TTM
−$13.29M
YoY change
+48.5%
5Y CAGR
—
Peak year (2011)
$27.47M
Cumulative operating income
−$26.51M
Operating Income history chart for AXT (AXTI) from 1998 to 2025
Latest: −$21.98M
Operating Income growth chart for AXT (AXTI) from 1998 to 2025
Latest: +48.5%
Operating Income history table for AXT (AXTI) from 1998 to 2025
| 2025 | −$21.98M | +48.5% | −$7.17M | ||
| 2024 | −$14.80M | -31.4% | +$6.77M | ||
| 2023 | −$21.57M | -271.8% | −$34.12M | ||
| 2022 | $12.55M | -2.7% | −$343.00K | ||
| 2021 | $12.90M | +227.3% | +$8.96M | ||
| 2020 | $3.94M | -1354.8% | +$4.25M | ||
| 2019 | −$314.00K | -102.6% | −$12.46M | ||
| 2018 | $12.15M | -3.9% | −$492.00K | ||
| 2017 | $12.64M | +96.7% | +$6.21M | ||
| 2016 | $6.42M | -231.1% | +$11.32M | ||
| 2015 | −$4.90M | +71.7% | −$2.04M | ||
| 2014 | −$2.85M | -62.8% | +$4.81M | ||
| 2013 | −$7.66M | -228.4% | −$13.63M | ||
| 2012 | $5.96M | -78.3% | −$21.51M | ||
| 2011 | $27.47M | +36.1% | +$7.29M | ||
| 2010 | $20.18M | -1364.7% | +$21.78M | ||
| 2009 | −$1.60M | +4100.0% | −$1.56M | ||
| 2008 | −$38.00K | -100.7% | −$5.33M | ||
| 2007 | $5.30M | -243.9% | +$8.98M | ||
| 2006 | −$3.68M | -72.4% | +$9.63M | ||
| 2005 | −$13.31M | -10.1% | +$1.49M | ||
| 2004 | −$14.81M | +54.6% | −$5.23M | ||
| 2003 | −$9.58M | -87.0% | +$63.88M | ||
| 2002 | −$73.46M | -1060.5% | −$81.11M | ||
| 2001 | $7.65M | -63.6% | −$13.36M | ||
| 2000 | $21.01M | +198.0% | +$13.96M | ||
| 1999 | $7.05M | -32.2% | −$3.35M | ||
| 1998 | $10.40M | — | — |
- 2025−$21.98M+48.5%
- 2024−$14.80M-31.4%
- 2023−$21.57M-271.8%
- 2022$12.55M-2.7%
- 2021$12.90M+227.3%
- 2020$3.94M-1354.8%
- 2019−$314.00K-102.6%
- 2018$12.15M-3.9%
- 2017$12.64M+96.7%
- 2016$6.42M-231.1%
- 2015−$4.90M+71.7%
- 2014−$2.85M-62.8%
- 2013−$7.66M-228.4%
- 2012$5.96M-78.3%
- 2011$27.47M+36.1%
- 2010$20.18M-1364.7%
- 2009−$1.60M+4100.0%
- 2008−$38.00K-100.7%
- 2007$5.30M-243.9%
- 2006−$3.68M-72.4%
- 2005−$13.31M-10.1%
- 2004−$14.81M+54.6%
- 2003−$9.58M-87.0%
- 2002−$73.46M-1060.5%
- 2001$7.65M-63.6%
- 2000$21.01M+198.0%
- 1999$7.05M-32.2%
- 1998$10.40M—
Operating Income 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 Operating Income at AXT (AXTI)
According to AXT's latest reported financial statements, the company's current operating income (TTM) is −$13.29M. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of AXT (AXTI) operating income is −$21.98M – surged 48.5% year-over-year.
AXT operating income peaked at $27.47M in 2011; the latest annual figure is −$21.98M in 2025 (180.0% below peak).
The highest annual operating income of $27.47M was reported in 2011. The lowest in the available history was −$73.46M in 2002.
AXT Operating Income by Year
AXT Operating Income 2025: −$21.98M
2025's operating income for AXT came in at −$21.98M, surged 48.5% from 2024.
AXT Operating Income 2024: −$14.80M
AXT posted operating income of −$14.80M in 2024, plunged 31.4% below 2023.
AXT Operating Income 2023: −$21.57M
In 2023, AXT reported operating income of −$21.57M, plunged 271.8% below 2022.
AXT Operating Income 2022: $12.55M
AXT operating income in 2022 was $12.55M, edged down 2.7% below 2021.
AXT Operating Income 2021: $12.90M
AXT operating income in 2021 was $12.90M.
See more financial history for AXT (AXTI).
Sector peers by Operating Income
Technology peers of AXT (AXTI), ranked by their latest operating income
| $133.05B | |
| $130.39B | |
| $128.53B | |
| $63.06B | |
| $25.48B | |
| $13.16B | |
| $9.87B | |
| $3.69B |
- $133.05B
- $130.39B
- $128.53B
- $63.06B
- $25.48B
- $13.16B
- $9.87B
- $3.69B
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