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Axt Inc  (NASDAQ: AXTI)
    Sector  Technology    Industry Semiconductors
   Industry Semiconductors
   Sector  Technology
 

Axt Inc's Customers Performance

AXTI



 
AXTI's Source of Revenues Axt Inc's Corporate Customers have recorded an advance in their cost of revenue by 8.26 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -29.65 %. During the corresponding time, Axt Inc recorded a revenue increase by 34.21 % year on year, sequentially revenue grew by 7.22 %. While revenue at the Axt Inc's corporate clients recorded rose by 8.38 % year on year, sequentially revenue fell by -7.92 %.

List of AXTI Customers




Axt Inc's Customers have recorded an advance in their cost of revenue by 8.26 % in the 1 quarter 2026 year on year, sequentially costs of revenue were trimmed by -29.65 %, for the same period Axt Inc recorded revenue increase by 34.21 % year on year, sequentially revenue grew by 7.22 %.

List of AXTI Customers

Axt Inc's Business Units
Substrates    74.22 % of total Revenue
Raw Materials and Other    29.42 % of total Revenue
CHINA    63.77 % of total Revenue
TAIWAN    2.69 % of total Revenue
JAPAN    5.95 % of total Revenue
Asia Pacific Excluding China Taiwan and Japan    8.4 % of total Revenue
Europe    22.03 % of total Revenue
North America    0.8 % of total Revenue




   
Customers Net Income grew in Q1 by Customers Net margin grew to
19.67 % 6.94 %
Customers Net Income grew in Q1 by 19.67 %


Customers Net margin grew to 6.94 %



Axt Inc's Customers, Q1 2026 Revenue Growth By Industry
Customers in Miscellaneous Fabricated Products Industry      29.63 %
Customers in Aerospace & Defense Industry      7.87 %
Customers in Miscellaneous Manufacturing Industry      32.74 %
Customers in Industrial Machinery and Components Industry      10.06 %
Customers in Ship & Boat Building Industry      10.29 %
Customers in Conglomerates Industry      8.74 %
Customers in Electronic Parts & Equipment Industry      1.88 %
Customers in Auto & Truck Parts Industry      26.08 %
Customers in Cloud Computing & Data Analytics Industry      3.01 %
Customers in Semiconductors Industry      2.01 %
Customers in Consumer Electronics Industry      2.25 %
     
• Customers Valuation • Customers Mgmt. Effect.


Axt Inc's Comment on Sales, Marketing and Customers



Substrate Group

Wafer Diameter

Sample of Applications

Indium Phosphide

2”, 3”, 4”

Fiber optic lasers and detectors

(InP)

Passive Optical Networks (PONs)

Data center connectivity using light/lasers

Silicon photonics

Photonic Integrated circuits (PICs)

High efficiency terrestrial solar cells (CPV)

RF amplifier and switching (military wireless and potential 5G)

Infrared light-emitting diode (LEDs) motion control

Infrared thermal imaging

Gallium Arsenide

1”, 2”, 3”, 4”, 5”, 6”

Power amplifiers for wireless devices

(GaAs - semi-insulating)

Direct broadcast television

High-performance transistors

Satellite communications

High efficiency solar cells for drones and automobiles

Gallium Arsenide

1”, 2”, 3”, 4”, 5", 6”

3-D sensing using VCSELs

(GaAs - semi-conducting)

Data center communication using VCSELs

High brightness LEDs

Lasers

Near-infrared sensors

Printer head lasers and LEDs

Laser machining, cutting and drilling

Optical couplers

High efficiency solar cells for drones and automobiles

Night vision goggles

Germanium

2”, 4”, 6”

Satellite solar cells

(Ge)

Optical sensors and detectors

Terrestrial concentrated photo voltaic (CPV) cells

Multi-junction solar cells for satellites

Infrared detectors

Raw Materials Group

4N raw gallium

Magnetic materials

High temperature thermometers

Low melting point alloys

Optical glass

Infrared detectors

6N+ purified gallium

Key material in single crystal ingots such as:

- Gallium Arsenide (GaAs)

- Gallium Nitride (GaN)

- Gallium Antimonide (GaSb)

- Gallium Phosphide (GaP)

Boron trioxide (B2O3)

Encapsulant in the ingot growth of III-V compound semiconductors

Gallium-Magnesium alloy

Used for the synthesis of organo-gallium compounds in epitaxial growth on semiconductor wafers

pyrolytic boron nitride (pBN) crucibles

Used when growing single-crystal compound semiconductor ingots

Used when growing epitaxial layers in MBE reactors

pBN insulating parts

Metal-Organic Chemical Vapour Deposition (MOCVD) reactors and organic light-emitting diode (OLED) rings



  News about Axt Inc Contracts

Investors Urged to Act: Key Deadlines Loom in AXT, Inc. Securities Class Actions

By New York, July 4, 2024 Investors in AXT, In...

