What is ACLS revenue?

Axcelis Technologies Inc. (ACLS) reported $890.24M of revenue for the twelve months ended Sep 30, 2026. That is up 4.3% from the year before. Revenue for fiscal 2025 was $839.05M.

Yes. Axcelis Technologies Inc. earned $104.56M in net income for the twelve months ended Sep 30, 2026, a net margin of 11.7%.

How much cash and debt does ACLS have?

Axcelis Technologies Inc. reported $190.77M in cash and cash equivalents on its most recent balance sheet in SEC filings.

How fast is ACLS revenue growing?

Axcelis Technologies Inc.'s revenue changed -17.6% in fiscal 2025, to $839.05M. Its compound annual growth rate was +12.1% over 5 years and +12.1% over 10 years.

What is ACLS gross margin?

Axcelis Technologies Inc.'s gross profit was $381.13M on $890.24M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 42.8%.

What is ACLS free cash flow?

Axcelis Technologies Inc. generated $59.93M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $70.17M less capital expenditures.

What is ACLS earnings per share?

Diluted earnings per share were $3.37 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did ACLS last report financial results?

The latest statements here come from Axcelis Technologies Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.

Financials · ACLS

Axcelis Technologies Inc. (ACLS) financials

For the twelve months ended Sep 30, 2026, Axcelis Technologies Inc. reported $890.24M of revenue and $104.56M of net income.

Revenue, TTM: $890.24M
Revenue growth, YoY: +4.3%
Net income, TTM: $104.56M
Net income growth, YoY: -23.1%
Net margin: 11.7%
Free cash flow, TTM: $59.93M
EPS, diluted, TTM: $3.37
EPS growth, YoY: -20.3%
Cash: $190.77M
P/E: 31.79
P/S: 3.73
Market cap: $3.32B

Annual revenue$839.05M

FY2016FY2025

Annual net income$120.24M

FY2016FY2025

Annual free cash flow$107.01M

FY2016FY2025

ACLS revenue and earnings growth

ACLS revenueQ3 2026$237.78M

Quarter YoY: +11.3%
QoQ: +10.5%
FY YoY: -17.6%
5Y CAGR: +12.1%
10Y CAGR: +12.1%

ACLS revenue was $237.78M in fiscal Q3 2026 (ended Sep 30, 2026), up 11.3% from a year earlier and up 10.5% from the prior quarter. For the full fiscal 2025 it was $839.05M, down 17.6% from fiscal 2024. Compound annual growth was +12.1% over 5 years and +12.1% over 10 years. It rose in 6 of the last 10 fiscal years.

ACLS net incomeQ3 2026$37.76M

Quarter YoY: +45.3%
QoQ: +62.1%
FY YoY: -40.2%
5Y CAGR: +19.2%
10Y CAGR: +23.4%

ACLS net income was $37.76M in fiscal Q3 2026 (ended Sep 30, 2026), up 45.3% from a year earlier and up 62.1% from the prior quarter. For the full fiscal 2025 it was $120.24M, down 40.2% from fiscal 2024. Compound annual growth was +19.2% over 5 years and +23.4% over 10 years. It rose in 5 of the last 10 fiscal years.

ACLS EPSQ3 2026$1.21

Quarter YoY: +45.8%
QoQ: +61.3%
FY YoY: -38.2%
5Y CAGR: +21.1%
10Y CAGR: +22.7%

ACLS diluted EPS was $1.21 in fiscal Q3 2026 (ended Sep 30, 2026), up 45.8% from a year earlier and up 61.3% from the prior quarter. For the full fiscal 2025 it was $3.80, down 38.2% from fiscal 2024. Compound annual growth was +21.1% over 5 years and +22.7% over 10 years.

