Axt AXTI
NASDAQ AXTI
$64.77 +0.07 (+0.11%)
As of: Sep 11, 2026 · 3:59 PM EDT

Axt (AXTI) Work In Process (2011 - 2025)

Axt's (AXTI) quarterly Work In Process came in at $53.7 million in Q4 2025, up 5.68% year-over-year from $50.8 million in Q4 2024, and up 10.18% quarter-over-quarter from $48.7 million in Q3 2025.

Analysis

Axt (AXTI) Work In Process (2011 - 2025) Analysis & Trends

Axt has disclosed Work In Process across 15 years of filings, most recently posting $53.7 million for Q4 2025.

  • In Q4 2025, Work In Process rose 5.68% year-over-year to $53.7 million; the TTM figure through Dec 2025 stood at $53.7 million (up 5.68% YoY), while the FY2025 annual figure was $53.7 million, up 5.68% from the prior year.
  • Work In Process came in at $53.7 million for Q4 2025 at Axt, up from $48.7 million in the prior quarter.
  • In the past five years, Work In Process ranged from a high of $54.3 million in Q1 2024 to a low of $26.3 million in Q1 2021.
  • Average Work In Process over 5 years is $43.4 million, with a median of $47.3 million recorded in 2023.
  • Year-over-year, Work In Process soared 44.84% in 2023 and decreased 9.44% in 2025.
  • Over 5 years, Work In Process stood at $32.6 million in 2021, then climbed by 22.55% to $40.0 million in 2022, then gained by 25.16% to $50.0 million in 2023, then gained by 1.54% to $50.8 million in 2024, then increased by 5.68% to $53.7 million in 2025.
  • Per Business Quant data, the three most recent Work In Process figures were $53.7 million in Q4 2025, $48.7 million in Q3 2025, and $49.4 million in Q2 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Entegris 21.40 Bn 21.04 Bn 420.00 Mn
2 Axt 4.01 Bn 3.23 Bn 21.37 Mn
3 Universal Display Corp \Pa\ 3.89 Bn 3.42 Bn 115.37 Mn
4 Photronics 1.68 Bn 1.05 Bn 65.76 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 53.67 Mn
Sep 30, 2025 48.71 Mn
Jun 30, 2025 49.40 Mn
Mar 31, 2025 49.16 Mn
Dec 31, 2024 50.78 Mn
Sep 30, 2024 52.68 Mn
Jun 30, 2024 53.85 Mn
Mar 31, 2024 54.28 Mn
Dec 31, 2023 50.01 Mn
Sep 30, 2023 47.65 Mn
Jun 30, 2023 45.46 Mn
Mar 31, 2023 46.94 Mn
Dec 31, 2022 39.96 Mn
Sep 30, 2022 40.49 Mn
Jun 30, 2022 35.98 Mn
Mar 31, 2022 32.41 Mn
Dec 31, 2021 32.61 Mn
Sep 30, 2021 30.22 Mn
Jun 30, 2021 27.02 Mn
Mar 31, 2021 26.29 Mn