Axt (AXTI) Gross Margin (2011 - 2025)

Axt's (AXTI) quarterly Gross Margin came in at 20.95% in Q4 2025, up 339.0% year-on-year from 4.77% in Q4 2024, and down 5.92% quarter-over-quarter from 22.26% in Q3 2025.

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

Axt has disclosed Gross Margin across 15 years of filings, most recently posting 20.95% for 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.
  • In the past five years, Gross Margin ranged from a high of 42.01% in Q3 2022 to a low of 6.41% in Q1 2025.
  • The 5-year median for Gross Margin is 26.6% (2023), against an average of 24.74%.
  • Across the five-year window, Gross Margin jumped 1818 bps in 2024 and sank 3327 bps in 2025, its largest moves.
  • Axt's Gross Margin stood at 32.17% in 2021, then fell by 0 bps to 32.08% in 2022, then decreased by 29 bps to 22.65% in 2023, then retreated by 22 bps to 17.56% in 2024, then rose 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 14,963,355.55 Bn 14,963,340.04 Bn 5.90 Bn 51.98%
2 Lam Research 408.02 Bn 403.27 Bn 2.91 Bn 49.83%
3 Applied Materials 391.00 Bn 384.25 Bn 3.95 Bn 49.90%
4 Kla 277.01 Bn 272.05 Bn 2.09 Bn 61.12%
5 Teradyne 58.18 Bn 57.94 Bn 780.95 Mn 60.89%
6 Qnity Electronics 30.25 Bn 30.41 Bn 618.00 Mn 47.00%
7 Entegris 20.20 Bn 19.76 Bn 380.80 Mn 46.90%
8 Amkor Technology 16.87 Bn 15.05 Bn 239.03 Mn 14.19%
9 Onto Innovation 13.38 Bn 12.72 Bn 146.39 Mn 50.14%
10 Axt 3.95 Bn 3.85 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%