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

Axt has disclosed Work In Process across 15 years of filings, most recently posting $53.7 million for 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.
• 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.
• The 5-year median for Work In Process is $47.3 million (2023), against an average of $43.4 million.
• Across the five-year window, Work In Process surged 44.84% in 2023 and retreated 9.44% in 2025, its largest moves.
• Axt's 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.
• 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.