What is AXT's deferred taxes?

AXT (AXTI) reported deferred taxes of $97K in Q1 2026.

How has AXT's deferred taxes changed year-over-year?

AXT's deferred taxes increased by 981.8% year-over-year, from -$11K to $97K.

What is the long-term trend for AXT's deferred taxes?

Over 3 years (2021 to 2025), AXT's deferred taxes has grown at a -66.5% compound annual growth rate (CAGR), from $2.34M to -$88K.

What does deferred taxes mean?

Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.

AXT AXTI Deferred Taxes

Deferred Taxes at other companies

Veeco InstrumentsVECO

-$1.09M-169%

Rogers CorporationROG

-$800K+82.6%

EntegrisENTG

-$18.5M-14.2%

Applied MaterialsAMAT

-$152M-3,700%

WolfspeedWOLF

$1M—

KLA CorporationKLAC

-$31.73M+54.0%

Other financials

Income statement

See full

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

See full

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:DeferredIncomeTaxesAndTaxCredits.

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 deferred taxes?: AXT (AXTI) reported deferred taxes of $97K in Q1 2026.
How has AXT's deferred taxes changed year-over-year?: AXT's deferred taxes increased by 981.8% year-over-year, from -$11K to $97K.
What is the long-term trend for AXT's deferred taxes?: Over 3 years (2021 to 2025), AXT's deferred taxes has grown at a -66.5% compound annual growth rate (CAGR), from $2.34M to -$88K.
What does deferred taxes mean?: Non-cash deferred tax expense or benefit representing the change in deferred tax assets/liabilities during the period.