Axcelis Technologies, Inc. (ACLS)

Nasdaq Information Technology Semiconductor Materials & Equipment S&P SmallCap 600

$99.24

+9.24 (+10.27%)

Close of Nov 06, 2026 · end-of-day data

Source: Axcelis Technologies, Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 06, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$266.98M	$410.56M	$442.57M	$342.96M	$474.56M	$662.43M	$920.00M	$1.13B	$1.02B	$839.05M
Cost of revenue	$167.38M	$260.31M	$262.94M	$198.81M	$275.98M	$375.98M	$518.21M	$639.30M	$563.21M	$462.20M
Gross profit	$99.60M	$150.25M	$179.64M	$144.15M	$198.58M	$286.44M	$401.79M	$491.30M	$454.65M	$376.85M
Research & development	$34.40M	$43.07M	$51.88M	$53.93M	$61.83M	$65.43M	$78.36M	$96.91M	$105.50M	$108.96M
Operating income	$16.62M	$47.84M	$59.96M	$24.20M	$58.04M	$127.33M	$212.36M	$265.80M	$210.79M	$119.31M
Interest expense	$5.07M	$5.12M	$5.11M	$5.16M	$5.21M	$4.83M	$5.58M	$5.35M	$5.46M	$5.36M
Pre-tax income	$11.02M	$43.83M	$54.70M	$20.92M	$55.89M	$120.43M	$204.88M	$278.60M	$230.27M	$138.25M
Income tax	$23.00K	-$83.13M	$8.82M	$3.89M	$5.90M	$21.78M	$21.81M	$32.34M	$29.28M	$18.01M
Net income	$11.00M	$126.96M	$45.88M	$17.03M	$49.98M	$98.65M	$183.08M	$246.26M	$200.99M	$120.24M
EBITDA	$20.88M	$52.84M	$65.73M	$32.09M	$67.98M	$138.14M	$223.97M	$278.86M	$226.60M	$136.93M
EPS (basic)	$0.38	$4.11	$1.42	$0.52	$1.50	$2.94	$5.54	$7.52	$6.17	$3.81
EPS (diluted)	$0.36	$3.80	$1.35	$0.50	$1.46	$2.88	$5.46	$7.43	$6.15	$3.80
Diluted shares	30.95M	33.44M	34.00M	33.83M	34.13M	34.27M	33.54M	33.16M	32.70M	31.67M
Gross margin	37.3%	36.6%	40.6%	42.0%	41.8%	43.2%	43.7%	43.5%	44.7%	44.9%
Operating margin	6.2%	11.7%	13.5%	7.1%	12.2%	19.2%	23.1%	23.5%	20.7%	14.2%
Net margin	4.1%	30.9%	10.4%	5.0%	10.5%	14.9%	19.9%	21.8%	19.7%	14.3%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$70.79M	$133.41M	$177.99M	$139.88M	$203.48M	$294.92M	$185.59M	$167.30M	$123.51M	$145.45M
Short-term investments	—	—	—	—	—	—	$246.57M	$338.85M	$447.83M	$228.80M
Receivables	$50.57M	$75.30M	$78.73M	$83.75M	$86.86M	$104.41M	$169.77M	$217.96M	$203.15M	$168.48M
Inventory	$113.85M	$120.54M	$129.00M	$140.36M	$161.08M	$194.98M	$242.41M	$306.48M	$282.23M	$329.01M
Total current assets	$240.73M	$339.77M	$396.77M	$375.68M	$470.79M	$619.25M	$877.64M	$1.08B	$1.12B	$943.20M
Total assets	$302.23M	$488.22M	$548.44M	$548.09M	$624.62M	$753.24M	$1.01B	$1.28B	$1.35B	$1.36B
Total current liabilities	$47.73M	$79.29M	$85.00M	$68.66M	$84.43M	$150.14M	$248.13M	$285.13M	$207.52M	$197.66M
Total liabilities	$100.78M	$134.61M	$140.10M	$128.67M	$143.02M	$214.28M	$346.38M	$417.08M	$335.99M	$326.67M
Shareholders' equity	$201.46M	$353.61M	$408.34M	$419.43M	$481.60M	$538.96M	$667.26M	$864.88M	$1.01B	$1.03B

