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AXT AXTI Operating Lease Liabilities

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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$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:OperatingLeaseLiabilityNoncurrent.

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 itemMarch 31, 2026December 31, 2025
Accrued liabilities12,86414,798
Short-term loans68,87162,796
Total current liabilities97,87690,541
Noncurrent operating lease liabilities1,3091,441
Other long-term liabilities8,4477,138
Total liabilities107,63299,120
Commitments and contingencies (Note 12)
Redeemable noncontrolling interests (Note 18)38,51638,056

Document

FAQ

What is AXT's operating lease liabilities?
AXT (AXTI) reported operating lease liabilities of $1.31M in Q1 2026.
How has AXT's operating lease liabilities changed year-over-year?
AXT's operating lease liabilities decreased by 29.4% year-over-year, from $1.86M to $1.31M.
What is the long-term trend for AXT's operating lease liabilities?
Over 5 years (2020 to 2025), AXT's operating lease liabilities has grown at a -9.5% compound annual growth rate (CAGR), from $2.37M to $1.44M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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