Axt (AXTI) Cost of Revenue (2011 - 2025)

Axt has reported Cost of Revenue for 15 years, with the latest figure at $18.2 million in Q4 2025.

• Cost of Revenue for Q4 2025 came in at $18.2 million, down 11.99% year-over-year; the trailing twelve-month figure through Dec 2025 was $77.1 million (up 2.06% YoY), and the FY2025 annual result was $77.1 million, up 2.06% from the prior year.
• Cost of Revenue came in at $18.2 million for Q4 2025 at Axt, down from $21.7 million in the prior quarter.
• The five-year high for Cost of Revenue was $26.3 million in Q1 2022, with the low at $14.3 million in Q1 2023.
• A 5-year average of $19.7 million and a median of $20.0 million in 2021 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2021 — Cost of Revenue soared 43.19% — and 2023, when it tumbled 45.74%.
• Axt's Cost of Revenue stood at $25.6 million in 2021, then decreased by 28.89% to $18.2 million in 2022, then dropped by 13.17% to $15.8 million in 2023, then surged by 30.98% to $20.7 million in 2024, then declined by 11.99% to $18.2 million in 2025.
• The last three Cost of Revenue figures came in at $18.2 million (Q4 2025), $21.7 million (Q3 2025), and $16.5 million (Q2 2025), per Business Quant data.