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

Axt has reported Research & Development for 15 years, with the latest figure at $2.4 million in 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.
• The five-year high for Research & Development was $4.1 million in Q4 2024, with the low at $1.0 million in Q3 2025.
• A 5-year average of $3.0 million and a median of $3.0 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2021 — Research & Development soared 70.93% — and 2025, when it tumbled 70.54%.
• Axt's Research & Development stood at $2.8 million in 2021, then jumped by 32.83% to $3.7 million in 2022, then fell by 22.99% to $2.8 million in 2023, then jumped 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.