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AXT AXTI Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

UCT
Ultra Clean HoldingsUCTT
$74.2M+14.5%
Coherent logo
CoherentCOHR
$338.7M-4.5%
Cabot Corporation logo
Cabot CorporationCBT
$119M-27.0%
Element Solutions logo
Element SolutionsESI
Amkor Technology logo
Amkor TechnologyAMKR
GLW
CorningGLW

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$5.1B+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

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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:MinorityInterest.

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 noncontrolling interests in subsidiaries?
AXT (AXTI) reported noncontrolling interests in subsidiaries of $23.58M in Q1 2026.
How has AXT's noncontrolling interests in subsidiaries changed year-over-year?
AXT's noncontrolling interests in subsidiaries increased by 2.5% year-over-year, from $23.01M to $23.58M.
What is the long-term trend for AXT's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), AXT's noncontrolling interests in subsidiaries has grown at a 8.7% compound annual growth rate (CAGR), from $15.35M to $23.29M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.