TTM
$20.46M
YoY change
-52.8%
5Y CAGR
-18.0%
Peak year (2000)
$55.22M
Cumulative gross profit
$661.85M
Gross Profit history chart for AXT (AXTI) from 1998 to 2025
Latest: $11.24M
Gross Profit growth chart for AXT (AXTI) from 1998 to 2025
Latest: -52.8%
Gross Profit history table for AXT (AXTI) from 1998 to 2025
| 2025 | $11.24M | -52.8% | −$12.59M | ||
| 2024 | $23.84M | +79.0% | +$10.52M | ||
| 2023 | $13.32M | -74.4% | −$38.80M | ||
| 2022 | $52.12M | +9.9% | +$4.71M | ||
| 2021 | $47.41M | +56.6% | +$17.14M | ||
| 2020 | $30.27M | +22.0% | +$5.45M | ||
| 2019 | $24.82M | -33.0% | −$12.22M | ||
| 2018 | $37.05M | +7.5% | +$2.57M | ||
| 2017 | $34.48M | +30.7% | +$8.09M | ||
| 2016 | $26.38M | +56.8% | +$9.55M | ||
| 2015 | $16.83M | -2.0% | −$338.00K | ||
| 2014 | $17.17M | +45.1% | +$5.34M | ||
| 2013 | $11.83M | -52.4% | −$13.02M | ||
| 2012 | $24.85M | -44.5% | −$19.93M | ||
| 2011 | $44.78M | +22.7% | +$8.29M | ||
| 2010 | $36.49M | +163.1% | +$22.63M | ||
| 2009 | $13.87M | -22.8% | −$4.09M | ||
| 2008 | $17.96M | -11.4% | −$2.30M | ||
| 2007 | $20.26M | +59.1% | +$7.53M | ||
| 2006 | $12.74M | +479.2% | +$10.54M | ||
| 2005 | $2.20M | -976.1% | +$2.45M | ||
| 2004 | −$251.00K | -111.2% | −$2.49M | ||
| 2003 | $2.23M | -120.6% | +$13.09M | ||
| 2002 | −$10.86M | -129.1% | −$48.20M | ||
| 2001 | $37.34M | -32.4% | −$17.88M | ||
| 2000 | $55.22M | +81.8% | +$24.85M | ||
| 1999 | $30.37M | +52.6% | +$10.47M | ||
| 1998 | $19.90M | — | — |
- 2025$11.24M-52.8%
- 2024$23.84M+79.0%
- 2023$13.32M-74.4%
- 2022$52.12M+9.9%
- 2021$47.41M+56.6%
- 2020$30.27M+22.0%
- 2019$24.82M-33.0%
- 2018$37.05M+7.5%
- 2017$34.48M+30.7%
- 2016$26.38M+56.8%
- 2015$16.83M-2.0%
- 2014$17.17M+45.1%
- 2013$11.83M-52.4%
- 2012$24.85M-44.5%
- 2011$44.78M+22.7%
- 2010$36.49M+163.1%
- 2009$13.87M-22.8%
- 2008$17.96M-11.4%
- 2007$20.26M+59.1%
- 2006$12.74M+479.2%
- 2005$2.20M-976.1%
- 2004−$251.00K-111.2%
- 2003$2.23M-120.6%
- 2002−$10.86M-129.1%
- 2001$37.34M-32.4%
- 2000$55.22M+81.8%
- 1999$30.37M+52.6%
- 1998$19.90M—
Gross Profit 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 Profit at AXT (AXTI)
According to AXT's latest reported financial statements, the company's current gross profit (TTM) is $20.46M. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
AXT (AXTI) most recent annual gross profit stands at $11.24M (2025) – plunged 52.8% year-over-year.
AXT gross profit has contracted on net over the period, with a -18.0% compound annual growth rate over 2020–2025 (5 years).
AXT gross profit plunged from $55.22M in 2000 to $11.24M in 2025, a 79.6% drawdown.
$55.22M stands as the all-time-high annual gross profit, posted in 2000, against a low of −$10.86M during 2002.
AXT Gross Profit by Year
AXT Gross Profit 2025: $11.24M
2025's gross profit for AXT came in at $11.24M, plunged 52.8% below 2024.
AXT Gross Profit 2024: $23.84M
AXT posted gross profit of $23.84M in 2024, surged 79.0% from 2023.
AXT Gross Profit 2023: $13.32M
In 2023, AXT reported gross profit of $13.32M, plunged 74.4% below 2022.
AXT Gross Profit 2022: $52.12M
AXT gross profit in 2022 was $52.12M, grew 9.9% from 2021.
AXT Gross Profit 2021: $47.41M
AXT gross profit in 2021 was $47.41M.
See more financial history for AXT (AXTI).
Sector peers by Gross Profit
Technology peers of AXT (AXTI), ranked by their latest gross profit
| $195.20B | |
| $193.89B | |
| $153.46B | |
| $74.32B | |
| $43.29B | |
| $20.09B | |
| $17.15B | |
| $14.87B |
- $195.20B
- $193.89B
- $153.46B
- $74.32B
- $43.29B
- $20.09B
- $17.15B
- $14.87B
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