← BackAXT INC · SemiconductorsAXTI
Elevated riskNext report: In 1 days (est.)
The short versionA company still losing money with growing sales. Institutions are adding.
Going well
- Sales up 165% in the latest quarter vs a year ago
- Little debt
Watch out for
- Losing money, losses are large next to sales
- Revenue down 11.1% from the year before
Money moves
- No insider buying or selling in the last 30 days
- Institutions added 42% to their holdings in the quarter ending June 2026 (196 bought, 114 sold)
Facts from SEC filings, not a recommendation.
What the price means
Price as of Oct 26
$56.27+8.1% that day
- Company value
- $3.7B
- Share price times all shares
- Price vs sales
- 29.4x
- No profit over the last year, so this compares value with sales instead
- Cash vs value
- 11%
- Cash as a share of company value
- Debt vs value
- 0%
- Debt as a share of company value
From AXTI's last IEX trade and its SEC filings (profits and sales over the last four quarters). A starting point for research, not a verdict.
The business over time
Last 12 quarters, from SEC filings
Sales, Jun '26$47.6M+165% vs a year earlier
Sep '23Tap a barJun '26
Last 12 months: $125.5M, up 46% from the 12 months before. Over 5 years, sales shrank about 1.5% a year.
Business quality
The checklist Warren Buffett-style investors use. Annual numbers for 2025.- MissReturn on equity 15%+Earns a lot on the money owners have in the business.-9.1%
- PassDebt under half of equityNot relying on borrowed money.0.02x equity
- MissNet margin 10%+Keeps at least 10 cents of profit from each dollar of sales.-24.1%
- MissProfitable every yearSteady profits, not one good year.6 of 10 years
- MissFree cash flow positiveBrings in more cash than it spends to run and grow.-$18.8M
- MissShare count not growingNot diluting owners. Falling means buybacks.+2.9% in 3 years
- MissGross margin 40%+Pricing power: sells for well above what it costs to make.12.7%
- Revenue
- $88.3M
- -11.1% vs prior year
- 5-year growth
- -1.5%/yr
- revenue, per year
- Total debt
- $4.3M
- 0.02x equity
- Current ratio
- 2.72x
- short-term assets / bills due
From annual reports filed with the SEC. A checklist is a starting point for research, not a verdict.
Latest quarter
Quarter ended Jun 30, 2026- Revenue
- $47.6M
- +164.8% YoY
- EPS
- $0.17
- vs -$0.16
- Op. margin
- 21.9%
- +59.4 pts
- Gross margin
- 44.9%
- +36.9 pts
- Free cash flow
- $3.6M
- Share count
- +45.2%
- vs a year ago
Insider rating
Last 90 days
No open-market insider buys or sells in the last 90 days.
Weekly insider trendNo trades to chart yet.
Filing buzz
Last 7 days vs normal
0/ 100
- This week
- 0
- Normal week
- 0.9
- vs normal
- 0.0x
SEC filings of any kind. 50 means a normal week.
Institutional ownership
▲Accumulating+42.1%Institutions added 42.1% to their holdings. 196 bought, 114 sold. 4 quarters of net buying in a row.
Shares held by institutions47.0M
Sep '24Jun '26
Share count growthYearly rate, last 3 years
+14.5%Cash runwayAt last year's cash burn
387 monthsDebt to equityLatest balance sheet: debt compared with what owners have
0.0x · $15.5M debtShares outstandingLatest reported
66MWhy elevated risk- Losing money, losses are large next to sales
- Share count growing 14.5% a year (dilution)
- Revenue down 11.1% from the year before
Next reportIn 1 days (est.)Estimated from the same quarter last year
- Results filedJul 30
- Results filedApr 30
- Results filedApr 20
- Results filedFeb 19
- Results filedJan 9
Insider trades
Open-market buys and sells, last 90 days
No open-market buys or sells in 90 days. Grants and option exercises are left out.
"Owns after" is the insider's holding right after the trade. Pre-planned (10b5-1) sales are set up months ahead, a weaker signal.