AXT (AXTI) vs Diodes (DIOD)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
AXT (AXTI) has outperformed Diodes (DIOD) over the past year, gaining 1249.5% versus a gain of 97.2%. Over five years, AXTI leads with a +777.1% price change compared with +15.0% for DIOD. AXT is the larger company by market cap ($4.70 billion vs $4.43 billion), about 1.1 times the size, while Diodes is growing revenue faster (+13.0% vs -11.1%).
On valuation, Diodes trades at a lower forward P/E (16.5x vs 31.8x for AXT). Diodes converts more of its revenue into profit, with a net margin of 4.5% versus -24.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AXTI | DIOD |
|---|---|---|
| Share price | $71.66 | $96.24 |
| Market cap | $4.70B | $4.43B |
| 1-day change | -10.19% | -4.38% |
| YTD return | +338.29% | +103.99% |
| 1-year return | +1249.53% | +97.24% |
| 5-year return | +777.11% | +14.98% |
| P/E ratio (TTM) | — | 51.47 |
| Forward P/E | 31.85 | 16.51 |
| EPS (TTM) | $0.04 | $1.87 |
| Dividend yield | 0.00% | 0.00% |
| Annual dividend | $0.00 | $0.00 |
| Revenue (latest FY) | $88.33M | $1.48B |
| Revenue growth (YoY) | -11.11% | +13.04% |
| Net income (latest FY) | $-21.26M | $66.14M |
| Gross margin | 12.73% | 31.20% |
| Operating margin | -24.88% | 2.39% |
| Net margin | -24.07% | 4.46% |
| 52-week high | $143.16 | $125.99 |
| 52-week low | $4.00 | $42.28 |
| Distance from 52-week high | -49.94% | -23.61% |
| Analyst consensus | none | strong_buy |
| Avg. price target upside | +27.83% | +59.32% |
| Average volume | 9.79M | 573.05K |
| Shares outstanding | 65.57M | 46.05M |
| Employees | 1,541 | 7,989 |
| Sector | Technology | Technology |
| Industry | Semiconductor Equipment & Materials | Semiconductors |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AXTI has outperformed DIOD by 1152.3 percentage points over the past year.
- Diodes is more profitable, keeping 4.5 cents of every revenue dollar as net income versus -24.1 cents for AXT.
- Diodes grew revenue faster in its latest fiscal year (+13.04% vs -11.11%).
About AXT
AXTI stock →AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates.
Technology · Semiconductor Equipment & Materials · 1,541 employees
About Diodes
DIOD stock →Diodes Incorporated, together with its subsidiaries, provides semiconductor products in Asia, the Americas, and Europe. The company offers MOSFET and SiC MOSFET discrete semiconductor products; data line protection, power line protection, thyrister, USB Type-C protection, and transient voltage suppressor protection devices; Schottky diodes, small signal switching diodes, Zener diodes, and SiC diodes; and bridges, super barrier rectifiers, Schottky rectifiers, Schottky bridge rectifiers, and fast and ultra-fast rectifiers.
Technology · Semiconductors · 7,989 employees
AXTI vs DIOD FAQ
Which is bigger, AXT or Diodes?
AXT (AXTI) is larger, with a market capitalization of $4.70B compared with $4.43B for Diodes (DIOD).
Which stock has performed better over the past year, AXTI or DIOD?
AXTI returned +1249.53% over the past 12 months, compared with +97.24% for DIOD (price return, excluding dividends). Past performance does not predict future results.
Are AXT and Diodes in the same industry?
Both are in the Technology sector, but in different industries: Semiconductor Equipment & Materials for AXT and Semiconductors for Diodes.