AXT, Inc. designs, develops, manufactures and distributes high-performance compound semiconductor substrates. Our customers use our products to fabricate integrated circuits for electronic systems that operate the latest fiber optic communications, wireless communications and lighting display applications. Although our process and products are complex and technically sophisticated, our value message is elegantly straightforward - as expressed by our tagline's three AXT VGF attributes. They are:

Fremont, US
Size (employees)
686 (est)-34%
AXT was founded in 1986 and is headquartered in Fremont, US

AXT Office Locations

AXT has an office in Fremont
Fremont, US (HQ)
4281 Technology Dr

AXT Data and Metrics

AXT Financial Metrics

AXT's revenue was reported to be $81.3 m in FY, 2016 which is a 5% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

81.3 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

(54.9 b)

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

5 m

EBIT (FY, 2016)

6.4 b

Market capitalization (24-May-2017)

256.3 m

Closing share price (24-May-2017)


Cash (31-Dec-2016)

36.2 m
AXT's current market capitalization is $256.3 m.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


85.3 m83.5 m77.5 m81.3 m

Revenue growth, %


Cost of goods sold

73.5 m66.3 m60.7 b55 b

Gross profit

11.8 m17.2 m(60.6 b)(54.9 b)

Gross profit Margin, %


Operating expense total

19.5 m20 m21.7 b20 b


(7.7 m)(2.9 m)(4.9 b)6.4 b

EBIT margin, %


Pre tax profit

(2 b)

Income tax expense

188 k215 k531 m733 m

Net Income

(6.8 m)(697 k)(2.5 m)5 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


25 m28.8 m24.9 m36.2 m

Accounts Receivable


39.1 m38.6 m38 m40.2 m

Current Assets

99.5 m103.2 m96.9 m107.3 m


37.6 m33.9 m27.8 m

Total Assets

163.8 m161.5 m151.9 m154.2 m

Accounts Payable

8.1 m7.1 m6.5 m6.7 m

Current Liabilities

15.4 m14.8 m12.8 m13.1 m

Additional Paid-in Capital

194.2 m195.4 m194.6 m197.1 m

Retained Earnings

(67 m)(68.4 m)(70.6 m)(65 m)

Total Equity

145.5 m144.7 m137.6 m140.3 m

Financial Leverage

1.1 x1.1 x1.1 x1.1 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(6.8 m)(697 k)(2.5 b)5 m

Depreciation and Amortization

5.5 m5.6 m4.9 m

Accounts Receivable

2.2 m(3 m)3.5 m


1.4 m479 k38 m(3 m)

Accounts Payable

2.2 m(979 k)6.5 m524 k

Cash From Operating Activities

2.5 m3.8 m12.5 m

Purchases of PP&E

(5.4 m)(2 m)

Cash From Investing Activities

(6.2 m)142 k(1.1 m)

Cash From Financing Activities

(2.5 m)(32 k)1.3 m

Income Taxes Paid

782 k293 k788 k
Numbers are in $, USDY, 2016


77.8 k

Financial Leverage

1.1 x

AXT Market Value History

AXT News and Updates

AXT Company Life and Culture

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