Cash flow Axcelis Technologies, Inc.

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US0545402085

Semiconductor Equipment & Testing

Market Closed - Nasdaq Other stock markets 21:00:00 10/06/2026 BST			5-day change	1st Jan Change
157.43 ^USD	-4.34%		-0.85%	+95.95%

05-13	Axcelis Technologies Insider Sold Shares Worth $363,538, According to a Recent SEC Filing	MT
05-08	Axcelis Technologies, Inc., Q1 2026 Earnings Call, May 07, 2026

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Published financial data: AXCELIS TECHNOLOGIES, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	662M	920M	1.13B	1.02B	839M
Total Revenues	662M	920M	1.13B	1.02B	839M
Cost of Goods Sold, Total	376M	518M	639M	563M	462M
Gross Profit	286M	402M	491M	455M	377M
Selling General & Admin Expenses, Total	94.12M	111M	129M	139M	149M
R&D Expenses	65M	78.03M	96.32M	105M	108M
Other Operating Expenses, Total	159M	189M	226M	244M	258M
Operating Income	127M	212M	266M	211M	119M
Interest Expense, Total	-4.84M	-5.58M	-5.35M	-5.46M	-5.36M
Interest And Investment Income	209K	4.55M	18.2M	24.4M	21.48M
Net Interest Expenses	-4.63M	-1.02M	12.85M	18.94M	16.12M
Currency Exchange Gains (Loss)	-2.5M	-6.4M	-	0	-2.4M
Other Non Operating Income (Expenses)	229K	-51K	-48K	539K	5.21M
EBT, Excl. Unusual Items	120M	205M	279M	230M	138M
Restructuring Charges	-	-	-	-	-
EBT, Incl. Unusual Items	120M	205M	279M	230M	138M
Income Tax Expense	21.78M	21.81M	32.34M	29.28M	18.01M
Earnings From Continuing Operations	98.65M	183M	246M	201M	120M
Net Income to Company	98.65M	183M	246M	201M	120M
Net Income - (IS)	98.65M	183M	246M	201M	120M
Net Income to Common Incl Extra Items	98.65M	183M	246M	201M	120M
Net Income to Common Excl. Extra Items	98.65M	183M	246M	201M	120M
Per Share Items
Net EPS - Basic	2.94	5.54	7.52	6.17	3.81
Basic EPS - Continuing Operations	2.94	5.54	7.52	6.17	3.81
Basic Weighted Average Shares Outstanding	33.56M	33.04M	32.76M	32.55M	31.57M
Net EPS - Diluted	2.88	5.46	7.43	6.15	3.8
Diluted EPS - Continuing Operations	2.88	5.46	7.43	6.15	3.8
Diluted Weighted Average Shares Outstanding	34.27M	33.54M	33.16M	32.7M	31.67M
Normalized Basic EPS	2.24	3.88	5.32	4.42	2.74
Normalized Diluted EPS	2.2	3.82	5.25	4.4	2.73
Supplemental Items
EBITDA	133M	219M	273M	220M	129M
EBITA	127M	212M	266M	211M	119M
EBIT	127M	212M	266M	211M	119M
EBITDAR	141M	227M	286M	232M	141M
Total Revenues (As Reported)	662M	920M	1.13B	1.02B	839M
Effective Tax Rate - (Ratio)	18.08	10.64	11.61	12.72	13.03
Current Domestic Taxes	82K	10.15M	48.86M	40.99M	23.88M
Current Foreign Taxes	1.44M	3.12M	3.5M	3.89M	4.82M
Total Current Taxes	1.52M	13.27M	52.35M	44.88M	28.71M
Deferred Domestic Taxes	20.93M	9M	-18.97M	-13.55M	-10.2M
Deferred Foreign Taxes	-670K	-459K	-1.05M	-2.04M	-498K
Total Deferred Taxes	20.26M	8.54M	-20.02M	-15.59M	-10.7M
Normalized Net Income	75.27M	128M	174M	144M	86.41M
Interest on Long-Term Debt	5.09M	4.99M	4.87M	4.73M	4.57M
Supplemental Operating Expense Items
Selling and Marketing Expenses	45.94M	52.07M	61.13M	66.23M	63.54M
General and Administrative Expenses	45.14M	56.41M	64.68M	69.33M	82.11M
