Axt (AXTI) Construction in Progress (2024 - 2026)
Axt's (AXTI) quarterly Construction in Progress came in at $34.0 million in Q2 2026, up 57.41% year-over-year from $21.6 million in Q2 2025, and up 44.68% quarter-over-quarter from $23.5 million in Q4 2025.
Analysis
Axt (AXTI) Construction in Progress (2024 - 2026) Analysis & Trends
Axt has disclosed Construction in Progress across 3 years of filings, most recently posting $34.0 million for Q2 2026.
- In Q2 2026, Construction in Progress rose 57.41% year-over-year to $34.0 million; the TTM figure through Jun 2026 stood at $34.0 million (up 57.41% YoY), while the FY2025 annual figure was $23.5 million, changed 0.13% from the prior year.
- Construction in Progress came in at $34.0 million for Q2 2026 at Axt, up from $23.5 million in the prior quarter.
- In the past five years, Construction in Progress ranged from a high of $34.0 million in Q2 2026 to a low of $21.6 million in Q2 2025.
- Average Construction in Progress over 3 years is $24.9 million, with a median of $23.5 million recorded in 2025.
- Year-over-year, Construction in Progress retreated 0.13% in 2025 and jumped 57.41% in 2026.
- Over 3 years, Construction in Progress stood at $23.5 million in 2024, then fell by 0.13% to $23.5 million in 2025, then surged by 44.68% to $34.0 million in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $34.0 million in Q2 2026, $23.5 million in Q4 2025, and $21.8 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | - |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 34.00 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | - |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.00 Mn |
| Dec 31, 2025 | 23.50 Mn |
| Sep 30, 2025 | 21.84 Mn |
| Jun 30, 2025 | 21.60 Mn |
| Dec 31, 2024 | 23.53 Mn |