SEC Tracker
Get the app
AXTI · XBRL financial data

Axt financial statements, every quarter

The same tables from 12 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

Download Excel Download CSV
How these numbers work
  • Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
  • Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
  • * marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
  • 0 means a filing states zero; a dash (—) means no filing states that number.
  • “year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
  • Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
  • Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
  • Shares outstanding come from each filing's cover page, as of the date printed there.
  • Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

CSV

Fiscal quarters (AXTI's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Revenue172023282425*19—————
Revenue from contracts with customers1720*23282425*19182823*2748
Cost of revenue1616*17201821*21172218*1926
Gross profit256864*(1)165*821
Research and development33*3434*3312*34
Selling, general and administrative65*6666*6666*77
Total operating expenses98*910911*9879*1011
Operating income (loss)(7)(4)*(3)(2)(3)(6)*(10)(7)(1)(4)*(2)10
Interest expense—year only—000*—000*——
Other income (expense)01*101(0)*00(0)1*0(0)
Income tax expense (benefit)(0)0*0010*0111*02
Net income (loss)(6)(4)(2)(2)(3)(5)*(9)(7)(2)(4)*(2)11
Earnings per share, basic USD per share(0.14)(0.09)(0.05)(0.04)(0.07)(0.12)*(0.20)(0.16)(0.04)(0.08)*(0.03)0.18
Earnings per share, diluted USD per share(0.14)(0.09)(0.05)(0.04)(0.07)(0.12)*(0.20)(0.16)(0.04)(0.08)*(0.03)0.17
Weighted average shares, basic millions of shares4343*43434343*44444445*5361
Weighted average shares, diluted millions of shares4343*43434343*44444445*5363

Balance sheet

CSV

Fiscal quarters (AXTI's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Cash and cash equivalents29382628252332272312042412
Short-term investments4222—————0655
Accounts receivable191925272826232334273237
Inventory868786868685808078829096
Prepaid and other current assets11131111151487710816
Total current assets160171164167168158150145150247254599
Property and equipment, net159166163161166160159160159162165175
Right-of-use asset333322222222
Total assets3423593493493563393333293344344451,097
Accounts payable61010121312111111131614
Accrued liabilities161913121215121213151327
Current portion of long-term debt——1111255455
Total current liabilities6882727579747580859198126
Lease liability, non-current222222222111
Total liabilities74908486898487889499108145
Accumulated deficit(28)(32)(34)(36)(39)(44)(52)(59)(61)(65)(67)(55)
Total stockholders' equity204204201200201193185180179273275887
Total liabilities and equity3423593493493563393333293344344451,097
Common shares outstanding (cover page) millions of shares444444444546464647566566

Cash flows

CSV

Fiscal quarters (AXTI's year ends in late December)

In millions of dollarsSep 30, 2023Dec 31, 2023Mar 31, 2024Jun 30, 2024Sep 30, 2024Dec 31, 2024Mar 31, 2025Jun 30, 2025Sep 30, 2025Dec 31, 2025Mar 31, 2026Jun 30, 2026
Net income (loss)(6)(4)(2)(2)(3)(5)*(9)(7)(2)(4)*(2)11
Stock-based compensation1*1*11*1*1*11*1*1*11*
Depreciation and amortization2*2*22*2*2*22*2*2*23*
Net cash from operating activities(1)*1*(9)1*(5)*1*(3)(5)*(9)*4*(12)11*
Purchases of property and equipment4*(1)*40*1*0*10*2*3*17*
Net cash from investing activities(2)*2*(4)(1)*0*(0)*(1)(1)*(2)*(3)*(67)(247)*
Proceeds from long-term debt—year only60*0*0*30*0*0*310*
Repayments of long-term debt—year only00*0*0*00*1*0*13*
Net cash from financing activities1*6*22*1*(5)*7(0)*5*95*8621*
Net change in cash(2)*11*(11)2*(3)*(5)*4(3)*(4)*97*(70)387*

Compare with peers

SIC 3674 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen
  • SIC 3674 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
  • Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
  • Runway shows only for companies burning cash with under $10B of public float.
  • * marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
CompanyCash ($M)Revenue, quarter ($M)Operating cash flow, quarter ($M)Shares outstandingRunwayQuarter
Axt4124811*65.6M— 10-QJun 30, 2026
QUICKLOGIC185.51.5*18.3M— 10-QJun 28, 2026
GSI Technology776.3(3.9)38.4M20.0 quarters 10-QJun 30, 2026
GCT Semiconductor Holding301(17)*92.0M1.8 quarters 10-QJun 30, 2026
Ambiq Micro36734(9.5)*24.2M38.6 quarters 10-QJun 30, 2026
M-tron Industries96153.7*4.3M— 10-QJun 30, 2026
Everspin Technologies44190.2*24.4M— 10-QJun 30, 2026
Magnachip Semiconductor8845(0)*36.5M19532.7 quarters 10-QJun 30, 2026
T1 Energy79250(30)*294.5M2.6 quarters 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.