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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |