Company / Gross Margin
AXT INC Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
12.7%
FY2025
5-year range
12.7% / 34.5%
FY2021-FY2025
Trend
-46.9%
vs FY2024
Sector context
#210 of 225
Information Technology
What the data says
Among 225 Information Technology companies, AXT INC is in the bottom 7% for gross margin. Gross Margin has fluctuated over the past 10 years, ranging from 12.7% in FY2025 to 36.2% in FY2020.
Based on SEC 10-K filings.
12.7% in FY2025 with a 5-year CAGR of -23.5%.
Declined from 34.5% to 12.7% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- -19.0pp
- 5-Year Change
- -23.5pp
- 10-Year Change
- -
Sector benchmark
Bottom 7% in Information TechnologyTop 93% of 225This company 12.7% Sector average 53.6%
▼
-76.3% below sector average
Key checks
Key Insights
- In FY2025, gross margin decreased 46.9% year-over-year.
- Currently 40.9pp below the Information Technology sector average.
- Peak gross margin was recorded in FY2020.
Company context
Key Data Points
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Altman Z-Score 0.89 (distress zone, below 1.8 threshold)
- Negative profit margin: -11.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 12.7% | -46.9% |
| FY2024 | 24.0% | -30.5% |
| FY2023 | 34.5% | +8.7% |
| FY2022 | 31.8% | +6.5% |
| FY2021 | 29.8% | -17.6% |
| FY2020 | 36.2% | +3.5% |
| FY2019 | 34.9% | +7.7% |
| FY2018 | 32.4% | +49.4% |
| FY2017 | 21.7% | -33.1% |
| FY2016 | 32.4% | +134.0% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026