Company / Working Capital
AXT INC Working Capital History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
$156.0M
FY2025
5-year range
$84.1M / $156.0M
FY2021-FY2025
Trend
+85.5%
vs FY2024
Sector context
#224 of 311
Information Technology
What the data says
At $156M, AXT INC's working capital ranks #224 of 311 in the Information Technology sector. Working Capital returned to growth in FY2025 after 4 years of decline, reaching $156M.
Based on SEC 10-K filings.
$156M in FY2025 with a 5-year CAGR of +4.5%.
Improved from $89M to $156M over the past 2 years.
Information Technology sector context is included.
Working Capital over time
Growth rates
- 3-Year CAGR
- +13.0%
- 5-Year CAGR
- +4.5%
- 10-Year CAGR
- -
Sector benchmark
#224 of 311 in Information TechnologyTop 72% of 311This company $156.0M Sector average $1.7B
▼
-90.9% below sector average
Key checks
Key Insights
- 5-year CAGR of +4.5%, indicating consistent growth.
- In FY2025, working capital increased 85.5% year-over-year.
- Ranks #224 out of 311 companies in the Information Technology sector.
- Lowest working capital in the period was in FY2024.
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 | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $156.0M | +85.5% |
| FY2024 | $84.1M | -5.6% |
| FY2023 | $89.1M | -17.7% |
| FY2022 | $108.2M | -3.7% |
| FY2021 | $112.4M | -10.4% |
| FY2020 | $125.4M | +46.4% |
| FY2019 | $85.7M | -14.2% |
| FY2018 | $99.8M | -15.3% |
| FY2017 | $117.9M | +29.1% |
| FY2016 | $91.3M | +8.7% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026