---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-022428"
form_type: "8-K"
ticker: "AXTI"
cik: "0001051627"
company_name: "AXT INC"
filed_at: "2025-07-09T23:59:59+00:00"
generated_at: "2026-05-18T08:50:25.078879+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# AXT cuts Q2 revenue guidance to $17.5-18M on export permit delays and weak China demand

## Summary
- Preliminary Q2 2025 revenue $17.5-18M, below prior guidance of $20-22M.
- Revenue shortfall driven by slower export control permits for GaAs products and weaker China demand.
- AI-related demand for indium phosphide increased in Q2; Tongmei received first export permits for InP late Q2.
- Company expects Q2 2025 gross margins in high single digits despite revenue miss.
- Full Q2 2025 earnings scheduled for July 31, 2025; conference call at 1:30 p.m. PT.

## SEC filing metadata
- accession: 0001437749-25-022428
- form_type: 8-K
- ticker: AXTI
- cik: 0001051627
- company_name: AXT INC
- filed_at: 2025-07-09T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051627/000143774925022428/0001437749-25-022428-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051627/000143774925022428/axti20250703_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-022428
- JSON: https://secwatch.observer/filing/0001437749-25-022428.json
- Plain text: https://secwatch.observer/filing/0001437749-25-022428.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.