Amtech Systems (ASYS) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q3 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ASYS SEC filings page.
Amtech Systems (ASYS) reported $81.7M in revenue over the twelve months to Jun 30, 2026, down 2.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Amtech's dominant mechanic is shrinking revenue meeting sharply worsening operating leverage, while positive cash flow masks a much deeper reported earnings decline.
Revenue fell21.6% from FY2024 to FY2025 while operating margin reached-35.9% , showing that the cost structure did not flex with lower volume. Cash conversion diverged from earnings: operating cash flow stayed positive at$7.9M even as net loss reached-$30.3M , pointing to non-cash or working-capital effects that the summarized lines do not isolate.
Total assets contracted from
Gross margin held near the prior year at
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Amtech Systems's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Amtech Systems held $17.9M in cash, cash equivalents and investments at the end of fiscal year 2025, and its operations generated $7.9M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Amtech Systems scores 85/100 among other emerging companies.
Amtech Systems had 14M shares outstanding at the end of fiscal year 2025, against 14M in fiscal year 2024. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Amtech Systems scores 70/100 among other emerging companies.
Not available for Amtech Systems, and counted as zero in the overall score.
Amtech Systems reported revenue of $79.4M in fiscal year 2025, against $101.2M in fiscal year 2024. Revenue Progress ranks emerging companies on the three-year path of that line, and Amtech Systems scores 23/100 among other emerging companies.
Amtech Systems's operations generated $7.9M of cash in fiscal year 2025, against $9.8M generated in fiscal year 2024. Burn Trend ranks emerging companies on which way that figure has moved over three years, and Amtech Systems scores 95/100 among other emerging companies.
Amtech Systems's cash, cash equivalents and investments came to $17.9M at the end of fiscal year 2025, against $39.5M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Amtech Systems scores 41/100 among other emerging companies.
Amtech Systems scores 3.03, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($251.6M) relative to total liabilities ($39.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Amtech Systems passes 3 of 9 financial strength tests. 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), 1 of 2 efficiency signals pass.
Amtech Systems reported a net loss of $30.3M while generating $7.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Amtech Systems reported an operating loss of $28.5M against $26K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Amtech Systems generated $22.4M in revenue in Q3 2026. This represents an increase of 14.5% from the same quarter a year earlier. Against the prior quarter it is up 9.4%.
Amtech Systems's EBITDA was $2.8M in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 87.3% from the same quarter a year earlier. Against the prior quarter it is up 16.8%.
Amtech Systems reported $1.7M in net income in Q3 2026. This represents an increase of 1464.2% from the same quarter a year earlier. Against the prior quarter it is up 42.2%.
Amtech Systems earned $0.10 per diluted share (EPS) in Q3 2026. Against the prior quarter it is up 25.0%.
Cash & Balance Sheet
Amtech Systems generated $994K in free cash flow in Q3 2026, representing cash available after capex. This represents a decrease of 49.8% from the same quarter a year earlier. Against the prior quarter it is down 47.5%.
Amtech Systems held $83.1M in cash as of Q3 2026; long-term debt is not reported for that period.
Not reported for Q3 2026.
Margins & Returns
Amtech Systems's gross margin was 50.0% in Q3 2026, indicating the percentage of revenue retained after direct costs. This is up 3.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.
Amtech Systems's operating margin was 9.9% in Q3 2026, reflecting core business profitability. This is up 5.2 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.1 percentage points.
Amtech Systems's net profit margin was 7.4% in Q3 2026, showing the share of revenue converted to profit. This is up 6.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 1.7 percentage points.
Amtech Systems's ROE was 1.4% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 1.2 percentage points from the same quarter a year earlier. Against the prior quarter it is down 0.6 percentage points.
Capital Allocation
Amtech Systems invested $126K in capex in Q3 2026, funding long-term assets and infrastructure. This represents a decrease of 77.2% from the same quarter a year earlier. Against the prior quarter it is down 36.4%.
Not reported for Q3 2026.
Not reported for Q3 2026.
