AXT Inc (AXTI) stock
AXTINasdaqSemiconductors & Related DevicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 11/30136% above fair value
$41.84−1.70 (-3.90%)
Close on Nov 13, 2026Market cap $2.74BP/E 93.0Yield –
AXT operating margin
Operating margin is operating income as a percentage of revenue.
AXT's operating margin for the twelve months ending Sep 30, 2026 was 19.6%. For fiscal 2025 it was -24.9%, against -14.9% the year before. The highest annual figure on record is 26.4% in fiscal 2011.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | -24.9% | −10.0 |
| FY2024 | Dec 31, 2024 | -14.9% | +13.6 |
| FY2023 | Dec 31, 2023 | -28.5% | −37.4 |
| FY2022 | Dec 31, 2022 | 8.9% | −0.5 |
| FY2021 | Dec 31, 2021 | 9.4% | +5.3 |
| FY2020 | Dec 31, 2020 | 4.1% | +4.5 |
| FY2019 | Dec 31, 2019 | -0.4% | −12.2 |
| FY2018 | Dec 31, 2018 | 11.9% | −0.9 |
| FY2017 | Dec 31, 2017 | 12.8% | +4.9 |
| FY2016 | Dec 31, 2016 | 7.9% | +14.2 |
| FY2015 | Dec 31, 2015 | -6.3% | −2.9 |
| FY2014 | Dec 31, 2014 | -3.4% | +5.6 |
| FY2013 | Dec 31, 2013 | -9.0% | −15.7 |
| FY2012 | Dec 31, 2012 | 6.7% | −19.6 |
| FY2011 | Dec 31, 2011 | 26.4% | +5.2 |
| FY2010 | Dec 31, 2010 | 21.1% | +24.0 |
| FY2009 | Dec 31, 2009 | -2.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 38.7% | +42.7 |
| Q2 FY2026 | Jun 30, 2026 | 21.9% | +59.4 |
| Q1 FY2026 | Mar 31, 2026 | -5.9% | +47.2 |
| Q4 FY2025 | Dec 31, 2025 | -16.6% | +7.9 |
| Q3 FY2025 | Sep 30, 2025 | -4.0% | +10.4 |
| Q2 FY2025 | Jun 30, 2025 | -37.5% | −30.8 |
| Q1 FY2025 | Mar 31, 2025 | -53.1% | −38.3 |
| Q4 FY2024 | Dec 31, 2024 | -24.6% | −7.1 |
| Q3 FY2024 | Sep 30, 2024 | -14.4% | +24.3 |
| Q2 FY2024 | Jun 30, 2024 | -6.8% | +30.1 |
| Q1 FY2024 | Mar 31, 2024 | -14.8% | +8.1 |
| Q4 FY2023 | Dec 31, 2023 | -17.4% | −13.7 |
| Q3 FY2023 | Sep 30, 2023 | -38.7% | −48.1 |
| Q2 FY2023 | Jun 30, 2023 | -36.8% | −44.9 |
| Q1 FY2023 | Mar 31, 2023 | -22.9% | −29.8 |
| Q4 FY2022 | Dec 31, 2022 | -3.7% | −15.3 |
| Q1 FY2022 | Mar 31, 2022 | 9.3% | −2.0 |
| Q4 FY2021 | Dec 31, 2021 | 8.0% | +0.9 |
| Q3 FY2021 | Sep 30, 2021 | 6.9% | −1.6 |
| Q2 FY2021 | Jun 30, 2021 | 11.6% | +9.4 |
| Q1 FY2021 | Mar 31, 2021 | 11.4% | +14.4 |
| Q4 FY2020 | Dec 31, 2020 | 7.1% | +22.3 |
| Q3 FY2020 | Sep 30, 2020 | 8.5% | +11.0 |
| Q2 FY2020 | Jun 30, 2020 | 2.2% | −7.3 |
| Q1 FY2020 | Mar 31, 2020 | -3.1% | −6.2 |
| Q4 FY2019 | Dec 31, 2019 | -15.2% | −12.3 |
| Q3 FY2019 | Sep 30, 2019 | -2.4% | −17.5 |
| Q2 FY2019 | Jun 30, 2019 | 9.4% | −7.2 |
| Q1 FY2019 | Mar 31, 2019 | 3.1% | −13.0 |
| Q4 FY2018 | Dec 31, 2018 | -2.9% | −17.1 |
| Q3 FY2018 | Sep 30, 2018 | 15.1% | −3.5 |
| Q2 FY2018 | Jun 30, 2018 | 16.7% | +6.9 |
| Q1 FY2018 | Mar 31, 2018 | 16.1% | +9.4 |
| Q4 FY2017 | Dec 31, 2017 | 14.2% | +2.7 |
| Q3 FY2017 | Sep 30, 2017 | 18.6% | +6.3 |
| Q2 FY2017 | Jun 30, 2017 | 9.7% | – |
| Q1 FY2017 | Mar 31, 2017 | 6.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 11.4% | – |
| Q3 FY2016 | Sep 30, 2016 | 12.3% | – |
See a number that looks wrong?