AXTAXTI -9.91%57 FCF Margin % is -48.49% as of Mar. 2026. GuruFocus rates AXTI with a GF Score™ of 57/100 and a GF Value™ of $2.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,023 Semiconductors companies, AXT ranks worse than 83.77% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. AXT's Free Cash Flow for the
three
months ended in Mar. 2026 was $-13.06 Mil. AXT's Revenue for the
three
months ended in Mar. 2026 was $26.92 Mil. Therefore, AXT's FCF Margin % for the quarter that ended in Mar. 2026 was -48.49%.
The historical rank and industry rank for AXT's FCF Margin % or its related term are showing as below:
AXTI'
s FCF Margin % Range Over the Past 10 Years
Min: -36.45 Med: -16.34 Max: 12.02
Current: -29.18
During the past 13 years, the highest FCF Margin % of AXT was 12.02%. The lowest was -36.45%. And the median was -16.34%.
AXTI's FCF Margin % is ranked worse than 83.77% of 1023
companies
in the Semiconductors industry
Industry Median: -0.76
vs AXTI: -29.18
AXT FCF Margin % Related Terms
AXT FCF Margin % Historical Data
* Premium members only.
The historical data trend for AXT's FCF Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Semiconductor Equipment & Materials subindustry, AXT's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AXT FCF Margin % vs Semiconductors Industry
For the Semiconductors industry and Technology sector, AXT's FCF Margin % distribution charts can be found below:
* The bar in red indicates where AXT's FCF Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AXT (AXTI) has a FCF Margin % of -48.49% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AXT and its competitors. According to the industry distribution chart, AXT ranks #857 out of 1023 companies in the Semiconductors industry, placing it in the top 83.8%.
Is AXT's FCF Margin % too high?
AXT's current FCF Margin % is -48.49%. Based on the distribution chart, AXT ranks #857 out of 1023 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, AXT has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AXT's FCF Margin % compare to ACMR and CAMT?
According to the Semiconductors industry distribution chart, AXT ranks #857 out of 1023 companies for FCF Margin %. This places AXT in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a Semiconductors company?
A good FCF Margin % depends on the Semiconductors industry context. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on AXT and its competitors. AXT's current FCF Margin % is -48.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AXT stock overvalued right now?
Based on GuruFocus' analysis, AXT (AXTI) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.56, compared to a current price of $70.14 — trading 2639.8% above its estimated fair value. The current FCF Margin % is -48.49%. AXT's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For AXT (AXTI), the current FCF Margin % is -48.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is AXT (AXTI) Overvalued in 2026?
Based on GuruFocus' analysis, AXT stock appears to be overvalued.
The current stock price of $70.14 is trading 2639.8% above its estimated GF Value™ of $2.56.
GuruFocus considers AXT to be Significantly Overvalued.
Key valuation signals for AXTI:
FCF Margin %: -48.49%
GF Value™: $2.56 vs. price of $70.14 (2639.8% above fair value)
No single metric tells the full story. See the AXTI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AXT Inc is a developer and producer of compound and single element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.
57GF Score
Get the complete analysis for AXTI
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
AXTI has been successfully added to your 
