AXTI is experiencing a structural demand inflection for InP substrates driven by AI optics, with revenue surging 164.8% YoY to $47.6M in 2026Q2 and gross margin expanding to 44.9% from 8.0% a year earlier.
Price trend, volume and key moving averages
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 29, 2026 | $0.41+33.1% vs $0.31 | $73M+11.2% vs $66M |
Q3 2026 Jul 30, 2026 | $0.19+164.0% vs $0.07 | $48M+39.6% vs $34M |
Q2 2026 Apr 30, 2026 | -$0.01+75.0% vs -$0.04 | $27M+2.7% vs $26M |
Q1 2026 Feb 19, 2026 | -$0.05-25.0% vs -$0.04 | $23M-8.5% vs $25M |
The tech selloff is presenting compelling buying opportunities in these four Strong Buy stocks that are benefiting from booming demand for AI infrastructure and semiconductors.
AXT's 162% Q3 revenue jump and $500 million-plus backlog point to booming InP demand. Yet its 191% rally and valuation premium raise the stakes for investors.
AXT reported record revenue and improved net income for Q3 2026. AXTI is seeing high demand for its indium phosphide used in AI datacenter applications. The company has multiple supply agreements in place and is increasing production capacity.
AXT's Q3 earnings beat, $500M-plus backlog and surging AI-driven indium phosphide demand fuel aggressive capacity expansion and stronger Q4 expectations.
Benchmark AXTI against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for AXT, Inc. (AXTI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $38.88 | $1.97B | -79.35 | -11.11% | -24.07% | -7.21% | — | |
| $38.49 | $1.82B | -24.21 | 12.74% | -3.97% | -2.9% | — | |
| $210.98 | $16.1B | -289.01 | 32.58% | 20.7% | 17.09% | — | |
| $82.19 | $12.37B | 26.69 | -2.18% | 7.23% | 5.04% | 3.39% | |
| $114.17 | $10.07B | 31.54 | -1.09% | 10.95% | 11.39% | — | |
| $538.59 | $41.9B | 1455.65 | 21.03% | -230.1% | -300.07% | — |
AXT, Inc. (AXTI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
AXT, Inc. (AXTI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jul 30, 2026·SEC
Jul 29, 2026·SEC
Jul 29, 2026·SEC
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AXT, Inc. (AXTI) stock FAQ — growth, dividends, profitability & financials explained
AXT, Inc. (AXTI) reported $125.5M in revenue over the trailing twelve months. Revenue was $88.3M in fiscal year 2025. That is 104% more than the $43.3M of fiscal year 1998.
AXT, Inc. (AXTI) revenue fell by 11.1% in fiscal year 2025, compared with the prior fiscal year.
Yes. AXT, Inc. (AXTI) earned $4.1M in net income over the trailing twelve months (a 3.2% net margin).
AXT, Inc. (AXTI) had a return on equity (ROE) of -7.2% in fiscal year 2025. A negative ROE means the company lost money over the period.
AXT, Inc. (AXTI) had negative free cash flow of $19.6M over the trailing twelve months.
