Axcelis Technologies Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	853.14	1,018	1,131	920	662.43	474.56
Revenue Growth (YoY)	-20.69%	-9.97%	22.89%	38.88%	39.59%	38.37%
Cost of Revenue	472	563.21	639.3	518.21	375.98	275.98
Gross Profit	381.14	454.65	491.3	401.79	286.45	198.58
Selling, General & Admin	137.63	138.99	129.19	111.4	94.12	79.2
Research & Development	105.84	104.88	96.32	78.03	65	61.34
Operating Expenses	243.47	243.86	225.51	189.43	159.12	140.54
Operating Income	137.67	210.79	265.8	212.36	127.33	58.04
Interest Expense	-5.47	-5.46	-5.35	-5.58	-4.84	-5.21
Interest & Investment Income	22.82	24.4	18.2	4.55	0.21	0.74
Currency Exchange Gain (Loss)	6	-	-0.5	-6.6	-	-
Other Non Operating Income (Expenses)	-4.15	0.54	0.45	0.15	-2.27	2.32
EBT Excluding Unusual Items	156.88	230.27	278.6	204.89	120.43	55.89
Pretax Income	156.88	230.27	278.6	204.89	120.43	55.89
Income Tax Expense	20.98	29.28	32.34	21.81	21.78	5.9
Net Income	135.9	200.99	246.26	183.08	98.65	49.98
Net Income to Common	135.9	200.99	246.26	183.08	98.65	49.98
Net Income Growth	-38.81%	-18.38%	34.51%	85.58%	97.37%	193.43%
Shares Outstanding (Basic)	32	33	33	33	34	33
Shares Outstanding (Diluted)	32	33	33	34	34	34
Shares Change (YoY)	-2.52%	-1.39%	-1.12%	-2.12%	0.41%	0.89%
EPS (Basic)	4.25	6.17	7.52	5.54	2.94	1.50
EPS (Diluted)	4.25	6.15	7.43	5.46	2.88	1.46
EPS Growth	-37.19%	-17.23%	36.08%	89.58%	97.26%	192.00%
Free Cash Flow	124.03	128.64	136.21	204.92	141.47	62.27
Free Cash Flow Per Share	3.87	3.93	4.11	6.11	4.13	1.82
Gross Margin	44.67%	44.67%	43.45%	43.67%	43.24%	41.85%
Operating Margin	16.14%	20.71%	23.51%	23.08%	19.22%	12.23%
Profit Margin	15.93%	19.75%	21.78%	19.90%	14.89%	10.53%
Free Cash Flow Margin	14.54%	12.64%	12.05%	22.27%	21.36%	13.12%
EBITDA	148.29	219.8	273.26	218.77	132.84	62.78
EBITDA Margin	17.38%	21.59%	24.17%	23.78%	20.05%	13.23%
D&A For EBITDA	10.62	9.01	7.47	6.41	5.52	4.74
EBIT	137.67	210.79	265.8	212.36	127.33	58.04
EBIT Margin	16.14%	20.71%	23.51%	23.08%	19.22%	12.23%
Effective Tax Rate	13.37%	12.72%	11.61%	10.64%	18.08%	10.56%
Revenue as Reported	853.14	1,018	1,131	920	662.43	474.56

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