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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

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−24.1%−24.9%12.7%
FY2024−11.7%−14.9%24.0%
FY2023−23.6%−28.5%17.6%
FY202211.2%8.9%36.9%
FY202110.6%9.4%34.5%
FY20203.4%4.1%31.7%
FY2019−3.1%−0.4%29.8%
FY20189.4%11.9%36.2%
FY201710.3%12.8%34.9%
FY20166.9%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%
FY20123.5%6.7%28.1%
FY201119.5%26.4%43.0%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY263.2%+30.9 pts3.1%
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.

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.