AXT, Inc. Shareholders Alerted: Act Now to Protect Your Interests in Securities Class Action Lawsuit

In a rece...

AXT, Inc. Faces Potential Securities Class Action Investigation as Revenue Declines and Costs Rise

Investor rights law firm, Rosen Law Firm, has announced an investigation into potential securities claims against AXT, Inc. (NASDAQ: AXTI). The investigation stems from allegations that AXT, Inc. may have provided materially misleading business information to the investing public, leading to concerns about the company s financial performance.A closer look at AXT, Inc. s financials reveals a troubling trend. In the fourth quarter of 2023, the company s corporate customers recorded a significant increase of 6.6% in their cost of revenue compared to the previous year. Sequentially, costs of revenue grew by 19.83%. At the same time, AXT, Inc. experienced a deterioration of -23.76% in revenue year on year, althou...




Axt Inc’s Comment on Sales, Marketing and Customers


Substrate Group

Wafer Diameter

Sample of Applications

Indium Phosphide

2”, 3”, 4”

Fiber optic lasers and detectors

(InP)

Passive Optical Networks (PONs)

Data center connectivity using light/lasers

Silicon photonics

Photonic Integrated circuits (PICs)

High efficiency terrestrial solar cells (CPV)

RF amplifier and switching (military wireless and potential 5G)

Infrared light-emitting diode (LEDs) motion control

Infrared thermal imaging

Gallium Arsenide

1”, 2”, 3”, 4”, 5”, 6”

Power amplifiers for wireless devices

(GaAs - semi-insulating)

Direct broadcast television

High-performance transistors

Satellite communications

High efficiency solar cells for drones and automobiles

Gallium Arsenide

1”, 2”, 3”, 4”, 5", 6”

3-D sensing using VCSELs

(GaAs - semi-conducting)

Data center communication using VCSELs

High brightness LEDs

Lasers

Near-infrared sensors

Printer head lasers and LEDs

Laser machining, cutting and drilling

Optical couplers

High efficiency solar cells for drones and automobiles

Night vision goggles

Germanium

2”, 4”, 6”

Satellite solar cells

(Ge)

Optical sensors and detectors

Terrestrial concentrated photo voltaic (CPV) cells

Multi-junction solar cells for satellites

Infrared detectors

Raw Materials Group

4N raw gallium

Magnetic materials

High temperature thermometers

Low melting point alloys

Optical glass

Infrared detectors

6N+ purified gallium

Key material in single crystal ingots such as:

- Gallium Arsenide (GaAs)

- Gallium Nitride (GaN)

- Gallium Antimonide (GaSb)

- Gallium Phosphide (GaP)

Boron trioxide (B2O3)

Encapsulant in the ingot growth of III-V compound semiconductors

Gallium-Magnesium alloy

Used for the synthesis of organo-gallium compounds in epitaxial growth on semiconductor wafers

pyrolytic boron nitride (pBN) crucibles

Used when growing single-crystal compound semiconductor ingots

Used when growing epitaxial layers in MBE reactors

pBN insulating parts

Metal-Organic Chemical Vapour Deposition (MOCVD) reactors and organic light-emitting diode (OLED) rings










AXTI's vs. Customers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
Axt Inc 3,231.66 94.86 -14.67 1,541
Quicklogic Corp 187.38 14.00 -14.83 51
Osi Systems inc 3,594.97 1,805.38 152.22 7,806
Northrop Grumman Corp 76,853.28 42,367.00 4,576.00 7,500
Lockheed Martin Corporation 129,700.25 75,106.00 4,793.00 123,000
Richardson Electronics Ltd 219.89 212.05 0.81 429
SUBTOTAL 1,854,686.18 891,416.86 36,352.79 1,647,456
21 more clients available

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Sources: Axt Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: Axt Inc’s corporate clients.
For your research, we’ve provided 9 tables on Axt Inc corporate clients.
You can find them in the navigation menu under Customers & Markets.
To download the tables, please subscribe.



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