AXT INC Income Statement
AXTI / Information Technology|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
AXT INC reported $88M in revenue and $21M in net loss for FY2025. Revenue has declined at a 1.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- Low Piotroski F-Score: 2/9 (multiple financial health concerns)
- Currently unprofitable: Net income is negative
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $88.3M | $99.4M | $75.8M | $141.1M | $137.4M | $95.4M | $83.3M | $102.4M | $98.7M | $81.3M | $77.5M | $83.5M | $85.3M | $88.4M | $104.1M |
| Cost of Revenue | $77.1M | $75.5M | $62.5M | $89.0M | $90.0M | $65.1M | $58.4M | $65.3M | $64.2M | $55.0M | $60.7M | $66.3M | $73.5M | $63.5M | $59.3M |
| Gross Profit | $11.2M | $23.8M | $13.3M | $52.1M | $47.4M | $30.3M | $24.8M | $37.0M | $34.5M | $26.4M | $16.8M | $17.2M | $11.8M | $24.9M | $44.8M |
| SG&A Expense | $24.2M | $24.1M | $22.8M | $25.7M | $24.2M | $19.2M | $19.3M | $19.0M | $17.0M | $13.9M | $16.1M | $15.0M | $16.1M | $15.4M | $14.8M |
| R&D Expense | $9.0M | $14.5M | $12.1M | $13.9M | $10.3M | $7.1M | $5.8M | $5.9M | $4.8M | $5.8M | $5.7M | $4.1M | $3.4M | $3.5M | $2.5M |
| Operating Income | -$22.0M | -$14.8M | -$21.6M | $12.6M | $12.9M | $3.9M | -$314.0K | $12.1M | $12.6M | $6.4M | -$4.9M | -$2.9M | -$7.7M | $6.0M | $27.5M |
| Income Tax | $1.7M | $1.1M | $160.0K | $2.2M | $1.1M | $2.0M | $562.0K | $938.0K | $792.0K | $733.0K | $531.0K | $215.0K | $188.0K | $853.0K | $2.8M |
| Net Income | -$21.3M | -$11.6M | -$17.9M | $15.8M | $14.6M | $3.2M | -$2.6M | $9.7M | $10.1M | $5.6M | -$2.2M | -$1.4M | -$8.0M | $3.1M | $20.3M |
| EPS (Basic) | -$0.42 | $0.37 | $0.35 | $0.08 | -$0.07 | $0.24 | $0.27 | $0.17 | -$0.07 | -$0.05 | -$0.25 | $0.09 | $0.63 | $0.60 | -$0.07 |
| EPS (Diluted) | -$0.42 | $0.37 | $0.34 | $0.07 | -$0.07 | $0.24 | $0.26 | $0.17 | -$0.07 | -$0.05 | -$0.25 | $0.09 | $0.61 | $0.57 | -$0.07 |
| Shares Outstanding | 45.4M | 44.2M | 43.6M | 42.9M | 42.0M | 40.6M | 40.0M | 39.4M | 33.0M | 32.5M | 32.8M | 32.6M | 32.5M | 32.2M | 31.9M |
| Gross Margin | 12.7% | 24.0% | 17.6% | 36.9% | 34.5% | 31.8% | 29.8% | 36.2% | 34.9% | 32.4% | 21.7% | 20.6% | 13.9% | 28.1% | 43.0% |
| Operating Margin | -24.9% | -14.9% | -28.5% | 8.9% | 9.4% | 4.1% | -0.4% | 11.9% | 12.8% | 7.9% | -6.3% | -3.4% | -9.0% | 6.8% | 26.4% |
| Profit Margin | -24.1% | -11.7% | -23.6% | 11.2% | 10.6% | 3.4% | -3.1% | 9.4% | 10.3% | 6.9% | -2.9% | -1.7% | -9.3% | 3.5% | 19.5% |