For the year ending 2025-12-31, AXTI made $88,326K in revenue. -$21,260K in net income. Net profit margin of -24.07%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | 88,326 | 99,361 | 75,795 | 141,118 |
| Cost of revenue | 77,084 | 75,525 | 62,477 | 88,997 |
| Gross profit | 11,242 | 23,836 | 13,318 | 52,121 |
| Selling, general and administrative | 24,169 | 24,096 | 22,806 | 25,654 |
| Research and development | 9,049 | 14,543 | 12,081 | 13,913 |
| Total operating expenses | 33,218 | 38,639 | 34,887 | 39,567 |
| Loss from operations | -21,976 | -14,803 | -21,569 | 12,554 |
| Interest expense, net | 1,257 | -1,340 | -1,527 | -1,071 |
| Equity in income of unconsolidated joint ventures | 765 | 3,439 | 1,884 | 5,957 |
| Other income, net | 924 | 2,047 | 2,179 | 3,487 |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | -21,500 | -10,700 | -19,000 | 20,927 |
| Income Tax Expense Benefit | 1,700 | 1,134 | 200 | 2,185 |
| Net loss | -23,202 | -11,791 | -19,193 | 18,742 |
| Less net loss attributable to noncontrolling interests and redeemable noncontrolling interests | -1,942 | -167 | -1,312 | 2,931 |
| Net loss attributable to axt, inc | -21,260 | -11,624 | -17,881 | 15,811 |
| Basic EPS | -0.49 | -0.27 | -0.42 | 0.37 |
| Diluted EPS | -0.49 | -0.27 | -0.42 | 0.37 |
| Basic Average Shares | 43,933,000 | 43,154,000 | 42,643,000 | 42,104,000 |
| Diluted Average Shares | 43,933,000 | 43,154,000 | 42,643,000 | 42,715,000 |
AXT INC (AXTI)
AXT INC (AXTI)