AXT Quarterly Balance Sheet
NASDAQ: AXTITechnologySemiconductorsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
AXT financial position
As of Jun 30, 2026, AXT reported total assets of $1.10 billion, up 233.5% from a year earlier against total liabilities of $145.3 million. Shareholders' equity stood at $887.3 million, or 80.9% of assets. The company held $412.2 million in cash and equivalents against $84.2 million of debt, a net cash position of $327.9 million.
The current ratio (current assets divided by current liabilities) was 4.77, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.09.
Summary generated from market data by MetaCap's automated system. Methodology
AXT balance sheet (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 412.17M | 41.77M | 120.27M | 23.11M | 27.01M | 31.58M | 22.83M | 24.90M | 27.81M | 25.79M | 37.75M | 28.52M |
| Short-Term Investments | 5.03M | 65.38M | 0 | — | — | — | — | — | 1.68M | 1.67M | 2.14M | 4.27M |
| Receivables | 36.67M | 32.02M | 26.85M | 33.84M | 22.79M | 22.86M | 25.64M | 27.97M | 27.16M | 25.06M | 19.26M | 18.88M |
| Inventory | 96.32M | 90.17M | 81.65M | 77.66M | 80.06M | 80.41M | 85.08M | 86.11M | 85.77M | 85.94M | 86.50M | 86.38M |
| Total Current Assets | 598.80M | 253.78M | 246.56M | 149.75M | 144.96M | 149.53M | 158.27M | 167.86M | 167.40M | 163.74M | 170.66M | 160.31M |
| Property, Plant & Equipment | 174.92M | 164.62M | 161.86M | 159.28M | 159.71M | 159.03M | 159.72M | 166.46M | 161.33M | 163.12M | 166.35M | 158.77M |
| Long-Term Investments | 298.60M | — | 0 | — | — | — | — | — | — | — | — | — |
| Total Assets | 1.10B | 444.60M | 433.75M | 334.03M | 329.00M | 333.48M | 339.31M | 355.58M | 349.41M | 348.96M | 358.70M | 342.19M |
| Accounts Payable | 14.37M | 16.14M | 12.95M | 10.85M | 11.24M | 11.11M | 12.36M | 12.78M | 11.65M | 10.26M | 9.62M | 6.37M |
| Short-Term Debt | 84.23M | 68.87M | 62.80M | 61.55M | 55.93M | 52.46M | 47.26M | 54.08M | 50.70M | 49.02M | 52.92M | 45.78M |
| Total Current Liabilities | 125.66M | 97.88M | 90.54M | 84.90M | 79.54M | 75.26M | 74.18M | 78.77M | 74.65M | 72.01M | 81.56M | 67.67M |
| Total Liabilities | 145.34M | 107.63M | 99.12M | 93.58M | 88.37M | 87.31M | 84.41M | 89.36M | 86.30M | 83.87M | 89.56M | 74.11M |
| Shareholders' Equity | 887.27M | 274.87M | 273.29M | 179.15M | 179.71M | 185.04M | 192.77M | 200.73M | 199.67M | 201.08M | 203.99M | 204.23M |
| Retained Earnings | -55.42M | -66.54M | -64.92M | -61.38M | -59.47M | -52.46M | -43.66M | -38.58M | -35.64M | -34.12M | -32.04M | -28.42M |
| Total Debt | 84.23M | 68.87M | 62.80M | 61.55M | 55.93M | 52.46M | 47.26M | 54.08M | 50.70M | 49.02M | 52.92M | 45.78M |
| Net Cash (Debt) | 332.96M | 38.27M | 57.47M | -38.44M | -28.92M | -20.88M | -24.43M | -29.18M | -21.22M | -21.56M | -13.03M | -12.98M |
| Shares Outstanding | 65.57M | 55.58M | 55.24M | 46.22M | 46.08M | 45.60M | 45.36M | 44.68M | 44.48M | 44.40M | 44.24M | 43.64M |
This table shows 12 quarterly periods of AXT's balance sheet, from Q2 2026 back to Q3 2023, across 17 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow AXTI's reporting calendar. What is a balance sheet?