Income Statement - AXT INC (AXTI)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | Dec-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 88.33 | 99.36 | 75.80 | 141.12 | 137.39 | 95.36 | 83.26 | 102.40 | 98.67 | 81.35 | 77.50 | 83.50 | 85.34 | 88.37 | 104.12 | 95.49 | 55.36 | 73.08 | 58.20 | 44.45 |
| Cost of revenue | 77.08 | 75.53 | 62.48 | 89.00 | 89.98 | 65.09 | 58.43 | 65.35 | 64.20 | 54.97 | 60.67 | 66.33 | 73.51 | 63.52 | 59.34 | 59.00 | 41.50 | 55.12 | 37.94 | 31.71 |
| Gross profit | 11.24 | 23.84 | 13.32 | 52.12 | 47.41 | 30.28 | 24.83 | 37.05 | 34.48 | 26.38 | 16.83 | 17.17 | 11.83 | 24.85 | 44.78 | 36.50 | 13.87 | 17.96 | 20.26 | 12.74 |
| Total operating expenses | 33.22 | 38.64 | 34.89 | 39.57 | 34.52 | 26.34 | 25.14 | 24.90 | 21.84 | 19.73 | 21.73 | 19.11 | 19.49 | 18.89 | 17.31 | 16.31 | 14.96 | 17.92 | 14.96 | 16.42 |
| Operating income | -21.98 | -14.80 | -21.57 | 12.55 | 12.90 | 3.94 | -0.31 | 12.15 | 12.64 | 6.43 | -4.90 | -2.85 | -7.66 | 5.97 | 27.47 | 20.18 | -1.60 | -0.04 | 5.30 | -3.68 |
| Non-operating income (net) | 0.43 | 4.15 | 2.54 | 8.37 | 4.71 | 3.13 | -0.71 | -0.20 | -1.79 | -0.73 | 2.90 | 2.37 | 1.04 | 1.04 | 1.15 | 2.52 | 0.56 | 0.37 | 0.72 | 3.15 |
| Income before tax | -21.54 | -10.66 | -19.03 | 20.93 | 17.60 | 7.07 | -1.03 | 11.95 | 10.85 | 5.70 | -2.00 | -0.48 | -6.63 | 7.00 | 28.62 | 22.70 | -1.03 | 0.33 | 6.02 | -0.53 |
| Income tax expense | 1.66 | 1.13 | 0.16 | 2.19 | 1.09 | 2.03 | 0.56 | 0.94 | 0.79 | 0.73 | 0.53 | 0.22 | 0.19 | 0.85 | 2.80 | 2.32 | 0.47 | 1.02 | 0.73 | -1.45 |
| Net income | -21.26 | -11.62 | -17.88 | 15.81 | 14.58 | 3.24 | -1.59 | 9.65 | 10.15 | 5.64 | -2.23 | -1.39 | -7.96 | 3.11 | 20.32 | 18.65 | -1.90 | -0.69 | 5.29 | 0.94 |
Show Quarterly Income Statement
Income Statement - AXT INC (AXTI)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | Mar-08 | Dec-07 | Sep-07 | Jun-07 | Mar-07 | Dec-06 | Sep-06 | Jun-06 | Mar-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 26.92 | 23.04 | 27.96 | 17.97 | 19.36 | 25.11 | 23.65 | 27.92 | 22.69 | 20.43 | 17.37 | 18.60 | 19.41 | 26.80 | 35.18 | 39.49 | 39.65 | 37.73 | 34.58 | 33.74 | 31.35 | 27.04 | 25.47 | 22.13 | 20.72 | 18.41 | 19.84 | 24.80 | 20.21 | 22.23 | 28.63 | 27.12 | 24.42 | 26.33 | 28.17 | 23.56 | 20.62 | 20.27 | 21.87 | 20.50 | 18.71 | 18.06 | 18.37 | 21.01 | 20.06 | 19.57 | 23.14 | 21.45 | 19.35 | 18.60 | 20.52 | 23.83 | 22.38 | 18.93 | 20.81 | 25.15 | 23.49 | 21.22 | 28.31 | 30.03 | 24.57 | 26.87 | 26.81 | 23.18 | 18.64 | 17.84 | 16.82 | 13.06 | 7.65 | 15.65 | 17.86 | 19.93 | 19.63 | 17.56 | 14.47 | 13.64 | 12.53 | 13.07 | 12.55 | 10.36 | 8.47 |
