Axcelis Technologies, Inc. (ACLS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 198.96M | 238.33M | 213.61M | 194.54M | 192.56M | 252.42M | 256.56M | 256.51M | 252.37M | 310.29M | 292.33M | 273.97M | 254.02M | 266.05M | 229.18M | 221.18M | 203.59M | 205.68M | 176.69M | 147.27M |
| Revenue Growth % | 3.32% | -5.58% | -16.74% | -24.16% | -23.7% | -18.65% | -12.23% | -6.37% | -0.65% | 16.63% | 27.56% | 23.87% | 24.77% | 29.35% | 29.7% | 50.18% | 53.34% | 68.32% | 60.04% | 19.77% |
| Cost of Goods Sold | 118.38M | 126.4M | 124.81M | 107.2M | 103.8M | 136.19M | 146.59M | 144.1M | 136.32M | 172.39M | 162.64M | 154.27M | 150M | 156.53M | 125.85M | 122M | 113.83M | 116.2M | 100.18M | 83.26M |
| COGS % of Revenue | 59.5% | 53.03% | 58.43% | 55.1% | 53.9% | 53.96% | 57.14% | 56.18% | 54.02% | 55.56% | 55.64% | 56.31% | 59.05% | 58.83% | 54.92% | 55.16% | 55.91% | 56.49% | 56.7% | 56.53% |
| Gross Profit | 80.58M | 111.93M | 88.81M | 87.34M | 88.77M | 116.22M | 109.97M | 112.41M | 116.05M | 137.9M | 129.68M | 119.7M | 104.02M | 109.52M | 103.32M | 99.18M | 89.77M | 89.48M | 76.51M | 64.01M |
| Gross Margin % | 40.5% | 46.97% | 41.57% | 44.9% | 46.1% | 46.04% | 42.86% | 43.82% | 45.98% | 44.44% | 44.36% | 43.69% | 40.95% | 41.17% | 45.08% | 44.84% | 44.09% | 43.51% | 43.3% | 43.47% |
| Gross Profit Growth % | -9.22% | -3.69% | -19.25% | -22.3% | -23.51% | -15.72% | -15.2% | -6.09% | 11.57% | 25.91% | 25.52% | 20.69% | 15.88% | 22.39% | 35.04% | 54.94% | 59.06% | 68.92% | 58.87% | 23.34% |
| Operating Expenses | 72.63M | 75.76M | 63.79M | 58.38M | 59.61M | 61.69M | 63.06M | 59.6M | 59.51M | 58.84M | 58M | 55.99M | 52.66M | 53.43M | 50.12M | 45.04M | 40.84M | 42.9M | 40.12M | 40.02M |
| OpEx % of Revenue | 36.51% | 31.79% | 29.86% | 30.01% | 30.96% | 24.44% | 24.58% | 23.23% | 23.58% | 18.96% | 19.84% | 20.44% | 20.73% | 20.08% | 21.87% | 20.36% | 20.06% | 20.86% | 22.7% | 27.17% |
| Selling, General & Admin | 44.12M | 45.63M | 39.15M | 31.31M | 32.48M | 34.04M | 36.66M | 33.81M | 33.85M | 33.93M | 33.91M | 31.86M | 28.89M | 31.34M | 29.56M | 26.3M | 23.87M | 26.48M | 23.41M | 23.39M |
| SG&A % of Revenue | 22.17% | 19.15% | 18.33% | 16.1% | 16.87% | 13.48% | 14.29% | 13.18% | 13.41% | 10.94% | 11.6% | 11.63% | 11.37% | 11.78% | 12.9% | 11.89% | 11.72% | 12.88% | 13.25% | 15.88% |
| Research & Development | 28.52M | 30.13M | 24.64M | 27.06M | 27.13M | 27.65M | 26.39M | 25.79M | 25.66M | 24.91M | 24.09M | 24.13M | 23.77M | 22.09M | 20.56M | 18.73M | 16.97M | 16.42M | 16.71M | 16.62M |
