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AXT AXTI Short-Term Borrowings

Short-Term Borrowings at other companies

Applied Materials logo
Applied MaterialsAMAT
$1.2B+50.1%
SKY
SKYTSKYT
$172M+699%
Materion logo
MaterionMTRN
$17.48M-12.1%
Alcoa logo
AlcoaAA
$109M+142%

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$4.49B+4,655%
Enterprise value$4.51B+3,629%
P/S46.8×+45.7×

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:ShortTermBorrowings.

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

As of March 31, 2026, the outstanding balance of short-term loans was $63.8 million, with interest rates ranging from 2.0% to 3.8%. Of this amount, $45.2 million was unsecured, $10.7 million was secured by the time deposit of the Company, and $7.9 million was secured by real estate properties owned by certain subsidiaries. As of December 31, 2025, the outstanding balance of short-term loans was $58.6 million, with interest rates ranging from 2.2% to 3.9%. Of this amount, $43.0 million was unsecured, $7.4 million was secured by the time deposit of the Company, and $8.2 million was secured by real estate properties owned by certain subsidiaries. Time deposit pledged as collateral is classified as restricted cash and presented separately in the condensed consolidated balance sheets.

Document

FAQ

What is AXT's short-term borrowings?
AXT (AXTI) reported short-term borrowings of $63.8M in Q1 2026.
How has AXT's short-term borrowings changed year-over-year?
AXT's short-term borrowings increased by 25.7% year-over-year, from $50.76M to $63.8M.
What is the long-term trend for AXT's short-term borrowings?
Over 4 years (2021 to 2025), AXT's short-term borrowings has grown at a 48.0% compound annual growth rate (CAGR), from $12.23M to $58.6M.
What does short-term borrowings mean?
Bank lines of credit, revolving credit facilities, and other short-term debt instruments with maturities under one year.

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