AXTINasdaqSemiconductors & Related DevicesFiscal year ends December 31
AXT INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 13, 2026
$56.79+5.32 (+10.34%)
Close on Oct 19, 2026
- Market cap
- $3.60B
- P/E (TTM)
- 2839.5
- Dividend yield
- –
AXT statistics
Financials through Jun 30, 2026, price as of Oct 19, 2026, median of Semiconductors & Related Devices companies for comparison
Valuation
| Measure | AXT | Industry median |
|---|---|---|
| Market Cap | $3.72B | $599.59M |
| Enterprise Value | $3.08B | $635.90M |
| PE Ratio | 2839.50 | 34.65 |
| PS Ratio | 29.67 | 3.08 |
| PB Ratio | 4.20 | 3.23 |
| P/TBV Ratio | 4.20 | 4.05 |
Enterprise value
| Measure | AXT | Industry median |
|---|---|---|
| EV / Sales | 24.56 | 2.69 |
| EV / EBITDA | 229.20 | 23.16 |
| EV / EBIT | 793.99 | 29.43 |
Income (trailing twelve months)
| Measure | AXT | Industry median |
|---|---|---|
| Revenue | $125.51M | $331.63M |
| Gross Profit | $40.39M | $96.76M |
| Operating Income | $3.88M | -$960.68K |
| Pretax Income | $9.57M | $931.00K |
| Net Income | $4.05M | -$2.96M |
| EBITDA | $13.45M | $1.08M |
| EPS (Diluted) | $0.02 | -$0.01 |
Margins
| Measure | AXT | Industry median |
|---|---|---|
| Gross Margin | 32.2% | 34.5% |
| Operating Margin | 3.09% | -0.16% |
| Pretax Margin | 7.62% | 1.47% |
| Profit Margin | 3.23% | -1.86% |
| EBITDA Margin | 10.7% | 3.20% |
| FCF Margin | -15.6% | 2.36% |
Returns
| Measure | AXT | Industry median |
|---|---|---|
| Return on Equity (ROE) | 0.76% | 0.52% |
| Return on Assets (ROA) | 0.57% | -2.40% |
| Return on Invested Capital (ROIC) | 1.14% | 1.48% |
| Return on Capital Employed (ROCE) | 0.40% | -0.10% |
Growth
| Measure | AXT | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 45.8% | 12.2% |
| Revenue Growth (3Y CAGR) | -14.5% | 1.62% |
| Revenue Growth (5Y CAGR) | -1.52% | 6.96% |
Balance sheet
| Measure | AXT | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $750.70M | $93.20M |
| Total Debt | $84.23M | $171.25M |
| Net Cash (Debt) | $666.47M | $9.36M |
| Net Cash Per Share | $10.16 | $0.28 |
| Equity (Book Value) | $887.27M | $197.10M |
| Book Value Per Share | $13.53 | $5.09 |
| Tangible Book Value | $887.27M | $69.20M |
| Working Capital | $473.15M | $157.77M |
Financial position
| Measure | AXT | Industry median |
|---|---|---|
| Current Ratio | 4.77 | 2.36 |
| Quick Ratio | 6.27 | 1.30 |
| Debt / Equity | 0.09 | 0.33 |
| Debt / EBITDA | 6.26 | 2.33 |
| Net Debt / EBITDA | -49.56 | 0.66 |
Cash flow (trailing twelve months)
| Measure | AXT | Industry median |
|---|---|---|
| Operating Cash Flow | -$5.76M | $3.66M |
| Capital Expenditures | -$13.80M | -$16.82M |
| Free Cash Flow | -$19.57M | $3.81M |
| FCF Per Share | -$0.30 | $0.19 |
Efficiency
| Measure | AXT | Industry median |
|---|---|---|
| Asset Turnover | 0.18 | 0.66 |
| Inventory Turnover | 0.97 | 3.10 |
| Revenue Per Employee | $117.08K | $368.15K |
| Profits Per Employee | $3.78K | -$9.66K |
| Employee Count | 1,072 | 478 |
Dividends and yields
| Measure | AXT | Industry median |
|---|---|---|
| Earnings Yield | 0.11% | -0.86% |
| FCF Yield | -0.53% | 0.72% |
Shares
| Measure | AXT | Industry median |
|---|---|---|
| Shares Outstanding | 65,573,200 | 50,177,700 |
| Shares Change (YoY) | 18.1% | 2.14% |
| Shares Change (QoQ) | 18.0% | 0.50% |
| Float | 60,464,400 | 49,945,100 |
| Shares Held by Insiders | 7.79% | 5.36% |
| Shares Held by Institutions | 71.6% | 67.4% |
Taxes
| Measure | AXT | Industry median |
|---|---|---|
| Income Tax | $3.54M | $3.54M |
| Effective Tax Rate | 37.0% | 18.1% |
Scores
| Measure | AXT | Industry median |
|---|---|---|
| Graham Number | $2.47 | $32.06 |
| Graham Upside | -95.7% | -64.1% |
| Altman Z-Score | 15.95 | 3.05 |
| Piotroski F-Score | 3 | 5 |
| Beneish M-Score | -2.10 | -2.58 |
Calculated by StockData from AXT's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.