Axt annual free cash flow
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2025
Axt Free Cash Flow (FCF) History (AXTI)
Axt reported −$18.8M in free cash flow for fiscal 2025, a decrease of $895,000 from the previous fiscal year, with a free cash flow margin of −21.26%.
View full Axt company overviewAxt free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | −$18.8M | −$895,000 | — | −21.26% |
| 2024 | 2024-12-31 | −$17.9M | −$10.8M | — | −18.00% |
| 2023 | 2023-12-31 | −$7.1M | $30.2M | — | −9.33% |
| 2022 | 2022-12-31 | −$37.2M | −$4.3M | — | −26.38% |
| 2021 | 2021-12-31 | −$33.0M | −$19.0M | — | −23.98% |
| 2020 | 2020-12-31 | −$14.0M | −$4.9M | — | −14.67% |
| 2019 | 2019-12-31 | −$9.1M | $28.2M | — | −10.97% |
| 2018 | 2018-12-31 | −$37.3M | −$24.6M | — | −36.45% |
| 2017 | 2017-12-31 | −$12.7M | −$22.5M | — | −12.91% |
| 2016 | 2016-12-31 | $9.8M | $12.0M | — | +12.02% |
| 2015 | 2015-12-31 | −$2.3M | −$3.8M | — | −2.93% |
| 2014 | 2014-12-31 | $1.5M | $4.4M | — | +1.83% |
| 2013 | 2013-12-31 | −$2.9M | −$17.1M | — | −3.42% |
| 2012 | 2012-12-31 | $14.2M | $9.2M | +182.76% | +16.09% |
| 2011 | 2011-12-31 | $5.0M | $407,000 | +8.80% | +4.83% |
| 2010 | 2010-12-31 | $4.6M | $1.9M | +71.10% | +4.84% |
| 2009 | 2009-12-31 | $2.7M | — | — | +4.88% |
Axt quarterly free cash flow
Q3.10
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $3.6M | $8.4M | — | +7.48% |
| Q1 2026 | 2026-03-31 | −$13.1M | −$9.2M | — | −48.49% |
| Q4 2025 | 2025-12-31 | $1.3M | $156,000 | +14.14% | +5.46% |
| Q3 2025 | 2025-09-30 | −$11.3M | −$5.0M | — | −40.52% |
| Q2 2025 | 2025-06-30 | −$4.9M | −$5.4M | — | −27.01% |
| Q1 2025 | 2025-03-31 | −$3.9M | $9.3M | — | −19.92% |
| Q4 2024 | 2024-12-31 | $1.1M | $377,000 | +51.93% | +4.39% |
| Q3 2024 | 2024-09-30 | −$6.4M | −$1.2M | — | −26.90% |
| Q2 2024 | 2024-06-30 | $572,000 | −$552,000 | −49.11% | +2.05% |
| Q1 2024 | 2024-03-31 | −$13.2M | −$8.0M | — | −58.17% |
| Q4 2023 | 2023-12-31 | $726,000 | $490,000 | +207.63% | +3.55% |
| Q3 2023 | 2023-09-30 | −$5.2M | $17.6M | — | −29.82% |
| Q2 2023 | 2023-06-30 | $1.1M | $1.2M | — | +6.04% |
| Q1 2023 | 2023-03-31 | −$5.2M | $10.1M | — | −26.54% |
| Q4 2022 | 2022-12-31 | $236,000 | $3.4M | — | +0.88% |
| Q3 2022 | 2022-09-30 | −$22.7M | −$16.5M | — | −64.66% |
| Q2 2022 | 2022-06-30 | −$117,000 | $9.4M | — | −0.30% |
| Q1 2022 | 2022-03-31 | −$15.2M | −$1.1M | — | −38.33% |
| Q4 2021 | 2021-12-31 | −$3.1M | $5.1M | — | −8.26% |
| Q3 2021 | 2021-09-30 | −$6.2M | −$4.9M | — | −18.02% |
| Q2 2021 | 2021-06-30 | −$9.5M | −$13.3M | — | −28.21% |
| Q1 2021 | 2021-03-31 | −$14.1M | −$5.8M | — | −44.93% |
