---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-004731"
form_type: "8-K"
ticker: "AXTI"
cik: "0001051627"
company_name: "AXT INC"
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:38:20.428558+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# AXT reports Q4 revenue down 18% QoQ; FY2025 net loss widens to $21.3M

## Summary
- Q4 revenue $23.0M, down 18% QoQ from $28.0M; GAAP EPS loss $0.08 vs $0.04 loss Q3.
- FY2025 revenue $88.3M, down 11% YoY from $99.4M; GAAP net loss $21.3M vs $11.6M in FY2024.
- Non-GAAP net loss FY2025 $18.0M ($0.41/sh) vs net income $8.5M ($0.20/sh) FY2024.
- CEO expects sequential Q1 revenue growth driven by indium phosphide for AI; doubling capacity in 2026.
- Subsidiary Tongmei's STAR Market IPO remains under CSRC review; hopes to accomplish in coming months.

## SEC filing metadata
- accession: 0001437749-26-004731
- form_type: 8-K
- ticker: AXTI
- cik: 0001051627
- company_name: AXT INC
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1051627/000143774926004731/0001437749-26-004731-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1051627/000143774926004731/axti20251028_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-004731
- JSON: https://secwatch.observer/filing/0001437749-26-004731.json
- Plain text: https://secwatch.observer/filing/0001437749-26-004731.txt

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