AXT Q2 FY26 net income swings to USD 11.1 million; revenue rises to USD 47.6 million

Reuters2026/07/30 20:16

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

AXT posted Q2 revenue of $47.6 million, more than doubled from Q1’s $26.9 million.
GAAP net income attributable to shareholders swung to $11.1 million, or $0.17 per diluted share, from a Q1 net loss.
GAAP gross margin widened to 44.9% from 29.6% in Q1, a 15.3 percentage-point expansion.
CEO Morris Young cited strong demand for data-center optical connectivity; Q2 marked the company’s highest indium phosphide revenue on record.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AXT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202607301605BIZWIRE_USPR_____20260730_BW124233) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

AXT Q2 FY26 net income swings to USD 11.1 million; revenue rises to USD 47.6 million

You may also like

Crypto prices