AXT Inc
AXT, Inc. designs, develops, manufactures, and distributes compound and single element semiconductor substrates. The company offers indium phosphide for use in data center connectivity using light/lasers, high-speed data transfer in data centers, 5G communications, fiber optic lasers and detectors, consumer devices, passive optical networks, silicon photonics, photonic integrated circuits, thermo… Read more
Market Cap & Net Worth: AXT Inc (AXTI)
AXT Inc (NASDAQ:AXTI) has a market capitalization of $2.45 Billion ($2.45 Billion) as of March 19, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #5523 globally and #3249 in its home market, demonstrating a 15.04% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying AXT Inc's stock price $44.36 by its total outstanding shares 55274159 (55.27 Million).
AXT Inc Market Cap History: 2015 to 2026
AXT Inc's market capitalization history from 2015 to 2026. Data shows growth from $137.08 Million to $2.45 Billion (33.20% CAGR).
Index Memberships
AXT Inc is a constituent of 1 market index:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Composite
IXIC
|
$33.39 Trillion | 0.00% | #654 of 3165 |
Weight: AXT Inc's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
AXT Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how AXT Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
10.23x
AXT Inc's market cap is 10.23 times its annual revenue
2.44x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $265.32 Million | $81.35 Million | $5.64 Million | 3.26x | 47.08x |
| 2017 | $480.89 Million | $98.67 Million | $10.15 Million | 4.87x | 47.39x |
| 2018 | $240.44 Million | $102.40 Million | $9.65 Million | 2.35x | 24.91x |
| 2019 | $240.44 Million | $83.26 Million | -$1.59 Million | 2.89x | N/A |
| 2020 | $528.97 Million | $95.36 Million | $3.24 Million | 5.55x | 163.36x |
| 2021 | $486.97 Million | $137.39 Million | $14.57 Million | 3.54x | 33.41x |
| 2022 | $242.10 Million | $141.12 Million | $15.81 Million | 1.72x | 15.31x |
| 2023 | $132.66 Million | $75.80 Million | -$17.88 Million | 1.75x | N/A |
| 2024 | $119.94 Million | $99.36 Million | -$11.62 Million | 1.21x | N/A |
| 2025 | $903.73 Million | $88.33 Million | -$21.26 Million | 10.23x | N/A |
Competitor Companies of AXTI by Market Capitalization
Companies near AXT Inc in the global market cap rankings as of March 19, 2026.
Key companies related to AXT Inc by market ranking:
- ASML HOLDING NY EO-09 (F:ASMF): Ranked #21 globally with a market cap of $473.84 Billion USD ( €461.62 Billion EUR).
- Lam Research Corp (NASDAQ:LRCX): Ranked #47 globally with a market cap of $281.60 Billion USD.
- Applied Materials Inc (NASDAQ:AMAT): Ranked #48 globally with a market cap of $278.50 Billion USD.
- ASML Holding NV (PINK:ASMLF): Ranked #52 globally with a market cap of $267.08 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #21 | ASML HOLDING NY EO-09 | F:ASMF | $473.84 Billion | €1195.00 |
| #47 | Lam Research Corp | NASDAQ:LRCX | $281.60 Billion | $226.47 |
| #48 | Applied Materials Inc | NASDAQ:AMAT | $278.50 Billion | $352.46 |
| #52 | ASML Holding NV | PINK:ASMLF | $267.08 Billion | $691.39 |
AXT Inc Historical Marketcap From 2015 to 2026
Between 2015 and today, AXT Inc's market cap moved from $137.08 Million to $ 2.45 Billion, with a yearly change of 33.20%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $2.45 Billion | +171.31% |
| 2025 | $903.73 Million | +653.46% |
| 2024 | $119.94 Million | -9.58% |
| 2023 | $132.66 Million | -45.21% |
| 2022 | $242.10 Million | -50.28% |
| 2021 | $486.97 Million | -7.94% |
| 2020 | $528.97 Million | +120.00% |
| 2019 | $240.44 Million | 0.00% |
| 2018 | $240.44 Million | -50.00% |
| 2017 | $480.89 Million | +81.25% |
| 2016 | $265.32 Million | +93.55% |
| 2015 | $137.08 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of AXT Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $2.45 Billion USD |
| MoneyControl | $2.45 Billion USD |
| MarketWatch | $2.45 Billion USD |
| marketcap.company | $2.45 Billion USD |
| Reuters | $2.45 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.