Axcelis Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	839.05	1,018	1,131	920	662.43
Revenue Growth (YoY)	-17.57%	-9.97%	22.89%	38.88%	39.59%
Cost of Revenue	461.68	563.21	639.3	518.21	375.98
Gross Profit	377.37	454.65	491.3	401.79	286.45
Selling, General & Admin	148.58	138.99	129.19	111.4	94.12
Research & Development	108.96	104.88	96.32	78.03	65
Operating Expenses	257.53	243.86	225.51	189.43	159.12
Operating Income	119.83	210.79	265.8	212.36	127.33
Interest Expense	-5.36	-5.46	-5.35	-5.58	-4.84
Interest & Investment Income	21.48	24.4	18.2	4.55	0.21
Currency Exchange Gain (Loss)	-	-	-0.5	-6.6	-
Other Non Operating Income (Expenses)	2.81	0.54	0.45	0.15	-2.27
EBT Excluding Unusual Items	138.77	230.27	278.6	204.89	120.43
Merger & Restructuring Charges	-0.52	-	-	-	-
Pretax Income	138.25	230.27	278.6	204.89	120.43
Income Tax Expense	18.01	29.28	32.34	21.81	21.78
Net Income	120.24	200.99	246.26	183.08	98.65
Net Income to Common	120.24	200.99	246.26	183.08	98.65
Net Income Growth	-40.18%	-18.38%	34.51%	85.58%	97.37%
Shares Outstanding (Basic)	32	33	33	33	34
Shares Outstanding (Diluted)	32	33	33	34	34
Shares Change (YoY)	-3.17%	-1.39%	-1.12%	-2.12%	0.41%
EPS (Basic)	3.81	6.17	7.52	5.54	2.94
EPS (Diluted)	3.80	6.15	7.43	5.46	2.88
EPS Growth	-38.21%	-17.23%	36.08%	89.58%	97.26%
Free Cash Flow	107.01	128.64	136.21	204.92	141.47
Free Cash Flow Per Share	3.38	3.93	4.11	6.11	4.13
Gross Margin	44.98%	44.67%	43.45%	43.67%	43.24%
Operating Margin	14.28%	20.71%	23.51%	23.08%	19.22%
Profit Margin	14.33%	19.75%	21.78%	19.90%	14.89%
Free Cash Flow Margin	12.75%	12.64%	12.05%	22.27%	21.36%
EBITDA	137.45	219.8	273.26	218.77	132.84
EBITDA Margin	16.38%	21.59%	24.17%	23.78%	20.05%
D&A For EBITDA	17.61	9.01	7.47	6.41	5.52
EBIT	119.83	210.79	265.8	212.36	127.33
EBIT Margin	14.28%	20.71%	23.51%	23.08%	19.22%
Effective Tax Rate	13.03%	12.72%	11.61%	10.64%	18.08%
Revenue as Reported	839.05	1,018	1,131	920	662.43

Source: S&P Global Market Intelligence. Standard template. Financial Sources.