Q2 FY2026 · ended Jun 30, 2026 · Revenue $47.59M, +164.8% YoY · Filed Aug 13, 2026
Axt Inc (AXTI) files with the SEC under industry code 3674, Semiconductors & Related Devices. In Q2 of fiscal 2026, the quarter ended Jun 30, 2026, it reported revenue of $47.6 million and net income of $11.1 million. Free cash flow was $3.6 million. As of Jun 30, 2026 it held $715.8 million in cash and investments and $86.0 million in total debt.
Revenue
$47.59M
+164.8% vs year-ago quarter
Net income
$11.13M
+258.8% vs year-ago quarter
Operating cash flow
$10.78M
+335.7% vs year-ago quarter
Free cash flow
$3.56M
+173.3% vs year-ago quarter
EPS
$0.17
+206.2% vs year-ago quarter
Dividend per share
None
Shares outstanding
65.57M
+42.2% vs year-ago quarter
Net cash
$629.80M
Q2 FY2026
Operating margin
3.1%
TTM
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)
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports; switch to Annual for the full-year view. Balance sheet lines are as of each year end.
| Line | 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 |
|---|---|---|---|---|---|
| Revenue | $47.6M | $26.9M | $23.0M | $28.0M | $18.0M |
| Operating income | $10.4M | -$1.6M | -$3.8M | -$1.1M | -$6.7M |
| Net income | $11.1M | -$1.6M | -$3.5M | -$1.9M | -$7.0M |
| Diluted EPS | $0.17 | -$0.03 | -$0.08 | -$0.04 | -$0.16 |
| Operating cash flow | $10.8M | -$11.7M | $4.3M | -$9.2M | -$4.6M |
| Free cash flow | $3.6M | -$13.1M | $1.3M | -$11.3M | -$4.9M |
| Total assets | $1.1B | $444.6M | $433.8M | $334.0M | $329.0M |
| Total liabilities | $145.3M | $107.6M | $99.1M | $93.6M | $88.4M |
| Stockholders' equity | $887.3M | $274.9M | $273.3M | $179.1M | $179.7M |
| Cash and investments | $715.8M | $107.1M | $120.3M | $23.1M | $27.0M |
| Total debt | $86.0M | $70.8M | $64.9M | $63.7M | $58.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Results of operations
|
Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure
|
Oct 28, 2026 | Oct 27, 2026 |
| 10-Q | Quarterly report | Aug 13, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Material agreement
|
Jul 29, 2026 | Jul 26, 2026 |
| 8-K |
Current report
Change to shareholder rights, Bylaw or fiscal year change
|
Jul 29, 2026 | Jul 26, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.