Axt, Inc.
AXT, Inc. Reports First Quarter 2026 Financial Results
Summary
AXT, Inc. reported financial results for the first quarter of 2026, showing an increase in revenue to $26.9 million compared to $19.4 million in the first quarter of 2025. The company reported a GAAP gross margin of 29.6% and a non-GAAP gross margin of 29.9%. AXT, Inc. reported a GAAP net loss of $1.6 million and a non-GAAP net loss of $0.6 million. The company also announced a capital raise of $632.5 million and provided an update on the progress of its subsidiary's IPO on the STAR Market.
Profitelligence Alerts
Get alerts for AXTI
Be first to know when Axt, Inc. files with the SEC.
Filing Categories
Advertisement
About Axt, Inc.
Axt, Inc. is a leading producer of high-performance compound semiconductor substrates. These substrates, such as gallium arsenide (GaAs), enable the efficient functioning of a diverse range of electronic and optoelectronic devices. Axt, Inc. plays a crucial role in enhancing the performance of high-frequency, high-power, and optically sensitive applications. The primary use of these substrates is found in industries like telecommunications, light-emitting diodes (LEDs), and solar cells. With its production facilities located primarily in China, Axt, Inc. serves a global market, catering to technology companies that require high-quality semiconductor materials. Through its extensive research and development initiatives, the company continually innovates to meet the growing demand for substrate materials that support advanced technology products. As a significant provider in the semiconductor supply chain, Axt, Inc. contributes to the advancement of next-generation technologies, supporting sectors that are critical to modern electronics and renewable energy solutions.
Official SEC Documents
Advertisement