Axt (AXTI) FCF Margin (2011 - 2025)

Axt has disclosed FCF Margin across 15 years of filings, most recently posting 5.46% for Q4 2025.

• In Q4 2025, FCF Margin rose 107.0% year-over-year to 5.46%; the TTM figure through Dec 2025 stood at 21.26% (down 326.0% YoY), while the FY2025 annual figure was 21.26%, down 326.0% from the prior year.
• FCF Margin came in at 5.46% for Q4 2025 at Axt, up from 40.52% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 10.44% in Q4 2023 to a low of 64.66% in Q3 2022.
• Average FCF Margin over 5 years is 19.95%, with a median of 22.28% recorded in 2023.
• Year-over-year, FCF Margin slumped 4664 bps in 2022 and jumped 3484 bps in 2023.
• Over 5 years, FCF Margin stood at 8.26% in 2021, then jumped by 138 bps to 3.12% in 2022, then soared by 234 bps to 10.44% in 2023, then sank by 58 bps to 4.39% in 2024, then climbed by 24 bps to 5.46% in 2025.
• Per Business Quant data, the three most recent FCF Margin figures were 5.46% in Q4 2025, 40.52% in Q3 2025, and 12.48% in Q2 2025.