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Axcelis Technologies ACLS Business Segments — Income Tax Expense Benefit

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Other financials

Income statement

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Revenue$215.2M+10.6%
Gross profit$91.2M+4.4%
Operating income$20.3M-30.0%
Net income$23.3M-25.8%
EPS (diluted)$0.75-23.5%

Balance sheet

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Cash & equivalents$155.0M-10.7%
Total debt$71.5M-2.5%
Total equity$1.1B+4.2%
Total assets$1.4B+4.8%

Cash flow

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Operating cash flow$18.4M-53.8%
CapEx$3.6M+79.0%
Free cash flow$14.8M-60.7%

Valuation

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Market cap$4.2B+76.5%
Enterprise value$4.12B+80.7%
P/E45.3×+30.3×
P/S4.9×+2.2×

Profitability

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Gross margin43%-1.9pp
Operating margin10.3%-7.5pp
Net margin10.7%-7.0pp
FCF margin8.6%-5.1pp

Returns & leverage

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Return on equity8.9%-7.3pp
Debt / equity0.1×0.0×
Current ratio4.9×-1.1×

Where this comes from

Reported directly by Axcelis Technologies in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The source filing: Axcelis Technologies’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:10 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091999
Line itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Research and development28,97727,06457,49354,192
Sales and marketing19,55415,00336,90830,127
General and administrative22,37716,31149,13833,668
Total other income5,0676,0327,7429,957
Income tax provision2,0573,6213,4688,126
Segment Net Income23,29131,37632,50559,955
Reconciliation of profit or loss Adjustments and reconciling items----
Net income$23,291$31,376$32,505$59,955

Item 1. Financial Statements (Unaudited)

FAQ

What is Axcelis Technologies's business segments — income tax expense benefit?
Axcelis Technologies (ACLS) reported business segments — income tax expense benefit of $2.06M in Q2 2026.
How has Axcelis Technologies's business segments — income tax expense benefit changed year-over-year?
Axcelis Technologies's business segments — income tax expense benefit decreased by 43.2% year-over-year, from $3.62M to $2.06M.
What is the long-term trend for Axcelis Technologies's business segments — income tax expense benefit?
Over 3 years (2022 to 2025), Axcelis Technologies's business segments — income tax expense benefit has grown at a -6.2% compound annual growth rate (CAGR), from $21.81M to $18.01M.
What does business segments — income tax expense benefit mean?
This represents the total tax liability or benefit recognized by the company based on its taxable income across various jurisdictions. It reflects the effective tax rate applied to the segment's earnings and is influenced by global tax regulations and corporate tax planning strategies.

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