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

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

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

Axt has reported Work In Process for 15 years, with the latest figure at $53.7 million in Q4 2025.

  • Work In Process for Q4 2025 came in at $53.7 million, up 5.68% year-over-year; the trailing twelve-month figure through Dec 2025 was $53.7 million (up 5.68% YoY), and the FY2025 annual result 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.
  • 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.
  • A 5-year average of $43.4 million and a median of $47.3 million in 2023 frame the typical range for Work In Process.
  • Annual changes were most pronounced in 2023 — Work In Process jumped 44.84% — and 2025, when it slipped 9.44%.
  • Axt's Work In Process stood at $32.6 million in 2021, then increased by 22.55% to $40.0 million in 2022, then climbed by 25.16% to $50.0 million in 2023, then climbed by 1.54% to $50.8 million in 2024, then gained by 5.68% to $53.7 million in 2025.
  • The last three Work In Process figures came in at $53.7 million (Q4 2025), $48.7 million (Q3 2025), and $49.4 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Asml Holding 636.08 Bn 620.57 Bn 5.90 Bn
2 Applied Materials 406.04 Bn 399.30 Bn 3.95 Bn
3 Lam Research 369.24 Bn 364.49 Bn 2.91 Bn
4 Kla 240.65 Bn 238.86 Bn 2.09 Bn
5 Teradyne 58.07 Bn 57.82 Bn 780.95 Mn
6 Qnity Electronics 27.70 Bn 26.85 Bn 618.00 Mn
7 Entegris 18.25 Bn 17.80 Bn 380.80 Mn
8 Onto Innovation 12.83 Bn 12.17 Bn 146.39 Mn
9 Amkor Technology 12.41 Bn 9.90 Bn 318.59 Mn
10 Axt 2.66 Bn 2.53 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