| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $88.3M-11.1% | $99.4M+31.1% | $75.8M-46.3% | $141.1M+2.7% | $137.4M+44.1% | $95.4M+14.5% | $83.3M-18.7% | $102.4M |
| Cost of revenue | $77.1M+2.1% | $75.5M+20.9% | $62.5M-29.8% | $89.0M-1.1% | $90.0M+38.2% | $65.1M+11.4% | $58.4M-10.6% | $65.3M |
| Gross profit | $11.2M-52.8% | $23.8M+79.0% | $13.3M-74.4% | $52.1M+9.9% | $47.4M+56.6% | $30.3M+22.0% | $24.8M-33.0% | $37.0M |
| Selling, general and administrative | $24.2M+0.3% | $24.1M+5.7% | $22.8M-11.1% | $25.7M+6.1% | $24.2M+26.0% | $19.2M-0.5% | $19.3M+1.6% | $19.0M |
| Research and development | $9.0M-37.8% | $14.5M+20.4% | $12.1M-13.2% | $13.9M+34.7% | $10.3M+44.8% | $7.1M+22.3% | $5.8M-1.1% | $5.9M |
| Total operating expenses | $33.2M-14.0% | $38.6M+10.8% | $34.9M-11.8% | $39.6M+14.6% | $34.5M+31.1% | $26.3M+4.8% | $25.1M+1.0% | $24.9M |
| Loss from operations | -$22.0M-48.5% | -$14.8M+31.4% | -$21.6M-271.8% | $12.6M-2.7% | $12.9M+227.3% | $3.9M+1354.8% | -$314K-102.6% | $12.1M |
| Interest expense, net | -$1.3M+6.2% | -$1.3M+12.2% | -$1.5M-42.6% | -$1.1M-402.8% | -$213K-19.0% | -$179K | — | — |
| Equity in income of unconsolidated joint ventures | $765K-77.8% | $3.4M+82.5% | $1.9M-68.4% | $6.0M+35.1% | $4.4M+3872.1% | $111K+105.9% | -$1.9M-73.7% | -$1.1M |
| Other income, net | $924K-54.9% | $2.0M-6.1% | $2.2M-37.5% | $3.5M+585.1% | $509K-84.1% | $3.2M+237.9% | $947K+169.0% | $352K |
| Loss before provision for income taxes | -$21.5M-102.2% | -$10.7M+44.0% | -$19.0M-190.9% | $20.9M+18.9% | $17.6M+148.9% | $7.1M+789.3% | -$1.0M-108.6% | $11.9M |
| Provision for income taxes | $1.7M+46.2% | $1.1M+608.8% | $160K-92.7% | $2.2M+99.9% | $1.1M-46.2% | $2.0M+261.4% | $562K-40.1% | $938K |
| Net loss | -$23.2M-96.8% | -$11.8M+38.6% | -$19.2M-202.4% | $18.7M+13.5% | $16.5M+227.5% | $5.0M+417.4% | -$1.6M-114.4% | $11.0M |
| Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests | $1.9M+1062.9% | $167K-87.3% | $1.3M+144.8% | -$2.9M-51.6% | -$1.9M-7.3% | -$1.8M-78.2% | -$1.0M+25.3% | -$1.4M |
| Net loss attributable to AXT, Inc. | -$21.3M-82.9% | -$11.6M+35.0% | -$17.9M-213.1% | $15.8M+8.5% | $14.6M+350.1% | $3.2M+224.5% | -$2.6M-126.9% | $9.7M |
| Basic (in dollars per share) | -$490.00-81.5% | -$270.00+35.7% | -$420.00-213.5% | $370.00+5.7% | $350.00+337.5% | $80.00+214.3% | -$70.00-129.2% | $240.00 |
| Diluted (in dollars per share) | -$490.00-81.5% | -$270.00+35.7% | -$420.00-213.5% | $370.00+8.8% | $340.00+385.7% | $70.00+200.0% | -$70.00-129.2% | $240.00 |
| Basic (in shares) | 43.9M+1.8% | 43.2M+1.2% | 42.6M+1.3% | 42.1M+1.8% | 41.4M+3.0% | 40.2M+1.7% | 39.5M+1.1% | 39.0M |
| Diluted (in shares) | 43.9M+1.8% | 43.2M+1.2% | 42.6M-0.2% | 42.7M-0.0% | 42.7M+4.1% | 41.0M+3.9% | 39.5M-1.9% | 40.3M |
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.