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AXT INC

AXTI

$88.53 ▲ +14.73 (+19.96%) at close

18 Visible periods

31 Metrics

Peer-ranked Benchmarks

Price Chart

Health

Poor

Bearish

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Analytical Summary

AXT INC faces fundamental challenges with weakness in Profit Margin (%) and Operating Margin (%). The fundamentals warrant careful consideration of downside risks.

Market Cap $3.9B

Dividend Yield —

Revenue Growth -11.1% ↘

Op. Margin -24.9% ↘

ROIC -8.7% →

FCF / Share $-0.43 ↘

Trailing P/E —

Price / Book 17.9x

FCF Yield —

Debt / Equity 0.21

info Valuation on last close. End-of-day price, Aug 7, 2026.

18-Year Financial Trajectory

Annual

Metric Value Trend Year over Year Percentile

Revenue Total top-line sales

$88.33M

↓ -11.1% —

Net Income Profit after all expenses

$-21.26M

↓ -82.9% —

Operating Margin Operating profit as % of sales

-24.9%

↓ -67.0% 9th

FCF / Share Free cash flow per share

$-0.43

↓ -3.1% —

trending_up

Bullish Indicators

No bullish signals detected.

warning

Bearish Risks

Operating Margin (%)Operating Margin (%) is in the bottom quartile
Profit Margin (%)Profit Margin (%) is in the bottom quartile

Health Breakdown

Profitability ↑

Returns

Financial Health ↑

Cash Quality

Financial view

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📈 Is growth accelerating? 7 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue Growth YoY (%)	-11.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-193%)	31.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+159%)	-46.3% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-486%)	2.7% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-77%)	44.1% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+267%)	14.5% Good ↑ Good Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+21%)	-18.7% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-256%)	3.8% Caution ↓ Caution Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-69%)	21.3% Excellent ↑ Excellent Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+77%)	5.0% Caution ↑ Caution Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-59%)	-7.2% Weak → Weak Stable Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-160%)	-2.2% Weak ↑ Weak Improving Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-118%)	-3.4% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-129%)	-15.1% Weak ↓ Weak Declining Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-226%)	9.0% Fair Fair Year-over-year change in total revenue Optimal: > 10% vs Sector: Below avg (-25%)	72.5% Excellent Excellent Year-over-year change in total revenue Optimal: > 10% vs Sector: Above avg (+504%)	—	—
EPS Growth YoY (%)	-81.5% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	35.7% Excellent ↓ Excellent Declining Year-over-year change in earnings per share Optimal: > 10%	N/M	5.7% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	337.5% Excellent Excellent Year-over-year change in earnings per share Optimal: > 10%	N/M	N/M	-11.1% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	58.8% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	-40.0% Weak ↓ Weak Declining Year-over-year change in earnings per share Optimal: > 10%	80.0% Excellent ↑ Excellent Improving Year-over-year change in earnings per share Optimal: > 10%	N/M	-85.7% Weak Weak Year-over-year change in earnings per share Optimal: > 10%	5.0% Fair Fair Year-over-year change in earnings per share Optimal: > 10%	N/M	—	—
Net Income Growth YoY (%)	-82.9% Weak ↓ Weak Declining Year-over-year change in net income	35.0% Excellent ↓ Excellent Declining Year-over-year change in net income	N/M	8.5% Fair Fair Year-over-year change in net income	350.1% Excellent Excellent Year-over-year change in net income	N/M	N/M	-4.9% Weak ↓ Weak Declining Year-over-year change in net income	80.1% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	-60.5% Weak ↓ Weak Declining Year-over-year change in net income	82.6% Excellent ↑ Excellent Improving Year-over-year change in net income	N/M	-84.7% Weak Weak Year-over-year change in net income	8.9% Fair Fair Year-over-year change in net income	N/M	—	—
FCF Growth YoY (%)	-3.1% Weak ↑ Weak Improving Year-over-year change in free cash flow	-149.9% Weak ↓ Weak Declining Year-over-year change in free cash flow	81.2% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	-11.0% Weak ↑ Weak Improving Year-over-year change in free cash flow	-128.6% Weak ↓ Weak Declining Year-over-year change in free cash flow	-50.6% Weak → Weak Stable Year-over-year change in free cash flow	75.8% Excellent Excellent Year-over-year change in free cash flow	-180.9% Weak Weak Year-over-year change in free cash flow	N/M	—	—	—	N/M	180.4% Excellent ↑ Excellent Improving Year-over-year change in free cash flow	5.9% Fair Fair Year-over-year change in free cash flow	68.3% Excellent Excellent Year-over-year change in free cash flow	—	—
Revenue CAGR 3Y (%)	-14.5% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-10.2% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.4% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	19.2% Excellent ↑ Excellent Improving Compound annual revenue growth over 3 years	10.3% Good ↑ Good Improving Compound annual revenue growth over 3 years	-1.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	0.8% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	9.7% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	5.7% Fair ↑ Fair Improving Compound annual revenue growth over 3 years	-1.6% Weak ↑ Weak Improving Compound annual revenue growth over 3 years	-4.3% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-7.1% Weak ↓ Weak Declining Compound annual revenue growth over 3 years	-3.7% Weak Weak Compound annual revenue growth over 3 years	16.9% Excellent Excellent Compound annual revenue growth over 3 years	—	—	—	—
Revenue CAGR 5Y (%)	-1.5% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	3.6% Caution ↓ Caution Declining Compound annual revenue growth over 5 years	-5.8% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	7.4% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	11.1% Good ↑ Good Improving Compound annual revenue growth over 5 years	4.2% Fair ↑ Fair Improving Compound annual revenue growth over 5 years	-0.1% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	3.7% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	2.2% Caution ↑ Caution Improving Compound annual revenue growth over 5 years	-4.8% Weak ↓ Weak Declining Compound annual revenue growth over 5 years	-4.1% Weak Weak Compound annual revenue growth over 5 years	8.6% Good Good Compound annual revenue growth over 5 years	—	—	—	—	—	—
EPS CAGR 3Y (%)	—	—	—	—	13.4% Good Good Compound annual EPS growth over 3 years	-33.3% Weak Weak Compound annual EPS growth over 3 years	—	—	—	—	—	—	—	—	—	—	—	—

