vs
Side-by-side financial comparison of AXT INC (AXTI) and i-80 Gold Corp. (IAUX). Click either name above to swap in a different company.
AXT INC is the larger business by last-quarter revenue ($26.9M vs $21.3M, roughly 1.3× i-80 Gold Corp.).
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.
i-80 Gold Corp is a mineral exploration and development firm focused on gold and silver asset operations in Nevada, US. It advances high-potential mining projects, using responsible extraction practices to deliver precious metals to global industrial and investment markets.
AXTI vs IAUX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $26.9M | $21.3M |
| Net Profit | — | $-85.6M |
| Gross Margin | 29.6% | 22.0% |
| Operating Margin | 64.5% | -291.6% |
| Net Margin | — | -401.9% |
| Revenue YoY | 39.1% | — |
| Net Profit YoY | — | — |
| EPS (diluted) | — | $-0.10 |
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.
| Q1 26 | $26.9M | — | ||
| Q4 25 | $23.0M | $21.3M | ||
| Q3 25 | $28.0M | $32.0M | ||
| Q2 25 | $18.0M | $27.8M | ||
| Q1 25 | $19.4M | $14.0M | ||
| Q4 24 | $25.1M | — | ||
| Q3 24 | $23.6M | $11.5M | ||
| Q2 24 | $27.9M | $7.2M |
| Q1 26 | — | — | ||
| Q4 25 | $-3.5M | $-85.6M | ||
| Q3 25 | $-1.9M | $-41.9M | ||
| Q2 25 | $-7.0M | $-30.2M | ||
| Q1 25 | $-8.8M | $-41.2M | ||
| Q4 24 | $-5.1M | — | ||
| Q3 24 | $-2.9M | $-43.1M | ||
| Q2 24 | $-1.5M | $-41.0M |
| Q1 26 | 29.6% | — | ||
| Q4 25 | 20.9% | 22.0% | ||
| Q3 25 | 22.3% | 9.7% | ||
| Q2 25 | 8.0% | 2.9% | ||
| Q1 25 | -6.4% | 20.7% | ||
| Q4 24 | 17.6% | — | ||
| Q3 24 | 24.0% | -42.7% | ||
| Q2 24 | 27.4% | -171.4% |
| Q1 26 | 64.5% | — | ||
| Q4 25 | -16.6% | -291.6% | ||
| Q3 25 | -4.0% | -86.7% | ||
| Q2 25 | -37.5% | -67.4% | ||
| Q1 25 | -53.1% | -112.3% | ||
| Q4 24 | -24.6% | — | ||
| Q3 24 | -14.4% | -210.0% | ||
| Q2 24 | -6.8% | -435.2% |
| Q1 26 | — | — | ||
| Q4 25 | -15.4% | -401.9% | ||
| Q3 25 | -6.8% | -130.8% | ||
| Q2 25 | -39.0% | -108.5% | ||
| Q1 25 | -45.5% | -293.3% | ||
| Q4 24 | -20.3% | — | ||
| Q3 24 | -12.4% | -374.5% | ||
| Q2 24 | -5.4% | -570.8% |
| Q1 26 | — | — | ||
| Q4 25 | $-0.09 | $-0.10 | ||
| Q3 25 | $-0.04 | $-0.05 | ||
| Q2 25 | $-0.16 | $-0.05 | ||
| Q1 25 | $-0.20 | $-0.10 | ||
| Q4 24 | $-0.11 | — | ||
| Q3 24 | $-0.07 | $-0.11 | ||
| Q2 24 | $-0.04 | $-0.11 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $107.1M | $63.2M |
| Total DebtLower is stronger | — | $174.7M |
| Stockholders' EquityBook value | $298.4M | $346.8M |
| Total Assets | $444.6M | $703.4M |
| Debt / EquityLower = less leverage | — | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $107.1M | — | ||
| Q4 25 | $120.3M | $63.2M | ||
| Q3 25 | $23.1M | $102.9M | ||
| Q2 25 | $27.0M | $133.7M | ||
| Q1 25 | $31.6M | $13.5M | ||
| Q4 24 | $22.8M | — | ||
| Q3 24 | $24.9M | $21.8M | ||
| Q2 24 | $29.5M | $47.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | $174.7M | ||
| Q3 25 | — | $175.9M | ||
| Q2 25 | — | $175.8M | ||
| Q1 25 | — | $197.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $298.4M | — | ||
| Q4 25 | $273.3M | $346.8M | ||
| Q3 25 | $179.1M | $423.0M | ||
| Q2 25 | $179.7M | $463.5M | ||
| Q1 25 | $185.0M | $318.0M | ||
| Q4 24 | $192.8M | — | ||
| Q3 24 | $200.7M | $346.9M | ||
| Q2 24 | $199.7M | $377.2M |
| Q1 26 | $444.6M | — | ||
| Q4 25 | $433.8M | $703.4M | ||
| Q3 25 | $334.0M | $756.2M | ||
| Q2 25 | $329.0M | $782.9M | ||
| Q1 25 | $333.5M | $659.0M | ||
| Q4 24 | $339.3M | — | ||
| Q3 24 | $355.6M | — | ||
| Q2 24 | $349.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.50× | ||
| Q3 25 | — | 0.42× | ||
| Q2 25 | — | 0.38× | ||
| Q1 25 | — | 0.62× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $-34.3M |
| Free Cash FlowOCF − Capex | — | $-39.2M |
| FCF MarginFCF / Revenue | — | -184.3% |
| Capex IntensityCapex / Revenue | — | 23.1% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-93.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.3M | $-34.3M | ||
| Q3 25 | $-9.2M | $-15.2M | ||
| Q2 25 | $-4.6M | $-11.3M | ||
| Q1 25 | $-3.3M | $-22.7M | ||
| Q4 24 | $1.3M | — | ||
| Q3 24 | $-5.4M | $-23.5M | ||
| Q2 24 | $843.0K | $-24.6M |
| Q1 26 | — | — | ||
| Q4 25 | $1.3M | $-39.2M | ||
| Q3 25 | $-11.3M | $-18.5M | ||
| Q2 25 | $-4.9M | $-12.4M | ||
| Q1 25 | $-3.9M | $-23.1M | ||
| Q4 24 | $1.1M | — | ||
| Q3 24 | $-6.4M | $-23.8M | ||
| Q2 24 | $572.0K | $-25.1M |
| Q1 26 | — | — | ||
| Q4 25 | 5.5% | -184.3% | ||
| Q3 25 | -40.5% | -57.8% | ||
| Q2 25 | -27.0% | -44.7% | ||
| Q1 25 | -19.9% | -164.1% | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | -26.9% | -206.7% | ||
| Q2 24 | 2.0% | -349.1% |
| Q1 26 | — | — | ||
| Q4 25 | 13.2% | 23.1% | ||
| Q3 25 | 7.8% | 10.2% | ||
| Q2 25 | 1.6% | 3.9% | ||
| Q1 25 | 2.6% | 2.5% | ||
| Q4 24 | 0.7% | — | ||
| Q3 24 | 4.0% | 2.5% | ||
| Q2 24 | 1.0% | 7.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AXTI
Segment breakdown not available.
IAUX
| Granite Creek Mining Company | $20.3M | 95% |
| Ruby Hill Mining Company LLC | $991.0K | 5% |
| Lone Tree Minning Company | $3.0K | 0% |
