TTM
-13.9%
YoY change
−9.98pp
Trough year (2002)
-116.3%
Peak year (2011)
26.4%
Latest annual
-24.9%
Operating Margin history chart for AXT (AXTI) from 1998 to 2025
Latest: -24.9%
Operating Margin change chart for AXT (AXTI) from 1998 to 2025
Latest: −9.98pp
Operating Margin history table for AXT (AXTI) from 1998 to 2025
| 2025 | -24.9% | -9.98pp | ||
| 2024 | -14.9% | +13.56pp | ||
| 2023 | -28.5% | -37.35pp | ||
| 2022 | 8.9% | -0.49pp | ||
| 2021 | 9.4% | +5.26pp | ||
| 2020 | 4.1% | +4.51pp | ||
| 2019 | -0.4% | -12.24pp | ||
| 2018 | 11.9% | -0.95pp | ||
| 2017 | 12.8% | +4.91pp | ||
| 2016 | 7.9% | +14.22pp | ||
| 2015 | -6.3% | -2.90pp | ||
| 2014 | -3.4% | +5.56pp | ||
| 2013 | -9.0% | -15.73pp | ||
| 2012 | 6.7% | -19.64pp | ||
| 2011 | 26.4% | +5.25pp | ||
| 2010 | 21.1% | +24.02pp | ||
| 2009 | -2.9% | -2.83pp | ||
| 2008 | -0.1% | -9.15pp | ||
| 2007 | 9.1% | +17.38pp | ||
| 2006 | -8.3% | +41.90pp | ||
| 2005 | -50.2% | -8.41pp | ||
| 2004 | -41.8% | -14.18pp | ||
| 2003 | -27.6% | +88.69pp | ||
| 2002 | -116.3% | -122.68pp | ||
| 2001 | 6.4% | -10.89pp | ||
| 2000 | 17.3% | +8.64pp | ||
| 1999 | 8.6% | -15.37pp | ||
| 1998 | 24.0% | — |
- 2025-24.9%-9.98pp
- 2024-14.9%+13.56pp
- 2023-28.5%-37.35pp
- 20228.9%-0.49pp
- 20219.4%+5.26pp
- 20204.1%+4.51pp
- 2019-0.4%-12.24pp
- 201811.9%-0.95pp
- 201712.8%+4.91pp
- 20167.9%+14.22pp
- 2015-6.3%-2.90pp
- 2014-3.4%+5.56pp
- 2013-9.0%-15.73pp
- 20126.7%-19.64pp
- 201126.4%+5.25pp
- 201021.1%+24.02pp
- 2009-2.9%-2.83pp
- 2008-0.1%-9.15pp
- 20079.1%+17.38pp
- 2006-8.3%+41.90pp
- 2005-50.2%-8.41pp
- 2004-41.8%-14.18pp
- 2003-27.6%+88.69pp
- 2002-116.3%-122.68pp
- 20016.4%-10.89pp
- 200017.3%+8.64pp
- 19998.6%-15.37pp
- 199824.0%—
Operating 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 Operating Margin at AXT (AXTI)
According to AXT's latest reported financial statements, the company's latest reported operating margin is -13.9%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of AXT (AXTI) operating margin is -24.88% – contracted 10.0 percentage points year-over-year.
2011 marks the peak operating margin at 26.39%, with the historical low of -116.28% recorded in 2002.
AXT Operating Margin by Year
AXT Operating Margin 2025: -24.9%
AXT operating margin in 2025 was -24.88%, contracted 10.0 percentage points from 2024.
AXT Operating Margin 2024: -14.9%
2024's operating margin for AXT came in at -14.90%, expanded 13.6 percentage points from 2023.
AXT Operating Margin 2023: -28.5%
AXT posted operating margin of -28.46% in 2023, contracted 37.4 percentage points from 2022.
AXT Operating Margin 2022: 8.9%
In 2022, AXT reported operating margin of 8.90%, contracted 0.5 percentage points from 2021.
AXT Operating Margin 2021: 9.4%
AXT operating margin in 2021 was 9.39%.
See more financial history for AXT (AXTI).
Sector peers by Operating Margin
Technology peers of AXT (AXTI), ranked by their latest operating margin
| 64.0% | |
| 53.2% | |
| 48.5% | |
| 46.8% | |
| 43.7% | |
| 34.8% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 53.2%
- 46.8%
- 43.7%
- 34.8%
- 32.6%
- 11.7%
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