Which has grown faster, AXTI or ONDS?

Over the past five years, ONDS grew revenue faster — AXTI at a -1.52% CAGR versus ONDS at 127.47%.

Is AXTI or ONDS more profitable?

ONDS runs the higher net margin — AXTI at 3.23% versus ONDS at 96.25%.

How have AXTI and ONDS total returns compared?

Over the past 5 years, AXTI delivered 58.12% and ONDS delivered -4.75% annualized total return. Past performance doesn't predict future results.

AXT, Inc. (AXTI) vs Ondas Holdings Inc. (ONDS)

A side-by-side comparison of AXT, Inc. and Ondas Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

AXTI

AXT, Inc.

$4.36B

$85.87TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

ONDS

Ondas Holdings Inc.

$4.13B

$7.24TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — AXTI vs ONDS

growth of $100 · dividends reinvested · last 8y

AXTI +1137.7% (+37.0%/yr)ONDS -47.3% (-7.7%/yr)AXTI compounded faster over this window

Log scale — wide-divergence pair

AXTI ONDS

AXTI vs ONDS: by the numbers

•AXTI is the larger company ($4.36B vs $4.13B market cap).
•ONDS converts more revenue to profit (96.25% vs 3.23% net margin).
•ONDS grew revenue faster over the past five years (127.47% vs -1.52% CAGR).

Metrics side by side

Valuation

Metric	AXTI	ONDS
P/E ratio	3592.89	N/A
Forward P/E	N/A	23.38
P/S ratio	34.72	23.70
P/B ratio	4.91	2.63
EV / EBITDA	301.36	N/A

Profitability

Metric	AXTI	ONDS
Gross margin	12.73%	43.72%
Operating margin	-24.88%	-115.09%
Net margin	3.23%	96.25%
ROE	0.46%	10.67%
ROIC	0.23%	-8.63%

Growth (annualized)

Metric	AXTI	ONDS
Revenue CAGR (5Y)	-1.52%	127.47%
Total return CAGR (5Y)	58.12%	-4.75%

Frequently asked

Which has grown faster, AXTI or ONDS?: Over the past five years, ONDS grew revenue faster — AXTI at a -1.52% CAGR versus ONDS at 127.47%.
Is AXTI or ONDS more profitable?: ONDS runs the higher net margin — AXTI at 3.23% versus ONDS at 96.25%.
How have AXTI and ONDS total returns compared?: Over the past 5 years, AXTI delivered 58.12% and ONDS delivered -4.75% annualized total return. Past performance doesn't predict future results.

Go deeper

Full AXTI analysis Full ONDS analysis Interactive comparison tool

Dig into the metrics

AXT P/E ratio AXT ROE Ondas ROE AXT operating margin Ondas operating margin AXT revenue growth Ondas revenue growth AXT free cash flow Ondas free cash flow

AXT & Ondas appear in these rankings

Fastest Revenue Growth Stocks Highest 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 October 2, 2026.