Axt (AXTI) Operating Expenses (2011 - 2025)

Axt has disclosed Operating Expenses across 15 years of filings, most recently posting $8.7 million for Q4 2025.

• Operating Expenses for Q4 2025 came in at $8.7 million, down 18.1% year-over-year; the trailing twelve-month figure through Dec 2025 was $33.2 million (down 14.03% YoY), and the FY2025 annual result was $33.2 million, down 14.03% from the prior year.
• Operating Expenses came in at $8.7 million for Q4 2025 at Axt, up from $7.3 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $10.6 million in Q4 2024 to a low of $7.3 million in Q3 2025.
• The 5-year median for Operating Expenses is $9.1 million (2021), against an average of $9.0 million.
• Across the five-year window, Operating Expenses surged 37.0% in 2021 and slipped 19.16% in 2025, its largest moves.
• Axt's Operating Expenses stood at $9.1 million in 2021, then rose by 5.4% to $9.6 million in 2022, then slipped by 14.69% to $8.2 million in 2023, then gained by 29.14% to $10.6 million in 2024, then declined by 18.1% to $8.7 million in 2025.
• The last three Operating Expenses figures came in at $8.7 million (Q4 2025), $7.3 million (Q3 2025), and $8.2 million (Q2 2025), per Business Quant data.