Axt (AXTI) Operating Expenses (2011 - 2026)
Axt's (AXTI) quarterly Operating Expenses came in at $10.9 million in Q2 2026, up 33.81% year-over-year from $8.2 million in Q2 2025, and up 26.38% quarter-over-quarter from $8.7 million in Q4 2025.
Analysis
Axt (AXTI) Operating Expenses (2011 - 2026) Analysis & Trends
Axt has disclosed Operating Expenses across 16 years of filings, most recently posting $10.9 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 33.81% year-over-year to $10.9 million; the TTM figure through Jun 2026 stood at $35.1 million (down 4.74% YoY), while the FY2025 annual figure was $33.2 million, down 14.03% from the prior year.
- Operating Expenses came in at $10.9 million for Q2 2026 at Axt, up from $8.7 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $10.9 million in Q2 2026 to a low of $7.3 million in Q3 2025.
- Average Operating Expenses over 5 years is $9.3 million, with a median of $9.4 million recorded in 2024.
- Year-over-year, Operating Expenses dropped 19.16% in 2025 and jumped 33.81% in 2026.
- Over 5 years, Operating Expenses stood at $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, then advanced by 26.38% to $10.9 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $10.9 million in Q2 2026, $8.7 million in Q4 2025, and $7.3 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 209.30 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 10.94 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 61.72 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 23.58 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.94 Mn |
| 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 |