Axt (AXTI) FCF Margin (2011 - 2025)
Axt (AXTI) reported FCF Margin of 5.46% for Q4 2025, up 107.0% YoY from 2.64% in Q4 2024, and up 113.49% on a QoQ basis from 40.52% in Q3 2025.
Axt (AXTI) FCF Margin (2011 - 2025) Analysis & Trends
Axt has reported FCF Margin for 15 years, with the latest figure at 5.46% in 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.
- The five-year high for FCF Margin was 50.63% in Q2 2022, with the low at 98.78% in Q4 2022.
- A 5-year average of 20.89% and a median of 26.72% in 2023 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2021 — FCF Margin plunged 10023 bps — and 2023, when it surged 5343 bps.
- Axt's FCF Margin stood at 57.48% in 2021, then slumped by 72 bps to 98.78% in 2022, then soared by 54 bps to 45.35% in 2023, then surged by 110 bps to 4.39% in 2024, then increased 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 | 636.08 Bn | 620.57 Bn | 5.90 Bn | - |
| 2 | Applied Materials | 406.04 Bn | 399.30 Bn | 3.95 Bn | 2.65% |
| 3 | Lam Research | 369.24 Bn | 364.49 Bn | 2.91 Bn | 8.67% |
| 4 | Kla | 240.65 Bn | 238.86 Bn | 2.09 Bn | 18.22% |
| 5 | Teradyne | 58.07 Bn | 57.82 Bn | 780.95 Mn | 20.25% |
| 6 | Qnity Electronics | 27.70 Bn | 26.85 Bn | 618.00 Mn | 0.99% |
| 7 | Entegris | 18.25 Bn | 17.80 Bn | 380.80 Mn | 20.25% |
| 8 | Onto Innovation | 12.83 Bn | 12.17 Bn | 146.39 Mn | 7.79% |
| 9 | Amkor Technology | 12.41 Bn | 9.90 Bn | 318.59 Mn | -3.70% |
| 10 | Axt | 2.66 Bn | 2.53 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 | -45.35% |
| Sep 30, 2023 | 0.14% |
| Jun 30, 2023 | 39.36% |
| Mar 31, 2023 | -26.54% |
| Dec 31, 2022 | -98.78% |
| Sep 30, 2022 | -44.21% |
| Jun 30, 2022 | 50.63% |
| Mar 31, 2022 | -38.33% |
| Dec 31, 2021 | -57.48% |
| Sep 30, 2021 | -1.10% |
| Jun 30, 2021 | 9.49% |
| Mar 31, 2021 | -44.93% |