Stock Analysis

As the results are not yet published, the most recent figures are those for the second quarter, released on 30 July 2026.

Net revenue was $22.4 million, up 14.5% from $19.6 million a year earlier. Thermal Processing Solutions revenue rose 24.9% to $17.7 million, while Semiconductor Fabrication Solutions revenue fell 13.3% to $4.6 million, which the company attributed to weakDemandfor silicon carbide wafer production products. The …

Revenue for the quarter ended 30 June 2026 was USD 80.1 million, up 15.5 per cent from USD 69.4 million. Products revenue climbed to USD 49.0 million from USD 39.2 million, while services revenue edged up to USD 31.1 million from USD 30.2 million. …

Semiconductor solutions revenue was $20.839 billion, or 70% of the total, up 127% from $9.166 billion. Infrastructure software revenue was $8.752 billion, or 30%, up 29% from $6.786 billion.

Annual recurring revenue (ARR) reached $465.1m, up 27% as reported and 24% adjusted for currency. Dollar-based net retention was 111%, or 110% adjusted for currency, while dollar-based gross retention was 89%. The gap between the two retention figures shows that expansion from existing customers …

The profit swing was larger still.GAAPnet income attributable to AXT was $11.1m, or $0.17 per diluted share, against a net loss of $1.6m in the previous quarter and a loss of $7.0m a year earlier. Non-GAAP net income, which excludes items such as stock-based …

That makes the latest reported figures those for the second quarter of 2026, covering the three months to 30 June, which the company published at the end of July.