Which has grown faster, AXTI or VECO?

Over the past five years, VECO grew revenue faster — AXTI at a -1.98% CAGR versus VECO at 6.28%.

Is AXTI or VECO more profitable?

VECO runs the higher net margin — AXTI at -14.68% versus VECO at 3.53%.

Which has been the better investment, AXTI or VECO?

Over the past 10-year, AXTI delivered the higher annualized total return — AXTI at 38.01% versus VECO at 16.99%. Past performance doesn't predict future results.

AXT, Inc. (AXTI) vs Veeco Instruments Inc. (VECO)

VECO leads on 9 of 11 compared metrics.

A side-by-side comparison of AXT, Inc. and Veeco Instruments Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Veeco Instruments Inc.

$4.86B

$79.65Technology

Total return — AXTI vs VECO

growth of $100 · last 28y

AXTI +674.1%VECO +119.0%AXTI compounded faster

AXTI VECO

AXTI vs VECO: by the numbers

•VECO is the larger company ($4.86B vs $3.82B market cap).
•VECO is profitable (3.53% net margin) while AXTI runs a net loss (-14.68%).
•VECO grew revenue faster over the past five years (6.28% vs -1.98% CAGR).

Which is better, AXTI or VECO?

Metric tally: AXTI 2 · VECO 9

It depends on what you're optimizing for:

GrowthVECO(faster 5Y revenue CAGR)

QualityVECO(higher ROIC)

Metrics side by side

Valuation

Metric	AXTI	VECO
P/E ratio	—	208.13
Forward P/E	370.92	—
P/S ratio	51.22	7.34●
P/B ratio	17.87	5.45●
EV / EBITDA	—	86.21
FCF yield	—	0.89%

Profitability

Metric	AXTI	VECO
Gross margin	21.34%	38.46%●
Operating margin	-13.85%	3.48%●
Net margin	-14.68%	3.53%●
ROE	-5.12%	2.62%●
ROIC	-5.41%	2.79%●

Growth (annualized)

Metric	AXTI	VECO
Revenue CAGR (5Y)	-1.98%	6.28%●
EPS CAGR (5Y)	6.51%●	-2.19%
FCF CAGR (5Y)	-8.92%	-2.32%●
Total return CAGR (5Y)	49.27%●	28.01%

Frequently asked

Which is better, AXTI or VECO?: It depends on your goal. growth: VECO (faster 5Y revenue CAGR); quality: VECO (higher ROIC). Across all compared metrics, VECO leads 9 to 2.
Which has grown faster, AXTI or VECO?: Over the past five years, VECO grew revenue faster — AXTI at a -1.98% CAGR versus VECO at 6.28%.
Is AXTI or VECO more profitable?: VECO runs the higher net margin — AXTI at -14.68% versus VECO at 3.53%.
Which has been the better investment, AXTI or VECO?: Over the past 10-year, AXTI delivered the higher annualized total return — AXTI at 38.01% versus VECO at 16.99%. Past performance doesn't predict future results.

Go deeper

Full AXTI analysis Full VECO analysis Interactive comparison tool

Dig into the metrics

AXT P/E ratio Veeco Instruments P/E ratio AXT dividend yield Veeco Instruments dividend yield AXT ROE Veeco Instruments ROE AXT operating margin Veeco Instruments operating margin AXT revenue growth Veeco Instruments revenue growth AXT free cash flow Veeco Instruments free cash flow

AXT & Veeco Instruments appear in these rankings

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 18, 2026.