Axt (AXTI) Operating Leases (2018 - 2026)
Axt's (AXTI) quarterly Operating Leases came in at $1.8 million in Q2 2026, down 20.63% year-over-year from $2.3 million in Q2 2025, and up 24.71% quarter-over-quarter from $1.4 million in Q4 2025.
Analysis
Axt (AXTI) Operating Leases (2018 - 2026) Analysis & Trends
Axt has disclosed Operating Leases across 9 years of filings, most recently posting $1.8 million for Q2 2026.
- In Q2 2026, Operating Leases fell 20.63% year-over-year to $1.8 million; the TTM figure through Jun 2026 stood at $1.8 million (down 20.63% YoY), while the FY2025 annual figure was $1.4 million, down 27.11% from the prior year.
- Operating Leases came in at $1.8 million for Q2 2026 at Axt, up from $1.4 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $2.4 million in Q3 2023 to a low of $1.2 million in Q2 2023.
- Average Operating Leases over 5 years is $1.8 million, with a median of $1.9 million recorded in 2025.
- Year-over-year, Operating Leases sank 31.99% in 2022 and surged 80.03% in 2024.
- Over 5 years, Operating Leases stood at $1.3 million in 2022, then jumped by 77.84% to $2.4 million in 2023, then dropped by 15.91% to $2.0 million in 2024, then retreated by 27.11% to $1.4 million in 2025, then grew by 24.71% to $1.8 million in 2026.
- Per Business Quant data, the three most recent Operating Leases figures were $1.8 million in Q2 2026, $1.4 million in Q4 2025, and $2.1 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Mn |
| Dec 31, 2025 | 1.44 Mn |
| Sep 30, 2025 | 2.15 Mn |
| Jun 30, 2025 | 2.26 Mn |
| Mar 31, 2025 | 1.86 Mn |
| Dec 31, 2024 | 1.98 Mn |
| Sep 30, 2024 | 1.99 Mn |
| Jun 30, 2024 | 2.08 Mn |
| Mar 31, 2024 | 2.21 Mn |
| Dec 31, 2023 | 2.35 Mn |
| Sep 30, 2023 | 2.44 Mn |
| Jun 30, 2023 | 1.16 Mn |
| Mar 31, 2023 | 1.28 Mn |
| Dec 31, 2022 | 1.32 Mn |
| Sep 30, 2022 | 1.38 Mn |
| Jun 30, 2022 | 1.60 Mn |
| Mar 31, 2022 | 1.81 Mn |
| Dec 31, 2021 | 1.94 Mn |
| Sep 30, 2021 | 2.04 Mn |
| Jun 30, 2021 | 2.16 Mn |