Stocks · Industrials · Special Industry Machinery, NEC

AXCELIS TECHNOLOGIES INC

ACLS Clue Score49
United States Fiscal year ends December CIK 0001113232
$134.71 +0.92% Close, 9 Oct 2026
Price $134.71 +177.41% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue267.0Operating income16.6Net income11.0EPS, diluted0.36Fiscal year 2017Revenue410.6 +53.8%Operating income47.8Net income127.0 +1,054.1%EPS, diluted3.80 +955.6%Fiscal year 2018Revenue442.6 +7.8%Operating income60.0Net income45.9 −63.9%EPS, diluted1.35 −64.5%Fiscal year 2019Revenue343.0 −22.5%Operating income24.2Net income17.0 −62.9%EPS, diluted0.50 −63.0%Fiscal year 2020Revenue474.6 +38.4%Operating income58.0Net income50.0 +193.4%EPS, diluted1.46 +192.0%Fiscal year 2021Revenue662.4 +39.6%Operating income127.3Net income98.7 +97.4%EPS, diluted2.88 +97.3%Fiscal year 2022Revenue920.0 +38.9%Operating income212.4Net income183.1 +85.6%EPS, diluted5.46 +89.6%Fiscal year 2023Revenue1,130.6 +22.9%Operating income265.8Net income246.3 +34.5%EPS, diluted7.43 +36.1%Fiscal year 2024Revenue1,017.9 −10.0%Operating income210.8Net income201.0 −18.4%EPS, diluted6.15 −17.2%Fiscal year 2025Revenue839.0 −17.6%Operating income119.3Net income120.2 −40.2%EPS, diluted3.80 −38.2%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 267.0 410.6 442.6 343.0 474.6 662.4 920.0 1,130.6 1,017.9 839.0
Growth +53.8% +7.8% −22.5% +38.4% +39.6% +38.9% +22.9% −10.0% −17.6%
Operating income 16.6 47.8 60.0 24.2 58.0 127.3 212.4 265.8 210.8 119.3
Net income 11.0 127.0 45.9 17.0 50.0 98.7 183.1 246.3 201.0 120.2
Growth +1,054.1% −63.9% −62.9% +193.4% +97.4% +85.6% +34.5% −18.4% −40.2%
EPS, diluted 0.36 3.80 1.35 0.50 1.46 2.88 5.46 7.43 6.15 3.80
Growth +955.6% −64.5% −63.0% +192.0% +97.3% +89.6% +36.1% −17.2% −38.2%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin37.3%Operating margin6.2%Net margin4.1%Free cash flow margin−4.2%Fiscal year 2017Gross margin36.6%Operating margin11.7%Net margin30.9%Free cash flow margin11.9%Fiscal year 2018Gross margin40.6%Operating margin13.5%Net margin10.4%Free cash flow margin9.5%Fiscal year 2019Gross margin42.0%Operating margin7.1%Net margin5.0%Free cash flow margin−7.5%Fiscal year 2020Gross margin41.8%Operating margin12.2%Net margin10.5%Free cash flow margin13.1%Fiscal year 2021Gross margin43.2%Operating margin19.2%Net margin14.9%Free cash flow margin21.4%Fiscal year 2022Gross margin43.7%Operating margin23.1%Net margin19.9%Free cash flow margin22.3%Fiscal year 2023Gross margin43.5%Operating margin23.5%Net margin21.8%Free cash flow margin12.0%Fiscal year 2024Gross margin44.7%Operating margin20.7%Net margin19.7%Free cash flow margin12.6%Fiscal year 2025Gross margin44.9%Operating margin14.2%Net margin14.3%Free cash flow margin12.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 37.3% 36.6% 40.6% 42.0% 41.8% 43.2% 43.7% 43.5% 44.7% 44.9%
Operating margin 6.2% 11.7% 13.5% 7.1% 12.2% 19.2% 23.1% 23.5% 20.7% 14.2%
Net margin 4.1% 30.9% 10.4% 5.0% 10.5% 14.9% 19.9% 21.8% 19.7% 14.3%
Free cash flow margin −4.2% 11.9% 9.5% −7.5% 13.1% 21.4% 22.3% 12.0% 12.6% 12.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−8.8Capital expenditure−2.5Free cash flow−11.3Fiscal year 2017Operating cash flow56.3Capital expenditure−7.3Free cash flow49.0Fiscal year 2018Operating cash flow47.0Capital expenditure−4.7Free cash flow42.3 −13.8%Fiscal year 2019Operating cash flow−13.6Capital expenditure−12.0Free cash flow−25.6 −160.5%Buybacks−17.7Fiscal year 2020Operating cash flow69.7Capital expenditure−7.4Free cash flow62.3Buybacks−7.5Fiscal year 2021Operating cash flow150.2Capital expenditure−8.7Free cash flow141.5 +127.2%Buybacks−50.0Fiscal year 2022Operating cash flow215.6Capital expenditure−10.7Free cash flow204.9 +44.9%Buybacks−57.5Fiscal year 2023Operating cash flow156.9Capital expenditure−20.7Free cash flow136.2 −33.5%Buybacks−52.5Fiscal year 2024Operating cash flow140.8Capital expenditure−12.2Free cash flow128.6 −5.6%Buybacks−60.5Fiscal year 2025Operating cash flow118.3Capital expenditure−11.3Free cash flow107.0 −16.8%Buybacks−121.1
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −8.8 56.3 47.0 −13.6 69.7 150.2 215.6 156.9 140.8 118.3
Capital expenditure −2.5 −7.3 −4.7 −12.0 −7.4 −8.7 −10.7 −20.7 −12.2 −11.3
Free cash flow −11.3 49.0 42.3 −25.6 62.3 141.5 204.9 136.2 128.6 107.0
Growth −13.8% −160.5% +127.2% +44.9% −33.5% −5.6% −16.8%
Buybacks n/a n/a n/a −17.7 −7.5 −50.0 −57.5 −52.5 −60.5 −121.1