💰 Are margins durable? 5 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Operating Margin (%) (%)	-24.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-224%)	-14.9% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-174%)	-28.5% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-242%)	8.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-56%)	9.4% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-53%)	4.1% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-79%)	-0.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-102%)	11.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-41%)	12.8% Fair ↑ Fair Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-36%)	7.9% Caution ↑ Caution Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-61%)	-6.3% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-132%)	-3.4% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-117%)	-9.0% Weak ↓ Weak Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-145%)	6.7% Caution ↓ Caution Declining Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-66%)	26.4% Excellent ↑ Excellent Improving Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+32%)	21.1% Good Good Operating income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+6%)	-2.9% Weak Weak Operating income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-114%)	—
Effective Tax Rate (%) (%)	-7.7% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-10.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-0.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.4% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	6.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	28.7% Caution ↑ Caution Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-54.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	7.3% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.9% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	-26.5% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-44.6% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	-2.8% Excellent ↓ Excellent Declining Actual taxes paid relative to pre-tax income Optimal: 15-25%	12.2% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	9.8% Excellent ↑ Excellent Improving Actual taxes paid relative to pre-tax income Optimal: 15-25%	10.2% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	-45.6% Excellent Excellent Actual taxes paid relative to pre-tax income Optimal: 15-25%	—
Profit Margin (%) (%)	-24.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-260%)	-11.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-178%)	-23.6% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-257%)	11.2% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-25%)	10.6% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-29%)	3.4% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	-3.1% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-121%)	9.4% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-37%)	10.3% Fair ↑ Fair Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-31%)	6.9% Caution ↑ Caution Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-54%)	-2.9% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-119%)	-1.7% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-111%)	-9.3% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-162%)	3.5% Weak ↓ Weak Declining Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-77%)	19.5% Good ↑ Good Improving Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+30%)	19.5% Good Good Net income as a percentage of revenue Optimal: > 15% vs Sector: Above avg (+30%)	-3.4% Weak Weak Net income as a percentage of revenue Optimal: > 15% vs Sector: Below avg (-123%)	—
FCF Margin (%) (%)	-21.3% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-18.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-9.3% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-26.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-24.0% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-14.7% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-11.0% Weak ↑ Weak Improving Free cash flow as a percentage of revenue Optimal: > 10%	-36.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	-12.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	12.0% Fair Fair Free cash flow as a percentage of revenue Optimal: > 10%	—	—	-3.4% Weak ↓ Weak Declining Free cash flow as a percentage of revenue Optimal: > 10%	16.1% Good ↑ Good Improving Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak → Weak Stable Free cash flow as a percentage of revenue Optimal: > 10%	4.8% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	4.9% Weak Weak Free cash flow as a percentage of revenue Optimal: > 10%	—
FCF / Net Income (x)	0.88x Caution ↑ Caution Improving Free cash flow relative to reported net income Optimal: > 1x	1.54x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.40x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	-2.35x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-2.26x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-4.32x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	3.51x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	-3.87x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	-1.26x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	1.73x Excellent Excellent Free cash flow relative to reported net income Optimal: > 1x	—	—	0.37x Weak ↓ Weak Declining Free cash flow relative to reported net income Optimal: > 1x	4.57x Excellent ↑ Excellent Improving Free cash flow relative to reported net income Optimal: > 1x	0.25x Weak ↑ Weak Improving Free cash flow relative to reported net income Optimal: > 1x	0.25x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	-1.42x Weak Weak Free cash flow relative to reported net income Optimal: > 1x	—

