AXT (AXTI)
Makes InP, GaAs, and Ge wafers for optical and electronic devices.
$78.42
After hours+0.62 (+0.80%)
At close$77.80(−2.66%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 20 | 23 | 28 | 24 | 25 | 19 | 18 | 28 | 23 | 27 | 48 |
| Cost of revenue | 16 | 16 | 17 | 20 | 18 | 21 | 21 | 17 | 22 | 18 | 19 | 26 |
| Gross profit | 2 | 5 | 6 | 8 | 6 | 4 | −1 | 1 | 6 | 5 | 8 | 21 |
| 9 | 8 | 9 | 10 | 9 | 11 | 9 | 8 | 7 | 9 | 10 | 11 | |
| Research & development | 3 | 3 | 3 | 4 | 3 | 4 | 3 | 3 | 1 | 2 | 3 | 4 |
| Selling, general & administrative | 6 | 5 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 7 | 7 |
| Other expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | −7 | −4 | −3 | −2 | −3 | −6 | −10 | −7 | −1 | −4 | −2 | 10 |
| 0 | 0 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 5 | |
| Interest income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-operating income | −1 | 0 | −2 | −1 | −2 | −1 | −1 | 0 | 0 | −1 | 0 | 0 |
| Income before tax | −7 | −4 | −2 | −1 | −2 | −6 | −10 | −7 | −1 | −3 | −1 | 15 |
| Income tax expense | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | 1 | 0 | 2 |
| Net income from continuing operations | −6 | −4 | −2 | −1 | −3 | −6 | −10 | −8 | −2 | −4 | −1 | 13 |
| Net income | −6 | −4 | −2 | −2 | −3 | −5 | −9 | −7 | −2 | −4 | −2 | 11 |
| EPS, basic | −$0.14 | −$0.09 | −$0.05 | −$0.04 | −$0.07 | −$0.12 | −$0.20 | −$0.16 | −$0.04 | −$0.08 | −$0.03 | $0.18 |
| EPS, diluted | −$0.14 | −$0.09 | −$0.05 | −$0.04 | −$0.07 | −$0.12 | −$0.20 | −$0.16 | −$0.04 | −$0.08 | −$0.03 | $0.18 |
| Weighted average shares, basic | 43 | 43 | 43 | 43 | 43 | 43 | 44 | 44 | 44 | 45 | 53 | 61 |
| Weighted average shares, diluted | 43 | 43 | 43 | 43 | 43 | 43 | 44 | 44 | 44 | 45 | 53 | 63 |
| EBITDA | −4 | −1 | 1 | 1 | 0 | −3 | −7 | −5 | 2 | −1 | 1 | 13 |
| Depreciation & amortization | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| EBIT | −6 | −3 | −1 | −1 | −2 | −5 | −10 | −7 | −1 | −3 | −2 | 10 |
