The financials
Axcelis Technologies, Inc. by the numbers
Axcelis Technologies, Inc. (ACLS) reported revenue of $199M in Q1 2026 (quarter ended Mar 31, 2026), up 3.3% from the same quarter a year earlier. That came with a gross margin of 41% and net income of $9.2M (4.6% of revenue). For the full year FY2025, revenue was $839M (−18% year on year) and net income $120M. Its largest product in Jun 2026 was New Systems at $132M, 58% of the disclosed total, well ahead of After Market at 36%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $199M | $193M | +3.3% |
| Gross profit | $81M | $89M | −9.2% |
| Operating income | $8.0M | $29M | −73% |
| Net income | $9.2M | $29M | −68% |
| Diluted EPS | $0.30 | $0.88 | −66% |
| Product | Revenue | Share |
|---|---|---|
| New Systems | $132M | 58% |
| After Market | $83M | 36% |
| Services | $15M | 6.4% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $229.9M (+9.5%)
After Market grew +35% year on yearNew Systems -0.69% year on year
Segment Latestquarter on quarteryear on year
- New Systems$132.4M$132.4MQoQ +4.8%year on year -0.69%+4.8%-0.69%
- After Market$82.8M$82.8MQoQ +14%year on year +35%+14%+35%
- Services$14.7M$14.7MQoQ +34%year on year +32%+34%+32%
Semiconductor Equipment & Materials
Ranks #15 of 18 by Smart Score