AXT INC
AXTI · XNASCIK 1051627fmd_0ZX8SHE6EFQG71DC99YDJBE4NWManufacturing · Semiconductors & Related DevicesTemplate: Standard
Coverage: Jan 01, 2009 to Sep 30, 2026, 67 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 81 | 99 | 102 | 83 | 95 | 137 | 141 | 76 | 99 | 88 |
| Cost of revenue | 55 | 64 | 65 | 58 | 65 | 90 | 89 | 62 | 76 | 77 |
| Gross profit | 26 | 34 | 37 | 25 | 30 | 47 | 52 | 13 | 24 | 11 |
| Research and development | 6 | 5 | 6 | 6 | 7 | 10 | 14 | 12 | 15 | 9 |
| Selling, general and administrative | 14 | 17 | 19 | 19 | 19 | 24 | 26 | 23 | 24 | 24 |
| Total operating expenses | 20 | 22 | 25 | 25 | 26 | 35 | 40 | 35 | 39 | 33 |
| Operating income | 6 | 13 | 12 | (0) | 4 | 13 | 13 | (22) | (15) | (22) |
| Interest expense | – | – | – | – | – | – | – | 2 | 1 | 1 |
| Other non-operating income (expense) | 1 | (1) | 0 | 1 | 3 | 1 | 3 | 2 | 2 | 1 |
| Income before taxes | 6 | 11 | 12 | (1) | 7 | 18 | 21 | (19) | (11) | (22) |
| Income tax expense | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 0 | 1 | 2 |
| Net income from continuing operations | 5 | 10 | 11 | (2) | 5 | 17 | 19 | (19) | (12) | (23) |
| Net income | 6 | 10 | 10 | (3) | 3 | 15 | 16 | (18) | (12) | (21) |
| Net income to common shareholders | 5 | 10 | 9 | (3) | 3 | 14 | 16 | (18) | (12) | (21) |