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AXT AXTI Increase (Decrease) in Prepaid Expense and Other Assets

Increase (Decrease) in Prepaid Expense and Other Assets at other companies

Veeco Instruments logo
Veeco InstrumentsVECO
$859K-64.7%
Axcelis Technologies logo
Axcelis TechnologiesACLS
$10.09M+869%
UCT
Ultra Clean HoldingsUCTT
$7.3M+1,117%
Materion logo
MaterionMTRN
$8.41M-19.4%
Element Solutions logo
Element SolutionsESI
MP Materials logo
MP MaterialsMP

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$5.53B+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:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

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 increase (decrease) in prepaid expense and other assets?
AXT (AXTI) reported increase (decrease) in prepaid expense and other assets of $85K in Q1 2026.
How has AXT's increase (decrease) in prepaid expense and other assets changed year-over-year?
AXT's increase (decrease) in prepaid expense and other assets increased by 101.9% year-over-year, from -$4.53M to $85K.
What is the long-term trend for AXT's increase (decrease) in prepaid expense and other assets?
Over 2 years (2022 to 2024), AXT's increase (decrease) in prepaid expense and other assets has grown at a 31.2% compound annual growth rate (CAGR), from $3.49M to $6M.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.