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Segments

By segment

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Single Reportable$28.52M+5.1%

Other financials

Income statement

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Revenue$199.0M+3.3%
Gross profit$80.6M-9.2%
Operating income$8.0M-72.7%
Net income$9.2M-67.8%
EPS (diluted)$0.30-65.9%

Balance sheet

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Cash & equivalents$150.8M-18.0%
Total debt$72.2M-2.2%
Total equity$1.0B+1.7%
Total assets$1.4B+2.5%

Cash flow

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Operating cash flow$18.1M-54.4%
CapEx$1.8M-62.9%
Free cash flow$16.3M-53.2%

Valuation

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Market cap$5.76B+79.0%

Profitability

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Gross margin43.6%-1.0pp
Operating margin11.6%-7.5pp
Net margin11.9%-6.6pp
FCF margin11.5%-1.3pp

Returns & leverage

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Return on equity9.7%-8.7pp
Debt / equity0.1×0.0×
Current ratio4.6×-1.0×

Where this comes from

Reported directly by Axcelis Technologies in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

The official record: Axcelis Technologies’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Axcelis Technologies's R&D?
Axcelis Technologies (ACLS) reported R&D of $28.52M in Q1 2026.
How has Axcelis Technologies's R&D changed year-over-year?
Axcelis Technologies's R&D increased by 5.1% year-over-year, from $27.13M to $28.52M.
What is the long-term trend for Axcelis Technologies's R&D?
Over 4 years (2021 to 2025), Axcelis Technologies's R&D has grown at a 13.6% compound annual growth rate (CAGR), from $65.43M to $108.96M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.