
0.37 |
0.35 |
0.0762 |
-0.0402 |
0.25 |
0.27 |
0.17 |
| EPS Diluted |
-0.48 |
-0.27 |
-0.42 |
0.37 |
0.34 |
0.0746 |
-0.0402 |
0.24 |
0.26 |
0.17 |
| Weighted Average Shares Out |
$43.93 M
|
$43.15 M
|
$42.64 M
|
$42.10 M
|
$41.37 M
|
$40.15 M
|
$39.49 M
|
$39.05 M
|
$37.44 M
|
$32.14 M
|
| Weighted Average Shares Out Diluted |
$43.93 M
|
$43.15 M
|
$42.64 M
|
$42.72 M
|
$42.72 M
|
$41.03 M
|
$39.49 M
|
$40.27 M
|
$38.97 M
|
$32.89 M
|
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