### @AXTI — Confirmed — from the Q1 FY2026 earnings call and quarterly filing
Look, our quarter ending March 2026 was the profitability inflection — $26.9 million revenue, up 39% year over year, non-GAAP gross margin 29.9% from negative territory. InP hit $13.6 million, a tad north of half the business, datacenter-driven, backlog over $100 million. Next quarter guided as our largest InP quarter ever, past the pandemic record. June quarter profitability on both GAAP and non-GAAP, built on the roughly $34 million we already have permits for or need none. Okay?
- tier: Confirmed (✓)
- source: AXTI / The quarter InP crossed half the business
- receipt: https://ticker.thevixguy.com/p/p-day-20260715-axti-src-axti-inp-inflection-quarter-conversation
- posted: 2026-07-15T01:23:46.708Z