AXTI Q1 2025 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q1 2025 Earnings

Technology Semiconductors

Income Statement

Revenue

$19M-14.7% YoY

Gross Profit

-$1M-6.4% margin

Operating Income

-$10M-53.1% margin

Net Income

-$9M-45.5% margin

EPS (Diluted)

$-0.20

QoQ Revenue Growth

-22.9%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$4M

Stock-Based Comp.

$646,000

Balance Sheet

Total Assets

$333M

Total Liabilities

$87M

Stockholders' Equity

$185M

Cash & Equivalents

$32M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$23M	-14.7%
Gross Profit	-$1M	$6M	-120.4%
Operating Income	-$10M	-$3M	-207.0%
Net Income	-$9M	-$2M	-322.4%

Revenue Segments

Substrates

$11M57%

Raw materials and others

$8M43%

Geographic Segments

CHINA

$13M69%

Europe

$2M11%

TAIWAN

$1M6%

North America

$1M6%

Asia Pacific (excluding China, Taiwan and Japan)

$781,0004%

JAPAN

$718,0004%