Inferra AI / Company / ACLS
Axcelis Technologies Inc
ACLS · Industrials
Last earnings Aug 6, 2026
Key results
Revenuequarter
$199.0 million
Revenue of $199.0 million ·
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
GAAP gross marginquarter
40.5%
GAAP Gross Margin of 40.5%, and
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Non-GAAP gross marginquarter
40.7%
Non-GAAP Gross Margin of 40.7% ·
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
GAAP operating marginquarter
4.0%
GAAP Operating Margin of 4.0% and
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Non-GAAP operating marginquarter
11.7%
Non-GAAP Operating Margin of 11.7% ·
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
GAAP EPSquarter
$0.30
GAAP Diluted Earnings Per Share of $0.30, and
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Non-GAAP EPSquarter
$0.72
Non-GAAP Diluted Earnings Per Share of $0.72 BEVERLY, Mass.
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
revenues of approximately $205 million, GAAP earnings per diluted share of approximately $0.57, and non-GAAP
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
AI analysis
Q1 2026 · reported May 7, 2026
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
The quarter in charts
Guidance ladder — revenue
Delivered vs the company's guided range
EX-99 · May 7, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.
Headline figures
| Metric | Q1 2026 | Prior qtr | Year ago |
|---|---|---|---|
| Revenue | $199.0 million | — | — |
| GAAP gross margin | 40.5% | — | — |
| Non-GAAP gross margin | 40.7% | — | — |
| GAAP operating margin | 4.0% | — | — |
| Non-GAAP operating margin | 11.7% | — | — |
| GAAP EPS | $0.30 | — | — |
| Non-GAAP EPS | $0.72 | — | — |
Guidance · company-stated
“of approximately $0.90”
Guidance stated in the release's Business Outlook table for the second quarter; no direction stated — figures as stated in the table.
Margin
Capital allocation
For those lease agreements that do not indicate the applicable discount rate, we use our incremental borrowing rate.
We recorded $ 0.1 million of bad debt expense for the six-month period ended June 30, 2026.
What changed vs last quarter
- Guide midpoint vs latest-quarter revenue +3.0% computed from stated figures
Event summary
President and CEO Russell Low commented, “We executed well in the first quarter, delivering results slightly above expectations, reflecting the strength of our CS&I business and meaningful acceleration in Memory
Based on: Earnings release + parent 8-K + 10-Q — transcript not held
Guidance & outlook
revenues: “revenues of approximately $205 million”
non-GAAP earnings per share: “non-GAAP earnings per share of approximately $0.90”
revenues (“the second quarter”)
“revenues of approximately $205 million”
non-GAAP earnings per share (“the second quarter”)
“non-GAAP earnings per share of approximately $0.90”
Guidance stated in the release's Business Outlook table for the second quarter; no direction stated — figures as stated in the table.
Capital allocation
For those lease agreements that do not indicate the applicable discount rate, we use our incremental borrowing rate.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
We recorded $ 0.1 million of bad debt expense for the six-month period ended June 30, 2026.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
Share Repurchase In March 2025, our Board of Directors approved an additional funding of $ 100 million for our stock repurchase program.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
This approval brings the current outstanding repurchase authorization to $ 215 million, with $ 110 million available for future stock repurchases as of June 30, 2026.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
During the six months ended June 30, 2026, no shares of common stock were repurchased.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
The timing and actual number of any additional shares to be repurchased under this program will depend on various factors including price, corporate and regulatory requirements, alternative investment opportunities and other market conditions.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
Strategy & priorities
CS&I remains an area of focus for Axcelis and is becoming an increasingly important strategic driver of our business across cycles, particularly as our installed base expands.
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
” Senior Vice President and Interim CFO David Ryzhik stated, “We ended the first quarter with a strong balance sheet, including approximately $570 million of cash, and continued to generate attractive free cash flow, providing ample flexibility to fund our growth objectives and maintain a value-creative capital allocation strategy.
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Risks & headwinds
They are subject to various risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, many of which are outside the control of the Company, including that customer decisions to place orders or our product shipments may not occur when we expect, that orders may not be converted to revenue in any particular quarter, or at all, whether demand will continue for the semiconductor equipment we produce or, if not, whether we can successfully meet changing market requirements, and whether we will be able to maintain continuity of business relationships with and purchases by major customers.
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Increased competitive pressure on sales and pricing, increases in material and other production costs that cannot be recouped in product pricing and instability caused by changing global economic, political or financial conditions, including with respect to the imposition of tariffs on our products or components of our products, could also cause actual results to differ materially from those in our forward-looking statements.
SEC original ↗Axcelis Technologies Inc — Earnings release (8-K exhibit)EX-99May 7, 2026
Legal Proceedings 31 Item 1A.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
Contingencies (a) Litigation We are from time to time a party to litigation that arises in the normal course of our business operations.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
We are not presently a party to any litigation that we believe might have a material adverse effect on our business operations.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
Certain statements in Management s Discussion and Analysis of Financial Condition and Results of Operations are forward-looking statements that involve risks and uncertainties.
SEC original ↗Axcelis Technologies Inc — 10-Q Quarterly report10-QAug 6, 2026
Earnings deck slides
0 decks with slide viewAxcelis Technologies Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Axcelis Technologies Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Axcelis Technologies Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Axcelis Technologies Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Axcelis Technologies Inc — Presentation / slide deck (8-K exhibit) — Slide view unavailable — this deck was filed as a web document, whose text has no page boundaries.
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
36 documents- Q2 2026
- 8-KACLS
- 10-QACLS
- Q1 2026
- 10-QACLS
- 8-KACLS
- 8-KACLS
- Q4 2025
- 8-KACLS
Mar 12, 2026
- 10-KACLS
Feb 26, 2026
- 8-KACLS
Feb 17, 2026
- 8-KACLS
- 8-KACLS
- 8-KACLS
Jan 28, 2026
- Q3 2025
- 10-QACLS
- 8-KACLS
- 8-KACLS
- 8-KACLS
- EX-99ACLS
- EX-99ACLS
- EX-99ACLS
- EX-99ACLS
- EX-99ACLS
- Q2 2025
- 8-KACLS
- 10-QACLS
- Q1 2025
- 8-KACLS
- 8-KACLS
- 10-QACLS
- 8-KACLS
Apr 21, 2025
- Q4 2024
- 8-KACLS
Mar 12, 2025
- 10-KACLS
Feb 28, 2025
- 8-KACLS
Feb 10, 2025
- 8-KACLS
Jan 10, 2025
- Q3 2024
- 10-QACLS
- 8-KACLS
- EX-99ACLS
- Q2 2024
- 10-QACLS
- 8-KACLS
Jul 31, 2024
- 8-KACLS
Earnings releases
9 documentsPresentations
5 documents
Transcripts
0 documentsNo transcripts for Axcelis Technologies Inc are held in this edition of the library.
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