What is AXT's PP&E (net)?

AXT (AXTI) reported PP&E (net) of $164.62M in Q1 2026.

How has AXT's PP&E (net) changed year-over-year?

AXT's PP&E (net) increased by 3.5% year-over-year, from $159.04M to $164.62M.

What is the long-term trend for AXT's PP&E (net)?

Over 5 years (2020 to 2025), AXT's PP&E (net) has grown at a 6.9% compound annual growth rate (CAGR), from $115.83M to $161.86M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

AXT AXTI PP&E (Net)

PP&E (Net) at other companies

Veeco InstrumentsVECO

$107.82M-5.2%

Rogers CorporationROG

$363.9M-3.1%

EntegrisENTG

$1.64B-1.0%

Applied MaterialsAMAT

$5.26B+37.1%

WolfspeedWOLF

$717.1M-81.7%

KLA CorporationKLAC

$1.36B+13.8%

Other financials

Income statement

See full

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

See full

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

See full

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

See full

Gross margin17.2%-0.9pp

Operating margin-22.6%-2.5pp

Net margin-15.3%-2.5pp

FCF margin-30.5%—

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: AXT (AXTI) reported PP&E (net) of $164.62M in Q1 2026.
How has AXT's PP&E (net) changed year-over-year?: AXT's PP&E (net) increased by 3.5% year-over-year, from $159.04M to $164.62M.
What is the long-term trend for AXT's PP&E (net)?: Over 5 years (2020 to 2025), AXT's PP&E (net) has grown at a 6.9% compound annual growth rate (CAGR), from $115.83M to $161.86M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.