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AXT AXTI Dingxing And Kazuo — Construction In Progress Gross

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Other financials

Income statement

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Revenue$26.9M+39.1%
Gross profit-$1.2M-120%
Operating income-$10.3M-207%
Net income-$1.5M+83.1%
EPS (diluted)-$0.20-300%

Balance sheet

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Cash & equivalents$41.8M+32.2%
Total debt$65.7M+23.6%
Total equity$274.9M+48.6%
Total assets$444.6M+33.3%

Cash flow

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Operating cash flow-$11.7M-249%
CapEx$1.4M+169%
Free cash flow-$13.1M-239%

Valuation

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Market cap$5.1B+4,825%

Profitability

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Gross margin17.2%-0.9pp
Operating margin-22.6%-2.5pp
Net margin-15.3%-2.5pp
FCF margin-30.5%

Returns & leverage

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Return on equity-6.4%-1.6pp
Debt / equity0.2×0.0×
Current ratio2.6×+0.6×

Where this comes from

Reported directly by AXT in its filing.

Tagged under the XBRL concept us-gaap:ConstructionInProgressGross.

The official record: AXT’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is AXT's dingxing and kazuo — construction in progress gross?
AXT (AXTI) reported dingxing and kazuo — construction in progress gross of $18.7M in Q1 2026.
What does dingxing and kazuo — construction in progress gross mean?
This metric represents the total historical cost of capital projects currently under development within the Dingxing and Kazuo manufacturing facilities that have not yet been placed into service. It serves as a key indicator of the company's investment in expanding production capacity or upgrading infrastructure for compound semiconductor substrate manufacturing. Monitoring this balance provides insight into the scale of future operational growth and the timing of potential capacity additions.