ACLS free cash flowQ3 2026$37.72M

Quarter YoY: -13.0%
QoQ: +154.5%
FY YoY: -16.8%
5Y CAGR: +11.4%
10Y CAGR: +20.6%

ACLS free cash flow was $37.72M in fiscal Q3 2026 (ended Sep 30, 2026), down 13.0% from a year earlier and up 154.5% from the prior quarter. For the full fiscal 2025 it was $107.01M, down 16.8% from fiscal 2024. Compound annual growth was +11.4% over 5 years and +20.6% over 10 years. It rose in 2 of the last 5 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$839.05M	$1.02B	$1.13B	$920.00M	$662.43M	$474.56M	$342.96M	$442.57M	$410.56M	$266.98M
Cost of revenue	$462.20M	$563.21M	$639.30M	$518.21M	$375.98M	$275.98M	$198.81M	$262.94M	$260.31M	$167.38M
Gross profit	$376.85M	$454.65M	$491.30M	$401.79M	$286.44M	$198.58M	$144.15M	$179.64M	$150.25M	$99.60M
Research and development	$108.96M	$105.50M	$96.91M	$78.36M	$65.43M	$61.83M	$53.93M	$51.88M	$43.07M	$34.40M
Selling, general and admin	$83.21M	$70.32M	$65.79M	$57.47M	$46.14M	$39.96M	$31.73M	$33.19M	$30.80M	$24.45M
Operating income	$119.31M	$210.79M	$265.80M	$212.36M	$127.33M	$58.04M	$24.20M	$59.96M	$47.84M	$16.62M
Interest expense	$5.36M	$5.46M	$5.35M	$5.58M	$4.83M	$5.21M	$5.16M	$5.11M	$5.12M	$5.07M
Pre-tax income	$138.25M	$230.27M	$278.60M	$204.88M	$120.43M	$55.89M	$20.92M	$54.70M	$43.83M	$11.02M
Income tax	$18.01M	$29.28M	$32.34M	$21.81M	$21.78M	$5.90M	$3.89M	$8.82M	-$83.13M	$23.0K
Net income	$120.24M	$200.99M	$246.26M	$183.08M	$98.65M	$49.98M	$17.03M	$45.88M	$126.96M	$11.00M
EPS, basic	$3.81	$6.17	$7.52	$5.54	$2.94	$1.50	$0.52	$1.42	$4.11	$0.38
EPS, diluted	$3.80	$6.15	$7.43	$5.46	$2.88	$1.46	$0.50	$1.35	$3.80	$0.36
Diluted shares	31.7M	32.7M	33.2M	33.5M	34.3M	34.1M	33.8M	34.0M	33.4M	30.9M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$145.45M	$131.06M	$173.95M	$186.35M	$295.68M	$204.23M	$146.53M	$184.90M	$140.88M	$77.66M
Short-term investments	$228.80M	$447.83M	$338.85M	$246.57M	-	-	-	-	-	-
Receivables	$168.48M	$203.15M	$217.96M	$169.77M	$104.41M	$86.86M	$83.75M	$78.73M	$75.30M	$50.57M
Inventory	$329.01M	$282.23M	$306.48M	$242.41M	$194.98M	$161.08M	$140.36M	$129.00M	$120.54M	$113.85M
Current assets	$943.20M	$1.12B	$1.08B	$877.64M	$619.25M	$470.79M	$375.68M	$396.77M	$339.77M	$240.73M
Total assets	$1.36B	$1.35B	$1.28B	$1.01B	$753.24M	$624.62M	$548.09M	$548.44M	$488.22M	$302.23M
Current liabilities	$197.66M	$207.52M	$285.13M	$248.13M	$150.14M	$84.43M	$68.66M	$85.00M	$79.29M	$47.73M
Total liabilities	$326.67M	$335.99M	$417.08M	$346.38M	$214.28M	$143.02M	$128.67M	$140.10M	$134.61M	$100.78M
Shareholders' equity	$1.03B	$1.01B	$864.88M	$667.26M	$538.96M	$481.60M	$419.43M	$408.34M	$353.61M	$201.46M

