Axcelis Technologies, Inc. (ACLS)

Axcelis Technologies Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	958.06	1,018	1,131	920	662.43	474.56
Revenue Growth (YoY)	-15.14%	-9.97%	22.89%	38.88%	39.59%	38.37%
Cost of Revenue	530.69	563.21	639.3	518.21	375.98	275.98
Gross Profit	427.37	454.65	491.3	401.79	286.45	198.58
Selling, General & Admin	137.71	138.99	129.19	111.4	94.12	79.2
Research & Development	106.25	104.88	96.32	78.03	65	61.34
Operating Expenses	243.96	243.86	225.51	189.43	159.12	140.54
Operating Income	183.41	210.79	265.8	212.36	127.33	58.04
Interest Expense	-5.48	-5.46	-5.35	-5.58	-4.84	-5.21
Interest & Investment Income	24.49	24.4	18.2	4.55	0.21	0.74
Currency Exchange Gain (Loss)	1.4	-	-0.5	-6.6	-	-
Other Non Operating Income (Expenses)	0.54	0.54	0.45	0.15	-2.27	2.32
EBT Excluding Unusual Items	204.36	230.27	278.6	204.89	120.43	55.89
Pretax Income	204.36	230.27	278.6	204.89	120.43	55.89
Income Tax Expense	26.38	29.28	32.34	21.81	21.78	5.9
Net Income	177.98	200.99	246.26	183.08	98.65	49.98
Net Income to Common	177.98	200.99	246.26	183.08	98.65	49.98
Net Income Growth	-28.85%	-18.38%	34.51%	85.58%	97.37%	193.43%
Shares Outstanding (Basic)	32	33	33	33	34	33
Shares Outstanding (Diluted)	33	33	33	34	34	34
Shares Change (YoY)	-1.56%	-1.39%	-1.12%	-2.12%	0.41%	0.89%
EPS (Basic)	5.48	6.17	7.52	5.54	2.94	1.50
EPS (Diluted)	5.46	6.15	7.43	5.46	2.88	1.46
EPS Growth	-27.86%	-17.23%	36.08%	89.58%	97.26%	192.00%
Free Cash Flow	122.87	128.64	136.21	204.92	141.47	62.27
Free Cash Flow Per Share	3.77	3.93	4.11	6.11	4.13	1.82
Gross Margin	44.61%	44.67%	43.45%	43.67%	43.24%	41.85%
Operating Margin	19.14%	20.71%	23.51%	23.08%	19.22%	12.23%
Profit Margin	18.58%	19.75%	21.78%	19.90%	14.89%	10.53%
Free Cash Flow Margin	12.83%	12.64%	12.05%	22.27%	21.36%	13.12%
EBITDA	192.96	219.8	273.26	218.77	132.84	62.78
EBITDA Margin	20.14%	21.59%	24.17%	23.78%	20.05%	13.23%
D&A For EBITDA	9.54	9.01	7.47	6.41	5.52	4.74
EBIT	183.41	210.79	265.8	212.36	127.33	58.04
EBIT Margin	19.14%	20.71%	23.51%	23.08%	19.22%	12.23%
Effective Tax Rate	12.91%	12.72%	11.61%	10.64%	18.08%	10.56%
Revenue as Reported	958.06	1,018	1,131	920	662.43	474.56

Updated May 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q