Axcelis Q1 revenue falls to $192.6 million; GAAP EPS $0.88 vs. $1.57
Axcelis reported first-quarter 2025 revenue of $192.6 million, down from $252.4 million a year earlier, and GAAP diluted earnings per share of $0.88, down from $1.57. It also guided to second-quarter revenue of approximately $185 million and GAAP diluted EPS of approximately $0.57, so shareholders face lower reported sales and profit in both periods.
Key points
- Q1 2025 revenue was $192.6 million vs. $252.4 million in Q1 2024
- Q1 2025 net income was $28.6 million vs. $51.6 million; GAAP diluted EPS $0.88 vs. $1.57
- Non-GAAP diluted EPS was $1.04 vs. $1.68 a year earlier
- Q2 2025 outlook: revenue of approximately $185 million, GAAP diluted EPS of approximately $0.57, non-GAAP EPS of approximately $0.73
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 06, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.