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NASDAQ · Technology

Axt 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.

Free, no password. An email when AXTI files with the SEC.

Price
$42.91
+10.37% on the day · November 9, 2026
52-week range $8.44 to $143.16
Market cap
$2.8B
Revenue (last 12 months)
$125.5M
+45.8% year on year
Net margin
3.2%

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

Revenue
FY18: $102.4M $102.4M FY18FY19: $83.3M $83.3M FY19FY20: $95.4M $95.4M FY20FY21: $137.4M $137.4M FY21FY22: $141.1M $141.1M FY22FY23: $75.8M $75.8M FY23FY24: $99.4M $99.4M FY24FY25: $88.3M $88.3M FY25
Net income
FY18: $9.7M $9.7M FY18FY19: -$2.6M -$2.6M FY19FY20: $3.2M $3.2M FY20FY21: $14.6M $14.6M FY21FY22: $15.8M $15.8M FY22FY23: -$17.9M -$17.9M FY23FY24: -$11.6M -$11.6M FY24FY25: -$21.3M -$21.3M FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$88.3M-$22M-$21.3M-$0.49-$18.8M
2024$99.4M-$14.8M-$11.6M-$0.27-$17.9M
2023$75.8M-$21.6M-$17.9M-$0.42-$7.1M
2022$141.1M$12.6M$15.8M$0.37-$37.2M
2021$137.4M$12.9M$14.6M$0.34-$33M
2020$95.4M$3.9M$3.2M$0.07-$14M

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Next report expected around January 8, 2027.

Estimated from its filing rhythm: 52 weeks after its report of January 9, 2026. Not a date the company has announced. See the report calendar · Earnings, quarter by quarter

Where AXTI ranks in Technology

Revenue$88.3M
#455 of 751 in Technology · Bottom 39%
Revenue growth-11.1%
#553 of 604 in Technology · Bottom 8%
Net margin-24.1%
#495 of 611 in Technology · Bottom 19%
Free cash flow margin-21.3%
#497 of 568 in Technology · Bottom 13%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Axt Inc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. November 9, 2026
  2. November 6, 2026
  3. October 29, 2026
  4. October 28, 2026
  5. October 5, 2026
  6. August 13, 2026
    Quarterly 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.
  7. August 12, 2026
  8. July 30, 2026
  9. July 29, 2026
  10. July 29, 2026

Recent insider filings (Forms 3, 4 and 144): 10, the latest on October 29, 2026. Insider transactions on SEC

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.

Bought (open market)
$0
last 90 days
Sold
$384.3K
last 90 days
Net sold
4,000
$384.3K
DateInsiderWhatSharesPriceValueFiling
October 27, 2026 Fischer Gary LCFO Received as pay 8,524 - - Form 4
October 27, 2026 Young Morris SCEO, Director Received as pay 23,350 - - Form 4
August 17, 2026 Leblanc Leonard JDirector Sold 4,000 $96.07 $384.3K Form 4
August 7, 2026 Leblanc Leonard JDirector Sold 2,000 $88.32 $176.6K Form 4
June 15, 2026 Chang David CDirector Sold 8,333 $111.17 $926.4K Form 4
June 15, 2026 Chen JesseDirector Sold 6,172 $115.24 $711.3K Form 4
June 12, 2026 Young Morris SCEO, Director Gave as a giftindirect 1,200 - - Form 4
June 12, 2026 Chen JesseDirector Sold 13,000 $95.77 $1.2M Form 4

All insider filings on SEC.gov · Where insiders are buying across the market

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

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

HolderOf classSharesFiled
Marex Securities Products Inc.13G, passive with 1 related filers 7.2% 4,005,709 May 6, 2026
Jane Street Group, LLC13G, passive with 3 related filers 6.7% 4,382,115 August 12, 2026
E20 Capital Ltd13G, passive 5.5% 2,586,756 May 18, 2026

Latest filings below 5%: Wade Massad 1.1% (May 8, 2026); The Vanguard Group 4.98% (April 30, 2025).

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.

HolderSharesValueChange on quarter
BlackRock, Inc.5,072,242$365.6M+3,952,774
Marex Group Ltd3,563,896$256.9M+3,555,887
Jane Street Group, LLC3,527,115$254.2M+1,100,883
Vanguard Capital Management LLC2,722,914$196.3M+444,511
D. E. Shaw & Co., Inc.2,250,085$162.2M+1,473,829
Assenagon Asset Management S.A.2,045,976$147.5M+540,622
Vanguard Portfolio Management LLC1,758,421$126.7Mnew
Geode Capital Management, LLC1,736,210$125.2M+1,148,531
State Street Corp1,482,498$106.9M+1,144,581
Citadel Advisors LLC1,481,332$106.8M+911,661
Clear Street Group Inc.1,308,921$94.3Mnew
Invesco Ltd.1,143,577$82.4M+1,136,390
Citigroup Inc1,055,074$76M+102,374
Millennium Management LLC854,322$61.6M+115,128
Goldman Sachs Group Inc819,556$59.1M-113,939
UBS Group AG654,117$47.1M-442,519
Bank of America Corp639,037$46.1M-137,263
Healthcare of Ontario Pension Plan Trust Fund615,377$44.4Mnew
Morgan Stanley611,974$44.1M-831,660
Northern Trust Corp548,403$39.5M+422,542

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

5 insiders reported holding 4,881,131 shares in total, about $209.4M at the last price.

HolderSharesAs of
Young Morris SCEO, Director 4,320,0162,148,333 held indirectly October 27, 2026
Fischer Gary LCFO 199,802 October 27, 2026
Chang David CDirector 197,909132,744 held indirectly June 15, 2026
Leblanc Leonard JDirector 113,129 August 17, 2026
Chen JesseDirector 50,275 June 15, 2026

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

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.