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	-$8.79M	$56.28M	$46.97M	-$13.59M	$69.70M	$150.19M	$215.61M	$156.87M	$140.82M	$118.31M
Capital expenditures	$2.51M	$7.29M	$4.71M	$11.97M	$7.43M	$8.72M	$10.68M	$20.66M	$12.18M	$11.29M
Free cash flow	-$11.29M	$49.00M	$42.25M	-$25.56M	$62.27M	$141.47M	$204.92M	$136.21M	$128.64M	$107.01M
Investing cash flow	-$2.24M	-$7.29M	-$4.71M	-$11.97M	-$7.27M	-$8.72M	-$257.25M	-$100.86M	-$108.73M	$29.93M
Financing cash flow	$2.35M	$15.07M	$1.19M	-$13.41M	-$2.39M	-$52.45M	-$65.48M	-$68.27M	-$71.19M	-$124.49M
Share buybacks	—	—	—	$17.74M	$7.50M	$49.99M	$57.49M	$52.50M	$60.49M	$121.08M
Stock-based compensation	$5.18M	$5.67M	$7.78M	$8.17M	$10.48M	$12.07M	$13.44M	$18.27M	$20.95M	$20.77M
Depreciation & amortization	$4.26M	$5.00M	$5.77M	$7.88M	$9.94M	$10.82M	$11.61M	$13.07M	$15.81M	$17.61M

Income statement

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	$310.29M	$252.37M	$256.51M	$256.56M	$252.42M	$192.56M	$194.54M	$213.61M	$238.33M	$198.96M	$215.18M	$237.78M
Cost of revenue	$172.39M	$136.32M	$144.10M	$146.59M	$136.19M	$103.80M	$107.20M	$124.81M	$126.40M	$118.38M	$123.99M	$140.36M
Gross profit	$137.90M	$116.05M	$112.41M	$109.97M	$116.22M	$88.77M	$87.34M	$88.81M	$111.93M	$80.58M	$91.19M	$97.42M
Research & development	$24.91M	$25.66M	$25.79M	$26.39M	$27.65M	$27.13M	$27.06M	$24.64M	$30.13M	$28.52M	$28.98M	$30.18M
Operating income	$79.05M	$56.54M	$52.81M	$46.91M	$54.53M	$29.16M	$28.96M	$25.02M	$36.17M	$7.95M	$20.28M	$27.34M
Interest expense	$1.32M	$1.35M	$1.34M	$1.33M	$1.45M	$1.37M	$1.35M	$1.30M	$1.34M	$1.29M	$1.26M	$1.96M
Pre-tax income	$87.41M	$59.00M	$57.27M	$55.37M	$58.65M	$33.08M	$35.00M	$30.15M	$40.02M	$10.62M	$25.35M	$36.01M
Income tax	$16.35M	$7.40M	$6.40M	$6.79M	$8.69M	$4.50M	$3.62M	$4.16M	$5.72M	$1.41M	$2.06M	-$1.75M
Net income	$71.06M	$51.59M	$50.87M	$48.58M	$49.96M	$28.58M	$31.38M	$25.99M	$34.30M	$9.21M	$23.29M	$37.76M
EBITDA	$82.63M	$60.31M	$56.67M	$50.82M	$58.80M	$33.47M	$33.47M	$29.32M	$40.63M	$12.39M	$24.68M	$31.84M
EPS (basic)	$2.17	$1.58	$1.56	$1.49	$1.54	$0.89	$0.99	$0.83	$1.11	$0.30	$0.76	$1.22
EPS (diluted)	$2.15	$1.57	$1.55	$1.49	$1.54	$0.88	$0.98	$0.83	$1.10	$0.30	$0.75	$1.21
Diluted shares	-43.00K	32.93M	32.77M	32.67M	-76.00K	32.34M	31.88M	31.45M	-195.00K	30.98M	31.13M	31.11M
Gross margin	44.4%	46.0%	43.8%	42.9%	46.0%	46.1%	44.9%	41.6%	47.0%	40.5%	42.4%	41.0%
Operating margin	25.5%	22.4%	20.6%	18.3%	21.6%	15.1%	14.9%	11.7%	15.2%	4.0%	9.4%	11.5%
Net margin	22.9%	20.4%	19.8%	18.9%	19.8%	14.8%	16.1%	12.2%	14.4%	4.6%	10.8%	15.9%

