Axt (AXTI) FCF Margin (2011 - 2025)
Axt's FCF Margin came in at 5.46% for Q4 2025, up 1.07 percentage points from 4.39% a year earlier and up 45.98 percentage points from the prior quarter.
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Analysis
Axt (AXTI) FCF Margin (2011 - 2025) Analysis & Trends
For FY2025, Axt's FCF Margin was -21.26%, down 3.26 percentage points from FY2024.
- FCF Margin carries a five-year change of -6.59 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -18.00% in FY2024 (-8.67 pp), -9.33% in FY2023 (+17.05 pp), -26.38% in FY2022 (-2.40 pp) and -23.98% in FY2021 (-9.31 pp).
- The Q4 2025 figure represents the highest quarterly FCF Margin since Q4 2023.
- Year-over-year, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -5.26 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2025 (a gain of 38.25 percentage points), and the weakest in Q3 2022 (a drop of 46.64 percentage points).
- Business Quant data shows AXTI's FCF Margin at -40.52% (Q3 2025), -27.01% (Q2 2025) and -19.92% (Q1 2025) in the three quarters before Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,369.70 Bn | 5,143.86 Bn | 72.14 Bn | 22.24% |
| 2 | Taiwan Semiconductor Manufacturing | 2,240.62 Bn | 1,865.48 Bn | 27.22 Bn | 61.66% |
| 3 | Broadcom | 1,610.24 Bn | 1,536.29 Bn | 20.46 Bn | 46.18% |
| 4 | Micron Technology | 1,032.70 Bn | 938.34 Bn | 47.05 Bn | 60.60% |
| 5 | Advanced Micro Devices | 903.31 Bn | 860.06 Bn | 6.20 Bn | 13.51% |
| 6 | Asml Holding | 651.41 Bn | 607.10 Bn | 5.90 Bn | - |
| 7 | Intel | 474.60 Bn | 343.73 Bn | 6.51 Bn | 27.59% |
| 8 | Lam Research | 327.65 Bn | 304.45 Bn | 3.48 Bn | 18.87% |
| 9 | Applied Materials | 324.38 Bn | 289.82 Bn | 4.59 Bn | 25.56% |
| 10 | Axt | 3.64 Bn | 2.89 Bn | 21.37 Mn | - |
Historic Data
Download Data
Historic 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% |
API Access
Axt FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=AXTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "AXTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=AXTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();