AXT profit margin AXTI
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 3.2%
- Operating margin, 12 months
- 3.1%
- Net margin on a year earlier
- +30.9 pts
- Peer median
- 9.4%
Over the twelve months to Jun 30, 2026, AXT kept 3.2% of its revenue as net profit, with an operating margin of 3.1% and a gross margin of 32.2%.
Five years earlier its net margin was 9.2%.
The median for 10 semiconductor stocks of a similar size is 9.4%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | −24.1% | −24.9% | 12.7% |
| FY2024 | −11.7% | −14.9% | 24.0% |
| FY2023 | −23.6% | −28.5% | 17.6% |
| FY2022 | 11.2% | 8.9% | 36.9% |
| FY2021 | 10.6% | 9.4% | 34.5% |
| FY2020 | 3.4% | 4.1% | 31.7% |
| FY2019 | −3.1% | −0.4% | 29.8% |
| FY2018 | 9.4% | 11.9% | 36.2% |
| FY2017 | 10.3% | 12.8% | 34.9% |
| FY2016 | 6.9% | 7.9% | 32.4% |
| FY2015 | −2.9% | −6.3% | 21.7% |
| FY2014 | −1.7% | −3.4% | 20.6% |
| FY2013 | −9.3% | −9.0% | 13.9% |
| FY2012 | 3.5% | 6.7% | 28.1% |
| FY2011 | 19.5% | 26.4% | 43.0% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 3.2% | +30.9 pts | 3.1% | |
| Q1 FY26 | −14.7% | +4.4 pts | −13.9% | |
| Q4 FY25 | −24.1% | −12.4 pts | −24.9% | |
| Q3 FY25 | −25.2% | −14.5 pts | −26.9% | |
| Q2 FY25 | −27.7% | −12.9 pts | −30.9% | |
| Q1 FY25 | −19.1% | +1.9 pts | −22.6% | |
| Q4 FY24 | −11.7% | +11.9 pts | −14.9% | |
| Q3 FY24 | −10.7% | +5.0 pts | −12.9% | |
| Q2 FY24 | −14.8% | −13.4 pts | −17.6% | |
| Q1 FY24 | −21.0% | −28.7 pts | −25.9% | |
| Q4 FY23 | −23.6% | −34.8 pts | −28.5% | |
| Q3 FY23 | −15.7% | −27.2 pts | −23.1% |
Against its peers
Companies in Semiconductors nearest AXT's size, closest first, today.
| Company | Profit margin |
|---|---|
| AXTIAXT | 3.2% |
| ACMRACM Research | 14.5% |
| ACLSAxcelis Technologies | 10.7% |
| PENGPenguin Solutions | 10.4% |
| OSISOSI Systems | 8.7% |
| DIODDiodes | 5.3% |
| KLICKulicke & Soffa Industries | 12.2% |
| IPGPIPG Photonics | 2.6% |
| ENPHEnphase Energy | 10.1% |
| POWIPower Integrations | 5.6% |
| VECOVeeco Instruments | 3.4% |
| Peer median | 9.4% |
Where AXT ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on AXT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.