Axt (AXTI) Research & Development (2011 - 2025)

Axt has disclosed Research & Development across 15 years of filings, most recently posting $2.4 million for Q4 2025.

• Research & Development for Q4 2025 came in at $2.4 million, down 42.1% year-over-year; the trailing twelve-month figure through Dec 2025 was $9.0 million (down 37.78% YoY), and the FY2025 annual result was $9.0 million, down 37.78% from the prior year.
• Research & Development came in at $2.4 million for Q4 2025 at Axt, up from $1.0 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $4.1 million in Q4 2024 to a low of $1.0 million in Q3 2025.
• The 5-year median for Research & Development is $3.0 million (2023), against an average of $3.0 million.
• Across the five-year window, Research & Development jumped 70.93% in 2021 and tumbled 70.54% in 2025, its largest moves.
• Axt's Research & Development stood at $2.8 million in 2021, then surged by 32.83% to $3.7 million in 2022, then dropped by 22.99% to $2.8 million in 2023, then surged by 46.56% to $4.1 million in 2024, then plunged by 42.1% to $2.4 million in 2025.
• The last three Research & Development figures came in at $2.4 million (Q4 2025), $1.0 million (Q3 2025), and $2.5 million (Q2 2025), per Business Quant data.