Axt (AXTI) Operating Expenses (2011 - 2026)
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 - 2026) Analysis & Trends
Axt has reported Operating Expenses for 15 years, with the latest figure 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.
- Over five years, Operating Expenses peaked at $10.6 million in Q4 2024 and troughed at $7.3 million in Q3 2025.
- A 5-year average of $9.0 million and a median of $9.1 million in 2021 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2021 and 2025: Operating Expenses jumped 37.0% in 2021, then declined 19.16% in 2025.
- Over 5 years, Operating Expenses stood at $9.1 million in 2021, then advanced by 5.4% to $9.6 million in 2022, then declined by 14.69% to $8.2 million in 2023, then climbed by 29.14% to $10.6 million in 2024, then retreated by 18.1% to $8.7 million in 2025.
- According to Business Quant data, Operating Expenses over the past three periods registered $8.7 million, $7.3 million, and $8.2 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Asml Holding | 683.77 Bn | 668.27 Bn | 5.90 Bn | - |
| 2 | Lam Research | 393.97 Bn | 388.39 Bn | 3.48 Bn | 965.25 Mn |
| 3 | Applied Materials | 389.80 Bn | 381.56 Bn | 3.95 Bn | 1.42 Bn |
| 4 | Kla | 240.86 Bn | 239.21 Bn | 2.24 Bn | 690.50 Mn |
| 5 | Teradyne | 58.87 Bn | 58.52 Bn | 794.62 Mn | 356.81 Mn |
| 6 | Qnity Electronics | 27.06 Bn | 26.10 Bn | 666.00 Mn | 298.00 Mn |
| 7 | Entegris | 21.93 Bn | 21.58 Bn | 420.00 Mn | 209.30 Mn |
| 8 | Onto Innovation | 14.50 Bn | 12.61 Bn | 183.25 Mn | 119.70 Mn |
| 9 | Amkor Technology | 12.45 Bn | 9.94 Bn | 318.59 Mn | 118.74 Mn |
| 10 | Axt | 4.33 Bn | 3.54 Bn | 21.37 Mn | 10.94 Mn |
Historic Data
Download 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 |