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Segments

By segment

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Single Reportable$28.98M+7.1%

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:ResearchAndDevelopmentExpense.

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
Total cost of revenue123,986107,201242,361210,996
Gross profit91,18987,343171,770176,111
Operating expenses:
Research and development28,97727,06457,49354,192
Sales and marketing19,55415,00336,90830,127
General and administrative22,37716,31149,13833,668
Total operating expenses70,90858,378143,539117,987
Income from operations20,28128,96528,23158,124

Item 1. Financial Statements (Unaudited)

FAQ

What is Axcelis Technologies's R&D?
Axcelis Technologies (ACLS) reported R&D of $28.98M in Q2 2026.
How has Axcelis Technologies's R&D changed year-over-year?
Axcelis Technologies's R&D increased by 7.1% year-over-year, from $27.06M to $28.98M.
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.

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