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AXTI

AXT, Inc.

AXT (AXTI) Q2 2026 earnings

Published Jul 30, 2026

AI summary

  • Revenue $47.6M, up 165% from $18.0M a year ago.
  • Adjusted EPS $0.19 beat the $0.07 consensus by $0.12, up from −$0.15 a year ago.
  • AXT reported second quarter 2026 revenue of $47.6 million, up significantly from $18.0 million a year ago.
  • The company achieved GAAP net income of $11.1 million, or $0.17 per diluted share, compared to a loss last year.
  • Strong demand for data center optical connectivity and increased manufacturing capacity drove revenue growth.

Results vs analyst consensus

Revenue

Reported

$47.6M

Consensus not captured before release

+165% YoY

Adjusted EPS

Reported · Non-GAAP net income (loss) per diluted share

$0.19

Consensus $0.07

Beat by $0.12

GAAP EPS: $0.17

Consensus: Yahoo Finance · Q2 2026 · EPS estimate at release
Revenue display rounded; difference uses exact result.

Next quarter outlook

No guidance in this release.

What to watch

  • The company reports non-GAAP results that exclude stock-based compensation expense.
  • The company maintains manufacturing facilities and supply chain interests in China.
Read original report

Source: AXT, Inc. press release · SEC Form 8-K exhibit 99.1

Figures as stated in the company’s release; consensus from the provider named above. Not financial advice.