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Axt (AXTI) Research & Development: 2010-2024

Historic Research & Development for Axt (AXTI) over the last 15 years, with FY2024 value amounting to $14.5 million.

  • Axt's Research & Development fell 7053.52% to $1.0 million in Q3 2025 from the same period last year, while for Sep 2025 it was $9.2 million, marking a year-over-year decrease of 3519.9%. This contributed to the annual value of $14.5 million for FY2024, which is 2037.91% up from last year.
  • According to the latest figures from FY2024, Axt's Research & Development is $14.5 million, which was up 2037.91% from $12.1 million recorded in FY2023.
  • In the past 5 years, Axt's Research & Development registered a high of $14.5 million during FY2024, and its lowest value of $7.1 million during FY2020.
  • Its 5-year average for Research & Development is $11.6 million, with a median of $12.1 million in 2023.
  • Per our database at Business Quant, Axt's Research & Development skyrocketed by 4475.12% in 2021 and then crashed by 1316.75% in 2023.
  • Over the past 5 years, Axt's Research & Development (Annual) stood at $7.1 million in 2020, then skyrocketed by 44.75% to $10.3 million in 2021, then surged by 34.71% to $13.9 million in 2022, then decreased by 13.17% to $12.1 million in 2023, then rose by 20.38% to $14.5 million in 2024.
  • Its last three reported values are $14.5 million in FY2024, $12.1 million for FY2023, and $13.9 million during FY2022.