Q2 FY2026 EarningsQ2 FY26 results significantly beat consensus across all key financial metrics, driven by a 232.7% YoY surge in substrate revenue fueled by AI-related InP demand. Revenue of $47.6M outperformed the $34.1M estimate, while gross margin reached 44.9%, far exceeding the expected 32.7%. Diluted GAAP EPS of $0.17 beat the $0.055 consensus by $0.115, supported by record interest income from recent capital raises totaling $732.5M.
Financial report interval: 2026.03.30 - 2026.06.30
Overview: AXT(AXTI) the Revenue is 47.59 M (+164.8%), Beat estimate;the EBIT is 10.42 M (+270.5%), Beat estimate;the EPS is 0.17 (+206.3%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.05B164.77%
0.03B89.62%
+0.01B75.15%
EBITExceed expectations
0.01B270.53%
0.00B117.47%
+0.01B153.06%
EPSExceed expectations
0.17206.25%
0.055134.38%
+0.115071.87%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf