Axt (AXTI) Gross Margin (2011 - 2026)
Axt's (AXTI) quarterly Gross Margin came in at 44.9% in Q2 2026, up 3692.0% year-over-year from 1.18% in Q2 2025, and up 114.35% quarter-over-quarter from 20.95% in Q4 2025.
Analysis
Axt (AXTI) Gross Margin (2011 - 2026) Analysis & Trends
Axt has disclosed Gross Margin across 16 years of filings, most recently posting 44.9% for Q2 2026.
- In Q2 2026, Gross Margin rose 3692.0% year-over-year to 44.9%; the TTM figure through Jun 2026 stood at 29.04% (up 1710.0% YoY), while the FY2025 annual figure was 12.73%, down 1126.0% from the prior year.
- Gross Margin came in at 44.9% for Q2 2026 at Axt, up from 20.95% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 44.9% in Q2 2026 to a low of 6.41% in Q1 2025.
- Average Gross Margin over 5 years is 23.6%, with a median of 24.03% recorded in 2024.
- Year-over-year, Gross Margin plunged 3327 bps in 2025 and surged 3692 bps in 2026.
- Over 5 years, Gross Margin stood at 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, then jumped by 114 bps to 44.9% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 44.9% in Q2 2026, 20.95% in Q4 2025, and 22.26% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 47.55% |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 44.90% |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 75.82% |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 31.32% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 44.90% |
| 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% |