ASYS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.4M+14.5% | $20.5M+31.4% | $19.0M-22.2% | $19.8M-17.7% | $19.6M-26.9% | $15.6M-38.7% | $24.4M-2.1% | $24.1M-13.0% |
| Cost of Revenue | $11.2M+7.3% | $10.7M-32.7% | $10.5M-30.2% | $11.0M-22.9% | $10.4M-38.6% | $15.9M-6.3% | $15.0M-5.2% | $14.3M-29.4% |
| Gross Profit | $11.2M+22.6% | $9.8M+3105.8% | $8.5M-9.3% | $8.8M-10.1% | $9.1M-6.4% | -$325K-103.8% | $9.4M+13.9% | $9.8M+250.9% |
| SG&A Expenses | $8.0M+8.3% | $7.2M+0.5% | $6.9M-14.6% | $6.4M-27.2% | $7.4M-10.0% | $7.1M-13.8% | $8.1M-6.0% | $8.8M-20.7% |
| Operating Income | $2.2M+141.2% | $1.8M+105.7% | $775K+128.6% | $1.8M+6980.8% | $915K+12.1% | -$31.6M-2417.2% | $339K+103.8% | $26K+100.2% |
| EBITDA | $2.8M+87.3% | $2.4M+107.9% | $1.4M+27.3% | $2.4M+224.3% | $1.5M-2.9% | -$30.8M-1576.8% | $1.1M+113.5% | $745K+107.4% |
| Interest Expense | $2K-60.0% | $9K+50.0% | $7K0.0% | $8K-86.4% | $5K-95.3% | $6K-96.9% | $7K-96.5% | $59K-66.9% |
| Income Tax | $616K-22.9% | $502K+84.6% | $581K+30.6% | $818K+245.1% | $799K+74.8% | $272K+22.0% | $445K+667.2% | $237K+70.5% |
| Net Income | $1.7M+1464.2% | $1.2M+103.7% | $108K-65.4% | $1.1M+299.3% | $106K-75.8% | -$31.8M-3379.6% | $312K+103.3% | -$536K+95.5% |
| EPS (Basic) | $0.11+1000.0% | $0.08+103.6% | $0.01-50.0% | $0.08+300.0% | $0.01-66.7% | -$2.23-3285.7% | $0.02+103.0% | -$0.04+95.3% |
| EPS (Diluted) | $0.10 | $0.08+103.6% | $0.01-50.0% | $0.08+300.0% | $0.01-66.7% | -$2.23-3285.7% | $0.02+103.0% | -$0.04+95.3% |
| Diluted Shares (Avg) | 16M | 15M+4.5% | 15M+2.7% | N/A | 14M+0.4% | 14M+0.6% | 14M+0.8% | N/A |
Not reported in any period shown, so not listed: R&D Expenses.
ASYS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $156.7M+75.2% | $97.4M+16.8% | $94.1M-20.1% | $92.9M-22.2% | $89.5M-29.6% | $83.4M-28.4% | $117.8M-5.8% | $119.3M-12.9% |
| Current Assets | $127.6M+120.9% | $66.5M+22.9% | $62.4M-3.0% | $60.2M-7.0% | $57.8M-18.0% | $54.1M-23.0% | $64.3M-17.8% | $64.7M-20.3% |
| Cash & Equivalents | $83.1M+434.0% | $24.4M+81.9% | $22.1M+67.1% | $17.9M+61.5% | $15.6M+18.1% | $13.4M+3.3% | $13.2M-22.4% | $11.1M-15.6% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $20.5M+4.3% | $19.7M-5.3% | $19.0M-25.6% | $18.7M-30.2% | $19.6M-31.8% | $20.8M-33.5% | $25.6M-24.7% | $26.9M-22.9% |
| Accounts Receivable | $19.7M+3.5% | $18.9M+16.9% | $17.3M-17.0% | $19.9M-9.6% | $19.0M-21.6% | $16.2M-23.7% | $20.8M-2.7% | $22.0M-16.9% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $908K0.0% | $908K0.0% | $908K-95.7% | $908K-95.7% | $908K-95.7% | $908K-95.7% | $21.3M0.0% | $21.3M-23.1% |
| Total Liabilities | $41.1M+8.9% | $41.4M+27.9% | $40.0M+13.3% | $39.5M+6.9% | $37.7M-16.8% | $32.4M-9.0% | $35.3M-22.2% | $37.0M-24.0% |
| Current Liabilities | $23.6M+25.1% | $23.2M+39.0% | $21.5M+13.6% | $20.5M+1.2% | $18.8M-31.2% | $16.7M-35.6% | $19.0M-27.6% | $20.2M-31.9% |
| Non-Current Liabilities | $17.5M-7.2% | $18.2M+16.0% | $18.5M+13.1% | $19.0M+13.7% | $18.9M+5.4% | $15.7M+62.2% | $16.4M-14.8% | $16.7M-11.7% |
| Long-Term Debt | N/A | $129K-4.4% | $162K+0.6% | $168K-11.1% | $127K-28.2% | $135K+107.7% | $161K-98.2% | $189K-97.8% |
| Total Equity | $115.6M+123.5% | $56.0M+9.7% | $54.1M-34.4% | $53.4M-35.2% | $51.7M-36.7% | $51.0M-36.9% | $82.4M+3.5% | $82.4M-6.8% |
