AXTI Q2 2025 Earnings — AXT, Inc. Revenue & Financial Results | Market Cap Arena

AXTIAXT, Inc.

$2B

Q2 2025 Earnings

Technology Semiconductors

Income Statement

Revenue

$18M-35.6% YoY

Gross Profit

$1M8.0% margin

Operating Income

-$7M-37.5% margin

Net Income

-$7M-39.0% margin

EPS (Diluted)

$-0.16

QoQ Revenue Growth

-7.1%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$5M

Stock-Based Comp.

$633,000

Balance Sheet

Total Assets

$329M

Total Liabilities

$88M

Stockholders' Equity

$180M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$28M	-35.6%
Gross Profit	$1M	$8M	-81.3%
Operating Income	-$7M	-$2M	-257.8%
Net Income	-$7M	-$2M	-362.3%

Revenue Segments

Substrates

$11M63%

Raw Materials and Other

$7M37%

Geographic Segments

CHINA

$14M81%

Europe

$2M9%

JAPAN

$704,0004%

TAIWAN

$530,0003%

Asia Pacific Excluding China, Taiwan and Japan

$427,0002%

North America

$224,0001%