Develops semiconductor wafers for optoelectronic devices.
Jun 2026Revenue $126M/yrExpenses $122M/yr
No trend
Figures by year
Is AXT profitable?
Yes. In the 12 months to Jun 2026, revenue was $126M and expenses $122M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $88.3M | $110M | −$22.0M |
| Dec 2024 | $99.4M | $114M | −$14.8M |
| Dec 2023 | $75.8M | $97.4M | −$21.6M |
| Dec 2022 | $141M | $129M | $12.6M |
| Dec 2021 | $137M | $124M | $12.9M |
| Dec 2020 | $95.4M | $91.4M | $3.94M |
| Dec 2019 | $83.3M | $83.6M | −$314K |
| Dec 2018 | $102M | $90.3M | $12.1M |
| Dec 2017 | $98.7M | $86.0M | $12.6M |
| Dec 2016 | $81.3M | $74.9M | $6.42M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.