| Retained Earnings | -$72.9M+5.2% | -$74.6M+3.2% | -$75.7M-67.5% | -$75.9M-66.6% | -$76.9M-71.0% | -$77.0M-69.5% | -$45.2M+2.6% | -$45.5M-22.9% |
ASYS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.1M-55.8% | $2.1M+896.7% | $4.1M+43.1% | $2.3M+158.0% | $2.5M-30.7% | $210K-37.5% | $2.9M-42.3% | $879K+259.5% |
| Depreciation & Amortization | $620K+4.4% | $627K-23.6% | $614K-18.4% | $575K-20.0% | $594K-19.5% | $821K+14.0% | $752K-11.7% | $719K-54.4% |
| Stock-Based Compensation | $400K+33.3% | $300K0.0% | $249K-25.2% | N/A | $300K-40.0% | $300K0.0% | $333K+5.0% | N/A |
| Capital Expenditures | $126K-77.2% | $198K+2100.0% | $277K+93.7% | $246K-43.1% | $552K-83.4% | $9K-99.3% | $143K-81.1% | -$432K-55.7% |
| Free Cash Flow | $994K-49.8% | $1.9M+842.8% | $3.8M+40.5% | $2.0M+352.3% | $2.0M+514.9% | $201K+122.7% | $2.7M-35.4% | $447K+129.3% |
| Investing Cash Flow | -$81K+85.0% | -$198K-2100.0% | -$277K-93.7% | -$220K-150.9% | -$540K+83.8% | -$9K-100.6% | -$143K+81.1% | $432K+144.3% |
| Financing Cash Flow | $57.2M+248673.9% | $148K+743.5% | $131K+4.0% | $190K+104.8% | -$23K+91.0% | -$23K+99.6% | $126K+123.9% | -$4.0M-2798.0% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
ASYS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.0%+3.3pp | 47.7%+49.8pp | 44.8%+6.4pp | 44.4%+3.8pp | 46.7%+10.2pp | -2.1%-35.3pp | 38.4%+5.4pp | 40.7%+30.6pp |
| Operating Margin | 9.9%+5.2pp | 8.8% | 4.1%+2.7pp | 9.3%+9.2pp | 4.7%+1.6pp | -202.7% | 1.4%+37.2pp | 0.1%+42.3pp |
| Net Margin | 7.4%+6.9pp | 5.7% | 0.6%-0.7pp | 5.4%+7.6pp | 0.5%-1.1pp | -204.2% | 1.3%+38.8pp | -2.2%+41.1pp |
| Return on Equity | 1.4%+1.2pp | 2.1%+64.4pp | 0.2%-0.2pp | 2.0%+2.7pp | 0.2%-0.3pp | -62.3%-63.5pp | 0.4%+12.1pp | -0.7%+12.9pp |
| Return on Assets | 1.1%+0.9pp | 1.2%+39.3pp | 0.1%-0.1pp | 1.1%+1.6pp | 0.1%-0.2pp | -38.1%-39.0pp | 0.3%+7.7pp | -0.4%+8.3pp |
| Current Ratio | 5.41+2.3x | 2.87-0.4x | 2.90-0.5x | 2.94-0.3x | 3.07+0.5x | 3.24+0.5x | 3.39+0.4x | 3.20+0.5x |
| Debt-to-Equity | 0.36+0.4x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.000.0x | 0.00-0.1x | 0.00-0.1x |
| Asset Turnover | 0.14-0.1x | 0.210.0x | 0.200.0x | 0.210.0x | 0.220.0x | 0.190.0x | 0.210.0x | 0.200.0x |
| FCF Margin | 4.4%-5.7pp | 9.3%+8.0pp | 20.2%+9.0pp | 10.2%+8.3pp | 10.1%+8.9pp | 1.3%+4.8pp | 11.2%-5.7pp | 1.8%+7.4pp |
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Amtech Systems ASYS | FY2025 | $79.4M | -$30.3M | -38.2% | $251.6M | 52/100 |
| Axt Inc AXTI | FY2025 | $88.3M | -$21.3M | -24.1% | $3.7B | 44/100 |
| Intest INTT | FY2025 | $113.8M | -$2.5M | -2.2% | $138.8M | 51/100 |
| Atomera Inc ATOM | FY2025 | $65K | -$20.2M | N/A | $156.1M | — |
| Ichor Holdings ICHR | FY2025 | $947.7M | -$52.8M | -5.6% | $2.0B | 49/100 |
| Veeco Instrs Inc Del VECO | FY2025 | $664.3M | $35.4M | 5.3% | $2.6B | 57/100 |
Where Amtech Systems Ranks
Frequently Asked Questions
What is Amtech Systems's annual revenue?
Amtech Systems (ASYS) reported $79.4M in total revenue for fiscal year 2025. This represents a -21.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Amtech Systems's revenue growing?
Amtech Systems (ASYS) revenue declined by 21.6% year-over-year, from $101.2M to $79.4M in fiscal year 2025.
