AXT reports second quarter 2026 financial results
Revenue reached $47.6 million, a significant increase from $26.9 million in Q1 and $18.0 million a year ago. GAAP net income was $11.1 million.
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Manufacturer of compound and single-element semiconductor wafer substrates
axt.com- Headquarters
- Fremont, United States
- Founded year
- 1986
- Company type
- Public company
- Number of employees
- 1,000–5,000
- Industry
- Semiconductors
Last updated
Latest news about AXT, Inc. (AXT)
In short: AXT achieved record indium phosphide revenue of $47.6 million in Q2 2026 and signed major supply deals with Lumentum and Coherent.
Company announcements
AXT announces second quarter 2026 financial results
Revenue rose to $47.6 million and net income was $11.1 million, driven by strong demand for indium phosphide in data center applications.
AXT announced Jia-Bin Duh appointed to Board of Directors
He brings over 30 years of senior executive experience, effective July 16, 2026.
AXT appoints Tracy Liu to its board of directors
Liu brings over 30 years of business advisory experience and will help strengthen the board's understanding of global operations.
Media coverage
AXT Erases $2.1 Billion in Five Day Slide, Equal to 16.6 Times Its Annual Sales
AXT stock erased $2.1 billion in five sessions, equal to 16.6 times its annual sales, as a broader AI hardware selloff ...
China Export Shock Sends AXT Stock Sliding Hard - TipRanks.com
AXT ( ($AXTI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement. AXT Inc. shares are under pressure as...
AXT s InP Demand Is Surging: Can It Become a Long-Term Growth Driver?
AXTI's record InP revenues, $100M-plus backlog and capacity expansion point to a multiyear...
AXT Soars Again on Monday to Lead Optics Stocks. Coherent and Lumentum Rally on Indium Phosphide Price Hikes
A Taipei supply report on indium phosphide just sent shockwaves through the optics sector, and the institutional money that ...
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