logo
logo
AXT, Inc.

AXT, Inc.

NASDAQ•AXTI
CEO: Dr. Morris S. Young Ph.D.
セクター: Technology
業種: Semiconductors
上場日: 1998-05-21
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo-photovoltaics, RF amplifier and switching, infrared light-emitting diode (LEDS) motion control, lidar for robotics and autonomous vehicles, and infrared thermal imaging. It also provides semi-insulating gallium arsenide (GaAs) substrates for use in Wi-Fi and IoT devices, transistors, direct broadcast television, power amplifiers, satellite communications, and solar cells; and semi-conducting GaAs substrates that are used in LEDs, screen displays using micro-LEDs, printer head lasers and LEDs, 3-D sensing using VCSELs, data center communication using VCSELs, sensors for industrial robotics/near-infrared sensors, optical couplers, solar cells, night vision goggles, lidar for robotics and autonomous vehicles, and other lasers, as well as laser machining, cutting, and drilling. In addition, the company offers germanium substrates for use in multi-junction solar cells for satellites, optical sensors and detectors, terrestrial concentrated photo voltaic cells, infrared detectors, and carrier wafer for LED. Further, it provides 6N+ and 7N+ purified gallium, boron trioxide, gallium-magnesium alloy, pyrolytic boron nitride (pBN) crucibles, and pBN insulating parts. It sells its products through direct salesforce in the United States, China, and Europe, as well as through independent sales representatives and distributors in Japan, Taiwan, Korea, and internationally. The company was formerly known as American Xtal Technology, Inc. and changed its name to AXT, Inc. in July 2000. AXT, Inc. was incorporated in 1986 and is headquartered in Fremont, California.
連絡先情報
4281 Technology Drive, Fremont, CA, 94538, United States
510-438-4700
www.axt.com
時価総額
$1.09B
PER (TTM)
-46.5
52.3
配当利回り
--
52週高値
$28.65
52週安値
$1.13
52週レンジ
84%
順位44Top 53.8%
3.7
F-Score
改良版 Piotroski 分析
10年ファンダメンタル
弱い • 3.7 / 9 ポイント
スコアレンジ (0-9)
8-9: 価値が優れている
6-7: 基礎体質が強い
4-5: 全体的に堅調
0-3: パフォーマンスが弱い
データ期間: 2016-2025

財務ダッシュボード

Q3 2025 データ

売上高

$27.96M+18.23%
直近4四半期の推移

EPS

-$0.04-37.05%
直近4四半期の推移

フリーCF

-$11.33M+78.08%
直近4四半期の推移

2025 Q3 決算ハイライト

主なハイライト

Revenue Declines Sharply Nine months revenue totaled $65.29M, reflecting a 12.1% decrease compared to $74.26M last year due to market factors.
Gross Profit Severely Impacted Nine months gross profit fell 67.0% to $6.42M versus $19.43M previously, driven by unfavorable yields and product mix shifts.
Net Loss Widens Significantly Net loss attributable to AXT, Inc. reached $(17.71M) for nine months, substantially worse than the $(6.54M) loss reported in 2024.
Liquidity Position Tightens Cash and restricted cash decreased to $31.21M as of September 30, 2025, following net cash usage in operations and investing.

リスク要因

Escalating Trade Tariffs Risk US tariffs on China products reached 100%; export restrictions and trade volatility severely impact revenue and profitability outlook.
Manufacturing Yield Deterioration Unfavorable yields in GaAs production lines caused a negative gross margin impact, significantly reducing overall profitability metrics.
Tongmei IPO Redemption Risk Failure of Tongmei STAR Market IPO could trigger mandatory redemption rights totaling approximately $49M from private equity investors.
Nasdaq Listing Non-Compliance Company is currently non-compliant with Nasdaq Audit Committee independence rules following director passing; cure period granted until July 2026.

見通し

Capacity Expansion Planned Intends to construct facilities at Chao Yang LiMei location to provide additional production capacity to meet anticipated future demand.
New Capital Raising Prepared Filed Form S-3 shelf registration statement to potentially offer up to $100.00M in securities for working capital needs.
Monitoring Export Permit Status Actively monitoring status of applications for export permits for indium phosphide substrates to resume US shipments.
Board Governance Adjustments Appointed new director Leonard J. Leblanc to fill vacancy and regain Audit Committee structure compliance.

同業比較

売上高 (TTM)

LightPath Technologies, Inc.LPTH
$16.39B
+50860.3%
Bakkt Holdings, Inc.BKKT
$3.85B
+102.0%
Waldencast plcWALD
$514.94M
+48.5%

粗利益率 (最新四半期)

NVE CorporationNVEC
78.6%
-5.7pp
CS Disco, Inc.LAW
75.5%
+2.4pp
Repay Holdings CorporationRPAY
74.4%
-3.4pp

主要指標

銘柄コード
時価総額
PER (TTM)
ROE (TTM)
負債比率
AXTI$1.09B-46.5-12.4%19.1%
LPTH$502.57M-0.1-48.3%6.8%
NVEC$319.64M22.623.5%2.8%

長期トレンド

直近4四半期
売上高
純利益
営業キャッシュフロー
4四半期売上高CAGR
3.6%
緩やかな成長
4四半期純利益CAGR
N/M
収益構造の変化
キャッシュフロー安定性
25%
キャッシュフローに注意が必要

深度リサーチ

次回決算:2026年2月19日
|
EPS:-$0.04
|
売上高:$24.24M
財務レポート
財務データ
全年度
  • Form 10-Q - Q3 2025

    会計期末: 2025年9月30日|提出日: 2025年11月13日|
    売上高: $27.96M+18.2%
    |
    EPS: $-0.04-37.0%
    予想を上回る
  • Form 10-Q - Q2 2025

    会計期末: 2025年6月30日|提出日: 2025年8月13日|
    売上高: $17.97M-35.6%
    |
    EPS: $-0.16+342.0%
    予想を下回る
  • Form 10-Q - Q1 2025

    会計期末: 2025年3月31日|提出日: 2025年5月14日|
    売上高: $19.36M-14.7%
    |
    EPS: $-0.20+304.0%
    予想を下回る
  • Form 10-K - FY 2024

    会計期末: 2024年12月31日|提出日: 2025年3月14日|
    売上高: $99.36M+31.1%
    |
    EPS: $-0.27+35.7%
    予想を下回る
  • Form 10-Q - Q3 2024

    会計期末: 2024年9月30日|提出日: 2024年11月12日|
    売上高: $23.65M+36.2%
    |
    EPS: $-0.07-50.6%
    予想を下回る
  • Form 10-Q - Q2 2024

    会計期末: 2024年6月30日|提出日: 2024年8月9日|
    売上高: $27.92M+50.2%
    |
    EPS: $-0.04-69.8%
    予想を上回る
  • Form 10-Q - Q1 2024

    会計期末: 2024年3月31日|提出日: 2024年5月10日|
    売上高: $22.69M+16.9%
    |
    EPS: $-0.05-42.6%
    予想を上回る
  • Form 10-K - FY 2023

    会計期末: 2023年12月31日|提出日: 2024年3月15日|
    売上高: $75.80M-46.3%
    |
    EPS: $-0.42-213.5%
    予想を下回る