AXT Inc (NASDAQ:AXTI) — Market Cap & Net Worth

$2.62 Billion USD  · Rank #5321

Market Cap & Net Worth: AXT Inc (AXTI)

AXT Inc (NASDAQ:AXTI) has a market capitalization of $2.62 Billion ($2.62 Billion) as of September 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #5321 globally and #1766 in its home market, demonstrating a -7.56% decrease 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 $64.30 by its total outstanding shares 55274159 (55.27 Million). Also see AXT Inc balance sheet assets for a full breakdown of the balance sheet.

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 $3.55 Billion (36.00% CAGR). Also see AXT Inc cash conversion from operations for how efficiently the company converts equity into cash flow.

Index Memberships

AXT Inc is a constituent of 1 market index:

Index Total Market Cap Weight (%) Rank by Market Cap
NASDAQ Composite
IXIC
$41.69 Trillion 0.01% #601 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. Check AXT Inc (AXTI) stock price for real-time trading data and today's change.

Latest Price to Sales (P/S) Ratio

10.23x

AXT Inc's market cap is 10.23 times its annual revenue

Industry average: 11.08x Lower than industry average

Latest 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 September 18, 2026. Review AXT Inc tangible equity quality to assess the quality of the company's equity after excluding intangible assets.

Key companies related to AXT Inc by market ranking:

  • ASML Holding N.V. (AS:ASML): Ranked #28 globally with a market cap of $618.17 Billion USD ( €528.76 Billion EUR).
  • ASML Holding NV ADR (NASDAQ:ASML): Ranked #31 globally with a market cap of $546.45 Billion USD.
  • ASML HOLDING NY EO-09 (F:ASMF): Ranked #33 globally with a market cap of $520.31 Billion USD ( €445.05 Billion EUR).
  • Lam Research Corp (NASDAQ:LRCX): Ranked #48 globally with a market cap of $336.69 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#28 ASML Holding N.V. AS:ASML $618.17 Billion €1396.20
#31 ASML Holding NV ADR NASDAQ:ASML $546.45 Billion $1417.80
#33 ASML HOLDING NY EO-09 F:ASMF $520.31 Billion €1400.00
#48 Lam Research Corp NASDAQ:LRCX $336.69 Billion $269.23

AXT Inc Historical Marketcap From 2015 to 2026

Between 2015 and today, AXT Inc's market cap moved from $137.08 Million to $ 3.55 Billion, with a yearly change of 36.00%.

Year Market Cap Change (%)
2026 $3.55 Billion +293.27%
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 Sep 17th, 2026 the market cap of AXT Inc was reported to be:

Source Market Cap
Yahoo Finance $2.62 Billion USD
MoneyControl $2.62 Billion USD
MarketWatch $2.62 Billion USD
marketcap.company $2.62 Billion USD
Reuters $2.62 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About AXT Inc

NASDAQ:AXTI USA Semiconductor Equipment & Materials
Market Cap
$3.55 Billion
Market Cap Rank
#5321 Global
#1766 in USA
Share Price
$64.30
Change (1 day)
+11.44%
52-Week Range
$3.96 - $140.83
All Time High
$140.83
About

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