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CapEx at other companies

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Element SolutionsESI
$27.9M+57.6%
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$30M-92.5%
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Axcelis TechnologiesACLS
$3.55M+79.0%

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%
Free cash flow-$13.1M-239%

Valuation

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Market cap$4.92B+5,110%
Enterprise value$4.94B+3,984%
P/S51.3×+50.2×

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:PaymentsToAcquirePropertyPlantAndEquipment.

The source filing: AXT’s 10-Q, filed May 14, 2026.

Filed
May 14, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001437749-26-017054
Line itemThree Months Ended / March 31, 2026Three Months Ended / March 31, 2025
Other long-term liabilities(1,812)(978)
Net cash used in operating activities(11,684)(3,346)
Cash flows from investing activities:
Purchases of property, plant and equipment(1,372)(510)
Purchases of available-for-sale debt securities(65,888)
Investments in non-marketable equity investments(276)
Net cash used in investing activities(67,260)(786)
Cash flows from financing activities:

Document

FAQ

What is AXT's capex?
AXT (AXTI) reported capex of $1.37M in Q1 2026.
How has AXT's capex changed year-over-year?
AXT's capex increased by 169.0% year-over-year, from $510K to $1.37M.
What is the long-term trend for AXT's capex?
Over 4 years (2021 to 2025), AXT's capex has grown at a -32.9% compound annual growth rate (CAGR), from $29.65M to $6M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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