Axt (AXTI) Research & Development (2011 - 2026)
Axt's (AXTI) quarterly Research & Development came in at $3.7 million in Q2 2026, up 44.59% year-over-year from $2.5 million in Q2 2025, and up 52.57% quarter-over-quarter from $2.4 million in Q4 2025.
Analysis
Axt (AXTI) Research & Development (2011 - 2026) Analysis & Trends
Axt has disclosed Research & Development across 16 years of filings, most recently posting $3.7 million for Q2 2026.
- In Q2 2026, Research & Development rose 44.59% year-over-year to $3.7 million; the TTM figure through Jun 2026 stood at $9.6 million (down 27.49% YoY), while the FY2025 annual figure was $9.0 million, down 37.78% from the prior year.
- Research & Development came in at $3.7 million for Q2 2026 at Axt, up from $2.4 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.
- Average Research & Development over 5 years is $3.1 million, with a median of $3.2 million recorded in 2024.
- Year-over-year, Research & Development soared 46.56% in 2024 and slumped 70.54% in 2025.
- Over 5 years, Research & Development stood at $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 slumped by 42.1% to $2.4 million in 2025, then surged by 52.57% to $3.7 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $3.7 million in Q2 2026, $2.4 million in Q4 2025, and $1.0 million in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Entegris | 21.40 Bn | 21.04 Bn | 420.00 Mn | 82.80 Mn |
| 2 | Axt | 4.01 Bn | 3.23 Bn | 21.37 Mn | 3.65 Mn |
| 3 | Universal Display Corp \Pa\ | 3.89 Bn | 3.42 Bn | 115.37 Mn | 34.97 Mn |
| 4 | Photronics | 1.68 Bn | 1.05 Bn | 65.76 Mn | 2.82 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 |