Axt (AXTI) FCF Margin (2011 - 2025)
Axt's (AXTI) quarterly FCF Margin came in at 5.46% in Q4 2025, up 107.0% year-on-year from 2.64% in Q4 2024, and up 113.49% quarter-over-quarter from 40.52% in Q3 2025.
Axt (AXTI) FCF Margin (2011 - 2025) Analysis & Trends
Axt has disclosed FCF Margin across 15 years of filings, most recently posting 5.46% for Q4 2025.
- FCF Margin for Q4 2025 came in at 5.46%, up 107.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 21.26% (down 326.0% YoY), and the FY2025 annual result 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.
- The 5-year median for FCF Margin is 23.23% (2023), against an average of 20.0%.
- Across the five-year window, FCF Margin tumbled 4664 bps in 2022 and jumped 3825 bps in 2025, its largest moves.
- Axt's 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 tumbled by 58 bps to 4.39% in 2024, then climbed by 24 bps to 5.46% in 2025.
- The last three FCF Margin figures came in at 5.46% (Q4 2025), 40.52% (Q3 2025), and 27.01% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 14,996,080.76 Bn | 14,996,065.25 Bn | 5.90 Bn | - |
| 2 | Lam Research | 409.52 Bn | 404.77 Bn | 2.91 Bn | 20.53% |
| 3 | Applied Materials | 389.06 Bn | 382.32 Bn | 3.95 Bn | 2.65% |
| 4 | Kla | 280.01 Bn | 275.05 Bn | 2.09 Bn | 18.22% |
| 5 | Teradyne | 57.58 Bn | 57.34 Bn | 780.95 Mn | 20.67% |
| 6 | Qnity Electronics | 30.30 Bn | 30.47 Bn | 618.00 Mn | 0.99% |
| 7 | Entegris | 20.39 Bn | 19.94 Bn | 380.80 Mn | 17.43% |
| 8 | Amkor Technology | 17.53 Bn | 15.72 Bn | 239.03 Mn | -14.04% |
| 9 | Onto Innovation | 13.62 Bn | 12.97 Bn | 146.39 Mn | 7.79% |
| 10 | Axt | 3.44 Bn | 3.33 Bn | 4.83 Mn | 5.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 5.46% |
| Sep 30, 2025 | -40.52% |
| Jun 30, 2025 | -27.01% |
| Mar 31, 2025 | -19.92% |
| Dec 31, 2024 | 4.39% |
| Sep 30, 2024 | -26.90% |
| Jun 30, 2024 | 2.05% |
| Mar 31, 2024 | -58.17% |
| Dec 31, 2023 | 10.44% |
| Sep 30, 2023 | -29.82% |
| Jun 30, 2023 | 6.04% |
| Mar 31, 2023 | -26.54% |
| Dec 31, 2022 | 3.12% |
| Sep 30, 2022 | -64.66% |
| Jun 30, 2022 | -0.30% |
| Mar 31, 2022 | -38.33% |
| Dec 31, 2021 | -8.26% |
| Sep 30, 2021 | -18.02% |
| Jun 30, 2021 | -28.21% |
| Mar 31, 2021 | -44.93% |