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AXT AXTI Operating margin

Operating margin at other companies

Veeco Instruments logo
Veeco InstrumentsVECO
3.1%-5.2pp
Entegris logo
EntegrisENTG
14.7%-1.9pp
Applied Materials logo
Applied MaterialsAMAT
28.6%-1.1pp
Element Solutions logo
Element SolutionsESI
13.4%-0.4pp
Axcelis Technologies logo
Axcelis TechnologiesACLS
11.6%-7.5pp
Amkor Technology logo
Amkor TechnologyAMKR
7.6%+1.3pp

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
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 official record: AXT’s 10-Q, filed May 14, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is AXT's operating margin?
AXT (AXTI) reported operating margin of -22.6% in Q1 2025.
How has AXT's operating margin changed year-over-year?
AXT's operating margin increased by 12.6% year-over-year, from -25.9% to -22.6%.
What is the long-term trend for AXT's operating margin?
Over 4 years (2020 to 2024), AXT's operating margin has grown at a 37.8% compound annual growth rate (CAGR), from 4.1% to -14.9%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.