Axt AXTI
NASDAQ AXTI
$52.08 +0.52 (+1.01%)
At close: Oct 23, 2026 · 4:00 PM EDT

Axt (AXTI) Tax Rate (2011 - 2026)

Updated

Axt (AXTI) recorded Tax Rate of 13.89% in Q2 2026, up 22.05 percentage points from -8.16% a year earlier.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Nvidia 5,109.17 Bn 4,883.33 Bn 72.14 Bn 16.53%
2 Taiwan Semiconductor Manufacturing 2,161.49 Bn 1,786.35 Bn 27.22 Bn 18.05%
3 Broadcom 1,533.75 Bn 1,459.79 Bn 20.46 Bn 14.32%
4 Micron Technology 989.15 Bn 894.78 Bn 47.05 Bn 14.88%
5 Advanced Micro Devices 840.45 Bn 797.19 Bn 6.20 Bn 9.88%
6 Asml Holding 609.94 Bn 565.63 Bn 5.90 Bn -
7 Intel 442.11 Bn 311.24 Bn 6.51 Bn -
8 Applied Materials 298.82 Bn 264.26 Bn 4.59 Bn 12.69%
9 Lam Research 287.79 Bn 263.84 Bn 4.30 Bn 16.88%
10 Axt 3.17 Bn 2.42 Bn 21.37 Mn 13.89%
Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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