# AXT, Inc. (AXTI) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | -$21M |
| 2024 | -$13M |
| 2023 | -$19M |
| 2022 | $14M |
| 2021 | $14M |
| 2020 | $8M |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2026-03-31 | -$2M |
| 2025-12-31 | -$2M |
| 2025-09-30 | -$1M |
| 2025-06-30 | -$7M |
| 2025-03-31 | -$10M |
| 2024-12-31 | -$4M |

Source: [CompaniesByCap](https://companiesbycap.com/company/AXTI/operating-income)