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AXT AXTI Gross margin

Gross margin at other companies

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Veeco InstrumentsVECO
37.9%-3.5pp
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EntegrisENTG
44.6%-1.3pp
Applied Materials logo
Applied MaterialsAMAT
49%+0.8pp
Element Solutions logo
Element SolutionsESI
38.4%-3.4pp
Wolfspeed logo
WolfspeedWOLF
-31%-90.0pp
Axcelis Technologies logo
Axcelis TechnologiesACLS
43%-1.9pp

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

Profitability

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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

Calculated from AXT’s reported figures.

Based on trailing twelve months.

The source filing: AXT’s 10-Q, filed May 14, 2025. Open the filing →

Filed
May 14, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001558370-25-007751

FAQ

What is AXT's gross margin?
AXT (AXTI) reported gross margin of 17.2% in Q1 2025.
How has AXT's gross margin changed year-over-year?
AXT's gross margin decreased by 5.0% year-over-year, from 18.1% to 17.2%.
What is the long-term trend for AXT's gross margin?
Over 4 years (2020 to 2024), AXT's gross margin has grown at a -6.8% compound annual growth rate (CAGR), from 31.7% to 24%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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