AXT INC (AXTI) Income statement

Market cap

$7.8B

P/E ratio

	2011/12	2012/12	2013/12	2014/12	2015/12	2016/12	2017/12	2018/12	2019/12	2020/12	2021/12	2022/12	2023/12	2024/12	2025/12
Revenue	104	88	85	83	78	81	99	102	83	95	137	141	76	99	88
Revenue growth (%)	-
Cost of revenue	59	64	74	66	61	55	64	65	58	65	90	89	62	76	77
Gross profit	45	25	12	17	17	26	34	37	25	30	47	52	13	24	11
Gross margin (%)
Research & development	2	3	3	4	6	6	5	6	6	7	10	14	12	15	9
Selling, general & administrative	15	15	16	15	16	14	17	19	19	19	24	26	23	24	24
Operating margin (%)
Operating expenses	17	19	19	20	22	20	22	25	25	26	35	40	35	39	33
Operating income	27	6	-8	-3	-5	6	13	12	-0	4	13	13	-22	-15	-22
Income before tax	29	7	-7	-0	-2	6	11	12	-1	7	18	21	-19	-11	-21
Pretax margin (%)	27.5	7.9	-7.8	-0.6	-2.6	7	11	11.7	-1.2	7.4	12.8	14.8	-25.1	-10.8	-24.3
Provision for income taxes	3	1	0	0	1	1	1	1	1	2	1	2	0	1	2
Effective tax rate (%)
Net income	26	6	-7	-1	-2	6	10	11	-2	5	17	19	-18	-12	-21
Net income margin (%)
Earnings per share	0.63	0.09	-0.25	-0.05	-0.07	0.17	0.27	0.24	-0.07	0.08	0.35	0.37	-0.42	-0.27	-0.49
Diluted EPS	0.61	0.09	-0.25	-0.05	-0.07	0.17	0.26	0.24	-0.07	0.07	0.34	0.37	-0.42	-0.27	-0.49
EBITDA	-
EBITDA margin (%)	-