Axt Inc revenue by segment AXTI

Axt Inc splits its revenue into 2 lines in its filings. The largest line in Q2 of fiscal 2026, the quarter ended Jun 30, 2026 was Substrates at $37.6 million, 79% of the total.

USD in millions. The percent under a figure is the change from the same quarter a year earlier.

Line
TTM
Jun 30, 2026
Q2 FY2026
Jun 30, 2026
Q1 FY2026
Mar 31, 2026
Q4 FY2025
Dec 31, 2025
Q3 FY2025
Sep 30, 2025
Q2 FY2025
Jun 30, 2025
Q1 FY2025
Mar 31, 2025
Q4 FY2024
Dec 31, 2024
Q3 FY2024
Sep 30, 2024
Revenue
126
48
27
23
28
18
19
25
24
Substrates
93
+74.6%
share 74.4%
38
+232.7%
share 78.9%
19
+74.0%
share 71.6%
15
-5.1%
share 66.3%
21
+41.7%
share 76.0%
11
share 62.8%
11
share 57.3%
16
share 64.1%
15
share 63.5%
Raw Materials And Other
32
-1.4%
share 25.6%
10
+50.0%
share 21.1%
8
-7.6%
share 28.4%
8
-13.7%
share 33.7%
7
-22.5%
share 24.0%
7
share 37.2%
8
share 42.7%
9
share 35.9%
9
share 36.5%
How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry
Semiconductors & Related Devices (SIC 3674)
Listed as
AXTI (Nasdaq)
Fiscal year ends
December 31
Incorporated in
DE
Headquarters
Fremont, CA
SEC filer status
Non-accelerated filer, Smaller reporting company
SEC CIK
1051627
Former names
AMERICAN XTAL TECHNOLOGY (until Jun 8, 2000)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.