| Q4 2020 | 2020-12-31 | −$8.2M | −$5.7M | — | −30.31% |
| Q3 2020 | 2020-09-30 | −$1.3M | $3.0M | — | −5.16% |
| Q2 2020 | 2020-06-30 | $3.8M | $268,000 | +7.67% | +16.99% |
| Q1 2020 | 2020-03-31 | −$8.2M | −$2.5M | — | −39.78% |
| Q4 2019 | 2019-12-31 | −$2.5M | $303,000 | — | −13.59% |
| Q3 2019 | 2019-09-30 | −$4.4M | $7.8M | — | −21.94% |
| Q2 2019 | 2019-06-30 | $3.5M | $15.6M | — | +14.09% |
| Q1 2019 | 2019-03-31 | −$5.8M | $4.5M | — | −28.56% |
| Q4 2018 | 2018-12-31 | −$2.8M | $1.4M | — | −12.62% |
| Q3 2018 | 2018-09-30 | −$12.1M | −$2.2M | — | −42.39% |
| Q2 2018 | 2018-06-30 | −$12.1M | −$12.7M | — | −44.72% |
| Q1 2018 | 2018-03-31 | −$10.3M | −$11.1M | — | −41.99% |
| Q4 2017 | 2017-12-31 | −$4.2M | −$10.6M | — | −15.85% |
| Q3 2017 | 2017-09-30 | −$9.9M | −$12.0M | — | −35.30% |
| Q2 2017 | 2017-06-30 | $570,000 | −$1.6M | −73.87% | +2.42% |
| Q1 2017 | 2017-03-31 | $805,000 | $1.7M | — | +3.90% |
| Q4 2016 | 2016-12-31 | $6.5M | $7.5M | — | +31.91% |
| Q3 2016 | 2016-09-30 | $2.0M | $1.4M | +201.63% | +9.29% |
| Q2 2016 | 2016-06-30 | $2.2M | $3.0M | — | +10.64% |
| Q1 2016 | 2016-03-31 | −$906,000 | $243,000 | — | −4.84% |
| Q4 2015 | 2015-12-31 | −$1.0M | −$1.3M | — | −5.67% |
| Q3 2015 | 2015-09-30 | $674,000 | $1.8M | — | +3.67% |
| Q2 2015 | 2015-06-30 | −$773,000 | −$3.6M | — | −3.68% |
| Q1 2015 | 2015-03-31 | −$1.1M | −$599,000 | — | −5.73% |
| Q4 2014 | 2014-12-31 | $323,000 | $3.3M | — | +1.65% |
| Q3 2014 | 2014-09-30 | −$1.1M | −$4.1M | — | −4.77% |
| Q2 2014 | 2014-06-30 | $2.9M | $5.3M | — | +13.32% |
| Q1 2014 | 2014-03-31 | −$550,000 | −$177,000 | — | −2.84% |
| Q4 2013 | 2013-12-31 | −$3.0M | −$2.6M | — | −16.14% |
| Q3 2013 | 2013-09-30 | $3.0M | −$2.0M | −40.38% | +14.40% |
| Q2 2013 | 2013-06-30 | −$2.5M | −$3.7M | — | −10.46% |
| Q1 2013 | 2013-03-31 | −$373,000 | −$8.8M | — | −1.67% |
| Q4 2012 | 2012-12-31 | −$391,000 | −$3.0M | — | −2.07% |
| Q3 2012 | 2012-09-30 | $5.0M | $1.4M | +40.69% | +23.81% |
| Q2 2012 | 2012-06-30 | $1.2M | $1.0M | +535.05% | +4.90% |
| Q1 2012 | 2012-03-31 | $8.4M | $9.7M | — | +35.88% |
| Q4 2011 | 2011-12-31 | $2.6M | $781,000 | +43.53% | +12.14% |
| Q3 2011 | 2011-09-30 | $3.5M | — | — | +12.44% |
| Q2 2011 | 2011-06-30 | $194,000 | — | — | +0.65% |
| Q1 2011 | 2011-03-31 | −$1.3M | — | — | −5.13% |
| Q3 2010 | 2010-09-30 | $1.8M | — | — | +6.69% |
Axt free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from −$14.0M to −$18.8M, a net decrease of $4.8M. Axt's latest reported quarter, Q2 2026, generated $3.6M in free cash flow, an increase of $8.4M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Axt filings at SEC.gov ↗