TTM
21.3%
YoY change
−11.26pp
Trough year (2002)
-17.2%
Peak year (1998)
46.0%
Latest annual
12.7%
Gross Margin history chart for AXT (AXTI) from 1998 to 2025
Latest: 12.7%
Gross Margin change chart for AXT (AXTI) from 1998 to 2025
Latest: −11.26pp
Gross Margin history table for AXT (AXTI) from 1998 to 2025
| 2025 | 12.7% | -11.26pp | ||
| 2024 | 24.0% | +6.42pp | ||
| 2023 | 17.6% | -19.36pp | ||
| 2022 | 36.9% | +2.42pp | ||
| 2021 | 34.5% | +2.76pp | ||
| 2020 | 31.7% | +1.93pp | ||
| 2019 | 29.8% | -6.36pp | ||
| 2018 | 36.2% | +1.24pp | ||
| 2017 | 34.9% | +2.51pp | ||
| 2016 | 32.4% | +10.72pp | ||
| 2015 | 21.7% | +1.15pp | ||
| 2014 | 20.6% | +6.70pp | ||
| 2013 | 13.9% | -14.26pp | ||
| 2012 | 28.1% | -14.89pp | ||
| 2011 | 43.0% | +4.79pp | ||
| 2010 | 38.2% | +13.17pp | ||
| 2009 | 25.1% | +0.47pp | ||
| 2008 | 24.6% | -10.23pp | ||
| 2007 | 34.8% | +6.16pp | ||
| 2006 | 28.7% | +20.37pp | ||
| 2005 | 8.3% | +8.99pp | ||
| 2004 | -0.7% | -7.15pp | ||
| 2003 | 6.4% | +23.62pp | ||
| 2002 | -17.2% | -48.42pp | ||
| 2001 | 31.2% | -14.21pp | ||
| 2000 | 45.4% | +8.20pp | ||
| 1999 | 37.3% | -8.71pp | ||
| 1998 | 46.0% | — |
- 202512.7%-11.26pp
- 202424.0%+6.42pp
- 202317.6%-19.36pp
- 202236.9%+2.42pp
- 202134.5%+2.76pp
- 202031.7%+1.93pp
- 201929.8%-6.36pp
- 201836.2%+1.24pp
- 201734.9%+2.51pp
- 201632.4%+10.72pp
- 201521.7%+1.15pp
- 201420.6%+6.70pp
- 201313.9%-14.26pp
- 201228.1%-14.89pp
- 201143.0%+4.79pp
- 201038.2%+13.17pp
- 200925.1%+0.47pp
- 200824.6%-10.23pp
- 200734.8%+6.16pp
- 200628.7%+20.37pp
- 20058.3%+8.99pp
- 2004-0.7%-7.15pp
- 20036.4%+23.62pp
- 2002-17.2%-48.42pp
- 200131.2%-14.21pp
- 200045.4%+8.20pp
- 199937.3%-8.71pp
- 199846.0%—
Gross Margin values are taken from AXT's reported income 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 Gross Margin at AXT (AXTI)
According to AXT's latest reported financial statements, the company's latest reported gross margin is 21.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, AXT (AXTI) gross margin totalled 12.73% – contracted 11.3 percentage points year-over-year.
Across the available history, gross margin reached its high of 45.96% in 1998 and its low of -17.18% in 2002.
AXT Gross Margin by Year
AXT Gross Margin 2025: 12.7%
In 2025, AXT reported gross margin of 12.73%, contracted 11.3 percentage points from 2024.
AXT Gross Margin 2024: 24.0%
AXT gross margin in 2024 was 23.99%, expanded 6.4 percentage points from 2023.
AXT Gross Margin 2023: 17.6%
2023's gross margin for AXT came in at 17.57%, contracted 19.4 percentage points from 2022.
AXT Gross Margin 2022: 36.9%
AXT posted gross margin of 36.93% in 2022, expanded 2.4 percentage points from 2021.
AXT Gross Margin 2021: 34.5%
AXT gross margin in 2021 was 34.51%.
See more financial history for AXT (AXTI).
Sector peers by Gross Margin
Technology peers of AXT (AXTI), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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