Axt (AXTI) Gross Margin (2011 - 2025)

Axt (AXTI) reported Gross Margin of 20.95% for Q4 2025, up 339.0% YoY from 4.77% in Q4 2024, and down 5.92% on a QoQ basis from 22.26% in Q3 2025.

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

Axt has reported Gross Margin for 15 years, with the latest figure at 20.95% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 20.95%, up 339.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 12.73% (down 1126.0% YoY), and the FY2025 annual result was 12.73%, down 1126.0% from the prior year.
  • Gross Margin came in at 20.95% for Q4 2025 at Axt, down from 22.26% in the prior quarter.
  • The five-year high for Gross Margin was 42.01% in Q3 2022, with the low at 6.41% in Q1 2025.
  • A 5-year average of 24.74% and a median of 26.6% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2024 — Gross Margin soared 1818 bps — and 2025, when it sank 3327 bps.
  • Axt's Gross Margin stood at 32.17% in 2021, then decreased by 0 bps to 32.08% in 2022, then dropped by 29 bps to 22.65% in 2023, then slipped by 22 bps to 17.56% in 2024, then advanced by 19 bps to 20.95% in 2025.
  • The last three Gross Margin figures came in at 20.95% (Q4 2025), 22.26% (Q3 2025), and 7.97% (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn 51.98%
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn 49.90%
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn 49.83%
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn 61.12%
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn 60.89%
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn 47.00%
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn 46.90%
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn 50.14%
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn 16.79%
10 Axt 2.66 Bn 2.53 Bn 4.83 Mn 20.95%

Historic Data

Download Data
DateValue
Dec 31, 2025 20.95%
Sep 30, 2025 22.26%
Jun 30, 2025 7.97%
Mar 31, 2025 -6.41%
Dec 31, 2024 17.56%
Sep 30, 2024 24.03%
Jun 30, 2024 27.40%
Mar 31, 2024 26.86%
Dec 31, 2023 22.65%
Sep 30, 2023 10.75%
Jun 30, 2023 9.22%
Mar 31, 2023 26.33%
Dec 31, 2022 32.08%
Sep 30, 2022 42.01%
Jun 30, 2022 39.09%
Mar 31, 2022 33.56%
Dec 31, 2021 32.17%
Sep 30, 2021 33.26%
Jun 30, 2021 36.28%
Mar 31, 2021 36.80%