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash70.8Shareholders’ equity201.5Fiscal year 2017Cash133.4Shareholders’ equity353.6Fiscal year 2018Cash178.0Shareholders’ equity408.3Fiscal year 2019Cash139.9Shareholders’ equity419.4Fiscal year 2020Cash203.5Shareholders’ equity481.6Fiscal year 2021Cash294.9Shareholders’ equity539.0Fiscal year 2022Cash185.6Shareholders’ equity667.3Fiscal year 2023Cash167.3Shareholders’ equity864.9Fiscal year 2024Cash123.5Shareholders’ equity1,012.8Fiscal year 2025Cash145.5Shareholders’ equity1,034.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 70.8 133.4 178.0 139.9 203.5 294.9 185.6 167.3 123.5 145.5
Shareholders’ equity 201.5 353.6 408.3 419.4 481.6 539.0 667.3 864.9 1,012.8 1,034.7

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
70.8 133.4 178.0 139.9 203.5 294.9 185.6 167.3 123.5 145.5
50.6 75.3 78.7 83.8 86.9 104.4 169.8 218.0 203.1 168.5
113.9 120.5 129.0 140.4 161.1 195.0 242.4 306.5 282.2 329.0
30.8 36.2 41.1 25.3 29.8 35.0 39.7 54.0 53.8 56.1
302.2 488.2 548.4 548.1 624.6 753.2 1,013.6 1,282.0 1,348.8 1,361.4
Growth +61.5% +12.3% −0.1% +14.0% +20.6% +34.6% +26.5% +5.2% +0.9%
Liabilities
100.8 134.6 140.1 128.7 143.0 214.3 346.4 417.1 336.0 326.7
Equity
−331.7 −204.7 −157.3 −140.2 −92.0 −22.7 118.9 319.5 470.3 503.5
201.5 353.6 408.3 419.4 481.6 539.0 667.3 864.9 1,012.8 1,034.7
Growth +75.5% +15.5% +2.7% +14.8% +11.9% +23.8% +29.6% +17.1% +2.2%
Per share and net cash
29.5 32.0 32.6 32.6 33.6 33.2 32.8 32.7 32.4 30.7
calc 6.82 11.03 12.54 12.87 14.32 16.21 20.36 26.46 31.29 33.68

Lines marked calc are worked out here from filed figures; point at one for how.