| Cost of revenue | 18.95 | 18.22 | 21.73 | 16.54 | 20.60 | 20.70 | 17.96 | 20.27 | 16.59 | 15.80 | 15.50 | 16.88 | 14.30 | 18.20 | 20.40 | 24.05 | 26.35 | 25.59 | 23.08 | 21.50 | 19.81 | 17.87 | 16.65 | 15.37 | 15.20 | 14.55 | 14.08 | 16.29 | 13.51 | 16.38 | 18.01 | 16.11 | 14.85 | 16.53 | 17.04 | 16.30 | 14.33 | 12.75 | 14.29 | 14.47 | 13.46 | 14.97 | 13.77 | 16.63 | 15.32 | 14.60 | 17.82 | 17.29 | 16.63 | 15.79 | 18.08 | 20.75 | 18.90 | 15.24 | 15.34 | 17.65 | 15.29 | 13.36 | 16.07 | 16.01 | 13.91 | 16.17 | 16.28 | 14.64 | 11.91 | 11.78 | 11.28 | 10.54 | 7.89 | 14.89 | 13.33 | 13.49 | 13.41 | 12.27 | 9.94 | 8.61 | 7.12 | 8.08 | 9.07 | 7.60 | 6.96 |
| Gross profit | 7.98 | 4.83 | 6.22 | 1.43 | -1.24 | 4.41 | 5.68 | 7.65 | 6.09 | 4.63 | 1.87 | 1.72 | 5.11 | 8.60 | 14.78 | 15.44 | 13.31 | 12.14 | 11.50 | 12.24 | 11.54 | 9.16 | 8.82 | 6.77 | 5.52 | 3.87 | 5.76 | 8.51 | 6.70 | 5.85 | 10.61 | 11.01 | 9.57 | 9.80 | 11.13 | 7.26 | 6.29 | 7.52 | 7.58 | 6.03 | 5.25 | 3.09 | 4.61 | 4.39 | 4.75 | 4.97 | 5.32 | 4.16 | 2.72 | 2.81 | 2.45 | 3.09 | 3.48 | 3.68 | 5.47 | 7.51 | 8.19 | 7.86 | 12.24 | 14.03 | 10.66 | 10.70 | 10.53 | 8.54 | 6.73 | 6.05 | 5.54 | 2.52 | -0.24 | 0.76 | 4.54 | 6.44 | 6.22 | 5.29 | 4.53 | 5.03 | 5.41 | 4.99 | 3.48 | 2.76 | 1.51 |
| Total operating expenses | 9.56 | 8.66 | 7.35 | 8.18 | 9.03 | 10.57 | 9.09 | 9.54 | 9.44 | 8.19 | 8.59 | 8.56 | 9.55 | 9.60 | 10.22 | 10.15 | 9.61 | 9.11 | 9.11 | 8.33 | 7.98 | 7.24 | 6.65 | 6.29 | 6.16 | 6.67 | 6.24 | 6.17 | 6.07 | 6.49 | 6.28 | 6.49 | 5.64 | 6.06 | 5.89 | 4.96 | 4.92 | 5.21 | 4.88 | 4.89 | 4.76 | 4.76 | 5.32 | 5.16 | 6.49 | 5.56 | 4.67 | 4.68 | 4.21 | 4.43 | 5.07 | 5.25 | 4.73 | 4.59 | 4.79 | 4.89 | 4.62 | 4.53 | 4.17 | 4.41 | 4.20 | 5.08 | 3.81 | 3.55 | 3.87 | 2.97 | 3.68 | 3.84 | 4.47 | 4.05 | 5.46 | 4.15 | 4.25 | 3.73 | 3.47 | 3.61 | 4.16 | 3.78 | 4.45 | 4.42 | 3.76 |
| Operating income | -1.59 | -3.83 | -1.12 | -6.75 | -10.28 | -6.17 | -3.41 | -1.89 | -3.35 | -3.56 | -6.73 | -6.85 | -4.44 | -1.00 | 4.57 | 5.29 | 3.70 | 3.03 | 2.40 | 3.91 | 3.56 | 1.92 | 2.18 | 0.48 | -0.63 | -2.80 | -0.48 | 2.34 | 0.63 | -0.64 | 4.33 | 4.52 | 3.93 | 3.73 | 5.24 | 2.30 | 1.37 | 2.32 | 2.70 | 0.91 | 0.50 | -1.67 | -0.71 | -0.78 | -1.74 | -0.59 | 0.65 | -0.52 | -2.40 | -1.62 | -2.62 | -2.16 | -1.24 | -0.90 | 0.67 | 2.62 | 3.57 | 3.33 | 8.07 | 9.61 | 6.47 | 5.62 | 6.72 | 4.98 | 2.86 | 3.08 | 1.86 | -1.33 | -5.21 | -3.38 | -0.93 | 2.30 | 1.97 | 1.57 | 1.07 | 1.42 | 1.24 | 1.21 | -0.97 | -1.67 | -2.25 |
