Axt (AXTI) Cash & Equivalents (2009 - 2026)
Axt's Cash & Equivalents came in at $485.47 million for Q3 2026, compared with $23.11 million a year earlier and up 17.8% from the prior quarter.
Analysis
Axt (AXTI) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Axt's Cash & Equivalents was $120.27 million, up 426.7% from FY2024.
- Cash & Equivalents carries a five-year compound annual growth rate of 10.6% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents was $22.83 million in FY2024 (-39.5%), $37.75 million in FY2023 (+8.0%), $34.95 million in FY2022 (-4.9%) and $36.76 million in FY2021 (-49.4%).
- The Q3 2026 figure represents the highest quarterly Cash & Equivalents in data going back to Q3 2010.
- Year-over-year, Cash & Equivalents increased in two of the last five quarters, with growth averaging 79.9%.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q4 2025 (growth of 426.7%), and the weakest in Q1 2022 (a decline of 51.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | SK hynix | 24,576.54 Bn | 24,560.31 Bn | 43.99 Bn | 17.41 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 10,284.32 Bn | 9,899.31 Bn | 27.22 Bn | 98.36 Bn |
| 3 | Nvidia | 4,083.27 Bn | 3,857.43 Bn | 72.14 Bn | 22.44 Bn |
| 4 | Broadcom | 1,582.22 Bn | 1,508.26 Bn | 20.46 Bn | 23.98 Bn |
| 5 | Advanced Micro Devices | 844.94 Bn | 793.16 Bn | 7.21 Bn | 7.40 Bn |
| 6 | Micron Technology | 820.10 Bn | 725.74 Bn | 47.05 Bn | 38.36 Bn |
| 7 | Asml Holding | 581.15 Bn | 536.84 Bn | 5.90 Bn | 15.17 Bn |
| 8 | Intel | 308.67 Bn | 171.38 Bn | 7.10 Bn | 21.85 Bn |
| 9 | Applied Materials | 295.64 Bn | 261.08 Bn | 4.59 Bn | 7.04 Bn |
| 10 | Axt | 2.58 Bn | 2.58 Bn | 41.10 Mn | 485.47 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 485.47 Mn |
| Jun 30, 2026 | 412.17 Mn |
| Mar 31, 2026 | 41.77 Mn |
| Dec 31, 2025 | 120.27 Mn |
| Sep 30, 2025 | 23.11 Mn |
| Jun 30, 2025 | 27.01 Mn |
| Mar 31, 2025 | 31.58 Mn |
| Dec 31, 2024 | 22.83 Mn |
| Sep 30, 2024 | 24.90 Mn |
| Jun 30, 2024 | 27.81 Mn |
| Mar 31, 2024 | 25.79 Mn |
| Dec 31, 2023 | 37.75 Mn |
| Sep 30, 2023 | 28.52 Mn |
| Jun 30, 2023 | 30.09 Mn |
| Mar 31, 2023 | 35.44 Mn |
| Dec 31, 2022 | 34.95 Mn |
| Sep 30, 2022 | 32.92 Mn |
| Jun 30, 2022 | 41.04 Mn |
| Mar 31, 2022 | 29.49 Mn |
| Dec 31, 2021 | 36.76 Mn |
API Access
Axt Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=AXTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "AXTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=AXTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();