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Axt, Inc. (AXTI) is a technology company in the chip production tools industry, based in Fremont, United States, with about 1,541 full-time employees.
It reported revenue of $88.33 million for fiscal year 2025, down 11.1% from fiscal year 2024, and net income of -$21.44 million. In Q2 2026 (the quarter ended June 30, 2026) revenue was $47.59 million, up 164.8% from a year before. China was its largest region in fiscal year 2025, with 62% of revenue. Its market capitalization was $4.49 billion as of October 9, 2026.
Figures from company filings and market data; latest fiscal year ended December 31, 2025; market data as of October 9, 2026.
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates.
Axt reported $88.33 million in revenue for fiscal year 2025, down 11.1% from $99.36 million in fiscal year 2024. In Q2 2026 revenue was $47.59 million.
China: 62% of revenue by region in fiscal year 2025, followed by Taiwan (15%).
$4.49 billion as of October 9, 2026.
Listed companies of a similar size in the same industry (chip production tools) include Applied Materials, Inc. (AMAT), Lam Research Corporation (LRCX), ACM Research, Inc. (ACMR), Axcelis Technologies, Inc. (ACLS).