AXTI
64.77
+0.07 (+0.11%)
USD · NASDAQ
52-week range
3.70
143.16
Trading at 44% of the 52-week range
Market Cap
4.24B
P/E Ratio
2,156.67
Forward P/E
29.07
Book Value
13.77
Div. Yield
N/A
% Institutions
73.38%
% Insiders
3.98%

1 Year

+1,810.6%

3 Year

+2,598.8%

10 Year

+1,431.2%
Description

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it offers 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

Company Information

Company Name
AXT Inc
Sector
Technology
Industry
Semiconductor Equipment & Materials
Exchange
NASDAQ
ISIN: US00246W1036
CIK: 0001051627
CUSIP: 00246W103
Currency: USD
Full Time Employees: 1,541
Phone: 510 438 4700
Website: axt.com
Fiscal Year End: December
IPO Date: May 21, 1998
Description:

AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company provides indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also offers semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, laser machining, cutting and drilling, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers. In addition, the company provides germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it offers 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.

Address:

4281 Technology Drive, Fremont, CA, United States, 94538

People

Directors & Officers

Name Title Year Born
Dr. Morris S. Young Ph.D. Co-Founder, CEO & Chairman 1945
Mr. Gary L. Fischer CFO, VP & Corporate Secretary 1952
Dr. Wei Gao Chief Technical Officer NA
Mr. Timothy J. Bettles Vice President of Business Development, Strategic Sales & Marketing NA

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Mar 13, 2026 Morris S Young N/A Sale 37.91K $51.13 $1.94M
Mar 13, 2026 Jesse Chen N/A Sale 8.08K $50.25 $406.17K
Mar 12, 2026 Jesse Chen N/A Sale 6.00K $48.95 $293.85K
Mar 11, 2026 Jesse Chen N/A Sale 15.00K $47.13 $706.95K
Mar 10, 2026 David C Chang N/A Sale 20.00K $46.00 $920.00K
Mar 10, 2026 Jesse Chen N/A Sale 14.00K $46.15 $646.10K
Mar 10, 2026 Morris S Young N/A Sale 30.83K $45.60 $1.41M
Mar 09, 2026 Jesse Chen N/A Sale 12.45K $37.69 $469.32K
Mar 09, 2026 Morris S Young N/A Sale 125.89K $36.51 $4.60M
Mar 06, 2026 Jesse Chen N/A Sale 2.00K $36.63 $73.26K
Mar 06, 2026 Morris S Young N/A Sale 8.30K $39.65 $329.10K
Mar 05, 2026 Jesse Chen N/A Sale 11.15K $38.26 $426.48K
Mar 04, 2026 David C Chang N/A Sale 20.00K $38.53 $770.60K
Mar 04, 2026 Jesse Chen N/A Sale 8.80K $38.83 $341.70K
Mar 03, 2026 Jesse Chen N/A Sale 11.01K $40.49 $445.67K
Mar 02, 2026 Jesse Chen N/A Sale 11.32K $45.59 $516.08K
Mar 02, 2026 Morris S Young N/A Sale 159.54K $43.32 $6.91M
Dec 09, 2025 David C Chang N/A Sale 25.00K $14.84 $371.00K
Dec 04, 2025 Morris S Young N/A Sale 35.00K $12.05 $421.75K
Dec 02, 2025 David C Chang N/A Sale 25.00K $12.33 $308.25K

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Jane Street Group LLC 2.43M Mar 31, 2026 3.70% $0.02 168.21%
Vanguard Capital Management, LLC 2.28M Mar 31, 2026 3.47% $0.00 0.00%
D. E. Shaw & Co LP 2.25M Jun 30, 2026 3.43% $0.08 189.86%
Morgan Stanley - Brokerage Accounts 1.44M Mar 31, 2026 2.20% $0.01 62.09%
BlackRock Inc 1.12M Mar 31, 2026 1.71% $0.00 33.82%
UBS Group AG 1.10M Mar 31, 2026 1.67% $0.01 999.45%
Assenagon Asset Management SA 1.02M Jun 30, 2026 1.56% $0.09 -32.04%
Citigroup Inc 952.70K Mar 31, 2026 1.45% $0.02 10,331.40%
The Goldman Sachs Group Inc 933.50K Mar 31, 2026 1.42% $0.01 246.49%
T. Rowe Price Associates, Inc. 909.75K Mar 31, 2026 1.39% $0.01 0.00%
Millennium Management LLC 854.32K Jun 30, 2026 1.30% $0.02 15.57%
Bank of America Corp 776.30K Mar 31, 2026 1.18% $0.00 112.03%
Geode Capital Management, LLC 587.68K Mar 31, 2026 0.90% $0.00 19.37%
Citadel Advisors Llc 569.67K Mar 31, 2026 0.87% $0.01 -26.67%
Fund Resources Investment Holding Group Co Ltd 536.71K Jun 30, 2026 0.82% $4.73 0.00%
Hood River Capital Management LLC 526.66K Mar 31, 2026 0.80% $0.30 -73.83%
Driehaus Capital Management LLC 384.56K Mar 31, 2026 0.59% $0.16 0.00%
BNP Paribas Arbitrage, SA 376.96K Mar 31, 2026 0.57% $0.01 96.62%
Wellington Management Company LLP 359.48K Jun 30, 2026 0.55% $0.00 0.00%
Capital World Investors 342.77K Jun 30, 2026 0.52% $0.00 0.00%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 1.98M 3.02% ▲ 0.30% Jul 31, 2026
2 iShares Russell 2000 ETF 1.60M 2.44% ▼ 0.57% Aug 31, 2026
3 Vanguard Small Cap Index 714.86K 1.09% ▲ 0.34% Jul 31, 2026
4 Vanguard Institutional Extnd Mkt Idx Tr 689.06K 1.05% ▲ 0.44% Jul 31, 2026
5 Fidelity Small Cap Index 677.24K 1.03% ▲ 0.00% Jun 30, 2026
6 T. Rowe Price New Horizons 605.05K 0.92% ▲ 92.44% Jul 31, 2026
7 Invesco Semiconductors ETF 602.54K 0.92% ▲ 0.17% Aug 31, 2026
8 iShares Russell 2000 Growth ETF 585.63K 0.89% ▲ 0.00% Aug 31, 2026
9 Invesco Dorsey Wright Technology MomtETF 429.72K 0.66% ▼ 0.69% Aug 31, 2026
10 T. Rowe Price Integrated US SmCapGrEq 427.00K 0.65% ▲ 0.00% Jun 30, 2026

Financial Highlights

Market Cap: $4.24B
EBITDA: $13.45M
P/E Ratio: $2.16K
PEG Ratio: $12.09
Book Value: $13.77
Earnings/Share: $0.03
Profit Margin: 3.23%
Operating Margin: 21.90%
ROA (TTM): 0.34%
ROE (TTM): 1.01%
Revenue (TTM): $125.51M
Revenue/Share (TTM): $2.47
Earnings Growth (YOY): -57.10%
Revenue Growth (YOY): 164.80%

Valuation Metrics

Enterprise Value: $4.19B
Trailing P/E: 2.16K
Forward P/E: 29.07

Shares Statistics

Shares Outstanding: 65.57M
Shares Float: 61.61M
% Insiders: 3.98%
% Institutions: 73.38%
Short % Float: 17.12%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$88.33M
Cost of Goods Sold
adjust
$-77.08M
Gross Profit
subtotal
$11.24M
SG&A
adjust
$-24.17M
R&D
adjust
$-9.05M
Operating Income
subtotal
$-21.98M
Other / Non-Operating Items
adjust
$716.00K
Net Income
subtotal
$-21.26M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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