AXT vs Kulicke and Soffa Industries
Kulicke and Soffa Industries reported revenue of $654 million in fiscal 2025, 7.4 times AXT's $88 million in fiscal 2025. AXT's revenue fell 11.1% in its latest year, and Kulicke and Soffa Industries' fell 7.4%. AXT had an operating margin of -24.9%, against -0.5% at Kulicke and Soffa Industries. Free cash flow was −$19 million at AXT and $96 million at Kulicke and Soffa Industries. Their fiscal years end in different months (December 31 and October 4), so the periods don't line up exactly.
Side by side
| AXT | Kulicke and Soffa Industries | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Oct 4, 2025 |
| Revenue | $88M | $654M |
| Revenue growth | −11.1% | −7.4% |
| Revenue growth a year, last 5 years | −1.5% | 1.0% |
| Gross margin | 12.7% | 42.5% |
| Operating margin | −24.9% | −0.5% |
| Net margin | −24.1% | 0.0% |
| Free cash flow | −$19M | $96M |
| Free cash flow margin | −21.3% | 14.7% |
| Return on capital | — | — |
| Net debt to EBITDA | — | — |
| Dividends and buybacks | $0M | $151M |
| Change in diluted share count | 1.8% | −4.3% |
| Last close | $38.88 | $64.01 |
| P/E at the last close | — | 29.5× |
| Insider trades, last 12 months | sold $76.3 million | sold $18.4 million |
| Piotroski F-score | — | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AXTKulicke and Soffa Industries
Operating margin
Percent of revenue
AXTKulicke and Soffa Industries
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AXTKulicke and Soffa Industries
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the AXT and Kulicke and Soffa Industries pages.