Filing Flows › AXT (AXTI) › Q3 2026 › vs Q2 2026
AXT (AXTI) Q3 2026 vs Q2 2026 (quarter over quarter)
AXT's revenue rose $25.8M (+54%) from $47.6M in Q2 2026 to $73.4M in Q3 2026. Gross margin 56.0% against 44.9% (+11.1 pts).
AXT, Q3 2026: revenue $73.4M (+163% year over year), operating margin 38.7%, net earnings $25.7M. The chart draws each line against Q2 2026, the increases inside each band.
Margins
| Q3 2026 | Q2 2026 | Change | |
|---|---|---|---|
| Gross margin | 56.0% | 44.9% | +11.1 pts |
| Operating margin | 38.7% | 21.9% | +16.8 pts |
| Net margin | 35.0% | 23.4% | +11.7 pts |
Every line
| Line | Q3 2026 | Q2 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $73.4M | $47.6M | $25.8M | +54% |
| Gross profit | $41.1M | $21.4M | $19.7M | +92% |
| Cost of revenue | $32.3M | $26.2M | $6.1M | +23% |
| Other income, net | $5.9M | $4.7M | $1.2M | +25% |
| Operating profit | $28.4M | $10.4M | $18.0M | +173% |
| Operating expenses | $12.7M | $10.9M | $1.7M | +16% |
| Pre-tax earnings | $34.3M | $15.1M | $19.2M | +127% |
| Research & development | $3.9M | $3.7M | $293K | +8% |
| SG&A | $8.7M | $7.3M | $1.4M | +20% |
| Net earnings | $25.7M | $11.1M | $14.6M | +131% |
| Minority interests | $4.0M | $1.9M | $2.1M | +112% |
| Income tax | $4.6M | $2.1M | $2.5M | +117% |
Questions
How much did AXT's revenue grow quarter over quarter in Q3 2026?
AXT's revenue rose $25.8M (+54%) from $47.6M in Q2 2026 to $73.4M in Q3 2026. Gross margin 56.0% against 44.9% (+11.1 pts).