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Amtech Systems ASYS Thermal Processing Solutions — Goodwill Impairment

Other segment segments

Semiconductor Fabrication Solutions
$0-100%

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Other financials

Income statement

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Revenue$22.4M+14.5%
Gross profit$11.2M+22.6%
Operating income$2.2M+141%
Net income$1.7M+1,464%
EPS (diluted)$0.10+900%

Balance sheet

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Cash & equivalents$83.1M+434%
Total debt$18.0M-6.1%
Total equity$115.6M+124%
Total assets$156.7M+75.2%

Cash flow

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Operating cash flow$1.1M-55.8%
CapEx$126.0K-77.2%
Free cash flow$994.0K-49.8%

Valuation

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Market cap$264.2M+289%
Enterprise value$199.11M+178%
P/E90.1×
P/S3.2×+2.4×

Profitability

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Gross margin46.9%+13.4pp
Operating margin5.8%+3.1pp
Net margin3.6%+1.9pp
FCF margin10.7%+3.3pp

Returns & leverage

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Return on equity3.5%+1.8pp
Debt / equity0.2×-0.2×
Current ratio5.4×+2.3×

Where this comes from

Reported directly by Amtech Systems in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.

The source filing: Amtech Systems’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:06 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000720500-26-000010
Line itemThermal Processing SolutionsSemiconductor Fabrication SolutionsTotal Goodwill
Balance at September 30, 2024$5,905$15,35621,261
Impairment of goodwill(4,997)(15,356)(20,353)
Balance at September 30, 2025908908
Impairment of goodwill
Balance at June 30, 2026$908$908

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Amtech Systems's thermal processing solutions — goodwill impairment?
Amtech Systems (ASYS) reported thermal processing solutions — goodwill impairment of $0 in Q2 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.

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