AXT (AXTI) revenue breakdown
By product, Substrates is the largest at 67% of fiscal 2025 revenue; Raw Materials and Other grew fastest, 7% a year over 9 years.
By region, CHINA is the largest at 62% of fiscal 2025 revenue; TAIWAN grew fastest, 23% a year over 2 years.
Revenue by product
Fiscal years, as AXT reports them in its 10-K filings; fiscal 2025 total $88M.
| Products | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Substrates | $66M | $79M | $81M | $68M | $76M | $103M | $111M | $47M | $68M | $59M | 67% |
| Raw Materials and Other | $16M | $20M | $21M | $15M | $20M | $34M | $30M | $28M | $32M | $29M | 33% |
Revenue by region
Fiscal years, as AXT reports them in its 10-K filings; fiscal 2025 total $88M.
| Regions | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|
| CHINA | $40M | $56M | $55M | 62% |
| TAIWAN | $9M | $14M | $13M | 15% |
| Europe | $12M | $14M | $11M | 13% |
| JAPAN | $5M | $5M | $5M | 6% |
| Asia Pacific Excluding China, Taiwan and Japan | $4M | $3M | $2M | 3% |
| North America | $7M | $8M | $2M | 2% |
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Where does AXT make its money?
In fiscal 2025, by product: Substrates $59M, Raw Materials and Other $29M.
From AXT's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.