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Amtech Systems ASYS Thermal Processing Solutions — Goodwill Impairment

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Other financials

Income statement

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Revenue$20.5M+31.4%
Gross profit$9.8M+3,106%
Operating income$1.8M+106%
Net income$1.2M+104%
EPS (diluted)$0.08+104%

Balance sheet

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Cash & equivalents$24.4M+81.9%
Total debt$19.0M+13.5%
Total equity$56.0M+9.7%
Total assets$97.4M+16.8%

Cash flow

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Operating cash flow$2.1M+897%
CapEx$198.0K+2,100%
Free cash flow$1.9M+843%

Valuation

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Market cap$361.4M+519%
Enterprise value$356.01M+477%
P/E261.9×
P/S4.6×+3.9×

Profitability

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Gross margin45.9%+14.4pp
Operating margin4.4%+2.3pp
Net margin1.8%+0.9pp
FCF margin12.3%+7.3pp

Returns & leverage

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Return on equity2.6%+1.3pp
Debt / equity0.3×0.0×
Current ratio2.9×-0.4×

Where this comes from

Reported directly by Amtech Systems in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The official record: Amtech Systems’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Amtech Systems's thermal processing solutions — goodwill impairment?
Amtech Systems (ASYS) reported thermal processing solutions — goodwill impairment of $0 in Q1 2026.
How has Amtech Systems's thermal processing solutions — goodwill impairment changed year-over-year?
Amtech Systems's thermal processing solutions — goodwill impairment decreased by 100.0% year-over-year, from $5M to $0.
What does thermal processing solutions — goodwill impairment mean?
The specific charge recognized in the current period to reduce the carrying value of goodwill for the Thermal Processing Solutions segment when its fair value falls below its book value. This indicates a significant decline in the segment's expected future economic benefits or market position. It is a critical signal of operational or strategic challenges within the business unit.