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| 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 |