Axcelis Technologies Financial Statements
NASDAQ: ACLSTechnologyIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Axcelis Technologies revenue and earnings
In fiscal 2025, Axcelis Technologies generated $839.0 million in revenue, down 17.6% from fiscal 2024, its first annual decline since 2024. Net income was $120.2 million (-40.2% year over year), for a net margin of 14.3% versus a median of 19.7% in the prior 5 years. Gross margin was 44.9% (up from 44.7%) and operating margin 14.2%.
Diluted earnings per share came in at $3.80, down from $6.15. Over the last 5 fiscal years, ACLS's revenue has grown at a 12.1% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Axcelis Technologies income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 839.05M | 1.02B | 1.13B | 920.00M | 662.43M | 474.56M | 342.96M | 442.57M | 410.56M | 266.98M |
| Revenue growth (YoY) | -17.57% | -9.97% | +22.89% | +38.88% | +39.59% | +38.37% | -22.51% | +7.80% | +53.78% | 0.00% |
| 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 |
| Operating Expenses | 257.53M | 243.86M | 225.51M | 189.43M | 159.12M | 140.54M | 119.95M | 119.68M | 102.41M | 82.97M |
| Research & Development | 108.96M | 105.50M | 96.91M | 78.36M | 65.43M | 61.83M | 53.93M | 51.88M | 43.07M | 34.40M |
| Selling, General & Admin | 148.57M | 138.36M | 128.60M | 111.07M | 93.69M | 78.71M | 66.02M | 67.80M | 59.33M | 48.29M |
| 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 |
| Other Income (Expense) | 18.93M | 19.48M | 12.80M | -7.48M | -6.90M | -2.15M | -3.28M | -5.25M | -4.01M | -5.60M |
| Pretax 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 | 23.00K |
| Net Income | 120.24M | 200.99M | 246.26M | 183.08M | 98.65M | 49.98M | 17.03M | 45.88M | 126.96M | 11.00M |
| Net Income growth (YoY) | -40.18% | -18.38% | +34.51% | +85.58% | +97.37% | +193.42% | -62.88% | -63.86% | +1054.07% | -25.05% |
| 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 |
| Shares Outstanding (Basic) | 31.57M | 32.55M | 32.76M | 33.04M | 33.55M | 33.26M | 32.56M | 32.29M | 30.87M | 29.20M |
| Shares Outstanding (Diluted) | 31.67M | 32.70M | 33.16M | 33.54M | 34.27M | 34.13M | 33.83M | 34.00M | 33.44M | 30.95M |
| EBITDA | 136.93M | 226.60M | 278.86M | 223.97M | 138.14M | 67.98M | 32.09M | 65.73M | 52.84M | 20.88M |
| Gross Margin | 44.91% | 44.67% | 43.45% | 43.67% | 43.24% | 41.85% | 42.03% | 40.59% | 36.60% | 37.31% |
| Operating Margin | 14.22% | 20.71% | 23.51% | 23.08% | 19.22% | 12.23% | 7.06% | 13.55% | 11.65% | 6.23% |
| Net Margin | 14.33% | 19.75% | 21.78% | 19.90% | 14.89% | 10.53% | 4.97% | 10.37% | 30.92% | 4.12% |
This table shows 10 annual periods of Axcelis Technologies's income statement, from FY 2025 back to FY 2016, across 20 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow ACLS's reporting calendar. What is a income statement?