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
DateValue
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