The financials
Axcelis Technologies, Inc. by the numbers
Axcelis Technologies, Inc. (ACLS) reported revenue of $199M in Q1 2026 (quarter ended March 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 2026-Q1 was New Systems at $126M, 60% of the disclosed total, just ahead of After Market at 35%.
| 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 | $126M | 60% |
| After Market | $73M | 35% |
| Services | $11M | 5.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q1 2026Total $209.9M (-7.1%)
After Market grew +32% year on yearNew Systems -8.2% year on year
Segment Latestquarter on quarteryear on year
- New Systems$126.3M$126.3MQoQ -12%year on year -8.2%-12%-8.2%
- After Market$72.6M$72.6MQoQ +3.8%year on year +32%+3.8%+32%
- Services$10.9M$10.9MQoQ -12%year on year +12%-12%+12%
Semiconductor Equipment & Materials
Ranks #16 of 22 by Smart Score