Axt (AXTI) Tax Rate (2011 - 2026)
Axt (AXTI) recorded Tax Rate of 13.89% in Q2 2026, up 22.05 percentage points from -8.16% a year earlier.
Axt (AXTI) Tax Rate (2011 - 2026) Analysis & Trends
On a TTM basis, Axt's Tax Rate came in at 105.61% as of Jun 30, 2026, up 111.20 percentage points year-over-year; for FY2025, it was -7.89%, up 2.71 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -36.50 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at -10.60% in FY2024 (-9.55 pp), -1.05% in FY2023 (-11.56 pp), 10.51% in FY2022 (+4.26 pp) and 6.25% in FY2021 (-22.36 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2022.
- On a year-over-year basis, Tax Rate rose in four of the last seven quarters, with an average year-over-year change of -1.83 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 22.05 percentage points in Q2 2026, against a drop of 33.17 percentage points in Q3 2021 at the low end.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,503.96 Bn | 5,278.12 Bn | 72.14 Bn | 16.53% |
| 2 | Taiwan Semiconductor Manufacturing | 2,366.45 Bn | 1,992.15 Bn | 27.22 Bn | 18.05% |
| 3 | Broadcom | 1,676.58 Bn | 1,602.63 Bn | 20.46 Bn | 14.32% |
| 4 | Micron Technology | 1,202.51 Bn | 1,141.27 Bn | 35.06 Bn | 14.99% |
| 5 | Advanced Micro Devices | 998.39 Bn | 955.14 Bn | 6.20 Bn | 9.88% |
| 6 | Asml Holding | 698.25 Bn | 654.08 Bn | 5.90 Bn | - |
| 7 | Intel | 606.32 Bn | 491.05 Bn | 6.51 Bn | - |
| 8 | Lam Research | 411.06 Bn | 387.85 Bn | 3.48 Bn | 10.87% |
| 9 | Applied Materials | 405.83 Bn | 371.27 Bn | 4.59 Bn | 12.69% |
| 10 | Axt | 5.08 Bn | 4.36 Bn | 21.37 Mn | 13.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.89% |
| Dec 31, 2022 | 0.80% |
| Sep 30, 2022 | 6.93% |
| Jun 30, 2022 | 13.56% |
| Mar 31, 2022 | 14.25% |
| Jun 30, 2021 | 16.21% |
| Mar 31, 2021 | 16.54% |
| Dec 31, 2020 | 4.29% |
| Sep 30, 2020 | 30.08% |
| Jun 30, 2020 | 48.96% |
| Mar 31, 2020 | 62.78% |
| Jun 30, 2019 | 25.57% |
| Sep 30, 2018 | 9.00% |
| Jun 30, 2018 | 7.46% |
| Mar 31, 2018 | 9.48% |
| Dec 31, 2017 | 3.85% |
| Sep 30, 2017 | 3.81% |
| Jun 30, 2017 | 15.15% |
| Mar 31, 2017 | 27.23% |
| Dec 31, 2016 | 0.98% |
Axt Tax Rate 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=tax-rate&ticker=AXTI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=AXTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();