| R&D % of Revenue | 14.33% | 12.64% | 11.54% | 13.91% | 14.09% | 10.96% | 10.29% | 10.05% | 10.17% | 8.03% | 8.24% | 8.81% | 9.36% | 8.3% | 8.97% | 8.47% | 8.34% | 7.98% | 9.46% | 11.29% |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 7.95M | 36.17M | 25.02M | 28.96M | 29.16M | 54.53M | 46.91M | 52.81M | 56.54M | 79.05M | 71.68M | 63.71M | 51.36M | 56.09M | 53.2M | 54.15M | 48.92M | 46.58M | 36.39M | 24M |
| Operating Margin % | 4% | 15.18% | 11.71% | 14.89% | 15.14% | 21.6% | 18.29% | 20.59% | 22.4% | 25.48% | 24.52% | 23.25% | 20.22% | 21.08% | 23.21% | 24.48% | 24.03% | 22.65% | 20.6% | 16.29% |
| Operating Income Growth % | -72.74% | -33.67% | -46.67% | -45.15% | -48.43% | -31.02% | -34.55% | -17.11% | 10.09% | 40.94% | 34.73% | 17.66% | 4.98% | 20.4% | 46.18% | 125.63% | 140.41% | 230.97% | 162.17% | 46.49% |
| EBITDA | 12.39M | 40.63M | 29.35M | 33.48M | 33.47M | 58.8M | 50.82M | 56.67M | 60.31M | 82.63M | 74.91M | 66.87M | 54.46M | 59.08M | 56.09M | 57.02M | 51.77M | 49.41M | 39.05M | 26.69M |
| EBITDA Margin % | 6.23% | 17.05% | 13.74% | 17.21% | 17.38% | 23.29% | 19.81% | 22.09% | 23.9% | 26.63% | 25.63% | 24.41% | 21.44% | 22.21% | 24.48% | 25.78% | 25.43% | 24.02% | 22.1% | 18.12% |
| EBITDA Growth % | -62.99% | -30.89% | -42.25% | -40.92% | -44.51% | -28.84% | -32.16% | -15.25% | 10.76% | 39.86% | 33.55% | 17.27% | 5.19% | 19.58% | 43.64% | 113.66% | 125.14% | 196.43% | 138.13% | 41.6% |
| D&A (Non-Cash Add-back) | 4.44M | 4.46M | 4.33M | 4.51M | 4.31M | 4.27M | 3.91M | 3.86M | 3.77M | 3.58M | 3.23M | 3.16M | 3.1M | 2.99M | 2.89M | 2.88M | 2.85M | 2.83M | 2.66M | 2.69M |
| EBIT | 7.95M | 41.35M | 30.15M | 36.35M | 34.45M | 60.09M | 56.7M | 52.81M | 56.54M | 88.73M | 71.68M | 63.71M | 51.36M | 67.27M | 53.2M | 54.15M | 48.92M | 46.53M | 36.39M | 24.02M |
| Net Interest Income | 3.17M | 3.6M | 4.16M | 4.13M | 4.23M | 4.83M | 5.23M | 4.71M | 4.17M | 4.05M | 3.25M | 2.96M | 2.58M | 1.52M | -222K | -898K | -1.42M | -1.18M | -1.22M | -1.23M |
| Interest Income | 4.46M | 4.94M | 4.16M | 5.48M | 5.6M | 6.28M | 6.56M | 6.05M | 5.52M | 5.38M | 4.58M | 4.31M | 3.94M | 2.99M | 1.11M | 352K | 95K | 85K | 51K | 40K |
| Interest Expense | 1.29M | 1.34M | 0 | 1.35M | 1.37M | 1.45M | 1.33M | 1.34M | 1.35M | 1.32M | 1.32M | 1.35M | 1.35M | 1.48M | 1.33M | 1.25M | 1.52M | 1.26M | 1.27M | 1.27M |
| Other Income/Expense | 2.67M | 3.85M | 5.13M | 6.03M | 3.92M | 4.11M | 8.45M | 4.46M | 2.46M | 8.36M | 2M | 908K | 1.54M | 9.71M | -8.19M | -5.95M | -3.04M | -1.32M | -2.18M | -1.25M |
