Every 8-K 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 8-K covers material events a company has to report between its quarterly 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 Q2 2026 revenue of $215.2 million, exceeding its internal forecasts on stronger system shipments and higher CS&I volume. GAAP gross margin was 42.4% and operating margin 9.4%. Net income was $23.3 million, with GAAP diluted EPS of $0.75, both lower than a year earlier.
Non-GAAP gross margin was 42.7% and non-GAAP operating margin 14.7%. Non-GAAP diluted EPS was $1.06, and Adjusted EBITDA was $35,972 (in thousands). Management highlighted robust demand in Memory and positive momentum in Power, with improving trends in General Mature markets.
For Q3 2026, Axcelis expects revenue of approximately $230 million, GAAP diluted EPS of about $0.76, and non-GAAP diluted EPS of about $1.11. As of June 30, 2026, cash and cash equivalents were $154,996 (in thousands) and short-term investments $247,220 (in thousands), supporting total assets of $1,386,838 (in thousands). The company is working to satisfy remaining conditions to complete its pending merger with Veeco in the second half of 2026.
Axcelis Technologies reported Q1 2026 results with revenue of $198.956 million, up from $192.563 million in Q1 2025, driven by product revenue of $188.008 million and services revenue of $10.948 million.
GAAP gross margin declined to 40.5% from 46.1%, and operating margin fell to 4.0% from 15.1%. Net income dropped to $9.214 million, or $0.30 diluted EPS, compared with $28.579 million, or $0.88 diluted EPS, a year earlier. On a non-GAAP basis, diluted EPS was $0.72 versus $1.06.
Management highlighted strong demand in DRAM and HBM and ongoing strength in the CS&I business, but expects 2026 revenue to be relatively flat versus 2025. For Q2 2026, Axcelis guides to approximately $205 million in revenue, GAAP diluted EPS of $0.57 and non-GAAP diluted EPS of $0.90. The company ended the quarter with approximately $570 million of cash and continues to incur transaction and integration costs related to its planned merger with Veeco, expected to close in the second half of 2026.
Axcelis Technologies, Inc. reported the results of its 2026 annual meeting of stockholders held in Beverly, Massachusetts. Of 30,729,970 common shares eligible to vote as of March 12, 2026, 27,730,608 shares, or 90.24%, were represented in person or by proxy.
Stockholders elected eight director nominees, each receiving between 88.16% and 98.73% of votes cast in favor. They also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the year ending December 31, 2026, with 91.82% of votes cast in favor.
In an advisory vote on executive compensation for 2025, stockholders approved the pay of the named executive officers, with 90.56% of votes cast in favor, 2,381,859 votes against, and 51,140 abstentions, plus 2,436,760 broker non-votes.
Axcelis Technologies announced a planned CFO transition. James Coogan notified the company on March 10, 2026 that he will resign as Chief Financial Officer effective April 24, 2026, and his departure is not due to any disagreement over financial statements, operations, policies, or practices.
On March 12, 2026, the board appointed David Ryzhik, age 46, as Interim Chief Financial Officer effective the same day. His compensation for this role includes a monthly base salary increase of $8,750, an additional annual bonus opportunity of $27,242 per month, and time-based RSUs with an aggregate grant date fair value of $400,000.
Ryzhik has more than 20 years of finance and investor relations experience and has served as Senior Vice President of Investor Relations and Corporate Strategy at Axcelis since July 2024. The company highlighted his role in its pending merger with Veeco and emphasized continuity in financial leadership and ongoing integration planning during the transition.
Axcelis Technologies reported lower results for the fourth quarter and full year 2025 while highlighting strong aftermarket performance and progress on its pending merger with Veeco. Full-year revenue was $839.0 million, down from $1,017.9 million in 2024, with GAAP diluted EPS falling from $6.15 to $3.80. Fourth-quarter revenue declined to $238.3 million from $252.4 million, and GAAP diluted EPS slipped to $1.10 from $1.54. Management emphasized record CS&I (aftermarket) revenue, expanded gross margins, and more than $100 million of free cash flow for 2025, alongside returning over $120 million to shareholders. For Q1 2026, the company guides to revenue of about $195 million, GAAP EPS of roughly $0.38, and non-GAAP EPS of about $0.71, reflecting ongoing transaction and integration costs related to the planned Veeco merger.
