Stocks Technology AXTI
NASDAQ · TechnologyAxt Inc (AXTI)
Axt Inc brought in $125.5M of revenue over the twelve months to June 30, 2026, up 45.8% from a year earlier. Net income was $4.1M, a net margin of 3.2%. In fiscal 2025 capital spending exceeded operating cash flow by $18.8M. At June 30, 2026 it held $412.2M in cash against $5.2M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 13, 2026.
Key facts about Axt Inc
- Net worth
- Axt Inc has a market value (market cap) of $2.8B at the latest share price, and shareholders' equity of $887.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $88.3M (-11.1% year on year), with a net loss of $21.3M. Over the 12 months to June 30, 2026: revenue $125.5M, net income $4.1M.
- Cash flow
- In fiscal 2025 operations used $12.8M of cash.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 13, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Next earnings report
- Axt Inc's next report is expected around January 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Axt Inc does
Axt Inc is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NASDAQ under the ticker AXTI.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $88.3M | -$21.3M | -$0.49 | -$18.8M |
| 2024 | $99.4M | -$11.6M | -$0.27 | -$17.9M |
| 2023 | $75.8M | -$17.9M | -$0.42 | -$7.1M |
| 2022 | $141.1M | $15.8M | $0.37 | -$37.2M |
| 2021 | $137.4M | $14.6M | $0.34 | -$33M |
| 2020 | $95.4M | $3.2M | $0.07 | -$14M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where AXTI ranks in Technology
Latest SEC filings
What Axt Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 9, 2026Passive stake (5% or more) SCHEDULE 13G
- November 6, 2026Passive stake changed SCHEDULE 13G/A
- October 29, 2026
- October 28, 2026
- October 5, 2026Passive stake changed SCHEDULE 13G/A
- August 13, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 165% to $47.6M versus the same quarter last year; diluted EPS $0.17 versus -$0.16.
- August 12, 2026Passive stake changed SCHEDULE 13G/A
- July 30, 2026
- July 29, 2026
- July 29, 2026
Insider trades
What the people running Axt Inc did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $384.3K worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| October 27, 2026 | Fischer Gary LCFO | Received as pay | 8,524 | - |
| October 27, 2026 | Young Morris SCEO, Director | Received as pay | 23,350 | - |
| August 17, 2026 | Leblanc Leonard JDirector | Sold | 4,000 | $384.3K |
| August 7, 2026 | Leblanc Leonard JDirector | Sold | 2,000 | $176.6K |
| June 15, 2026 | Chang David CDirector | Sold | 8,333 | $926.4K |
| June 15, 2026 | Chen JesseDirector | Sold | 6,172 | $711.3K |
| June 12, 2026 | Young Morris SCEO, Director | Gave as a giftindirect | 1,200 | - |
| June 12, 2026 | Chen JesseDirector | Sold | 13,000 | $1.2M |
Who owns AXTI
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Marex Securities Products Inc.13G, passive with 1 related filers | 7.2% | May 6, 2026 |
| Jane Street Group, LLC13G, passive with 3 related filers | 6.7% | August 12, 2026 |
| E20 Capital Ltd13G, passive | 5.5% | May 18, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 257 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 5,072,242 | +3,952,774 |
| Marex Group Ltd | 3,563,896 | +3,555,887 |
| Jane Street Group, LLC | 3,527,115 | +1,100,883 |
| Vanguard Capital Management LLC | 2,722,914 | +444,511 |
| D. E. Shaw & Co., Inc. | 2,250,085 | +1,473,829 |
| Assenagon Asset Management S.A. | 2,045,976 | +540,622 |
| Vanguard Portfolio Management LLC | 1,758,421 | new |
| Geode Capital Management, LLC | 1,736,210 | +1,148,531 |
| State Street Corp | 1,482,498 | +1,144,581 |
| Citadel Advisors LLC | 1,481,332 | +911,661 |
| Clear Street Group Inc. | 1,308,921 | new |
| Invesco Ltd. | 1,143,577 | +1,136,390 |
| Citigroup Inc | 1,055,074 | +102,374 |
| Millennium Management LLC | 854,322 | +115,128 |
| Goldman Sachs Group Inc | 819,556 | -113,939 |
| UBS Group AG | 654,117 | -442,519 |
| Bank of America Corp | 639,037 | -137,263 |
| Healthcare of Ontario Pension Plan Trust Fund | 615,377 | new |
| Morgan Stanley | 611,974 | -831,660 |
| Northern Trust Corp | 548,403 | +422,542 |
Insiders
5 insiders reported holding 4,881,131 shares in total, about $209.4M at the last price.
| Holder | Shares |
|---|---|
| Young Morris SCEO, Director | 4,320,0162,148,333 held indirectly |
| Fischer Gary LCFO | 199,802 |
| Chang David CDirector | 197,909132,744 held indirectly |
| Leblanc Leonard JDirector | 113,129 |
| Chen JesseDirector | 50,275 |
Questions about AXTI
What does Axt Inc do?
Axt Inc is a company in the Technology sector, listed on NASDAQ as AXTI. Its shares trade on NASDAQ under the ticker AXTI.
What is Axt Inc's net worth?
Axt Inc has a market value (market cap) of $2.8B at the latest share price, and shareholders' equity of $887.3M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Axt Inc profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $4.1M on revenue of $125.5M, a net margin of 3.2%.
How much revenue does Axt Inc make?
Over the twelve months to June 30, 2026 Axt Inc reported revenue of $125.5M. That is 45.8% more than a year earlier.
When did Axt Inc last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 13, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the passive stake (5% or more) from November 9, 2026.
When is Axt Inc's next earnings report?
Axt Inc's next report is expected around January 8, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Axt Inc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.