Loading the security overview…
Where the tokens are
Standardised from the company’s filings, newest period first, labelled with the company’s own fiscal calendar. A line the company does not report is left off rather than shown as zero; margins and free cash flow are worked out here, and only where every input is present.
| Line item | Q2 FY262026-06-30 | Q1 FY262026-03-31 | Q4 FY252025-12-31 | Q3 FY252025-09-30 | Q2 FY252025-06-30 | Q1 FY252025-03-31 | Q4 FY242024-12-31 | Q3 FY242024-09-30 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $47.59M | $26.92M | $23.04M | $27.96M | $17.97M | $19.36M | $25.11M | $23.65M |
| Cost of revenue | $26.22M | $18.95M | $18.22M | $21.73M | $16.54M | $20.60M | $20.70M | $17.96M |
| Gross profit | $21.37M | $7.98M | $4.83M | $6.22M | $1.43M | −$1.24M | $4.41M | $5.68M |
| Gross margin | 44.9% | 29.6% | 20.9% | 22.3% | 8.0% | -6.4% | 17.6% | 24.0% |
| Research and development | $3.65M | $3.01M | $2.39M | $1.01M | $2.53M | $3.12M | $4.13M | $3.44M |
| Selling, general and administrative | $7.29M | $6.55M | $6.27M | $6.33M | $5.65M | $5.92M | $6.44M | $5.65M |
| Operating expenses | $10.94M | $9.56M | $8.66M | $7.35M | $8.18M | $9.03M | $10.57M | $9.09M |
| Operating income | $10.42M | −$1.59M | −$3.83M | −$1.12M | −$6.75M | −$10.28M | −$6.17M | −$3.41M |
| Operating margin | 21.9% | -5.9% | -16.6% | -4.0% | -37.5% | -53.1% | -24.6% | -14.4% |
| EBITDA | $12.93M | $850.00K | −$1.51M | $1.18M | −$4.49M | −$8.05M | −$3.92M | −$1.11M |
| Interest income | $4.73M | $101.00K | $0 | — | −$202.00K | −$269.00K | $0 | — |
| Interest expense | $0 | $0 | −$391.00K | −$395.00K | $0 | $0 | −$318.00K | −$391.00K |
| Income before taxes | $15.13M | −$1.06M | −$3.34M | −$1.17M | −$7.10M | −$9.94M | −$5.54M | −$2.26M |
| Income taxes | $2.10M | $430.00K | $501.00K | $504.00K | $579.00K | $74.00K | $113.00K | $626.00K |
| Net income | $13.03M | −$1.49M | −$3.84M | −$1.67M | −$7.67M | −$10.02M | −$5.66M | −$2.89M |
| Net margin | 27.4% | -5.5% | -16.7% | -6.0% | -42.7% | -51.7% | -22.5% | -12.2% |
| EPS, basic | $0.18 | −$0.03 | −$0.08 | −$0.04 | −$0.16 | −$0.20 | −$0.12 | −$0.07 |
| EPS, diluted | $0.17 | −$0.03 | −$0.08 | −$0.04 | −$0.16 | −$0.20 | −$0.12 | −$0.07 |
| Diluted shares | 63.47M | 53.32M | 44.63M | 43.84M | 43.71M | 43.55M | 43.38M | 43.16M |
Figures describe AXT shares, not any token. As of Aug 13, 2026, from Massive's standardised financials. The company reports these figures; a token's issuer holds the shares and reports nothing of its own here.