AXT, Inc. (AXTI) FinancialsAXTIAXT, Inc.

AXT, Inc. (AXTI) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Substrates, accounting for 71.6% of total sales, equivalent to $19.28M. Another important revenue stream is Raw Materials And Others. Understanding this composition is critical for investors evaluating how AXTI navigates market cycles within the Semiconductors industry.

Evaluating the bottom line, AXT, Inc. maintains a gross margin of 45.11%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 22.11%, while the net margin is 27.38%. These profitability ratios, combined with a Return on Equity (ROE) of 0.73%, provide a clear picture of how effectively AXTI converts its operational activities into shareholder value.

In the context of the broader market, AXTI competes directly with industry leaders such as VSH and OLED. With a market capitalization of $4.24B, it holds a significant position in the sector. When comparing efficiency, AXTI's gross margin of 45.11% stands against VSH's 23.34% and OLED's 71.99%. Such benchmarking helps identify whether AXT, Inc. is trading at a premium or discount relative to its financial performance.

AXT Inc has shown a significant turnaround in financial performance with a gross margin of 45.11% in Q2 2026, up from negative margins in earlier quarters. The company reported a net income of $13,030,000 in Q2 2026, a strong improvement from previous losses.