AXTI— AXT INC

Information TechnologySemiconductors$5.8B mkt cap

Metric	FY2025	FY2024	FY2023	FY2022
Revenue	$88.3M-11.1%	$99.4M+31.1%	$75.8M-46.3%	$141.1M
Cost of revenue	$77.1M+2.1%	$75.5M+20.9%	$62.5M-29.8%	$89.0M
Gross profit	$11.2M-52.8%	$23.8M+79.0%	$13.3M-74.4%	$52.1M
Selling, general and administrative	$24.2M+0.3%	$24.1M+5.7%	$22.8M-11.1%	$25.7M
Research and development	$9.0M-37.8%	$14.5M+20.4%	$12.1M-13.2%	$13.9M
Total operating expenses	$33.2M-14.0%	$38.6M+10.8%	$34.9M-11.8%	$39.6M
Loss from operations	-$22.0M-48.5%	-$14.8M+31.4%	-$21.6M-271.8%	$12.6M
Interest expense, net	-$1.3M+6.2%	-$1.3M+12.2%	-$1.5M-42.6%	-$1.1M
Equity in income of unconsolidated joint ventures	$765K-77.8%	$3.4M+82.5%	$1.9M-68.4%	$6.0M
Other income, net	$924K-54.9%	$2.0M-6.1%	$2.2M-37.5%	$3.5M
Loss before provision for income taxes	-$21.5M-102.2%	-$10.7M+44.0%	-$19.0M-190.9%	$20.9M
Provision for income taxes	$1.7M+46.2%	$1.1M+608.8%	$160K-92.7%	$2.2M
Net loss	-$23.2M-96.8%	-$11.8M+38.6%	-$19.2M-202.4%	$18.7M
Less: Net loss attributable to noncontrolling interests and redeemable noncontrolling interests	$1.9M+1062.9%	$167K-87.3%	$1.3M+144.8%	-$2.9M
Net loss attributable to AXT, Inc.	-$21.3M-82.9%	-$11.6M+35.0%	-$17.9M-213.1%	$15.8M
Basic (in dollars per share)	-$490.00-81.5%	-$270.00+35.7%	-$420.00-213.5%	$370.00
Diluted (in dollars per share)	-$490.00-81.5%	-$270.00+35.7%	-$420.00-213.5%	$370.00
Basic (in shares)	43.9M+1.8%	43.2M+1.2%	42.6M+1.3%	42.1M
Diluted (in shares)	43.9M+1.8%	43.2M+1.2%	42.6M-0.2%	42.7M

Source: SEC EDGAR XBRL. % change vs prior period shown where available.

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Source: SEC EDGAR 10-K and 10-Q filings. Last 4 years annual and quarterly free, full history (up to 20 years) on Pro.