Research And Development Expense From Footnotes	65.43M	78.36M	96.91M	105M	109M
Net Rental Expense, Total	7.91M	8.34M	12.77M	12.43M	11.84M
Imputed Operating Lease Interest Expense	5.61M	6.46M	8.12M	7.27M	6.99M
Imputed Operating Lease Depreciation	2.3M	1.88M	4.65M	5.16M	4.84M
Stock-Based Comp., Other (Total)	12.07M	13.44M	18.27M	20.95M	20.77M
Total Stock-Based Compensation	12.07M	13.44M	18.27M	20.95M	20.77M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	295M	186M	167M	124M	145M
Short Term Investments	-	247M	339M	448M	229M
Total Cash And Short Term Investments	295M	432M	506M	571M	374M
Accounts Receivable, Total	104M	170M	218M	203M	168M
Total Receivables	104M	170M	218M	203M	168M
Inventory	195M	242M	306M	282M	329M
Prepaid Expenses	24.93M	33.3M	49.4M	60.47M	66.8M
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	-	-	-	6.42M	4.66M
Total Current Assets	619M	878M	1.08B	1.12B	943M
Gross Property Plant And Equipment	134M	139M	174M	177M	184M
Accumulated Depreciation	-70.67M	-69.15M	-72.83M	-78.51M	-84.95M
Net Property Plant And Equipment	63.45M	69.75M	101M	98.75M	99.23M
Long-term Investments	-	-	-	-	182M
Deferred Tax Assets Long-Term	35.45M	31.7M	53.43M	68.28M	79.9M
Deferred Charges Long-Term	32M	30.24M	36.92M	45.17M	39.92M
Other Long-Term Assets, Total	3.08M	4.3M	10.31M	12.97M	16.71M
Total Assets	753M	1.01B	1.28B	1.35B	1.36B
Liabilities
Accounts Payable, Total	38.02M	62.35M	54.4M	46.93M	42.31M
Accrued Expenses, Total	30.73M	35.54M	31.44M	25.54M	34.23M
Current Portion of Leases	5.7M	6.6M	6.49M	5.82M	6.43M
Current Income Taxes Payable	887K	4.3M	6.16M	-	11.38M
Unearned Revenue Current, Total	60.45M	123M	165M	94.67M	65.49M
Other Current Liabilities	14.35M	15.88M	21.95M	34.57M	37.81M
Total Current Liabilities	150M	248M	285M	208M	198M
Long-Term Leases	50.77M	52.12M	69.4M	67.65M	65.37M
Unearned Revenue Non Current	7.98M	31.31M	46.21M	43.5M	43.44M
Other Non Current Liabilities	5.39M	14.83M	16.35M	17.32M	20.2M
Total Liabilities	214M	346M	417M	336M	327M
Common Stock, Total	33K	33K	33K	32K	31K
Additional Paid In Capital	560M	550M	547M	549M	533M
Retained Earnings	-22.72M	119M	320M	470M	504M
Comprehensive Income and Other	1.76M	-1.97M	-1.85M	-6.21M	-2.2M
Total Common Equity	539M	667M	865M	1.01B	1.03B
Total Equity	539M	667M	865M	1.01B	1.03B
Total Liabilities And Equity	753M	1.01B	1.28B	1.35B	1.36B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	33.25M	32.71M	32.63M	32.15M	30.72M
ECS Total Common Shares Outstanding	33.24M	32.78M	32.68M	32.36M	30.72M
Book Value / Share	16.21	20.36	26.46	31.29	33.68
Tangible Book Value	539M	667M	865M	1.01B	1.03B
Tangible Book Value Per Share	16.21	20.36	26.46	31.29	33.68
Total Debt	56.47M	58.71M	75.89M	73.46M	71.8M
Net Debt	-238M	-373M	-430M	-498M	-302M
Debt Equivalent Oper. Leases	63.27M	66.72M	102M	99.42M	94.68M
Account Code - Inventory Valuation	5	5	5	5	5
Inventories - Raw Materials, Total	134M	187M	231M	227M	259M
Inventories - Work In Process, Total	43.16M	35.07M	45.37M	34.49M	51.76M
Inventories - Finished Goods, Total	18.04M	20.02M	29.91M	20.59M	18.21M
Land - (BS)	15.88M	18M	21.8M	25.81M	31.05M