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$118.31M	$140.82M	$156.87M	$215.61M	$150.19M	$69.70M	-$13.59M	$46.97M	$56.28M	-$8.79M
Capital expenditures	$11.29M	$12.18M	$20.66M	$10.68M	$8.72M	$7.43M	$11.97M	$4.71M	$7.29M	$2.51M
Free cash flow	$107.01M	$128.64M	$136.21M	$204.92M	$141.47M	$62.27M	-$25.56M	$42.25M	$49.00M	-$11.29M
Investing cash flow	$29.93M	-$108.73M	-$100.86M	-$257.25M	-$8.72M	-$7.27M	-$11.97M	-$4.71M	-$7.29M	-$2.24M
Financing cash flow	-$124.49M	-$71.19M	-$68.27M	-$65.48M	-$52.45M	-$2.39M	-$13.41M	$1.19M	$15.07M	$2.35M
Share repurchases	$121.08M	$60.49M	$52.50M	$57.49M	$49.99M	$7.50M	$17.74M	-	-	-
Stock-based compensation	$20.77M	$20.95M	$18.27M	$13.44M	$12.07M	$10.48M	$8.17M	$7.78M	$5.67M	$5.18M
Depreciation and amortization	$17.61M	$15.81M	$13.07M	$11.61M	$10.82M	$9.94M	$7.88M	$5.77M	$5.00M	$4.26M

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-17.6%	-10.0%	22.9%	38.9%	39.6%	38.4%	-22.5%	7.8%	53.8%	0.0%
Net income growth, YoY	-40.2%	-18.4%	34.5%	85.6%	97.4%	193.4%	-62.9%	-63.9%	1054.1%	-25.1%
EPS growth, YoY	-38.2%	-17.2%	36.1%	89.6%	97.3%	192.0%	-63.0%	-64.5%	955.6%	-26.5%
Gross margin	44.9%	44.7%	43.5%	43.7%	43.2%	41.8%	42.0%	40.6%	36.6%	37.3%
Operating margin	14.2%	20.7%	23.5%	23.1%	19.2%	12.2%	7.1%	13.5%	11.7%	6.2%
Net margin	14.3%	19.7%	21.8%	19.9%	14.9%	10.5%	5.0%	10.4%	30.9%	4.1%
Free cash flow margin	12.8%	12.6%	12.0%	22.3%	21.4%	13.1%	-7.5%	9.5%	11.9%	-4.2%
Return on equity	11.6%	19.8%	28.5%	27.4%	18.3%	10.4%	4.1%	11.2%	35.9%	5.5%
Return on assets	8.8%	14.9%	19.2%	18.1%	13.1%	8.0%	3.1%	8.4%	26.0%	3.6%
Current ratio	4.77	5.41	3.79	3.54	4.12	5.58	5.47	4.67	4.29	5.04

