AXT INC R&D Expense History
AXTI / Information Technology|10 years of SEC 10-K data (FY2016-FY2025)
$9M in FY2025 with a 5-year CAGR of +4.9%.
Declined from $12M to $9M over the past 2 years.
Among 253 Information Technology companies, AXT INC is in the bottom 2% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $5M in FY2017 to $15M in FY2024.
Based on SEC 10-K filings.
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.
- 3-Year CAGR
- -13.4%
- 5-Year CAGR
- +4.9%
- 10-Year CAGR
- -
R&D Expense Trend
Bottom 2% in Information TechnologyTop 98% of 253This company $9.0M Sector average $1.0B
▼
-99.1% below sector average
Key Insights
- 5-year CAGR of +4.9%, indicating consistent growth.
- In FY2025, r&d expense decreased 37.8% year-over-year.
- Ranks #248 out of 253 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2024.
Annual Data
| Year | R&D Expense | YoY Growth |
|---|---|---|
| FY2025 | $9.0M | -37.8% |
| FY2024 | $14.5M | +20.4% |
| FY2023 | $12.1M | -13.2% |
| FY2022 | $13.9M | +34.7% |
| FY2021 | $10.3M | +44.8% |
| FY2020 | $7.1M | +22.3% |
| FY2019 | $5.8M | -1.1% |
| FY2018 | $5.9M | +22.2% |
| FY2017 | $4.8M | -17.5% |
| FY2016 | $5.8M | +3.3% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026