AXTI Q3 FY2026 earnings: EPS beat by 33.1%, revenue beat by 11.2%
AXT reported Q3 FY2026. EPS came in at $0.41 against a $0.31 consensus, beat by 33.1%. Revenue was $73.4M versus $66.0M expected, beat by 11.2%. Gross margin was 56.0%, up 1110 bps from last quarter.
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The quarter in numbers
| Metric | Actual | Consensus | Surprise |
|---|---|---|---|
| EPS | $0.41 | $0.31 | beat by 33.1% |
| Revenue | $73.4M | $66.0M | beat by 11.2% |
| Line | This quarter | QoQ | YoY |
|---|---|---|---|
| Revenue | $73.4M | +54.3% | +162.6% |
| Gross profit | $41.1M | +92.3% | +560.3% |
| Operating income | $28.4M | +172.7% | +2631.3% |
| Net income | $25.7M | +131.2% | +1449.6% |
| Diluted EPS | $0.39 | +116.7% | +976.4% |
| Gross margin: 56.0%. |
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The trend
Revenue is up 162.6% from the same quarter last year. Gross margin sits at 56.0%, a new high for the period charted.
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How it stacks up
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