Axt (AXTI) Operating Expenses (2011 - 2025)
Axt (AXTI) posted Operating Expenses of $8.7 million for Q4 2025, up 17.86% sequentially from $7.3 million in Q3 2025, and down 18.1% YoY from $10.6 million in Q4 2024.
Axt (AXTI) Operating Expenses (2011 - 2025) Analysis & Trends
Axt (AXTI) has 15 years of Operating Expenses data on file, last reported at $8.7 million in Q4 2025.
- Quarterly Operating Expenses fell 18.1% year-over-year to $8.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $33.2 million (down 14.03% YoY) and the FY2025 annual result came in at $33.2 million, down 14.03% from the prior year.
- Operating Expenses advanced to $8.7 million in Q4 2025 per AXTI's latest filing, from $7.3 million in the prior quarter.
- The five-year high for Operating Expenses was $10.6 million in Q4 2024, with the low at $7.3 million in Q3 2025.
- Average Operating Expenses over 5 years is $9.0 million, with a median of $9.1 million recorded in 2021.
- Year-over-year, Operating Expenses soared 37.0% in 2021 and retreated 19.16% in 2025.
- Axt's Operating Expenses stood at $9.1 million in 2021, then climbed by 5.4% to $9.6 million in 2022, then fell by 14.69% to $8.2 million in 2023, then grew by 29.14% to $10.6 million in 2024, then decreased by 18.1% to $8.7 million in 2025.
- Business Quant data shows AXTI's Operating Expenses at $8.7 million in Q4 2025, $7.3 million in Q3 2025, and $8.2 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Applied Materials | 516.82 Bn | 510.08 Bn | 3.95 Bn | 1.42 Bn |
| 2 | Lam Research | 488.97 Bn | 484.22 Bn | 2.91 Bn | 863.51 Mn |
| 3 | Kla | 348.47 Bn | 343.51 Bn | 2.09 Bn | 679.90 Mn |
| 4 | Teradyne | 66.84 Bn | 66.60 Bn | 780.95 Mn | 307.95 Mn |
| 5 | Qnity Electronics | 32.19 Bn | 32.35 Bn | 618.00 Mn | 267.00 Mn |
| 6 | Entegris | 25.16 Bn | 24.72 Bn | 380.80 Mn | 192.90 Mn |
| 7 | Amkor Technology | 19.80 Bn | 17.99 Bn | 239.03 Mn | 138.75 Mn |
| 8 | Formfactor | 11.45 Bn | 11.15 Bn | 86.79 Mn | 70.15 Mn |
| 9 | ACM Research | 7.71 Bn | 7.32 Bn | 107.24 Mn | 71.06 Mn |
| 10 | Axt | 2.86 Bn | 2.75 Bn | 4.83 Mn | 8.66 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 8.66 Mn |
| Sep 30, 2025 | 7.35 Mn |
| Jun 30, 2025 | 8.18 Mn |
| Mar 31, 2025 | 9.03 Mn |
| Dec 31, 2024 | 10.57 Mn |
| Sep 30, 2024 | 9.09 Mn |
| Jun 30, 2024 | 9.54 Mn |
| Mar 31, 2024 | 9.44 Mn |
| Dec 31, 2023 | 8.19 Mn |
| Sep 30, 2023 | 8.59 Mn |
| Jun 30, 2023 | 8.56 Mn |
| Mar 31, 2023 | 9.55 Mn |
| Dec 31, 2022 | 9.60 Mn |
| Sep 30, 2022 | 10.22 Mn |
| Jun 30, 2022 | 10.15 Mn |
| Mar 31, 2022 | 9.61 Mn |
| Dec 31, 2021 | 9.11 Mn |
| Sep 30, 2021 | 9.11 Mn |
| Jun 30, 2021 | 8.33 Mn |
| Mar 31, 2021 | 7.98 Mn |