Axt annual operating expenses
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Axt Operating Expenses Growth & History (AXTI)
Axt's operating expenses was $33.2M for fiscal 2025.
View full Axt company overviewAxt annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $33.2M | −$5.4M | −14.03% |
| 2024 | 2024-12-31 | $38.6M | $3.8M | +10.75% |
| 2023 | 2023-12-31 | $34.9M | −$4.7M | −11.83% |
| 2022 | 2022-12-31 | $39.6M | $5.0M | +14.63% |
| 2021 | 2021-12-31 | $34.5M | $8.2M | +31.07% |
| 2020 | 2020-12-31 | $26.3M | $1.2M | +4.76% |
| 2019 | 2019-12-31 | $25.1M | $239,000 | +0.96% |
| 2018 | 2018-12-31 | $24.9M | $3.1M | +14.03% |
| 2017 | 2017-12-31 | $21.8M | $1.9M | +9.42% |
| 2016 | 2016-12-31 | $20.0M | −$1.8M | −8.16% |
| 2015 | 2015-12-31 | $21.7M | $1.7M | +8.53% |
| 2014 | 2014-12-31 | $20.0M | $531,000 | +2.72% |
| 2013 | 2013-12-31 | $19.5M | $603,000 | +3.19% |
| 2012 | 2012-12-31 | $18.9M | $1.6M | +9.12% |
| 2011 | 2011-12-31 | $17.3M | $998,000 | +6.12% |
| 2010 | 2010-12-31 | $16.3M | $846,000 | +5.47% |
| 2009 | 2009-12-31 | $15.5M | — | — |
Axt quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $10.9M | $2.8M | +33.81% |
| Q1 2026 | 2026-03-31 | $9.6M | $529,000 | +5.86% |
| Q4 2025 | 2025-12-31 | $8.7M | −$1.9M | −18.10% |
| Q3 2025 | 2025-09-30 | $7.3M | −$1.7M | −19.16% |
| Q2 2025 | 2025-06-30 | $8.2M | −$1.4M | −14.25% |
| Q1 2025 | 2025-03-31 | $9.0M | −$407,000 | −4.31% |
| Q4 2024 | 2024-12-31 | $10.6M | $2.4M | +29.14% |
| Q3 2024 | 2024-09-30 | $9.1M | $495,000 | +5.76% |
| Q2 2024 | 2024-06-30 | $9.5M | $977,000 | +11.41% |
| Q1 2024 | 2024-03-31 | $9.4M | −$106,000 | −1.11% |
| Q4 2023 | 2023-12-31 | $8.2M | −$1.4M | −14.69% |
| Q3 2023 | 2023-09-30 | $8.6M | −$1.6M | −15.88% |
| Q2 2023 | 2023-06-30 | $8.6M | −$1.6M | −15.63% |
| Q1 2023 | 2023-03-31 | $9.5M | −$62,000 | −0.65% |
| Q4 2022 | 2022-12-31 | $9.6M | $492,000 | +5.40% |
| Q3 2022 | 2022-09-30 | $10.2M | $1.1M | +12.19% |
| Q2 2022 | 2022-06-30 | $10.1M | $1.8M | +21.77% |
| Q1 2022 | 2022-03-31 | $9.6M | $1.6M | +20.49% |
| Q4 2021 | 2021-12-31 | $9.1M | $1.9M | +25.71% |
| Q3 2021 | 2021-09-30 | $9.1M | $2.5M | +37.00% |
| Q2 2021 | 2021-06-30 | $8.3M | $2.0M | +32.46% |
| Q1 2021 | 2021-03-31 | $8.0M | $1.8M | +29.55% |
| Q4 2020 | 2020-12-31 | $7.2M | $578,000 | +8.67% |
| Q3 2020 | 2020-09-30 | $6.6M | $409,000 | +6.56% |
| Q2 2020 | 2020-06-30 | $6.3M | $122,000 | +1.98% |
| Q1 2020 | 2020-03-31 | $6.2M | $87,000 | +1.43% |
| Q4 2019 | 2019-12-31 | $6.7M | $177,000 | +2.73% |
| Q3 2019 | 2019-09-30 | $6.2M | −$46,000 | −0.73% |
| Q2 2019 | 2019-06-30 | $6.2M | −$319,000 | −4.92% |
| Q1 2019 | 2019-03-31 | $6.1M | $427,000 | +7.57% |
| Q4 2018 | 2018-12-31 | $6.5M | $424,000 | +6.99% |
| Q3 2018 | 2018-09-30 | $6.3M | $389,000 | +6.60% |
| Q2 2018 | 2018-06-30 | $6.5M | $1.5M | +30.76% |
| Q1 2018 | 2018-03-31 | $5.6M | $725,000 | +14.74% |
| Q4 2017 | 2017-12-31 | $6.1M | $859,000 | +16.50% |
| Q3 2017 | 2017-09-30 | $5.9M | $1.0M | +20.80% |
| Q2 2017 | 2017-06-30 | $5.0M | −$156,000 | −3.05% |
| Q1 2017 | 2017-03-31 | $4.9M | $162,000 | +3.41% |
| Q4 2016 | 2016-12-31 | $5.2M | $449,000 | +9.44% |
| Q3 2016 | 2016-09-30 | $4.9M | −$437,000 | −8.22% |
| Q2 2016 | 2016-06-30 | $5.1M | −$47,000 | −0.91% |
| Q1 2016 | 2016-03-31 | $4.8M | −$1.7M | −26.76% |
| Q4 2015 | 2015-12-31 | $4.8M | −$807,000 | −14.51% |
| Q3 2015 | 2015-09-30 | $5.3M | $651,000 | +13.95% |
| Q2 2015 | 2015-06-30 | $5.2M | $489,000 | +10.46% |
| Q1 2015 | 2015-03-31 | $6.5M | $1.4M | +26.85% |
| Q4 2014 | 2014-12-31 | $5.6M | $1.1M | +25.63% |
| Q3 2014 | 2014-09-30 | $4.7M | −$404,000 | −7.97% |
| Q2 2014 | 2014-06-30 | $4.7M | −$571,000 | −10.88% |
| Q1 2014 | 2014-03-31 | $5.1M | $371,000 | +7.82% |
| Q4 2013 | 2013-12-31 | $4.4M | −$157,000 | −3.42% |
| Q3 2013 | 2013-09-30 | $5.1M | $275,000 | +5.74% |
| Q2 2013 | 2013-06-30 | $5.2M | $358,000 | +7.32% |
| Q1 2013 | 2013-03-31 | $4.7M | $127,000 | +2.75% |
| Q4 2012 | 2012-12-31 | $4.6M | $51,000 | +1.12% |
| Q3 2012 | 2012-09-30 | $4.8M | $627,000 | +15.05% |
| Q2 2012 | 2012-06-30 | $4.9M | $475,000 | +10.76% |
| Q1 2012 | 2012-03-31 | $4.6M | $425,000 | +10.13% |
| Q4 2011 | 2011-12-31 | $4.5M | — | — |
| Q3 2011 | 2011-09-30 | $4.2M | $358,000 | +9.40% |
| Q2 2011 | 2011-06-30 | $4.4M | $859,000 | +24.17% |
| Q1 2011 | 2011-03-31 | $4.2M | — | — |
| Q3 2010 | 2010-09-30 | $3.8M | — | — |
| Q2 2010 | 2010-06-30 | $3.6M | — | — |
Axt operating expenses trends
Over the last five fiscal years, Axt's operating expenses increased from $26.3M to $33.2M, a change of $6.9M. The latest reported quarter, Q2 2026, shows $10.9M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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