🎯 Is capital allocation efficient? 3 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Return on Invested Capital (%)	-8.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-8.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-10.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.1% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	5.7% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	1.5% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-0.3% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	5.9% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	6.4% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	4.2% Caution ↑ Caution Improving Return earned on debt + equity capital invested Optimal: > 10%	-4.7% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-3.0% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	-5.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	3.6% Weak ↓ Weak Declining Return earned on debt + equity capital invested Optimal: > 10%	17.9% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	15.7% Excellent Excellent Return earned on debt + equity capital invested Optimal: > 10%	—	—
Return on Capital (%) (%)	-5.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.4% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-6.0% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.4% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	3.9% Weak ↑ Weak Improving Operating profit relative to total assets Optimal: > 10%	1.3% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-0.1% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	5.4% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	6.0% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	4.2% Caution ↑ Caution Improving Operating profit relative to total assets Optimal: > 10%	-3.2% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-1.8% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	-4.7% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	3.6% Weak ↓ Weak Declining Operating profit relative to total assets Optimal: > 10%	16.9% Excellent Excellent Operating profit relative to total assets Optimal: > 10%	14.4% Good Good Operating profit relative to total assets Optimal: > 10%	—	—
Return on Common Equity (%) (%)	-7.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-142%)	-6.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-133%)	-8.8% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-147%)	7.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-61%)	6.9% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-63%)	1.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-91%)	-1.4% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-107%)	5.1% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-73%)	5.5% Caution ↑ Caution Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-70%)	4.2% Weak ↑ Weak Improving Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-77%)	-1.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-109%)	-1.0% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-105%)	-5.7% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-131%)	2.2% Weak ↓ Weak Declining Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-88%)	14.6% Fair Fair Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-21%)	16.1% Good Good Profit generated per dollar of shareholder equity Optimal: > 15% vs Sector: Below avg (-13%)	—	—

⚖️ Is the balance sheet risky? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Debt to Equity (x)	0.21x Excellent ↓ Excellent Declining Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-52%)	0.24x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-47%)	0.26x Excellent ↑ Excellent Improving Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-42%)	0.21x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-53%)	0.06x Excellent Excellent Total debt relative to shareholder equity Optimal: < 0.6x vs Sector: Below avg (-87%)	—	—	—	—	—	—	—	—	—	—	—	—	—
Interest Coverage (x)	-12.26x Weak ↓ Weak Declining Operating income divided by interest expense Optimal: > 5x	-7.15x Weak Weak Operating income divided by interest expense Optimal: > 5x	-13.79x Weak Weak Operating income divided by interest expense Optimal: > 5x	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Debt (USD)	$-61.72M	$23.13M	$15.17M	$12.13M	$-24.53M	$-72.60M	$-26.89M	$-16.53M	$-44.35M	$-36.15M	$-24.88M	$-28.81M	$-24.96M	$-30.63M	$-26.16M	$-23.72M	$-16.93M	$-13.57M
Debt / EBITDA (x)	-4.55x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-7.89x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	-4.12x Excellent ↓ Excellent Declining Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	2.28x Fair Fair Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	0.61x Excellent Excellent Debt relative to earnings before interest, taxes, depreciation Optimal: < 2x	—	—	—	—	—	—	—	—	—	—	—	—	—

