AXT, Inc. (AXTI) vs LightPath Technologies, Inc. (LPTH)
AXTI leads on 6 of 11 compared metrics.
A side-by-side comparison of AXT, Inc. and LightPath Technologies, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 24, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — AXTI vs LPTH
growth of $100 · last 28yAXTI +543.5%LPTH -78.8%AXTI compounded faster
Log scale — wide-divergence pair
AXTI LPTH
AXTI vs LPTH: by the numbers
- •AXTI is the larger company ($3.19B vs $607M market cap).
- •Both run net losses; AXTI's is the smaller (-14.68% vs -37.38% net margin).
- •LPTH grew revenue faster over the past five years (9.85% vs -1.98% CAGR).
Which is better, AXTI or LPTH?
Metric tally: AXTI 6 · LPTH 5It depends on what you're optimizing for:
GrowthLPTH(faster 5Y revenue CAGR)
QualityAXTI(higher ROIC)
Metrics side by side
Valuation
| Metric | AXTI | LPTH |
|---|---|---|
| Forward P/E | 256.28 | — |
| P/S ratio | 43.32 | 12.72● |
| P/B ratio | 15.11 | 7.07● |
Profitability
| Metric | AXTI | LPTH |
|---|---|---|
| Gross margin | 21.34% | 32.10%● |
| Operating margin | -13.85%● | -14.40% |
| Net margin | -14.68%● | -37.38% |
| ROE | -5.12%● | -20.78% |
| ROIC | -5.41%● | -17.90% |
Growth (annualized)
| Metric | AXTI | LPTH |
|---|---|---|
| Revenue CAGR (5Y) | -1.98% | 9.85%● |
| EPS CAGR (5Y) | 6.51% | 7.65%● |
| FCF CAGR (5Y) | -8.92%● | -39.42% |
| Total return CAGR (5Y) | 43.42%● | 37.14% |
Frequently asked
- Which is better, AXTI or LPTH?
- It depends on your goal. growth: LPTH (faster 5Y revenue CAGR); quality: AXTI (higher ROIC). Across all compared metrics, AXTI leads 6 to 5.
- Which has grown faster, AXTI or LPTH?
- Over the past five years, LPTH grew revenue faster — AXTI at a -1.98% CAGR versus LPTH at 9.85%.
- Which has been the better investment, AXTI or LPTH?
- Over the past 10-year, AXTI delivered the higher annualized total return — AXTI at 35.83% versus LPTH at 22.21%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
AXT P/E ratioLightPath Technologies P/E ratioAXT dividend yieldLightPath Technologies dividend yieldAXT ROELightPath Technologies ROEAXT operating marginLightPath Technologies operating marginAXT revenue growthLightPath Technologies revenue growthAXT free cash flowLightPath Technologies free cash flow
AXT & LightPath Technologies appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 24, 2026.