Machinery, Total	34.31M	34.73M	41.55M	45.48M	49.17M
Full Time Employees	1.12K	1.39K	1.62K	1.52K	1.46K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	460K	-	-
Order Backlog	461M	1.12B	1.21B	646M	457M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	98.65M	183M	246M	201M	120M
Depreciation & Amortization - CF	5.52M	6.41M	7.47M	9.01M	9.91M
Depreciation & Amortization, Total	5.52M	6.41M	7.47M	9.01M	9.91M
Amortization of Deferred Charges, Total - (CF)	5.3M	5.2M	5.6M	6.8M	7.7M
(Gain) Loss From Sale Of Asset	-	-	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-12.44M	-4.15M
Stock-Based Compensation (CF)	12.07M	13.44M	18.27M	20.95M	20.77M
Provision and Write-off of Bad Debts	-	-	1.13M	2.99M	-
Other Operating Activities, Total	24.01M	19.09M	-24.63M	-2.08M	-5.31M
Change In Accounts Receivable	-18.15M	-67.27M	-50.76M	6.91M	37.43M
Change In Inventories	-39.02M	-58.43M	-69.96M	5.92M	-42.22M
Change In Accounts Payable	22.05M	31.39M	-8.1M	-413K	6.19M
Change in Unearned Revenues	45.38M	86.37M	56.18M	-71.1M	-29.65M
Change In Income Taxes	253K	3.49M	3.79M	-9.03M	13.12M
Change in Other Net Operating Assets	-5.87M	-7.16M	-28.38M	-17.68M	-15.73M
Cash from Operations	150M	216M	157M	141M	118M
Capital Expenditure	-8.72M	-10.68M	-20.66M	-12.18M	-11.3M
Sale of Property, Plant, and Equipment	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-	-247M	-80.2M	-96.54M	41.22M
Cash from Investing	-8.72M	-257M	-101M	-109M	29.93M
Long-Term Debt Repaid, Total	-763K	-987K	-1.24M	-1.52M	-1.36M
Total Debt Repaid	-763K	-987K	-1.24M	-1.52M	-1.36M
Issuance of Common Stock	4.87M	2.91M	2.08M	2.38M	2.46M
Repurchase of Common Stock	-49.99M	-57.5M	-52.5M	-60.49M	-121M
Other Financing Activities, Total	-6.56M	-9.91M	-16.61M	-11.56M	-4.51M
Cash from Financing	-52.45M	-65.48M	-68.27M	-71.19M	-124M
Foreign Exchange Rate Adjustments	2.43M	-2.21M	-139K	-3.79M	1.28M
Net Change in Cash	91.45M	-109M	-12.4M	-42.89M	25.01M
Supplemental Items
Cash Interest Paid	5.09M	4.99M	4.87M	4.73M	4.57M
Cash Income Tax Paid (Refund)	1.5M	10.76M	54.22M	61.13M	15.66M
Levered Free Cash Flow	97.06M	120M	82.2M	97.56M	71.15M
Unlevered Free Cash Flow	100M	123M	85.54M	101M	74.5M
Change In Net Working Capital	-6.33M	24.06M	91.26M	55.36M	27.16M
Net Debt Issued / Repaid	-763K	-987K	-1.24M	-1.52M	-1.36M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	11.55	15.02	14.47	10.02	5.5
Return on Total Capital	14.09	20.09	19.93	13	6.8
Return On Equity %	19.33	30.36	32.15	21.41	11.74
Return on Common Equity	19.33	30.36	32.15	21.41	11.74
Margin Analysis
Gross Profit Margin %	43.24	43.67	43.45	44.67	44.91
SG&A Margin	14.21	12.11	11.43	13.65	17.78
EBITDA Margin %	20.05	23.78	24.17	21.59	15.4
EBITA Margin %	19.22	23.08	23.51	20.71	14.22
EBIT Margin %	19.22	23.08	23.51	20.71	14.22
Income From Continuing Operations Margin %	14.89	19.9	21.78	19.75	14.33
Net Income Margin %	14.89	19.9	21.78	19.75	14.33
Net Avail. For Common Margin %	14.89	19.9	21.78	19.75	14.33
Normalized Net Income Margin	11.36	13.92	15.4	14.14	10.3
Levered Free Cash Flow Margin	14.65	12.99	7.27	9.58	8.48
Unlevered Free Cash Flow Margin	15.11	13.37	7.57	9.92	8.88