Balance sheet

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Cash & equivalents	$167.30M	$133.96M	$145.17M	$120.07M	$123.51M	$183.96M	$173.65M	$187.50M	$145.45M	$150.83M	$155.00M	$190.77M
Short-term investments	$338.85M	$396.23M	$403.14M	$459.34M	$447.83M	$403.10M	$376.19M	$262.06M	$228.80M	$215.77M	$247.22M	$281.59M
Receivables	$217.96M	$208.54M	$188.08M	$183.54M	$203.15M	$164.95M	$138.84M	$147.64M	$168.48M	$161.81M	$154.15M	$154.71M
Inventory	$306.48M	$312.17M	$283.09M	$290.95M	$282.23M	$295.85M	$310.77M	$324.34M	$329.01M	$326.05M	$338.17M	$376.34M
Total current assets	$1.08B	$1.11B	$1.08B	$1.12B	$1.12B	$1.11B	$1.06B	$984.03M	$943.20M	$935.68M	$979.77M	$1.10B
Total assets	$1.28B	$1.31B	$1.29B	$1.34B	$1.35B	$1.34B	$1.32B	$1.35B	$1.36B	$1.37B	$1.39B	$1.48B
Total current liabilities	$285.13M	$276.57M	$244.18M	$252.26M	$207.52M	$200.37M	$177.11M	$198.99M	$197.66M	$203.91M	$200.10M	$248.40M
Total liabilities	$417.08M	$404.88M	$353.46M	$362.53M	$335.99M	$313.38M	$301.10M	$331.80M	$326.67M	$329.90M	$321.02M	$364.28M
Shareholders' equity	$864.88M	$901.74M	$934.95M	$975.59M	$1.01B	$1.03B	$1.02B	$1.02B	$1.03B	$1.04B	$1.07B	$1.11B

Cash flow

quarters · USD

Quarter ended	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Operating cash flow	$65.58M	$42.22M	$40.07M	$45.75M	$12.78M	$39.80M	$39.73M	$45.35M	-$6.57M	$18.14M	$18.37M	$40.22M
Capital expenditures	$10.15M	$1.62M	$2.00M	$3.90M	$4.66M	$4.96M	$1.99M	$2.02M	$2.33M	$1.84M	$3.55M	$2.50M
Free cash flow	$55.42M	$40.60M	$38.06M	$41.85M	$8.12M	$34.84M	$37.74M	$43.34M	-$8.90M	$16.30M	$14.82M	$37.72M
Investing cash flow	-$26.68M	-$55.69M	-$5.60M	-$56.55M	$9.12M	$40.47M	-$4.61M	$1.38M	-$7.31M	-$10.64M	-$6.10M	-$6.15M
Financing cash flow	-$15.02M	-$18.05M	-$22.60M	-$15.99M	-$14.54M	-$20.11M	-$46.99M	-$32.77M	-$24.62M	-$1.40M	-$7.85M	-$557.00K
Share buybacks	$15.00M	$15.00M	$15.00M	$15.36M	$15.13M	$18.18M	$45.34M	$32.34M	$25.23M	—	—	$0
Stock-based compensation	$5.24M	$4.69M	$5.47M	$5.41M	$5.38M	$4.90M	$5.42M	$5.34M	$5.11M	$4.90M	$6.42M	$6.47M
Depreciation & amortization	$3.58M	$3.77M	$3.86M	$3.91M	$4.27M	$4.31M	$4.50M	$4.30M	$4.46M	$4.44M	$4.40M	$4.50M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.