Axcelis Technologies Inc (ACLS) Financial Statements
Industry: Special Industry Machinery (Other)
In fiscal 2025, Axcelis Technologies reported revenue of $839.0M, down 17.6% from $1.02B the year before. Net income was $120.2M (a 14.3% net margin), or $3.80 per diluted share. Gross margin was 44.9% and operating margin was 14.2%. Operating activities generated $118.3M of cash, leaving $107.0M of free cash flow. At fiscal year end, Axcelis Technologies held $1.36B in total assets against $326.7M in total liabilities, including $145.5M of cash and equivalents.
Open the full interactive Axcelis Technologies financials → Quarterly statements, key ratios, valuation history and price charts.
Axcelis Technologies Key Stats
| Share Price | $124.88 |
|---|---|
| Market Cap | $3.89B |
| P/E Ratio | 32.9 |
| Revenue YoY Growth | -17.6% |
| 52-Week Range | $74.12 – $191.60 |
| Shares Outstanding | 30.8 million (basic, 2026 Q2) |
Axcelis Technologies Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $474.6M | $662.4M | $920.0M | $1.13B | $1.02B | $839.0M |
| Cost of Goods Sold | $276.0M | $376.0M | $518.2M | $639.3M | $563.2M | $462.2M |
| Gross Profit | $198.6M | $286.4M | $401.8M | $491.3M | $454.7M | $376.8M |
| Operating Income | $58.0M | $127.3M | $212.4M | $265.8M | $210.8M | $119.3M |
| Pre-Tax Income | $55.9M | $120.4M | $204.9M | $278.6M | $230.3M | $138.2M |
| Income Tax | $5.9M | $21.8M | $21.8M | $32.3M | $29.3M | $18.0M |
| Net Income | $50.0M | $98.7M | $183.1M | $246.3M | $201.0M | $120.2M |
| Diluted EPS | $1.46 | $2.88 | $5.46 | $7.43 | $6.15 | $3.80 |
Axcelis Technologies Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $213.6M | $238.3M | $199.0M | $215.2M |
| Net Income | $26.0M | $34.3M | $9.2M | $23.3M |
| Diluted EPS | $0.83 | $1.08 | $0.30 | $0.75 |
Axcelis Technologies Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $203.5M | $294.9M | $185.6M | $167.3M | $123.5M | $145.5M |
| Current Assets | $470.8M | $619.2M | $877.6M | $1.08B | $1.12B | $943.2M |
| Total Assets | $624.6M | $753.2M | $1.01B | $1.28B | $1.35B | $1.36B |
| Current Liabilities | $84.4M | $150.1M | $248.1M | $285.1M | $207.5M | $197.7M |
| Total Liabilities | $143.0M | $214.3M | $346.4M | $417.1M | $336.0M | $326.7M |
| Shareholders' Equity | $481.6M | $539.0M | $667.3M | $864.9M | $1.01B | $1.03B |
Axcelis Technologies Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $69.7M | $150.2M | $215.6M | $156.9M | $140.8M | $118.3M |
| Cash From Investing | -$7.3M | -$8.7M | -$257.3M | -$100.9M | -$108.7M | $29.9M |
| Cash From Financing | -$2.4M | -$52.5M | -$65.5M | -$68.3M | -$71.2M | -$124.5M |
| Free Cash Flow | $62.3M | $141.5M | $204.9M | $136.2M | $128.6M | $107.0M |
Figures from Axcelis Technologies' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Axcelis Technologies financials page for every line item.
Axcelis Technologies Company Profile
| Ticker | ACLS |
|---|---|
| Exchange | Nasdaq |
| Industry | Special Industry Machinery (Other) |
| Headquarters | Beverly, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001113232 |
Frequently Asked Questions
What was Axcelis Technologies' revenue in fiscal 2025?
Axcelis Technologies (ACLS) reported revenue of $839.0M for fiscal 2025.
What is Axcelis Technologies' annual revenue history?
Axcelis Technologies' annual revenue by fiscal year: 2020: $474.6M; 2021: $662.4M; 2022: $920.0M; 2023: $1.13B; 2024: $1.02B; 2025: $839.0M.
What was Axcelis Technologies' net income in fiscal 2025?
Axcelis Technologies reported net income of $120.2M for fiscal 2025.
What was Axcelis Technologies' earnings per share (EPS) in fiscal 2025?
Axcelis Technologies' diluted EPS was $3.80 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Axcelis Technologies generate in fiscal 2025?
Axcelis Technologies generated $107.0M of free cash flow in fiscal 2025.
What was Axcelis Technologies' revenue last quarter?
In its most recent reported quarter (2026 Q2), Axcelis Technologies reported revenue of $215.2M.
How many shares of Axcelis Technologies are outstanding?
Axcelis Technologies reported a weighted average of 30.8 million basic shares outstanding in 2026 Q2.
What is Axcelis Technologies' market cap?
Based on its latest closing price, Axcelis Technologies (ACLS) has a market capitalization of about $3.89B.
When does Axcelis Technologies' fiscal year end?
Axcelis Technologies' fiscal year end, as registered with the SEC, is December 31.
Where is Axcelis Technologies headquartered?
Axcelis Technologies lists its business address in Beverly, Massachusetts in its SEC filings.