Asset Turnover
Asset Turnover	0.96	1.04	0.99	0.77	0.62
Fixed Assets Turnover	11.19	13.81	13.22	10.18	8.48
Receivables Turnover (Average Receivables)	6.93	6.71	5.83	4.83	4.52
Inventory Turnover (Average Inventory)	2.11	2.37	2.33	1.91	1.51
Short Term Liquidity
Current Ratio	4.12	3.54	3.79	5.41	4.77
Quick Ratio	2.66	2.43	2.54	3.73	2.75
Operating Cash Flow to Current Liabilities	1	0.87	0.55	0.68	0.6
Days Sales Outstanding (Average Receivables)	52.7	54.39	62.59	75.71	80.83
Days Outstanding Inventory (Average Inventory)	172.83	154.04	156.69	191.28	241.35
Average Days Payable Outstanding	27.62	32.38	30.29	34.41	32
Cash Conversion Cycle (Average Days)	197.9	176.04	188.99	232.59	290.18
Long Term Solvency
Total Debt/Equity	10.48	8.8	8.77	7.25	6.94
Total Debt / Total Capital	9.48	8.09	8.07	6.76	6.49
LT Debt/Equity	9.42	7.81	8.02	6.68	6.32
Long-Term Debt / Total Capital	8.53	7.18	7.38	6.23	5.91
Total Liabilities / Total Assets	28.45	34.17	32.53	24.91	24
EBIT / Interest Expense	26.33	38.08	49.71	38.59	22.24
EBITDA / Interest Expense	29.11	40.73	53.49	42.52	26.3
(EBITDA - Capex) / Interest Expense	27.31	38.81	49.63	40.29	24.19
Total Debt / EBITDA	0.4	0.26	0.27	0.32	0.51
Net Debt / EBITDA	-1.69	-1.64	-1.5	-2.14	-2.14
Total Debt / (EBITDA - Capex)	0.43	0.27	0.29	0.33	0.55
Net Debt / (EBITDA - Capex)	-1.81	-1.73	-1.62	-2.26	-2.33
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	39.59	38.88	22.89	-9.97	-17.57
Gross Profit, 1 Yr. Growth %	44.24	40.27	22.28	-7.46	-17.11
EBITDA, 1 Yr. Growth %	111.6	64.68	24.91	-19.56	-41.21
EBITA, 1 Yr. Growth %	119.37	66.79	25.16	-20.69	-43.4
EBIT, 1 Yr. Growth %	119.37	66.79	25.16	-20.69	-43.4
Earnings From Cont. Operations, 1 Yr. Growth %	97.37	85.58	34.51	-18.38	-40.18
Net Income, 1 Yr. Growth %	97.37	85.58	34.51	-18.38	-40.18
Normalized Net Income, 1 Yr. Growth %	115.49	70.13	35.98	-17.35	-39.96
Diluted EPS Before Extra, 1 Yr. Growth %	97.26	89.58	36.08	-17.23	-38.21
Accounts Receivable, 1 Yr. Growth %	20.2	62.6	28.39	-6.8	-17.07
Inventory, 1 Yr. Growth %	21.05	24.32	26.43	-7.91	16.58
Net Property, Plant and Equip., 1 Yr. Growth %	15.52	9.93	45.26	-2.53	0.48
Total Assets, 1 Yr. Growth %	20.59	34.57	26.47	5.21	0.93
Tangible Book Value, 1 Yr. Growth %	11.91	23.8	29.62	17.1	2.16
Common Equity, 1 Yr. Growth %	11.91	23.8	29.62	17.1	2.16
Cash From Operations, 1 Yr. Growth %	115.47	43.56	-27.24	-10.23	-15.99
Capital Expenditures, 1 Yr. Growth %	17.27	22.54	93.35	-41.03	-7.27
Levered Free Cash Flow, 1 Yr. Growth %	218.47	23.17	-31.24	18.68	-27.07
Unlevered Free Cash Flow, 1 Yr. Growth %	196.68	22.93	-30.47	18.03	-26.22
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	38.98	39.23	30.64	5.18	-13.85
Gross Profit, 2 Yr. CAGR %	40.96	42.24	30.96	6.38	-12.42
EBITDA, 2 Yr. CAGR %	117.1	86.67	43.42	0.24	-31.23
EBITA, 2 Yr. CAGR %	129.35	91.28	44.48	-0.37	-33
EBIT, 2 Yr. CAGR %	129.35	91.28	44.48	-0.37	-33
Earnings From Cont. Operations, 2 Yr. CAGR %	140.65	91.39	58	4.78	-30.13
Net Income, 2 Yr. CAGR %	140.65	91.39	58	4.78	-30.13
Normalized Net Income, 2 Yr. CAGR %	139.92	91.47	52.1	6.02	-29.56