| Pretax Income | 10.63M | 40.02M | 30.15M | 35M | 33.08M | 58.65M | 55.37M | 57.27M | 59M | 87.41M | 73.67M | 64.62M | 52.9M | 65.8M | 45.01M | 48.2M | 45.88M | 45.27M | 34.21M | 22.75M |
| Pretax Margin % | 5.34% | 16.79% | 14.11% | 17.99% | 17.18% | 23.23% | 21.58% | 22.32% | 23.38% | 28.17% | 25.2% | 23.59% | 20.83% | 24.73% | 19.64% | 21.79% | 22.54% | 22.01% | 19.36% | 15.45% |
| Income Tax | 1.41M | 5.72M | 4.16M | 3.62M | 4.5M | 8.69M | 6.79M | 6.4M | 7.4M | 16.35M | 7.74M | 3.04M | 5.21M | 8.8M | 4.73M | 4.01M | 4.27M | 9.52M | 6.7M | 3.84M |
| Effective Tax Rate % | 13.28% | 14.3% | 13.81% | 10.35% | 13.62% | 14.82% | 12.26% | 11.17% | 12.55% | 18.71% | 10.51% | 4.7% | 9.84% | 13.38% | 10.5% | 8.31% | 9.3% | 21.02% | 19.58% | 16.89% |
| Net Income | 9.21M | 34.3M | 25.99M | 31.38M | 28.58M | 49.96M | 48.58M | 50.87M | 51.59M | 71.06M | 65.93M | 61.58M | 47.7M | 56.99M | 40.28M | 44.19M | 41.61M | 35.75M | 27.52M | 18.91M |
| Net Margin % | 4.63% | 14.39% | 12.17% | 16.13% | 14.84% | 19.79% | 18.93% | 19.83% | 20.44% | 22.9% | 22.55% | 22.48% | 18.78% | 21.42% | 17.58% | 19.98% | 20.44% | 17.38% | 15.57% | 12.84% |
| Net Income Growth % | -67.76% | -31.35% | -46.5% | -38.32% | -44.61% | -29.69% | -26.32% | -17.4% | 8.17% | 24.68% | 63.67% | 39.35% | 14.62% | 59.42% | 46.4% | 133.73% | 152.51% | 143.62% | 155.12% | 42.13% |
| Net Income (Continuing) | 9.21M | 34.3M | 25.99M | 31.38M | 28.58M | 49.96M | 48.58M | 50.87M | 51.59M | 71.06M | 65.93M | 61.58M | 47.7M | 56.99M | 40.28M | 44.19M | 41.61M | 35.75M | 27.52M | 18.91M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.30 | 1.10 | 0.83 | 0.98 | 0.88 | 1.54 | 1.49 | 1.55 | 1.57 | 2.15 | 1.99 | 1.86 | 1.43 | 1.71 | 1.21 | 1.32 | 1.22 | 1.05 | 0.81 | 0.55 |
| EPS Growth % | -65.91% | -28.57% | -44.3% | -36.77% | -43.95% | -28.37% | -25.13% | -16.67% | 9.79% | 25.73% | 64.46% | 40.91% | 17.21% | 62.86% | 49.38% | 140% | 154.17% | 144.19% | 153.13% | 41.03% |
| EPS (Basic) | 0.30 | 1.11 | 0.83 | 0.98 | 0.89 | 1.54 | 1.49 | 1.56 | 1.58 | 2.17 | 2.01 | 1.88 | 1.46 | 1.74 | 1.22 | 1.34 | 1.25 | 1.07 | 0.82 | 0.56 |
| Diluted Shares Outstanding | 30.98M | 31.12M | 31.45M | 32.1M | 32.34M | 32.51M | 32.67M | 32.77M | 32.93M | 33.03M | 33.16M | 33.19M | 33.29M | 33.26M | 33.39M | 33.56M | 33.97M | 34.01M | 34.09M | 34.31M |
| Basic Shares Outstanding | 30.72M | 30.93M | 31.31M | 32.05M | 32.26M | 32.42M | 32.55M | 32.6M | 32.64M | 32.71M | 32.81M | 32.77M | 32.74M | 32.82M | 33.01M | 33.1M | 33.24M | 33.3M | 33.54M | 33.68M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |