AXCELIS TECHNOLOGIES INC
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $839.0M | $1.0B | $1.1B | $920.0M | $662.4M |
| Cost of revenue | $462.2M | $563.2M | $639.3M | $518.2M | $376.0M |
| Gross profit | $376.8M | $454.7M | $491.3M | $401.8M | $286.4M |
| Research and development | $109.0M | $105.5M | $96.9M | $78.4M | $65.4M |
| Operating expenses | $257.5M | $243.9M | $225.5M | $189.4M | $159.1M |
| Operating income | $119.3M | $210.8M | $265.8M | $212.4M | $127.3M |
| Interest expense | $5.4M | $5.5M | $5.3M | $5.6M | $4.8M |
| Pretax income | $138.2M | $230.3M | $278.6M | $204.9M | $120.4M |
| Income tax expense | $18.0M | $29.3M | $32.3M | $21.8M | $21.8M |
| Net income | $120.2M | $201.0M | $246.3M | $183.1M | $98.7M |
| Balance Sheet | |||||
| Cash and equivalents | $145.5M | $123.5M | $167.3M | $185.6M | $294.9M |
| Current assets | $943.2M | $1.1B | $1.1B | $877.6M | $619.2M |
| Total assets | $1.4B | $1.3B | $1.3B | $1.0B | $753.2M |
| Current liabilities | $197.7M | $207.5M | $285.1M | $248.1M | $150.1M |
| Total liabilities | $326.7M | $336.0M | $417.1M | $346.4M | $214.3M |
| Stockholders' equity | $1.0B | $1.0B | $864.9M | $667.3M | $539.0M |
| Cash Flow Statement | |||||
| Cash from operations | $118.3M | $140.8M | $156.9M | $215.6M | $150.2M |
| Depreciation and amortization | $17.6M | $15.8M | $13.1M | $11.6M | $10.8M |
| Stock-based compensation | $20.8M | $21.0M | $18.3M | $13.4M | $12.1M |
| Capital expenditure | $11.3M | $12.2M | $20.7M | $10.7M | $8.7M |
| Free cash flow | $107.0M | $128.6M | $136.2M | $204.9M | $141.5M |
| Share repurchases | $121.1M | $60.5M | $52.5M | $57.5M | $50.0M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 30.7M · Free float 80.5%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.