GROSSPATTERN / FUNDAMENTAL STATE / POINT IN TIME

AXTI · Jun 30, 2026

AXT INC. A multidimensional configuration derived from the filing available at this observation—never a composite score or recommendation.

STATE CAPABILITYLEVEL 3[email protected]

Inspectable configuration

State dimensions

Filing0001437749-26-027677General Corporate

Capex intensity75thOwn-history percentile · N=12

Evidence method

Level · gp.fundamentals.capex_revenue_ratio

15.18% · OPTIONAL · VALID

Operating cash generation92thOwn-history percentile · N=12

Evidence method

Ratio · gp.fundamentals.operating_cash_flow + gp.fundamentals.revenue

22.66% · OPTIONAL · VALID

Revenue growth100thOwn-history percentile · N=8

Evidence method

Yoy · gp.fundamentals.revenue

164.77% · CORE · VALID

Inventory pressure25thOwn-history percentile · N=12

Evidence method

Level · gp.fundamentals.inventory_revenue_ratio

202.40% · OPTIONAL · VALID

Gross margin100thOwn-history percentile · N=12

Evidence method

Level · gp.fundamentals.gross_margin

44.90% · CORE · VALID

Operating margin100thOwn-history percentile · N=12

Evidence method

Level · gp.fundamentals.operating_margin

21.90% · CORE · VALID

R&D intensity8thOwn-history percentile · N=12

Evidence method

Ratio · gp.fundamentals.rnd + gp.fundamentals.revenue

7.67% · OPTIONAL · VALID

SBC intensity0thOwn-history percentile · N=12

Evidence method

Level · gp.fundamentals.sbc_revenue_ratio

1.60% · OPTIONAL · VALID

As-filed lineage

Fundamental state history

Each observation is tied to the filing and facts available at that report date. Amendments remain separate.

History13 statesHistory building

Jun 30, 20230/7 normalizedLevel 3 Sep 30, 20230/7 normalizedLevel 3 Dec 31, 20230/7 normalizedLevel 3 Mar 31, 20240/7 normalizedLevel 3 Jun 30, 20240/8 normalizedLevel 3 Sep 30, 20240/8 normalizedLevel 3 Dec 31, 20240/8 normalizedLevel 3 Mar 31, 20250/8 normalizedLevel 3 Jun 30, 20257/8 normalizedLevel 3 Sep 30, 20257/8 normalizedLevel 3 Dec 31, 20257/8 normalizedLevel 3 Mar 31, 20267/8 normalizedLevel 3 Jun 30, 20268/8 normalizedLevel 3

Period transition

What moved in the state?

Capex Intensity Increased

Previous: 5.10%
Current: 15.18%
Delta: 10.09%

Cash Generation Increased

Previous: -43.40%
Current: 22.66%
Delta: 66.06%

Growth Increased

Previous: 39.10%
Current: 164.77%
Delta: 125.67%

Inventory Pressure Decreased

Previous: 334.90%
Current: 202.40%
Delta: -132.49%

Margin Increased

Previous: 29.63%
Current: 44.90%
Delta: 15.27%

Profitability Increased

Previous: -5.89%
Current: 21.90%
Delta: 27.79%

R And D Intensity Decreased

Previous: 11.19%
Current: 7.67%
Delta: -3.52%

Sbc Intensity Decreased

Previous: 3.84%
Current: 1.60%
Delta: -2.24%

Self-history only

Previous similar states

Similarity compares compatible valid dimensions from this issuer's own point-in-time history. No market-return claim is attached.

Not enough compatible prior states for a transparent self-history match.

Research Graph

Related governed research

Compared To · Semiconductors & Related Devices peers →Has State · AXT INC →Transitioned To · AXTI Fundamental State →Transitioned To · AXTI CAPEX_INTENSITY_INCREASED →Transitioned To · AXTI CASH_GENERATION_INCREASED →Transitioned To · AXTI GROWTH_INCREASED →Transitioned To · AXTI INVENTORY_PRESSURE_DECREASED →Transitioned To · AXTI MARGIN_INCREASED →Transitioned To · AXTI PROFITABILITY_INCREASED →Transitioned To · AXTI R_AND_D_INTENSITY_DECREASED →Transitioned To · AXTI SBC_INTENSITY_DECREASED →

Method Percentiles and historical matches use only observations available at each point in time. Missing dimensions remain missing. Public price outcomes and cross-market analogues are deliberately absent.