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

Axt (AXTI) posted Work In Process of $53.7 million for Q4 2025, up 10.18% sequentially from $48.7 million in Q3 2025, and up 5.68% YoY from $50.8 million in Q4 2024.

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

Axt (AXTI) has 15 years of Work In Process data on file, last reported at $53.7 million in Q4 2025.

  • Quarterly Work In Process rose 5.68% year-over-year to $53.7 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $53.7 million (up 5.68% YoY) and the FY2025 annual result came in at $53.7 million, up 5.68% from the prior year.
  • Work In Process improved to $53.7 million in Q4 2025 per AXTI's latest filing, from $48.7 million in the prior quarter.
  • The five-year high for Work In Process was $54.3 million in Q1 2024, with the low at $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 declined 9.44% in 2025.
  • Axt's Work In Process stood at $32.6 million in 2021, then rose by 22.55% to $40.0 million in 2022, then grew by 25.16% to $50.0 million in 2023, then grew by 1.54% to $50.8 million in 2024, then advanced by 5.68% to $53.7 million in 2025.
  • Business Quant data shows AXTI's Work In Process at $53.7 million in Q4 2025, $48.7 million in Q3 2025, and $49.4 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn
10 Axt 2.86 Bn 2.75 Bn 4.83 Mn

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