Axt (AXTI) Research & Development (2011 - 2026)
Axt's Research & Development came in at $3.65 million for Q2 2026, up 44.6% from $2.53 million a year earlier.
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Analysis
Axt (AXTI) Research & Development (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Axt reported Research & Development of $9.58 million, down 27.5% year-over-year; for FY2025, it came in at $9.05 million, down 37.8% from FY2024.
- Research & Development carries a five-year compound annual growth rate of 4.9% (FY2020 to FY2025).
- Going back by year, Research & Development was $14.54 million in FY2024 (+20.4%), $12.08 million in FY2023 (-13.2%), $13.91 million in FY2022 (+34.7%) and $10.33 million in FY2021 (+44.8%).
- The Q2 2026 figure represents the highest quarterly Research & Development since Q4 2024.
- Year-over-year, Research & Development increased in three of the last seven quarters, with an average decline of 5.7%.
- The fastest year-over-year change in Research & Development over five years came in Q4 2024 (growth of 46.6%), and the weakest in Q3 2025 (a decline of 70.5%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,503.96 Bn | 5,278.12 Bn | 72.14 Bn | 7.05 Bn |
| 2 | Taiwan Semiconductor Manufacturing | 2,366.45 Bn | 1,992.15 Bn | 27.22 Bn | 2.31 Bn |
| 3 | Broadcom | 1,676.58 Bn | 1,602.63 Bn | 20.46 Bn | 2.90 Bn |
| 4 | Micron Technology | 1,202.51 Bn | 1,141.27 Bn | 35.06 Bn | 1.32 Bn |
| 5 | Advanced Micro Devices | 998.39 Bn | 955.14 Bn | 6.20 Bn | 2.53 Bn |
| 6 | Asml Holding | 698.25 Bn | 654.08 Bn | 5.90 Bn | - |
| 7 | Intel | 606.32 Bn | 491.05 Bn | 6.51 Bn | 3.37 Bn |
| 8 | Lam Research | 411.06 Bn | 387.85 Bn | 3.48 Bn | 642.92 Mn |
| 9 | Applied Materials | 405.83 Bn | 371.27 Bn | 4.59 Bn | 1.10 Bn |
| 10 | Axt | 5.08 Bn | 4.36 Bn | 21.37 Mn | 3.65 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.65 Mn |
| Dec 31, 2025 | 2.39 Mn |
| Sep 30, 2025 | 1.01 Mn |
| Jun 30, 2025 | 2.53 Mn |
| Mar 31, 2025 | 3.12 Mn |
| Dec 31, 2024 | 4.13 Mn |
| Sep 30, 2024 | 3.44 Mn |
| Jun 30, 2024 | 3.76 Mn |
| Mar 31, 2024 | 3.21 Mn |
| Dec 31, 2023 | 2.82 Mn |
| Sep 30, 2023 | 2.93 Mn |
| Jun 30, 2023 | 2.74 Mn |
| Mar 31, 2023 | 3.60 Mn |
| Dec 31, 2022 | 3.66 Mn |
| Sep 30, 2022 | 3.64 Mn |
| Jun 30, 2022 | 3.45 Mn |
| Mar 31, 2022 | 3.16 Mn |
| Dec 31, 2021 | 2.76 Mn |
| Sep 30, 2021 | 2.63 Mn |
| Jun 30, 2021 | 2.54 Mn |
API Access
Axt Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=AXTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "AXTI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=AXTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();