Axt annual gross margin
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Axt Gross Margin Growth & History (AXTI)
Axt's gross margin was 12.73% for fiscal 2025.
View full Axt company overviewAxt annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 12.73% | −11.26 pp |
| 2024 | 2024-12-31 | 23.99% | +6.42 pp |
| 2023 | 2023-12-31 | 17.57% | −19.36 pp |
| 2022 | 2022-12-31 | 36.93% | +2.42 pp |
| 2021 | 2021-12-31 | 34.51% | +2.76 pp |
| 2020 | 2020-12-31 | 31.75% | +1.93 pp |
| 2019 | 2019-12-31 | 29.82% | −6.36 pp |
| 2018 | 2018-12-31 | 36.18% | +1.24 pp |
| 2017 | 2017-12-31 | 34.94% | +2.51 pp |
| 2016 | 2016-12-31 | 32.43% | +10.72 pp |
| 2015 | 2015-12-31 | 21.71% | +1.15 pp |
| 2014 | 2014-12-31 | 20.56% | +6.70 pp |
| 2013 | 2013-12-31 | 13.86% | −14.26 pp |
| 2012 | 2012-12-31 | 28.12% | −14.89 pp |
| 2011 | 2011-12-31 | 43.01% | +4.79 pp |
| 2010 | 2010-12-31 | 38.22% | +13.17 pp |
| 2009 | 2009-12-31 | 25.05% | — |
Axt quarterly gross margin
Q2.10
Q3.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
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Q1.14
Q2.14
Q3.14
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Q1.15
Q2.15
Q3.15
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Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
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Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
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Q4.21
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Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 44.90% | +36.92 pp |
| Q1 2026 | 2026-03-31 | 29.63% | +36.04 pp |
| Q4 2025 | 2025-12-31 | 20.95% | +3.39 pp |
| Q3 2025 | 2025-09-30 | 22.26% | −1.77 pp |
| Q2 2025 | 2025-06-30 | 7.97% | −19.43 pp |
| Q1 2025 | 2025-03-31 | −6.41% | −33.27 pp |
| Q4 2024 | 2024-12-31 | 17.56% | −5.09 pp |
| Q3 2024 | 2024-09-30 | 24.03% | +13.29 pp |
| Q2 2024 | 2024-06-30 | 27.40% | +18.18 pp |
| Q1 2024 | 2024-03-31 | 26.86% | +0.53 pp |
| Q4 2023 | 2023-12-31 | 22.65% | −9.43 pp |
| Q3 2023 | 2023-09-30 | 10.75% | −31.27 pp |
| Q2 2023 | 2023-06-30 | 9.22% | −29.87 pp |
| Q1 2023 | 2023-03-31 | 26.33% | −7.23 pp |
| Q4 2022 | 2022-12-31 | 32.08% | −0.09 pp |
| Q3 2022 | 2022-09-30 | 42.01% | +8.75 pp |
| Q2 2022 | 2022-06-30 | 39.09% | +2.81 pp |
| Q1 2022 | 2022-03-31 | 33.56% | −3.24 pp |
| Q4 2021 | 2021-12-31 | 32.17% | −1.72 pp |
| Q3 2021 | 2021-09-30 | 33.26% | −1.38 pp |
| Q2 2021 | 2021-06-30 | 36.28% | +5.70 pp |
| Q1 2021 | 2021-03-31 | 36.80% | +10.15 pp |
| Q4 2020 | 2020-12-31 | 33.89% | +12.90 pp |
| Q3 2020 | 2020-09-30 | 34.64% | +5.62 pp |
| Q2 2020 | 2020-06-30 | 30.58% | −3.73 pp |
| Q1 2020 | 2020-03-31 | 26.65% | −6.48 pp |
| Q4 2019 | 2019-12-31 | 20.99% | −5.32 pp |
| Q3 2019 | 2019-09-30 | 29.03% | −8.05 pp |
| Q2 2019 | 2019-06-30 | 34.30% | −6.29 pp |
| Q1 2019 | 2019-03-31 | 33.13% | −6.07 pp |
| Q4 2018 | 2018-12-31 | 26.31% | −10.90 pp |
| Q3 2018 | 2018-09-30 | 37.08% | −2.45 pp |
| Q2 2018 | 2018-06-30 | 40.60% | +9.80 pp |
| Q1 2018 | 2018-03-31 | 39.20% | +8.70 pp |
| Q4 2017 | 2017-12-31 | 37.21% | +0.09 pp |
| Q3 2017 | 2017-09-30 | 39.52% | +4.88 pp |
| Q2 2017 | 2017-06-30 | 30.80% | +1.39 pp |
| Q1 2017 | 2017-03-31 | 30.50% | +2.43 pp |
| Q4 2016 | 2016-12-31 | 37.12% | +20.00 pp |
| Q3 2016 | 2016-09-30 | 34.65% | +9.58 pp |
| Q2 2016 | 2016-06-30 | 29.41% | +8.54 pp |
| Q1 2016 | 2016-03-31 | 28.07% | +4.40 pp |
| Q4 2015 | 2015-12-31 | 17.11% | −8.29 pp |
| Q3 2015 | 2015-09-30 | 25.07% | +2.08 pp |
| Q2 2015 | 2015-06-30 | 20.87% | +1.48 pp |
| Q1 2015 | 2015-03-31 | 23.67% | +9.62 pp |
| Q4 2014 | 2014-12-31 | 25.41% | +10.28 pp |
| Q3 2014 | 2014-09-30 | 22.98% | +11.06 pp |
| Q2 2014 | 2014-06-30 | 19.39% | +6.45 pp |
| Q1 2014 | 2014-03-31 | 14.05% | −1.52 pp |
| Q4 2013 | 2013-12-31 | 15.12% | −4.34 pp |
| Q3 2013 | 2013-09-30 | 11.92% | −14.35 pp |
| Q2 2013 | 2013-06-30 | 12.95% | −16.90 pp |
| Q1 2013 | 2013-03-31 | 15.57% | −19.32 pp |
| Q4 2012 | 2012-12-31 | 19.46% | −17.57 pp |
| Q3 2012 | 2012-09-30 | 26.27% | −16.96 pp |
| Q2 2012 | 2012-06-30 | 29.85% | −16.86 pp |
| Q1 2012 | 2012-03-31 | 34.89% | −8.50 pp |
| Q4 2011 | 2011-12-31 | 37.04% | −2.24 pp |
| Q3 2011 | 2011-09-30 | 43.23% | +6.41 pp |
| Q2 2011 | 2011-06-30 | 46.71% | — |
| Q1 2011 | 2011-03-31 | 43.39% | — |
| Q3 2010 | 2010-09-30 | 39.28% | — |
| Q2 2010 | 2010-06-30 | 36.83% | — |
Axt gross margin trends
Over the last five reported fiscal years, Axt's gross margin decreased from 31.75% to 12.73%, a change of −19.02 percentage points. The latest reported quarter, Q2 2026, shows 44.90%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Axt filings at SEC.gov ↗