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AXT AXTI Total Cost of Revenue

Discontinued — last reported Q1 '25

Total Cost of Revenue at other companies

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$123.99M+15.7%

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$4.92B+5,110%
Enterprise value$4.94B+3,984%
P/S51.3×+50.2×

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:CostOfRevenue.

The source filing: AXT’s 10-Q, filed May 14, 2025.

Filed
May 14, 2025
Fiscal quarter
Q1 FY2025
Calendar quarter
Q1 2025
Accession
0001558370-25-007751
Line itemThree Months Ended / March 31, 2025Three Months Ended / March 31, 2024
Revenue$19,356$22,688
Cost of revenue20,59716,594
Gross profit (loss)(1,241)6,094
Operating expenses:
Selling, general and administrative5,9166,227
Research and development3,1183,214
Total operating expenses9,0349,441
Loss from operations(10,275)(3,347)

Item 1. Financial Statements (unaudited)

FAQ

What is AXT's total cost of revenue?
AXT (AXTI) reported total cost of revenue of $20.6M in Q1 2025.
How has AXT's total cost of revenue changed year-over-year?
AXT's total cost of revenue increased by 24.1% year-over-year, from $16.59M to $20.6M.
What is the long-term trend for AXT's total cost of revenue?
Over 3 years (2021 to 2024), AXT's total cost of revenue has grown at a -5.7% compound annual growth rate (CAGR), from $89.98M to $75.53M.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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