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Amtech Systems ASYS Thermal Processing Solutions — Operating Income

Other segment segments

Semiconductor Fabrication Solutions
-$91K-110%

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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$271.9M+289%
Enterprise value$206.81M+178%
P/E92.7×
P/S3.3×+2.5×

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:OperatingIncomeLoss.

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
Research & development610245855
Loss on sale of property, plant and equipment7878
Severance expense193150
Operating income (loss)4,521(91)4,430
Interest income231841
Interest expense(6)4(2)
Other segment items (1)(741)(1)(742)
Non-segment items (2)(2,069)

Item 1. Condensed Consolidated Financial Statements

FAQ

What is Amtech Systems's thermal processing solutions — operating income?
Amtech Systems (ASYS) reported thermal processing solutions — operating income of $4.52M in Q2 2026.
How has Amtech Systems's thermal processing solutions — operating income changed year-over-year?
Amtech Systems's thermal processing solutions — operating income increased by 55.5% year-over-year, from $2.91M to $4.52M.
What is the long-term trend for Amtech Systems's thermal processing solutions — operating income?
Over 3 years (2022 to 2025), Amtech Systems's thermal processing solutions — operating income has grown at a -72.7% compound annual growth rate (CAGR), from $20.67M to $420K.
What does thermal processing solutions — operating income mean?
Measures the core profitability of the thermal processing segment by subtracting operating expenses from gross profit. It provides a clear view of the segment's ability to generate earnings from its primary manufacturing and service operations before interest and taxes.

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