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Side-by-side financial comparison of ASP Isotopes Inc. (ASPI) and AMTECH SYSTEMS INC (ASYS). Click either name above to swap in a different company.

AMTECH SYSTEMS INC is the larger business by last-quarter revenue ($19.0M vs $16.7M, roughly 1.1× ASP Isotopes Inc.). On growth, ASP Isotopes Inc. posted the faster year-over-year revenue change (1295.7% vs -22.2%). AMTECH SYSTEMS INC produced more free cash flow last quarter ($3.8M vs $-47.4M).

ASP Isotopes Inc. is a specialty materials firm focused on developing and producing high-purity custom isotopes. Its products serve key sectors including nuclear medicine, targeted cancer therapies, advanced energy, and industrial research, with customers across North America, Europe and Asia Pacific.

Amtech Systems Inc is a global manufacturer of advanced thermal processing and automation equipment primarily serving the semiconductor, solar photovoltaic, and LED production sectors. Its product portfolio includes soldering, diffusion, and deposition systems, with key markets spanning North America, East Asia, and Western Europe, catering to leading electronic component and clean energy manufacturing clients.

ASPI vs ASYS — Head-to-Head

Bigger by revenue
ASYS
ASYS
1.1× larger
ASYS
$19.0M
$16.7M
ASPI
Growing faster (revenue YoY)
ASPI
ASPI
+1317.9% gap
ASPI
1295.7%
-22.2%
ASYS
More free cash flow
ASYS
ASYS
$51.3M more FCF
ASYS
$3.8M
$-47.4M
ASPI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASPI
ASPI
ASYS
ASYS
Revenue
$16.7M
$19.0M
Net Profit
$108.0K
Gross Margin
12.5%
44.8%
Operating Margin
4.1%
Net Margin
0.6%
Revenue YoY
1295.7%
-22.2%
Net Profit YoY
-586.8%
-65.4%
EPS (diluted)
$0.01

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASPI
ASPI
ASYS
ASYS
Q4 25
$16.7M
$19.0M
Q3 25
$4.9M
$19.8M
Q2 25
$19.6M
Q1 25
$15.6M
Q4 24
$24.4M
Q3 24
$24.1M
Q2 24
$26.7M
Q1 24
$25.4M
Net Profit
ASPI
ASPI
ASYS
ASYS
Q4 25
$108.0K
Q3 25
$-12.9M
$1.1M
Q2 25
$106.0K
Q1 25
$-31.8M
Q4 24
$312.0K
Q3 24
$-536.0K
Q2 24
$438.0K
Q1 24
$970.0K
Gross Margin
ASPI
ASPI
ASYS
ASYS
Q4 25
12.5%
44.8%
Q3 25
8.7%
44.4%
Q2 25
46.7%
Q1 25
-2.1%
Q4 24
38.4%
Q3 24
40.7%
Q2 24
36.5%
Q1 24
33.2%
Operating Margin
ASPI
ASPI
ASYS
ASYS
Q4 25
4.1%
Q3 25
-306.1%
9.3%
Q2 25
4.7%
Q1 25
-202.7%
Q4 24
1.4%
Q3 24
0.1%
Q2 24
3.1%
Q1 24
5.4%
Net Margin
ASPI
ASPI
ASYS
ASYS
Q4 25
0.6%
Q3 25
-263.7%
5.4%
Q2 25
0.5%
Q1 25
-204.2%
Q4 24
1.3%
Q3 24
-2.2%
Q2 24
1.6%
Q1 24
3.8%
EPS (diluted)
ASPI
ASPI
ASYS
ASYS
Q4 25
$0.01
Q3 25
$-0.15
$0.08
Q2 25
$0.01
Q1 25
$-2.23
Q4 24
$0.02
Q3 24
$-0.04
Q2 24
$0.03
Q1 24
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASPI
ASPI
ASYS
ASYS
Cash + ST InvestmentsLiquidity on hand
$333.3M
$22.1M
Total DebtLower is stronger
$14.4M
$162.0K
Stockholders' EquityBook value
$204.2M
$54.1M
Total Assets
$498.0M
$94.1M
Debt / EquityLower = less leverage
0.07×
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASPI
ASPI
ASYS
ASYS
Q4 25
$333.3M
$22.1M
Q3 25
$113.9M
$17.9M
Q2 25
$15.6M
Q1 25
$13.4M
Q4 24
$13.2M
Q3 24
$11.1M
Q2 24
$13.2M
Q1 24
$13.0M
Total Debt
ASPI
ASPI
ASYS
ASYS
Q4 25
$14.4M
$162.0K
Q3 25
$13.9M
$168.0K
Q2 25
$127.0K
Q1 25
$135.0K
Q4 24
$161.0K
Q3 24
$189.0K
Q2 24
$177.0K
Q1 24
$65.0K
Stockholders' Equity
ASPI
ASPI
ASYS
ASYS
Q4 25
$204.2M
$54.1M
Q3 25
$74.1M
$53.4M
Q2 25
$51.7M
Q1 25
$51.0M
Q4 24
$82.4M
Q3 24
$82.4M
Q2 24
$81.7M
Q1 24
$80.9M
Total Assets
ASPI
ASPI
ASYS
ASYS
Q4 25
$498.0M
$94.1M
Q3 25
$225.9M
$92.9M
Q2 25
$89.5M
Q1 25
$83.4M
Q4 24
$117.8M
Q3 24
$119.3M
Q2 24
$127.1M
Q1 24
$116.5M
Debt / Equity
ASPI
ASPI
ASYS
ASYS
Q4 25
0.07×
0.00×
Q3 25
0.19×
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASPI
ASPI
ASYS
ASYS
Operating Cash FlowLast quarter
$-37.8M
$4.1M
Free Cash FlowOCF − Capex
$-47.4M
$3.8M
FCF MarginFCF / Revenue
-284.7%
20.2%
Capex IntensityCapex / Revenue
57.9%
1.5%
Cash ConversionOCF / Net Profit
37.99×
TTM Free Cash FlowTrailing 4 quarters
$8.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASPI
ASPI
ASYS
ASYS
Q4 25
$-37.8M
$4.1M
Q3 25
$-8.9M
$2.3M
Q2 25
$2.5M
Q1 25
$210.0K
Q4 24
$2.9M
Q3 24
$879.0K
Q2 24
$3.7M
Q1 24
$336.0K
Free Cash Flow
ASPI
ASPI
ASYS
ASYS
Q4 25
$-47.4M
$3.8M
Q3 25
$-12.0M
$2.0M
Q2 25
$2.0M
Q1 25
$201.0K
Q4 24
$2.7M
Q3 24
$447.0K
Q2 24
$322.0K
Q1 24
$-884.0K
FCF Margin
ASPI
ASPI
ASYS
ASYS
Q4 25
-284.7%
20.2%
Q3 25
-245.5%
10.2%
Q2 25
10.1%
Q1 25
1.3%
Q4 24
11.2%
Q3 24
1.9%
Q2 24
1.2%
Q1 24
-3.5%
Capex Intensity
ASPI
ASPI
ASYS
ASYS
Q4 25
57.9%
1.5%
Q3 25
64.4%
1.2%
Q2 25
2.8%
Q1 25
0.1%
Q4 24
0.6%
Q3 24
1.8%
Q2 24
12.5%
Q1 24
4.8%
Cash Conversion
ASPI
ASPI
ASYS
ASYS
Q4 25
37.99×
Q3 25
2.12×
Q2 25
23.89×
Q1 25
Q4 24
9.19×
Q3 24
Q2 24
8.35×
Q1 24
0.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASPI
ASPI

Segment breakdown not available.

ASYS
ASYS

Thermal Processing Solutions$14.0M74%
Semiconductor Fabrication Solutions$5.0M26%

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