The table below shows AXT INC's income statement by quarter, as reported in the company's quarterly filings. All figures are in US dollars; negative values appear in red.
Line item
Q1 2026
Q3 2025
Q2 2025
Q1 2025
Q3 2024
Q2 2024
Revenue
-
-
-
$19.36M
$23.64M
$27.92M
Cost of revenue
$18.95M
$21.73M
$16.54M
$20.60M
$17.96M
$20.27M
Gross profit
$7.98M
$6.22M
$1.43M
-$1.24M
$5.68M
$7.65M
R&D
$3.01M
$1.01M
$2.52M
$3.12M
$3.44M
$3.76M
AXTI annual revenue (10-K history)
AXT INC reported annual revenue of $88.33M for fiscal year 2025. That is down 11.1% from $99.36M in fiscal 2024. Over the 10 fiscal years shown, annual revenue grew from $81.35M (FY 2016) to $88.33M. Figures come from the company's audited annual reports as filed with the SEC.