Diluted EPS Before Extra, 2 Yr. CAGR %	140	93.38	60.62	6.13	-28.48
Accounts Receivable, 2 Yr. CAGR %	11.65	39.8	44.48	9.39	-12.08
Inventory, 2 Yr. CAGR %	17.86	22.68	25.37	7.9	3.61
Net Property, Plant and Equip., 2 Yr. CAGR %	9.36	12.69	26.36	18.98	-1.04
Total Assets, 2 Yr. CAGR %	17.23	27.39	30.46	15.35	3.05
Tangible Book Value, 2 Yr. CAGR %	13.36	17.71	26.68	23.2	9.38
Common Equity, 2 Yr. CAGR %	13.36	17.71	26.68	23.2	9.38
Cash From Operations, 2 Yr. CAGR %	232.39	75.88	2.2	-19.18	-13.16
Capital Expenditures, 2 Yr. CAGR %	-14.65	19.88	53.93	6.78	-26.05
Levered Free Cash Flow, 2 Yr. CAGR %	115.46	98.06	-7.97	-9.66	-6.97
Unlevered Free Cash Flow, 2 Yr. CAGR %	137.89	90.98	-7.55	-9.41	-6.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	14.39	38.95	33.56	15.39	-3.02
Gross Profit, 3 Yr. CAGR %	16.83	40.73	35.25	16.65	-2.11
EBITDA, 3 Yr. CAGR %	28.14	98	63.28	18.28	-16.09
EBITA, 3 Yr. CAGR %	28.53	106.25	66.06	18.3	-17.48
EBIT, 3 Yr. CAGR %	28.53	106.25	66.06	18.3	-17.48
Earnings From Cont. Operations, 3 Yr. CAGR %	29.07	120.69	70.16	26.77	-13.08
Net Income, 3 Yr. CAGR %	29.07	120.69	70.16	26.77	-13.08
Normalized Net Income, 3 Yr. CAGR %	30.09	113.95	70.83	24.12	-12.29
Diluted EPS Before Extra, 3 Yr. CAGR %	28.73	121.86	72.01	28.77	-11.38
Accounts Receivable, 3 Yr. CAGR %	9.87	26.56	35.89	24.84	-0.25
Inventory, 3 Yr. CAGR %	14.76	19.98	23.92	13.12	10.72
Net Property, Plant and Equip., 3 Yr. CAGR %	15.53	9.55	22.64	15.89	12.47
Total Assets, 3 Yr. CAGR %	11.16	22.75	27.08	21.43	10.33
Tangible Book Value, 3 Yr. CAGR %	9.69	16.74	21.55	23.4	15.75
Common Equity, 3 Yr. CAGR %	9.69	16.74	21.55	23.4	15.75
Cash From Operations, 3 Yr. CAGR %	47.33	151.25	31.05	-2.12	-18.13
Capital Expenditures, 3 Yr. CAGR %	22.74	-3.72	40.59	11.79	1.87
Levered Free Cash Flow, 3 Yr. CAGR %	38.64	78.82	39.2	0.17	-15.88
Unlevered Free Cash Flow, 3 Yr. CAGR %	36.19	90.9	36.37	0.3	-15.4
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	19.93	17.51	20.63	24.31	12.07
Gross Profit, 5 Yr. CAGR %	23.53	21.74	22.29	25.83	13.67
EBITDA, 5 Yr. CAGR %	47.91	34.32	34.05	50.8	15.53
EBITA, 5 Yr. CAGR %	49.75	34.73	34.69	54.17	15.5
EBIT, 5 Yr. CAGR %	49.75	34.73	34.69	54.17	15.5
Earnings From Cont. Operations, 5 Yr. CAGR %	55.07	7.6	39.94	63.82	19.19
Net Income, 5 Yr. CAGR %	55.07	7.6	39.94	63.82	19.19
Normalized Net Income, 5 Yr. CAGR %	60.5	36.13	38.48	61.56	19.86
Diluted EPS Before Extra, 5 Yr. CAGR %	51.57	7.52	40.65	65.19	21.08
Accounts Receivable, 5 Yr. CAGR %	15.6	17.66	22.59	19.39	14.17
Inventory, 5 Yr. CAGR %	11.36	15	18.89	14.99	15.35
Net Property, Plant and Equip., 5 Yr. CAGR %	15.52	14.04	19.75	13.23	12.56
Total Assets, 5 Yr. CAGR %	20.04	15.73	18.51	19.73	16.86
Tangible Book Value, 5 Yr. CAGR %	21.75	13.54	16.2	19.28	16.53
Common Equity, 5 Yr. CAGR %	21.75	13.54	16.2	19.28	16.53
Cash From Operations, 5 Yr. CAGR %	76.42	30.81	27.28	59.61	11.16
Capital Expenditures, 5 Yr. CAGR %	28.32	7.96	34.37	0.35	8.73
Levered Free Cash Flow, 5 Yr. CAGR %	141.52	36.51	17.68	36.08	18.48
Unlevered Free Cash Flow, 5 Yr. CAGR %	118.93	34.06	16.64	41.68	17.17