ACLS · XBRL financial data

Axcelis Technologies financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (ACLS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	475	662	920	1,131	1,018	839
Revenue from contracts with customers	475	662	920	1,131	1,018	839
Cost of goods and services sold	276	376	518	639	563	462
Gross profit	199	286	402	491	455	377
Research and development	62	65	78	97	105	109
General and administrative	40	46	57	66	70	83
Total operating expenses	141	159	189	226	244	258
Operating income (loss)	58	127	212	266	211	119
Interest income	1	0	5	18	24	21
Interest expense	5	5	6	5	5	5
Other income (expense)	2	(2)	(6)	(0)	1	3
Income tax expense (benefit)	6	22	22	32	29	18
Net income (loss)	—	—	—	246	201	120
Earnings per share, basic USD per share	1.50	2.94	5.54	7.52	6.17	3.81
Earnings per share, diluted USD per share	1.46	2.88	5.46	7.43	6.15	3.80
Weighted average shares, basic millions of shares	33	34	33	33	33	32
Weighted average shares, diluted millions of shares	34	34	34	33	33	32

Fiscal years (ACLS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	203	295	186	167	124	145
Short-term investments	—	—	247	339	448	229
Marketable securities	—	—	—	—	—	229
Marketable securities, non-current	—	—	—	—	—	182
Accounts receivable	87	104	170	218	203	168
Inventory	161	195	242	306	282	329
Prepaid and other current assets	19	25	33	49	60	67
Total current assets	471	619	878	1,080	1,124	943
Property and equipment, net	30	35	40	54	54	56
Right-of-use asset	5	9	12	31	30	29
Total assets	625	753	1,014	1,282	1,349	1,361
Accounts payable	24	38	62	54	47	42
Total current liabilities	84	150	248	285	208	198
Lease liability, non-current	2	4	7	26	25	25
Total liabilities	143	214	346	417	336	327
Retained earnings (accumulated deficit)	(92)	(23)	119	320	470	504
Total stockholders' equity	482	539	667	865	1,013	1,035
Total liabilities and equity	625	753	1,014	1,282	1,349	1,361
Common shares outstanding (cover page) millions of shares	34	33	33	33	32	31

Fiscal years (ACLS's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	—	—	—	246	201	120
Stock-based compensation	10	12	13	18	21	21
Depreciation and amortization	10	11	12	13	16	18
Net cash from operating activities	70	150	216	157	141	118
Purchases of property and equipment	7	9	11	21	12	11
Net cash from investing activities	(7)	(9)	(257)	(101)	(109)	30
Share repurchases	8	50	57	52	60	121
Net cash from financing activities	(2)	(52)	(65)	(68)	(71)	(124)
Net change in cash	58	91	(109)	(12)	(43)	25

SIC 3559 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3559 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
Axcelis Technologies	155	215	18*	30.9M	—	Q2 FY26 10-QJun 30, 2026
ACM Research	969	293	(6.4)*	not reported	169.0 quarters	Q2 FY26 10-QJun 30, 2026
Kadant	135	313	54*	11.8M	—	Q2 FY26 10-QJul 4, 2026
Veeco Instruments	214	not reported	51*	61.1M	—	Q2 FY26 10-QJun 30, 2026
Azenta	190	161	1.4*	43.8M	—	Q3 FY26 10-QJun 30, 2026
JBT Marel	117	994	99*	51.1M	—	Q3 FY26 10-QSep 30, 2026
Energy Recovery	61	12	16*	51.0M	—	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.