Axcelis Technologies reported that its stockholders approved key proposals related to the company’s pending merger with Veeco Instruments at a special meeting on February 6, 2026. Shareholders backed the issuance of Axcelis common stock required under the merger agreement, with 24,128,309 votes, or 95.84% of votes cast, in favor and 1,048,205 against. A related proposal to adjourn the meeting if more votes were needed also passed, with 92.86% support, but was not required. The meeting had strong participation, with 25,228,112 shares present in person or by proxy out of 30,699,201 shares outstanding as of the record date. Completion of the merger remains subject to customary closing conditions, including final approval from China’s State Administration for Market Regulation, and Axcelis and Veeco continue to expect closing in the second half of 2026.
Axcelis Technologies, Inc. provides an update on regulatory and shareholder approval progress for its pending merger with Veeco Instruments Inc. Axcelis reports that the U.K. Investment Security Unit issued a “no further action” letter for the merger, removing one regulatory hurdle. The companies also determined that filings are not required under Sweden’s Investment Screening Law and subsequently waived the related closing condition.
The merger still depends on remaining conditions, including final regulatory approval from China’s State Administration for Market Regulation and stockholder approvals at both companies. Special meetings for Axcelis and Veeco stockholders are scheduled for February 6, 2026, and proxy advisory firms Institutional Shareholder Services and Glass Lewis have recommended that stockholders vote in favor of the deal. Axcelis and Veeco continue to state that they expect the merger to close in the second half of 2026.
Axcelis Technologies (ACLS) furnished an update on its recent performance. The company filed a Form 8‑K to report that it issued a press release covering financial results for the quarter ended September 30, 2025.
The press release is included as Exhibit 99.1 and is incorporated by reference. This filing was made under Item 2.02 (Results of Operations and Financial Condition), a standard mechanism companies use to share quarterly results.
Axcelis Technologies announced it has entered into a definitive merger agreement with Veeco Instruments, Inc. The transaction will be effected through a wholly owned Axcelis subsidiary that will merge with Veeco. The filing includes supplemental investor materials and communications intended to explain the transaction and communicate with stakeholders, with exhibits that include an investor presentation, infographic, corporate LinkedIn post, an employee letter, a conference call transcript and a dedicated microsite. The submission also includes an interactive cover page data file. The document is presented by Axcelis' General Counsel and executive leadership based in Beverly, Massachusetts.
Axcelis Technologies, Inc. and Veeco Instruments Inc. have entered into a merger agreement announced October 1, 2025, under which Veeco shareholders will receive a specified Merger Consideration at the closing. Vested Veeco RSUs will be canceled for payment of the Merger Consideration and accrued dividend equivalents, while unvested Veeco RSUs will be converted into restricted stock units of Axcelis (Axcelis RSUs) based on the Exchange Ratio, rounded down to whole shares. Veeco director RSAs that are unvested will vest, be canceled, and receive the Merger Consideration immediately prior to the Effective Time. Closing is conditioned on customary approvals and items including listing of Axcelis stock on the Nasdaq Global Select Market, expiration or termination of the HSR waiting period, approval by the State Administration for Market Regulation (China), other government approvals, an effective Form S-4, accuracy of specified representations and covenants, and absence of a material adverse effect for each party. The merger is expected to close in 2026, subject to satisfaction or waiver of these conditions.
Axcelis Technologies filed an 8-K to announce it issued a press release reporting financial results for the quarter ended June 30, 2025. The Form 8-K does not include any numerical results, financial statements, or tables within the filing itself; instead it attaches the company's press release as Exhibit 99.1 for detailed figures.
This filing is a notification that the company's operating and financial metrics for the quarter are available in the attached release; readers must consult Exhibit 99.1 to see revenue, earnings, cash flow, guidance, or other material metrics because none are presented in the 8-K.