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$237.78M	$215.18M	$198.96M	$238.33M	$213.61M	$194.54M	$192.56M	$252.42M	$256.56M	$256.51M	$252.37M	$310.29M
Cost of revenue	$140.36M	$123.99M	$118.38M	$126.40M	$124.81M	$107.20M	$103.80M	$136.19M	$146.59M	$144.10M	$136.32M	$172.39M
Gross profit	$97.42M	$91.19M	$80.58M	$111.93M	$88.81M	$87.34M	$88.77M	$116.22M	$109.97M	$112.41M	$116.05M	$137.90M
Research and development	$30.18M	$28.98M	$28.52M	$30.13M	$24.64M	$27.06M	$27.13M	$27.65M	$26.39M	$25.79M	$25.66M	$24.91M
Selling, general and admin	$23.07M	$22.38M	$26.76M	$26.23M	$23.31M	$16.31M	$17.36M	$17.48M	$19.85M	$16.58M	$16.41M	$17.27M
Operating income	$27.34M	$20.28M	$7.95M	$36.17M	$25.02M	$28.96M	$29.16M	$54.53M	$46.91M	$52.81M	$56.54M	$79.05M
Interest expense	$1.96M	$1.26M	$1.29M	$1.34M	$1.30M	$1.35M	$1.37M	$1.45M	$1.33M	$1.34M	$1.35M	$1.32M
Pre-tax income	$36.01M	$25.35M	$10.63M	$40.02M	$30.15M	$35.00M	$33.08M	$58.65M	$55.37M	$57.27M	$59.00M	$87.41M
Income tax	-$1.75M	$2.06M	$1.41M	$5.72M	$4.16M	$3.62M	$4.50M	$8.69M	$6.79M	$6.40M	$7.40M	$16.35M
Net income	$37.76M	$23.29M	$9.21M	$34.30M	$25.99M	$31.38M	$28.58M	$49.96M	$48.58M	$50.87M	$51.59M	$71.06M
EPS, basic	$1.22	$0.76	$0.30	$1.10	$0.83	$0.99	$0.89	$1.54	$1.49	$1.56	$1.58	$2.17
EPS, diluted	$1.21	$0.75	$0.30	$1.11	$0.83	$0.98	$0.88	$1.54	$1.49	$1.55	$1.57	$2.15
Diluted shares	31.1M	31.1M	31.0M	-	31.4M	31.9M	32.3M	-	32.7M	32.8M	32.9M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$190.77M	$155.00M	$150.83M	$145.45M	$195.13M	$181.28M	$191.51M	$131.06M	$126.72M	$151.82M	$140.62M	$173.95M
Short-term investments	$281.59M	$247.22M	$215.77M	$228.80M	$262.06M	$376.19M	$403.10M	$447.83M	$459.34M	$403.14M	$396.23M	$338.85M
Receivables	$154.71M	$154.15M	$161.81M	$168.48M	$147.64M	$138.84M	$164.95M	$203.15M	$183.54M	$188.08M	$208.54M	$217.96M
Inventory	$376.34M	$338.17M	$326.05M	$329.01M	$324.34M	$310.77M	$295.85M	$282.23M	$290.95M	$283.09M	$312.17M	$306.48M
Current assets	$1.10B	$979.77M	$935.68M	$943.20M	$984.03M	$1.06B	$1.11B	$1.12B	$1.12B	$1.08B	$1.11B	$1.08B
Total assets	$1.48B	$1.39B	$1.37B	$1.36B	$1.35B	$1.32B	$1.34B	$1.35B	$1.34B	$1.29B	$1.31B	$1.28B
Current liabilities	$248.40M	$200.10M	$203.91M	$197.66M	$198.99M	$177.11M	$200.37M	$207.52M	$252.26M	$244.18M	$276.57M	$285.13M
Total liabilities	$364.28M	$321.02M	$329.90M	$326.67M	$331.80M	$301.10M	$313.38M	$335.99M	$362.53M	$353.46M	$404.88M	$417.08M
Shareholders' equity	$1.11B	$1.07B	$1.04B	$1.03B	$1.02B	$1.02B	$1.03B	$1.01B	$975.59M	$934.95M	$901.74M	$864.88M

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$40.22M	$18.37M	$18.14M	-$6.57M	$45.35M	$39.73M	$39.80M	$12.78M	$45.75M	$40.07M	$42.22M	$65.58M
Capital expenditures	$2.50M	$3.55M	$1.84M	$2.33M	$2.02M	$1.99M	$4.96M	$4.66M	$3.90M	$2.00M	$1.62M	$10.15M
Free cash flow	$37.72M	$14.82M	$16.30M	-$8.90M	$43.34M	$37.74M	$34.84M	$8.12M	$41.85M	$38.06M	$40.60M	$55.42M
Investing cash flow	-$6.15M	-$6.10M	-$10.64M	-$7.31M	$1.38M	-$4.61M	$40.47M	$9.12M	-$56.55M	-$5.60M	-$55.69M	-$26.68M
Financing cash flow	-$557.0K	-$7.85M	-$1.40M	-$24.62M	-$32.77M	-$46.99M	-$20.11M	-$14.54M	-$15.99M	-$22.60M	-$18.05M	-$15.02M
Share repurchases	$0	-	-	$25.23M	$32.34M	$45.34M	$18.18M	$15.13M	$15.36M	$15.00M	$15.00M	$15.00M
Stock-based compensation	$6.47M	$6.42M	$4.90M	$5.11M	$5.34M	$5.42M	$4.90M	$5.38M	$5.41M	$5.47M	$4.69M	$5.24M
Depreciation and amortization	$4.50M	$4.40M	$4.44M	$4.46M	$4.30M	$4.50M	$4.31M	$4.27M	$3.90M	$3.90M	$3.77M	$3.58M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	11.3%	10.6%	3.3%	-5.6%	-16.7%	-24.2%	-23.7%	-18.7%	-12.2%	-6.4%	-0.6%	16.6%
Net income growth, YoY	45.3%	-25.8%	-67.8%	-31.3%	-46.5%	-38.3%	-44.6%	-29.7%	-26.3%	-17.4%	8.2%	24.7%
EPS growth, YoY	45.8%	-23.5%	-65.9%	-27.9%	-44.3%	-36.8%	-43.9%	-28.4%	-25.1%	-16.7%	9.8%	25.7%
Gross margin	41.0%	42.4%	40.5%	47.0%	41.6%	44.9%	46.1%	46.0%	42.9%	43.8%	46.0%	44.4%
Operating margin	11.5%	9.4%	4.0%	15.2%	11.7%	14.9%	15.1%	21.6%	18.3%	20.6%	22.4%	25.5%
Net margin	15.9%	10.8%	4.6%	14.4%	12.2%	16.1%	14.8%	19.8%	18.9%	19.8%	20.4%	22.9%
Free cash flow margin	15.9%	6.9%	8.2%	-3.7%	20.3%	19.4%	18.1%	3.2%	16.3%	14.8%	16.1%	17.9%
Current ratio	4.43	4.90	4.59	4.77	4.95	6.01	5.56	5.41	4.45	4.42	4.00	3.79

