12 Best Performing Stocks in February

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3. AXT, Inc. (NASDAQ:AXTI)

Total Returns in February: 80.99%

On February 19, AXT, Inc. (NASDAQ:AXTI) announced fourth-quarter 2025 revenue of $23.0 million, down from $28.0 million in the third quarter of 2025 and $25.1 million the previous year. The firm’s GAAP gross margin was 20.9%, compared to 22.3% in the previous quarter and 17.6% in the fourth quarter of 2024, while the non-GAAP gross margin was 21.5%. The company reported a GAAP net loss of $3.5 million, or $0.08 per share, up from $1.9 million, or $0.04 per share, in the previous quarter but down from $5.1 million, or $0.12 per share, a year ago. The non-GAAP net loss totaled $2.3 million, or $0.05 per share. CEO Morris Young noted export permit restrictions during the quarter.

For fiscal year 2025, AXT, Inc. (NASDAQ:AXTI) produced $88.3 million in revenue, down from $99.4 million in 2024, with a GAAP gross margin of 12.7%. The company reported a GAAP net loss of $21.3 million, or $0.49 per share, although the non-GAAP net loss was $18.0 million, or $0.41 per share. Young stated that the corporation expects sequential revenue growth in the first quarter of 2026, fueled by indium phosphide demand related to AI infrastructure expansion.

AXT, Inc. (NASDAQ:AXTI) designs, develops, manufactures, and distributes compound and single-element semiconductor substrates. It also distributes specialty material substrates as well as raw materials used for the production of substrates and related goods.

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