| Non-operating income (net) | 0.53 | 0.50 | -0.05 | -0.35 | 0.33 | 0.62 | 1.15 | 0.81 | 1.57 | 0.05 | 0.21 | 1.35 | 0.92 | 2.49 | 2.66 | 2.28 | 0.93 | 0.19 | 1.97 | 1.60 | 0.95 | 0.57 | -0.06 | 1.40 | 1.22 | 0.78 | 0.01 | 0.00 | -1.49 | -0.41 | 0.23 | 0.40 | -0.41 | -0.33 | -0.49 | -0.18 | -0.79 | -0.27 | -0.31 | 0.03 | -0.17 | 0.06 | 0.77 | 1.14 | 0.93 | 0.26 | 0.26 | 1.23 | 0.62 | 0.29 | 0.35 | 0.90 | -0.51 | 0.52 | 0.54 | 0.22 | -0.25 | 0.44 | 0.46 | 0.52 | -0.28 | 0.42 | 0.47 | 1.53 | 0.09 | -0.09 | 0.68 | 0.36 | -0.38 | 0.66 | 0.09 | -1.03 | 0.55 | 0.61 | -0.05 | -0.05 | 0.21 | 1.12 | 0.74 | 0.93 | 0.37 |
| Income before tax | -1.06 | -3.34 | -1.17 | -7.10 | -9.94 | -5.54 | -2.26 | -1.08 | -1.77 | -3.51 | -6.52 | -5.49 | -3.52 | 1.49 | 7.23 | 7.57 | 4.63 | 3.22 | 4.36 | 5.51 | 4.51 | 2.49 | 2.12 | 1.88 | 0.58 | -2.02 | -0.47 | 2.34 | -0.87 | -1.05 | 4.56 | 4.92 | 3.52 | 3.40 | 4.75 | 2.12 | 0.58 | 2.04 | 2.39 | 0.94 | 0.33 | -1.61 | 0.05 | 0.37 | -0.81 | -0.33 | 0.91 | 0.71 | -1.78 | -1.32 | -2.27 | -1.26 | -1.75 | -0.38 | 1.22 | 2.84 | 3.33 | 3.77 | 8.53 | 10.13 | 6.19 | 6.04 | 7.19 | 6.51 | 2.96 | 2.99 | 2.53 | -0.97 | -5.59 | -2.72 | -0.84 | 1.27 | 2.52 | 2.18 | 1.01 | 1.38 | 1.46 | 2.33 | -0.23 | -0.74 | -1.89 |
| Income tax expense | 0.43 | 0.50 | 0.50 | 0.58 | 0.07 | 0.11 | 0.63 | 0.12 | 0.27 | 0.25 | -0.10 | -0.14 | 0.15 | 0.00 | 0.50 | 1.03 | 0.66 | -0.41 | -0.14 | 0.89 | 0.75 | 0.11 | 0.64 | 0.92 | 0.37 | -0.21 | 0.02 | 0.60 | 0.16 | -0.17 | 0.41 | 0.37 | 0.33 | 0.13 | 0.18 | 0.32 | 0.16 | 0.02 | 0.18 | 0.14 | 0.40 | 0.20 | 0.01 | 0.24 | 0.09 | -0.04 | 0.04 | 0.15 | 0.06 | -0.13 | -0.20 | 0.34 | 0.18 | 0.29 | -0.23 | 0.41 | 0.38 | 0.16 | 0.67 | 1.06 | 0.90 | 0.65 | 0.87 | 0.56 | 0.25 | -0.04 | 0.20 | 0.31 | 0.00 | -0.35 | 0.18 | 0.64 | 0.56 | 0.30 | 0.15 | 0.16 | 0.11 | -1.05 | -0.86 | 0.14 | 0.32 |
| Net income | -1.62 | -3.55 | -1.91 | -7.01 | -8.80 | -5.09 | -2.94 | -1.52 | -2.08 | -3.62 | -5.82 | -5.09 | -3.35 | 1.34 | 5.76 | 5.55 | 3.17 | 2.97 | 3.80 | 4.39 | 3.43 | 2.06 | 0.99 | 0.36 | -0.18 | -2.05 | -0.90 | 1.41 | -1.10 | -1.06 | 3.90 | 3.86 | 2.83 | 3.09 | 4.38 | 1.89 | 0.62 | 2.17 | 2.19 | 1.11 | 0.04 | -1.24 | 0.04 | 0.00 | -1.02 | -0.31 | 0.60 | 0.28 | -2.04 | -1.23 | -2.30 | -2.04 | -2.38 | -0.76 | 0.89 | 1.26 | 1.59 | 2.57 | 6.48 | 7.06 | 4.21 | 4.90 | 5.64 | 5.54 | 2.58 | 2.78 | 2.12 | -1.28 | -5.52 | -2.37 | -1.01 | 0.74 | 1.96 | 1.87 | 0.86 | 1.21 | 1.34 | 3.38 | 0.64 | -0.88 | -2.21 |