Source: XBRL data Axcelis Technologies Inc. files with the SEC, latest filing dated Nov 5, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-4, first reported Aug 8, 2016.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

ACLS peers

Company	Revenue	Growth	Net income	Net margin	Market cap
ACLS	$890.24M	+4.3%	$104.56M	11.7%	$3.32B
ASMLASML Holding N.V. New York Registry Shares	€32.67B	+15.6%	€9.61B	29.4%	$583.23B
LRCXLam Research Corporation	$26.13B	+33.4%	$8.45B	32.3%	$276.45B
TMOThermo Fisher Scientific Inc	$47.35B	+8.3%	$7.07B	14.9%	$267.38B
DEDeere & Company	$47.98B	+8.0%	$4.87B	10.2%	$186.39B
DHRDanaher Corporation	$25.61B	+5.5%	$4.33B	16.9%	$165.41B
ETNEaton Corporation PLC	$31.98B	+20.1%	$3.90B	12.2%	$139.59B
JCIJohnson Controls International plc	$24.43B	+5.1%	$3.53B	14.5%	$85.71B
ITWIllinois Tool Works Inc.	$16.65B	+4.8%	$3.23B	19.4%	$81.49B

ACLS FAQ

9 questions

What is ACLS revenue?
Axcelis Technologies Inc. (ACLS) reported $890.24M of revenue for the twelve months ended Sep 30, 2026. That is up 4.3% from the year before. Revenue for fiscal 2025 was $839.05M.
Is ACLS profitable?
Yes. Axcelis Technologies Inc. earned $104.56M in net income for the twelve months ended Sep 30, 2026, a net margin of 11.7%.
How much cash and debt does ACLS have?
Axcelis Technologies Inc. reported $190.77M in cash and cash equivalents on its most recent balance sheet in SEC filings.
How fast is ACLS revenue growing?
Axcelis Technologies Inc.'s revenue changed -17.6% in fiscal 2025, to $839.05M. Its compound annual growth rate was +12.1% over 5 years and +12.1% over 10 years.
What is ACLS gross margin?
Axcelis Technologies Inc.'s gross profit was $381.13M on $890.24M of revenue for the twelve months ended Sep 30, 2026, a gross margin of 42.8%.
What is ACLS free cash flow?
Axcelis Technologies Inc. generated $59.93M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $70.17M less capital expenditures.
What is ACLS earnings per share?
Diluted earnings per share were $3.37 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did ACLS last report financial results?
The latest statements here come from Axcelis Technologies Inc.'s 10-Q filed on Nov 5, 2026, covering the period ended Sep 30, 2026.
Where does this ACLS financial data come from?
Quantisnow builds these statements from the structured XBRL data Axcelis Technologies Inc. files with the SEC. It is provided for information only and is not investment advice.