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Latest period

$6.86M

YoY change

+3.9%

5Y CAGR

-21.3%

Peak year (2018)

$40.54M

CapEx history chart for AXT (AXTI) from 1998 to 2025

Latest: $6.00M

CapEx growth chart for AXT (AXTI) from 1998 to 2025

Latest: +3.9%

CapEx history table for AXT (AXTI) from 1998 to 2025

  • 2025$6.00M+3.9%
  • 2024$5.77M-44.9%
  • 2023$10.47M-63.2%
  • 2022$28.46M-4.0%
  • 2021$29.64M+49.3%
  • 2020$19.86M-8.9%
  • 2019$21.79M-46.2%
  • 2018$40.54M+89.8%
  • 2017$21.36M+682.8%
  • 2016$2.73M-34.3%
  • 2015$4.15M+110.6%
  • 2014$1.97M-63.7%
  • 2013$5.42M-23.4%
  • 2012$7.08M-46.0%
  • 2011$13.10M+105.2%
  • 2010$6.39M+225.3%
  • 2009$1.96M-71.1%
  • 2008$6.79M+83.2%
  • 2007$3.71M-16.9%
  • 2006$4.46M+91.4%
  • 2005$2.33M+8.9%
  • 2004$2.14M-1.7%
  • 2003$2.17M-84.7%
  • 2002$14.24M-44.9%
  • 2001$25.83M-1.7%
  • 2000$26.28M+249.1%
  • 1999$7.53M-54.1%
  • 1998$16.40M

CapEx values are taken from AXT's reported cash flow statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About CapEx at AXT (AXTI)

According to AXT's latest reported financial statements, the company's current CapEx (TTM) is $6.86M. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

As of the 2025 fiscal year, AXT (AXTI) reported CapEx of $6.00M – edged up 3.9% year-over-year.

AXT CapEx has contracted on net over the period, with a -21.3% compound annual growth rate over 2020–2025 (5 years).

AXT CapEx plunged from $40.54M in 2018 to $6.00M in 2025, a 85.2% drawdown.

The record annual CapEx stands at $40.54M, reached in 2018; the historical low of $1.96M was recorded in 2009.

AXT Capital Expenditures by Year

AXT Capital Expenditures 2025: $6.00M

In 2025, AXT reported CapEx of $6.00M, edged up 3.9% from 2024.

AXT Capital Expenditures 2024: $5.77M

AXT CapEx in 2024 was $5.77M, plunged 44.9% below 2023.

AXT Capital Expenditures 2023: $10.47M

2023's CapEx for AXT came in at $10.47M, plunged 63.2% below 2022.

AXT Capital Expenditures 2022: $28.46M

AXT posted CapEx of $28.46M in 2022, edged down 4.0% below 2021.

AXT Capital Expenditures 2021: $29.64M

AXT CapEx in 2021 was $29.64M.

See more financial history for AXT (AXTI).

Sector peers by CapEx

Technology peers of AXT (AXTI), ranked by their latest CapEx

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