AXCELIS TECHNOLOGIES INCACLSEarnings & Financial Report
Axcelis Technologies, Inc. is an American company engaging in the design, manufacture, and servicing of capital equipment for the semiconductor manufacturing industry worldwide. It produces ion implantation systems, including high and medium current implanters, and high energy implanters, and curing systems used in the fabrication of semiconductor chips. The company was incorporated in 1995 and is headquartered in Beverly, Massachusetts, United States.
Revenue
$252.4M
Gross Profit
$116.1M
Operating Profit
$56.5M
Net Profit
$51.6M
Gross Margin
46.0%
Operating Margin
22.4%
Net Margin
20.4%
YoY Growth
-0.6%
EPS
$1.57
Financial Flow
AXCELIS TECHNOLOGIES INC Q1 2024 Financial Summary
AXCELIS TECHNOLOGIES INC reported revenue of $252.4M (down 0.6% YoY) for Q1 2024, with a net profit of $51.6M (up 8.2% YoY) (20.4% margin). Cost of goods sold was $136.3M, operating expenses totaled $59.5M.
Key Financial Metrics
| Total Revenue | $252.4M |
|---|---|
| Net Profit | $51.6M |
| Gross Margin | 46.0% |
| Operating Margin | 22.4% |
| Report Period | Q1 2024 |
Revenue Breakdown
AXCELIS TECHNOLOGIES INC Q1 2024 revenue of $252.4M breaks down across 2 segments, led by Products at $243.4M (96.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $243.4M | 96.5% |
| Services | $9.0M | 3.5% |
AXCELIS TECHNOLOGIES INC Revenue by Segment — Quarterly Trend
AXCELIS TECHNOLOGIES INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Services) has evolved quarter over quarter.
| Segment | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Products | $224.6M | $201.2M | $183.4M | $182.8M |
| Services | $13.7M | $12.4M | $11.1M | $9.7M |
AXCELIS TECHNOLOGIES INC Annual Revenue by Year
AXCELIS TECHNOLOGIES INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $839.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $839.0M |
| 2024 | $1.0B |
| 2023 | $1.1B |
| 2022 | $920.0M |
AXCELIS TECHNOLOGIES INC Quarterly Revenue & Net Profit History
AXCELIS TECHNOLOGIES INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $238.3M | -5.6% | $34.3M | 14.4% |
| Q3 2025 | $213.6M | -16.7% | $26.0M | 12.2% |
| Q2 2025 | $194.5M | -24.2% | $31.4M | 16.1% |
| Q1 2025 | $192.6M | -23.7% | $28.6M | 14.8% |
| Q4 2024 | $252.4M | -18.7% | $50.0M | 19.8% |
| Q3 2024 | $256.6M | -12.2% | $48.6M | 18.9% |
| Q2 2024 | $256.5M | -6.4% | $50.9M | 19.8% |
| Q1 2024 | $252.4M | -0.6% | $51.6M | 20.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $252.4M | $256.5M | $256.6M | $252.4M | $192.6M | $194.5M | $213.6M | $238.3M |
| YoY Growth | -0.6% | -6.4% | -12.2% | -18.7% | -23.7% | -24.2% | -16.7% | -5.6% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.31B | $1.29B | $1.34B | $1.35B | $1.34B | $1.32B | $1.35B | $1.36B |
| Liabilities | $404.9M | $353.5M | $362.5M | $336.0M | $313.4M | $301.1M | $331.8M | $326.7M |
| Equity | $901.7M | $934.9M | $975.6M | $1.01B | $1.03B | $1.02B | $1.02B | $1.03B |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $42.2M | $40.1M | $45.7M | $12.8M | $39.8M | $39.7M | $45.4M | $-6.6M |