📊 What does each share earn? 6 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Revenue per Share (USD)	$2.01	$2.30	$1.78	$3.35	$3.32	$2.38	$2.11	$2.62	$2.64	$2.53	$2.41	$2.57	$2.61	$2.75	$3.27	$3.08	$1.82	—
Basic EPS, GAAP (USD)	$-0.49	$-0.27	$-0.42	$0.37	$0.35	$0.08	$-0.07	$0.24	$0.27	$0.17	$-0.07	$-0.05	$-0.25	$0.09	$0.63	$0.60	$-0.07	—
Free Cash Flow per Share (USD)	$-0.43	$-0.41	$-0.17	$-0.88	$-0.80	$-0.35	$-0.23	$-0.96	$-0.34	$0.30	—	—	$-0.09	$0.44	$0.16	$0.15	$0.09	—
Book Value per Share (USD)	$4.94	$4.25	$4.68	$5.09	$4.93	$4.59	$4.62	$4.77	$4.66	$4.03	$4.05	$4.21	$4.28	$4.42	$4.31	$3.63	—	—
Tangible Book Value per Share (USD)	$4.94	$4.25	$4.68	$5.09	$4.93	$4.59	$4.62	$4.77	$4.66	$4.03	$4.05	$4.21	$4.28	$4.42	$4.31	$3.63	—	—
Basic Weighted Avg Shares (shares)	43.93M	43.15M	42.64M	42.10M	41.37M	40.15M	39.49M	39.05M	37.44M	32.14M	32.18M	32.45M	32.70M	32.14M	31.87M	31.01M	30.50M	—

🏦 How resilient is the balance sheet? 2 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Working Capital (USD)	$156.01M	$84.10M	$89.10M	$108.22M	$112.36M	$125.44M	$85.68M	$99.83M	$117.93M	$91.33M	$84.05M	$88.42M	$84.11M	$93.38M	$92.22M	$82.12M	—	—
Total Equity (USD)	$273.29M	$192.77M	$203.99M	$221.61M	$211.53M	$192.62M	$187.88M	$190.84M	$183.82M	$133.01M	$131.97M	$138.26M	$139.67M	$143.61M	$138.78M	$115.76M	—	—

📋 What is driving earnings? 4 metrics

Metric	FY 2025 Dec 31, 2025 10-K ↗	FY 2024 Dec 31, 2024 10-K ↗	FY 2023 Dec 31, 2023 10-K ↗	FY 2022 Dec 31, 2022 10-K ↗	FY 2021 Dec 31, 2021 10-K ↗	FY 2020 Dec 31, 2020 10-K ↗	FY 2019 Dec 31, 2019 10-K ↗	FY 2018 Dec 31, 2018 10-K ↗	FY 2017 Dec 31, 2017 10-K ↗	FY 2016 Dec 31, 2016 10-K ↗	FY 2015 Dec 31, 2015 10-K ↗	FY 2014 Dec 31, 2014 10-K ↗	FY 2013 Dec 31, 2013 10-K ↗	FY 2012 Dec 31, 2012 10-K ↗	FY 2011 Dec 31, 2011 10-K ↗	FY 2010 Dec 31, 2010 10-K ↗	FY 2009 Dec 31, 2009 10-K ↗	FY 2008 Dec 31, 2008 10-K ↗
Sales/Revenue/Turnover (USD)	$88.33M	$99.36M	$75.80M	$141.12M	$137.39M	$95.36M	$83.26M	$102.40M	$98.67M	$81.35M	$77.50M	$83.50M	$85.33M	$88.37M	$104.12M	$95.49M	$55.36M	—
Depreciation Expense (USD)	$9.11M	$8.98M	$8.72M	$8.12M	$7.08M	$4.33M	$5.53M	$4.87M	$4.42M	$4.87M	$5.49M	$5.64M	$5.47M	$3.93M	$3.41M	$2.92M	$3.06M	—
Net Income, GAAP (USD)	$-21.26M	$-11.62M	$-17.88M	$15.81M	$14.57M	$3.24M	$-2.60M	$9.65M	$10.15M	$5.64M	$-2.23M	$-1.39M	$-7.96M	$3.11M	$20.32M	$18.65M	$-1.90M	—
Operating Cash Flow (USD)	$-12.78M	$-12.11M	$3.40M	$-8.77M	$-3.31M	$5.87M	$12.66M	$3.22M	$8.62M	$12.50M	—	—	$2.51M	$21.30M	$18.13M	$11.01M	$4.67M	—

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bar_chart Data from SEC EDGAR XBRL filings

Synced 1 week ago 18 years · 67 quarters

AXT INC

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