AXT Inc revenue
AXT Inc's revenue was $88.3m in fiscal 2025, down 11.1% on the year before. Since fiscal 2009 ($55.4m) it has grown at a compound 3.0% a year. Over the last twelve months it was $126m.
Revenue history
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 95 | 104 | 88 | 85 | 83 | 78 | 81 | 99 | 102 | 83 | 95 | 137 | 141 | 76 | 99 | 88 | 126 |
| Growth on the year before | — | +72.5% | +9.0% | −15.1% | −3.4% | −2.2% | −7.2% | +5.0% | +21.3% | +3.8% | −18.7% | +14.5% | +44.1% | +2.7% | −46.3% | +31.1% | −11.1% | — |
| Gross profit | 14 | 36 | 45 | 25 | 12 | 17 | 17 | 26 | 34 | 37 | 25 | 30 | 47 | 52 | 13 | 24 | 11 | 40 |
| Gross margin | 25.1% | 38.2% | 43.0% | 28.1% | 13.9% | 20.6% | 21.7% | 32.4% | 34.9% | 36.2% | 29.8% | 31.7% | 34.5% | 36.9% | 17.6% | 24.0% | 12.7% | 32.2% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Substrates | $58.9M | 66.7% | ▼ 13.1% |
| Raw Materials and Other | $29.4M | 33.3% | ▼ 6.9% |
| Region | Revenue | Share | YoY |
|---|---|---|---|
| China | $55.1M | 62.4% | ▼ 1.9% |
| Taiwan | $13M | 14.8% | ▼ 7.5% |
| Europe | $11.2M | 12.6% | ▼ 19.0% |
| Japan | $4.9M | 5.6% | ▼ 1.5% |
| Asia Pacific Excluding China Taiwan and Japan | $2.4M | 2.8% | ▼ 13.4% |
| North America | $1.7M | 1.9% | ▼ 77.5% |
From AXT Inc's 10-K filed March 17, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| AXT Inc | $126m | 45.8% | 7.9% |
| Amtech Systems Inc | $81.7m | -2.4% | -11.5% |
| Aehr Test Systems | $50.0m | -15.2% | -8.4% |
| Camtek LTD | $496m | 15.6% | 79.8% |
| Cohu Inc | $569m | 34.0% | -6.2% |
| Veeco Instruments Inc | $683m | -2.5% | 2.1% |
Compare with peers
- Amtech Systems Inc revenue
- Aehr Test Systems revenue
- Camtek LTD revenue
- Cohu Inc revenue
- Veeco Instruments Inc revenue
Head to head: ASYS vs AXTIAEHR vs AXTIAXTI vs CAMT
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