For the quarter ending 2026-03-31, AXTI made $26,924K in revenue. -$1,620K in net income. Net profit margin of -6.02%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Revenue | 26,924 | 23,041 | 27,955 | 17,974 |
| Cost of revenue | 18,946 | 18,215 | 21,731 | 16,541 |
| Gross profit (loss) | 7,978 | 4,826 | 6,224 | 1,433 |
| Selling, general and administrative | 6,551 | 6,266 | 6,334 | 5,653 |
| Research and development | 3,012 | 2,393 | 1,013 | 2,525 |
| Total operating expenses | 9,563 | 8,659 | 7,347 | 8,178 |
| Loss from operations | -1,585 | -3,833 | -1,123 | -6,745 |
| Interest expense, net | - | 347 | 395 | 202 |
| Interest income (expense), net | 101 | - | - | - |
| Equity in income of unconsolidated joint ventures | 353 | 173 | 515 | -171 |
| Other income, net | 76 | 713 | -166 | 23 |
| Loss before provision for income taxes | -1,055 | -3,294 | -1,169 | -7,095 |
| Provision for income taxes | 430 | 543 | 504 | 579 |
| Net loss | -1,485 | -3,839 | -1,673 | -7,674 |
| Less net (income) loss attributable to noncontrolling interests and redeemable noncontrolling interests | 135 | -291 | 233 | -666 |
| Net loss attributable to axt, inc | -1,620 | -3,548 | -1,906 | -7,008 |
| Basic EPS | -0.03 | -0.08 | -0.04 | -0.16 |
| Diluted EPS | -0.03 | -0.08 | -0.04 | -0.16 |
| Basic Average Shares | 53,319,000 | 44,626,000 | 43,842,000 | 43,710,000 |
| Diluted Average Shares | 53,319,000 | 44,626,000 | 43,842,000 | 43,710,000 |
AXT INC (AXTI)
AXT INC (AXTI)