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Side-by-side financial comparison of AXT INC (AXTI) and FIRST COMMUNITY BANKSHARES INC (FCBC). Click either name above to swap in a different company.

FIRST COMMUNITY BANKSHARES INC is the larger business by last-quarter revenue ($43.8M vs $26.9M, roughly 1.6× AXT INC). On growth, AXT INC posted the faster year-over-year revenue change (39.1% vs 5.1%). Over the past eight quarters, FIRST COMMUNITY BANKSHARES INC's revenue compounded faster (3.5% CAGR vs -1.8%).

AXT Inc designs, manufactures and sells high-performance compound semiconductor substrates, including gallium arsenide, indium phosphide and germanium wafers. Its products power optoelectronic and radio frequency devices for global communications, consumer electronics and industrial end markets.

First Community Bankshares, Inc. is a $2.43 billion bank holding company and the parent company of First Community Bank of Bluefield, Virginia, in the United States. As of 2012 First Community Bank had 45 locations in Virginia, West Virginia, and North Carolina, and two locations operating as Peoples Community Bank in Tennessee. As of April 21, 2023, First Community had $3.6 billion in assets.

AXTI vs FCBC — Head-to-Head

Bigger by revenue
FCBC
FCBC
1.6× larger
FCBC
$43.8M
$26.9M
AXTI
Growing faster (revenue YoY)
AXTI
AXTI
+34.0% gap
AXTI
39.1%
5.1%
FCBC
Faster 2-yr revenue CAGR
FCBC
FCBC
Annualised
FCBC
3.5%
-1.8%
AXTI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
AXTI
AXTI
FCBC
FCBC
Revenue
$26.9M
$43.8M
Net Profit
$12.5M
Gross Margin
29.6%
Operating Margin
64.5%
36.8%
Net Margin
28.5%
Revenue YoY
39.1%
5.1%
Net Profit YoY
-4.4%
EPS (diluted)
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AXTI
AXTI
FCBC
FCBC
Q1 26
$26.9M
Q4 25
$23.0M
$43.8M
Q3 25
$28.0M
$42.2M
Q2 25
$18.0M
$41.0M
Q1 25
$19.4M
$40.5M
Q4 24
$25.1M
$41.7M
Q3 24
$23.6M
$42.0M
Q2 24
$27.9M
$41.3M
Net Profit
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
$-3.5M
$12.5M
Q3 25
$-1.9M
$12.3M
Q2 25
$-7.0M
$12.2M
Q1 25
$-8.8M
$11.8M
Q4 24
$-5.1M
$13.0M
Q3 24
$-2.9M
$13.0M
Q2 24
$-1.5M
$12.7M
Gross Margin
AXTI
AXTI
FCBC
FCBC
Q1 26
29.6%
Q4 25
20.9%
Q3 25
22.3%
Q2 25
8.0%
Q1 25
-6.4%
Q4 24
17.6%
Q3 24
24.0%
Q2 24
27.4%
Operating Margin
AXTI
AXTI
FCBC
FCBC
Q1 26
64.5%
Q4 25
-16.6%
36.8%
Q3 25
-4.0%
37.7%
Q2 25
-37.5%
38.6%
Q1 25
-53.1%
37.7%
Q4 24
-24.6%
39.6%
Q3 24
-14.4%
39.3%
Q2 24
-6.8%
39.3%
Net Margin
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
-15.4%
28.5%
Q3 25
-6.8%
29.1%
Q2 25
-39.0%
29.9%
Q1 25
-45.5%
29.2%
Q4 24
-20.3%
31.3%
Q3 24
-12.4%
31.0%
Q2 24
-5.4%
30.8%
EPS (diluted)
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
$-0.09
$0.67
Q3 25
$-0.04
$0.67
Q2 25
$-0.16
$0.67
Q1 25
$-0.20
$0.64
Q4 24
$-0.11
$0.67
Q3 24
$-0.07
$0.71
Q2 24
$-0.04
$0.71

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AXTI
AXTI
FCBC
FCBC
Cash + ST InvestmentsLiquidity on hand
$107.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$298.4M
$500.5M
Total Assets
$444.6M
$3.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AXTI
AXTI
FCBC
FCBC
Q1 26
$107.1M
Q4 25
$120.3M
Q3 25
$23.1M
Q2 25
$27.0M
Q1 25
$31.6M
Q4 24
$22.8M
Q3 24
$24.9M
Q2 24
$29.5M
Total Debt
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Stockholders' Equity
AXTI
AXTI
FCBC
FCBC
Q1 26
$298.4M
Q4 25
$273.3M
$500.5M
Q3 25
$179.1M
$510.7M
Q2 25
$179.7M
$502.8M
Q1 25
$185.0M
$496.4M
Q4 24
$192.8M
$526.4M
Q3 24
$200.7M
$520.7M
Q2 24
$199.7M
$508.9M
Total Assets
AXTI
AXTI
FCBC
FCBC
Q1 26
$444.6M
Q4 25
$433.8M
$3.3B
Q3 25
$334.0M
$3.2B
Q2 25
$329.0M
$3.2B
Q1 25
$333.5M
$3.2B
Q4 24
$339.3M
$3.3B
Q3 24
$355.6M
$3.2B
Q2 24
$349.4M
$3.2B
Debt / Equity
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AXTI
AXTI
FCBC
FCBC
Operating Cash FlowLast quarter
$62.7M
Free Cash FlowOCF − Capex
$60.0M
FCF MarginFCF / Revenue
137.0%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
5.03×
TTM Free Cash FlowTrailing 4 quarters
$100.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
$4.3M
$62.7M
Q3 25
$-9.2M
$18.9M
Q2 25
$-4.6M
$10.2M
Q1 25
$-3.3M
$13.2M
Q4 24
$1.3M
$57.7M
Q3 24
$-5.4M
$11.4M
Q2 24
$843.0K
$14.5M
Free Cash Flow
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
$1.3M
$60.0M
Q3 25
$-11.3M
$18.5M
Q2 25
$-4.9M
$10.0M
Q1 25
$-3.9M
$12.1M
Q4 24
$1.1M
$54.9M
Q3 24
$-6.4M
$10.9M
Q2 24
$572.0K
$14.1M
FCF Margin
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
5.5%
137.0%
Q3 25
-40.5%
43.9%
Q2 25
-27.0%
24.3%
Q1 25
-19.9%
29.8%
Q4 24
4.4%
131.8%
Q3 24
-26.9%
26.0%
Q2 24
2.0%
34.1%
Capex Intensity
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
13.2%
6.3%
Q3 25
7.8%
1.0%
Q2 25
1.6%
0.6%
Q1 25
2.6%
2.8%
Q4 24
0.7%
6.7%
Q3 24
4.0%
1.2%
Q2 24
1.0%
0.9%
Cash Conversion
AXTI
AXTI
FCBC
FCBC
Q1 26
Q4 25
5.03×
Q3 25
1.54×
Q2 25
0.83×
Q1 25
1.12×
Q4 24
4.43×
Q3 24
0.88×
Q2 24
1.14×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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