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Accounts PayablesAccumulated ExpensesAssetsCash & Current InvestmentsCash & EquivalentsCommon EquityConstruction in ProgressCurrent AssetsCurrent Deferred RevenueCurrent LeasesCurrent TaxesDividends payablesFinished GoodsGoodwill & IntangiblesIntangiblesInventoryLiabilities and Shareholders EquityLong-Term Deferred TaxLong-Term InvestmentsMinority InterestNon-Current AssetsOperating LeasesOther Accumulated ExpensesOther Non-Current AssetsOther Non-Current LiabilitiesPayablesPreferred SharesPrepaid AssetsProperty, Plant & Equipment (Net)Raw MaterialsReceivablesRetained EarningsShareholder's EquityShares OutstandingShort term DebtShort-term InvestmentsTotal Current LiabilitiesTotal DebtTotal LiabilitiesTotal Non-Current LiabilitiesTreasury SharesWork In Process
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Axt (AXTI) Work In Process (2016 - 2025)

Axt's Work In Process history spans 15 years, with the latest figure at $48.7 million for Q3 2025.

  • For Q3 2025, Work In Process fell 7.54% year-over-year to $48.7 million; the TTM value through Sep 2025 reached $48.7 million, down 7.54%, while the annual FY2024 figure was $50.8 million, 1.54% up from the prior year.
  • Work In Process for Q3 2025 was $48.7 million at Axt, down from $49.4 million in the prior quarter.
  • Across five years, Work In Process topped out at $54.3 million in Q1 2024 and bottomed at $26.3 million in Q1 2021.
  • The 5-year median for Work In Process is $46.9 million (2023), against an average of $42.8 million.
  • The largest annual shift saw Work In Process soared 44.84% in 2023 before it decreased 9.44% in 2025.
  • A 5-year view of Work In Process shows it stood at $32.6 million in 2021, then grew by 22.55% to $40.0 million in 2022, then increased by 25.16% to $50.0 million in 2023, then increased by 1.54% to $50.8 million in 2024, then decreased by 4.08% to $48.7 million in 2025.
  • Per Business Quant, the three most recent readings for AXTI's Work In Process are $48.7 million (Q3 2025), $49.4 million (Q2 2025), and $49.2 million (Q1 2025).