Which has grown faster, AXTI or LWLG?

Over the past five years, LWLG grew revenue faster — AXTI at a -1.98% CAGR versus LWLG at 43.26%.

Which has been the better investment, AXTI or LWLG?

Over the past 10-year, AXTI delivered the higher annualized total return — AXTI at 35.83% versus LWLG at 31.26%. Past performance doesn't predict future results.

AXT, Inc. (AXTI) vs Lightwave Logic, Inc. (LWLG)

AXTI leads on 8 of 9 compared metrics.

A side-by-side comparison of AXT, Inc. and Lightwave Logic, 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).

Lightwave Logic, Inc.

$1.43B

$9.26Technology

Total return — AXTI vs LWLG

growth of $100 · last 20y

AXTI +1892.6%LWLG +447.9%AXTI compounded faster

AXTI LWLG

AXTI vs LWLG: by the numbers

•AXTI is the larger company ($3.19B vs $1.43B market cap).
•Both run net losses; AXTI's is the smaller (-14.68% vs -9015.57% net margin).
•LWLG grew revenue faster over the past five years (43.26% vs -1.98% CAGR).

Which is better, AXTI or LWLG?

Metric tally: AXTI 8 · LWLG 1

It depends on what you're optimizing for:

GrowthLWLG(faster 5Y revenue CAGR)

QualityAXTI(higher ROIC)

Metrics side by side

Valuation

Metric	AXTI	LWLG
Forward P/E	256.28	—
P/S ratio	43.32●	5640.68
P/B ratio	15.11●	16.86

Profitability

Metric	AXTI	LWLG
Gross margin	21.34%●	-566.69%
Operating margin	-13.85%●	-9288.73%
Net margin	-14.68%●	-9015.57%
ROE	-5.12%●	-26.95%
ROIC	-5.41%●	-26.04%

Growth (annualized)

Metric	AXTI	LWLG
Revenue CAGR (5Y)	-1.98%	43.26%●
EPS CAGR (5Y)	6.51%	—
FCF CAGR (5Y)	-8.92%	—
Total return CAGR (5Y)	43.42%●	3.02%

Frequently asked

Which is better, AXTI or LWLG?: It depends on your goal. growth: LWLG (faster 5Y revenue CAGR); quality: AXTI (higher ROIC). Across all compared metrics, AXTI leads 8 to 1.
Which has grown faster, AXTI or LWLG?: Over the past five years, LWLG grew revenue faster — AXTI at a -1.98% CAGR versus LWLG at 43.26%.
Which has been the better investment, AXTI or LWLG?: Over the past 10-year, AXTI delivered the higher annualized total return — AXTI at 35.83% versus LWLG at 31.26%. Past performance doesn't predict future results.

Go deeper

Full AXTI analysis Full LWLG analysis Interactive comparison tool

Dig into the metrics

AXT P/E ratio Lightwave Logic P/E ratio AXT dividend yield Lightwave Logic dividend yield AXT ROE Lightwave Logic ROE AXT operating margin Lightwave Logic operating margin AXT revenue growth Lightwave Logic revenue growth AXT free cash flow Lightwave Logic free cash flow

AXT & Lightwave Logic appear in these rankings

Fastest Revenue Growth Stocks Best 10-Year Total Return Stocks

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.