Every 10-Q that Axcelis Technologies Inc (ACLS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ACLS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ACLS filings page.
Axcelis Technologies reported second-quarter 2026 total revenue of $215.2 million, up 10.6% from the prior year, driven mainly by strong growth in its Aftermarket business. Systems revenue was $132.4 million while Aftermarket revenue reached $82.8 million, with most sales to Asia Pacific customers. Despite higher revenue, gross margin fell to 42.4% from 44.9%, and net income declined to $23,291 thousand, with diluted EPS of $0.75 versus $0.98 a year earlier.
For the first half of 2026, revenue was $414.1 million, but net income fell to $32,505 thousand as product margins softened and services gross margin remained negative. Operating expenses increased 21–22% year over year, with general and administrative costs rising on professional fees related to the pending Veeco merger. Operating cash flow was $36,512 thousand, down from $79,522 thousand in the prior-year period.
Axcelis ended June 30, 2026 with cash and cash equivalents of $154,996 thousand, short-term investments of $247,220 thousand, long-term investments of $174,829 thousand and restricted cash of $10,633 thousand, supporting total assets of $1,386,838 thousand and stockholders’ equity of $1,065,821 thousand. Contract liabilities (deferred revenue) increased to $118,542 thousand, and two customers each contributed 17.8% of first-half revenue, underscoring customer concentration. The all-stock merger with Veeco, at an exchange ratio of 0.3575 Axcelis shares per Veeco share, remains subject to final Chinese regulatory approval and is expected to close in the second half of 2026.
Axcelis Technologies, Inc. reported weaker profitability for the quarter ended March 31, 2026. Revenue inched up to $198.9 million from $192.6 million, helped by stronger Aftermarket sales of $72.6 million, but systems revenue fell to $126.4 million.
Gross margin compressed to 40.5% from 46.1%, and net income dropped to $9.2 million from $28.6 million, with diluted EPS at $0.30. Higher operating expenses, including merger-related professional fees, contributed to the decline. Axcelis ended the quarter with $150.8 million in cash and cash equivalents plus significant investments, and generated $18.1 million in operating cash flow. The company’s pending stock-for-stock merger with Veeco remained on track for the second half of 2026, awaiting final regulatory approval in China.
Axcelis Technologies (ACLS) filed its Q3 2025 10‑Q. Revenue was $213.6 million, down from $256.6 million a year ago, as system sales softened while Aftermarket grew. Net income was $26.0 million, or $0.83 diluted EPS, compared with $48.6 million, or $1.49, last year.
For the first nine months, revenue was $600.7 million versus $765.4 million, with product revenue lower as customers moderated mature‑node investments; Aftermarket continued to rise. Asia Pacific led Q3 revenue at $161.4 million, followed by North America at $29.2 million and Europe at $23.1 million. Gross margin stayed in the low‑40% range, while the effective tax rate rose to 13.8%, reflecting the One Big Beautiful Bill Act.
Cash and cash equivalents were $187.5 million, short‑term investments $262.1 million, and long‑term investments $143.2 million. The company repurchased 1.5 million shares year‑to‑date at an average $62.33; $135 million remains authorized. Axcelis also announced an all‑stock merger agreement with Veeco: each Veeco share will convert into 0.3575 Axcelis shares, subject to approvals, with closing currently expected in the second half of 2026.