Axt (AXTI) FCF Margin (2011 - 2025)

Axt (AXTI) posted FCF Margin of 5.46% for Q4 2025, up 113.49% sequentially from 40.52% in Q3 2025, and up 107.0% YoY from 2.64% in Q4 2024.

Axt (AXTI) FCF Margin (2011 - 2025) Analysis & Trends

Axt (AXTI) has 15 years of FCF Margin data on file, last reported at 5.46% in Q4 2025.

  • Quarterly FCF Margin rose 107.0% year-over-year to 5.46% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 21.26% (down 326.0% YoY) and the FY2025 annual result came in at 21.26%, down 326.0% from the prior year.
  • FCF Margin improved to 5.46% in Q4 2025 per AXTI's latest filing, from 40.52% in the prior quarter.
  • The five-year high for FCF Margin was 10.44% in Q4 2023, with the low at 64.66% in Q3 2022.
  • Average FCF Margin over 5 years is 20.0%, with a median of 23.23% recorded in 2023.
  • Year-over-year, FCF Margin sank 4664 bps in 2022 and surged 3825 bps in 2025.
  • 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 plunged by 58 bps to 4.39% in 2024, then rose by 24 bps to 5.46% in 2025.
  • Business Quant data shows AXTI's FCF Margin at 5.46% in Q4 2025, 40.52% in Q3 2025, and 27.01% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 2.65%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 20.53%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 18.22%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 20.67%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 0.99%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 17.43%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn -14.04%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 13.16%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn -18.47%
10 Axt 2.86 Bn 2.75 Bn 4.83 Mn 5.46%

Historic Data

Download Data
DateValue
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%