Is Amtech Systems profitable?
No, Amtech Systems (ASYS) reported a net income of -$30.3M in fiscal year 2025, with a net profit margin of -38.2%.
What is Amtech Systems's EBITDA?
Amtech Systems (ASYS) had EBITDA of -$25.7M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Amtech Systems have?
As of fiscal year 2025, Amtech Systems (ASYS) had $17.9M in cash and equivalents against $168K in long-term debt.
What is Amtech Systems's gross margin?
Amtech Systems (ASYS) had a gross margin of 34.0% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Amtech Systems's operating margin?
Amtech Systems (ASYS) had an operating margin of -35.9% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Amtech Systems's net profit margin?
Amtech Systems (ASYS) had a net profit margin of -38.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Amtech Systems's return on equity (ROE)?
Amtech Systems (ASYS) has a return on equity of -56.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Amtech Systems's free cash flow?
Amtech Systems (ASYS) generated $6.9M in free cash flow during fiscal year 2025. This represents a 39.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Amtech Systems's operating cash flow?
Amtech Systems (ASYS) generated $7.9M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Amtech Systems's total assets?
Amtech Systems (ASYS) had $92.9M in total assets as of fiscal year 2025, including both current and long-term assets.
What are Amtech Systems's capital expenditures?
Amtech Systems (ASYS) invested $950K in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Amtech Systems's current ratio?
Amtech Systems (ASYS) had a current ratio of 2.94 as of fiscal year 2025, which is generally considered healthy.
What is Amtech Systems's debt-to-equity ratio?
Amtech Systems (ASYS) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Amtech Systems's return on assets (ROA)?
Amtech Systems (ASYS) had a return on assets of -32.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Amtech Systems's P/E ratio?
Amtech Systems (ASYS) trades at 62.9x earnings, its market capitalization divided by net income of $4.0M net income, trailing 12 months to June 30, 2026. The market capitalization is $251.6M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Amtech Systems's price-to-sales ratio?
Amtech Systems (ASYS) trades at 3.1x sales, its market capitalization divided by revenue of $81.7M revenue, trailing 12 months to June 30, 2026. The market capitalization is $251.6M as of Sep 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Amtech Systems's Altman Z-Score?
Amtech Systems (ASYS) has an Altman Z-Score of 3.03, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Amtech Systems's Piotroski F-Score?
Amtech Systems (ASYS) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Amtech Systems's earnings high quality?
Amtech Systems (ASYS) reported a net loss of $30.3M while generating $7.9M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Amtech Systems cover its interest payments?
Amtech Systems (ASYS) reported an operating loss of $28.5M against $26K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Amtech Systems?
Amtech Systems (ASYS) scores 52 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.