What are AXT's profit margins?

AXT (AXTI) runs a 17.2% gross margin and a -22.6% operating margin, with a -15.3% net margin.

Where do AXT's ratios come from?

Every ratio is computed from AXT's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

AXT AXTI Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Net margin	-24.9%-13.2pp	-11.7%+11.9pp	-23.6%-34.8pp	11.2%+0.6pp
Free cash flow margin	-22.7%—	——	——	-27%-3.0pp
Returns
Return on equity	-9.4%-3.6pp	-5.9%+2.5pp	-8.4%-15.7pp	7.3%+0.1pp
Return on assets	-5.7%-2.4pp	-3.3%+1.6pp	-4.9%-9.4pp	4.5%-0.1pp
Efficiency
Asset turnover	0.2×-0.1×	0.3×+0.1×	0.2×-0.2×	0.4×0.0×
Liquidity
Current ratio	2.7×+0.6×	2.1×0.0×	2.1×-0.3×	2.4×-0.9×
Quick ratio	1.8×+0.8×	1×0.0×	1×-0.2×	1.2×-0.7×
Cash ratio	1.3×+1.0×	0.3×-0.2×	0.5×0.0×	0.5×-0.3×
Leverage
Debt-to-equity	0.2×0.0×	0.3×0.0×	0.3×+0.1×	0.2×+0.2×
Debt-to-assets	0.1×0.0×	0.1×0.0×	0.2×0.0×	0.1×+0.1×
Valuation
Market capitalization	$762.29M+685%	$97.11M-7.3%	$104.75M-45.1%	$190.76M-49.4%
Enterprise value	$702.64M+472%	$122.75M0.0%	$122.72M-40.0%	$204.7M-42.3%
Price / sales	8.6×+7.7×	1×-0.4×	1.4×0.0×	1.4×-1.4×
Price / book	2.8×+2.3×	0.5×0.0×	0.5×-0.3×	0.9×-0.9×
EV / sales	8×+6.7×	1.2×-0.4×	1.6×+0.2×	1.5×-1.1×
Free cash flow yield	-2.6%—	——	——	-20%-11.2pp
Earnings yield	-2.9%+9.1pp	-12%+5.1pp	-17.1%-25.4pp	8.3%+4.4pp

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Questions, answered.

What are AXT's profit margins?: AXT (AXTI) runs a 17.2% gross margin and a -22.6% operating margin, with a -15.3% net margin.
Where do AXT's ratios come from?: Every ratio is computed from AXT's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.