AXT Inc (AXTI) Q2 2026 Earnings
As seen on the 24/7 Wall St. homepage on July 30, 2026.
Q2 2026
EPS
$0.19
est $0.07
+163.9%
Revenue
$48M
est $34M
+39.6%
AXT swung to profitability and crushed earnings expectations as record indium phosphide revenue fueled by AI data center optical connectivity demand accelerated the semiconductor substrate maker from eight straight quarters of losses. The 0.19 EPS beat consensus by 164% while gross margin expanded to 45% from 8% year-over-year, signaling manufacturing leverage across its vertically integrated supply chain.
AXTI share price +23.25% since close
Mentioned: AXTI