📊 ACLS Key Takeaways
Is Axcelis Technologies Inc. (ACLS) a Good Investment?
Axcelis has a fortress balance sheet with excellent liquidity ($150.8M cash, 4.59x current ratio) and minimal debt, providing financial stability. However, flat revenue growth (0% YoY), declining EPS (-38.2%), and minimal capital returns (ROE 0.9%, ROA 0.7%) indicate a company struggling with profitability and growth, limiting upside potential despite financial strength.
Axcelis shows solid underlying fundamentals with healthy gross profitability, positive free cash flow generation, and an exceptionally strong balance sheet supported by high liquidity and minimal leverage. The main constraint is growth quality: revenue and net income are flat while diluted EPS has fallen sharply, which suggests weakening per-share earnings power or share-count-related pressure. Overall, the company appears financially resilient and operationally sound, but sustained upside in the fundamentals depends on reaccelerating revenue growth and stabilizing margins.
Axcelis Technologies Inc. Key Strengths (ACLS)
- Exceptional liquidity position with $150.8M cash and 4.59x current ratio
- Conservative balance sheet with minimal leverage (0.01x debt/equity ratio)
- Positive free cash flow generation at $16.3M (8.2% FCF margin)
- Decent gross margin at 40.5% showing adequate pricing and cost structure
- Strong balance sheet with very low long-term debt and a 0.01x debt-to-equity ratio
- Healthy profitability profile with 44.9% gross margin and double-digit operating and net margins
- Positive cash generation with $107.01M of free cash flow and limited capital expenditure needs
ACLS Stock Risks: Axcelis Technologies Inc. Investment Risks
- Zero revenue growth (0% YoY) in a cyclical semiconductor equipment sector indicates stagnation or market challenges
- EPS declining 38.2% YoY while net income flat suggests significant share dilution eroding shareholder value
- Extremely low profitability returns with ROE of 0.9% and ROA of 0.7% indicate poor capital efficiency
- Thin operating margins (4.0%) create vulnerability to cost inflation and pricing pressure
- Industry cyclicality risk typical of capital equipment suppliers with no visible growth catalysts
- Flat revenue and net income indicate stalled growth momentum
- Diluted EPS declined 38.2% year over year, signaling weaker per-share earnings quality
- Operating margin of 14.2% leaves earnings exposed if end-market demand softens or costs rise
Key Metrics to Watch
- Revenue growth trajectory - need to see positive YoY growth to confirm exit from stagnation
- Operating margin expansion - current 4.0% is unsustainably low and limits profitability
- Return on equity and assets - must improve substantially above 0.9% ROE to justify capital base
- Free cash flow sustainability and capital deployment strategy - how will excess cash be deployed
- Revenue growth and backlog/order conversion
- Operating margin and diluted EPS trend
Axcelis Technologies Inc. (ACLS) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 4.59x current ratio provides a solid financial cushion.
ACLS Profit Margin, ROE & Profitability Analysis
ACLS vs Industrial Sector: How Axcelis Technologies Inc. Compares
How Axcelis Technologies Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Axcelis Technologies Inc. Stock Overvalued? ACLS Valuation Analysis 2026
Based on fundamental analysis, Axcelis Technologies Inc. has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Axcelis Technologies Inc. Balance Sheet: ACLS Debt, Cash & Liquidity
ACLS Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Axcelis Technologies Inc.'s revenue has grown significantly by 71% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.43 reflects profitable operations.
ACLS Revenue Growth, EPS Growth & YoY Performance
ACLS Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $192.6M | $9.2M | $0.30 |
| Q3 2025 | $213.6M | $26.0M | $0.83 |
| Q2 2025 | $194.5M | $28.6M | $0.98 |
| Q1 2025 | $192.6M | N/A | $0.88 |
| Q3 2024 | $256.6M | N/A | $1.49 |
| Q2 2024 | $256.5M | N/A | $1.55 |
| Q1 2024 | $252.4M | N/A | $1.43 |
| Q3 2023 | $229.2M | N/A | $1.21 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Axcelis Technologies Inc. Dividends, Buybacks & Capital Allocation
ACLS SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Axcelis Technologies Inc. (CIK: 0001113232)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| Jun 4, 2026 | 4 | xslF345X06/form4-06042026_050601.xml | View → |
| Jun 3, 2026 | 4 | xslF345X06/form4-06032026_050601.xml | View → |
| May 28, 2026 | 4 | xslF345X06/form4-05282026_050505.xml | View → |
| May 26, 2026 | 4 | xslF345X06/form4-05262026_050503.xml | View → |
| May 22, 2026 | 4 | xslF345X06/form4-05222026_050503.xml | View → |
❓ Frequently Asked Questions about ACLS
What is the AI rating for ACLS?
Axcelis Technologies Inc. (ACLS) has a Combined AI Grade of A from Claude (B) and ChatGPT (A) with 68% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ACLS's key strengths?
Claude: Exceptional liquidity position with $150.8M cash and 4.59x current ratio. Conservative balance sheet with minimal leverage (0.01x debt/equity ratio). ChatGPT: Strong balance sheet with very low long-term debt and a 0.01x debt-to-equity ratio. Healthy profitability profile with 44.9% gross margin and double-digit operating and net margins.
What are the risks of investing in ACLS?
Claude: Zero revenue growth (0% YoY) in a cyclical semiconductor equipment sector indicates stagnation or market challenges. EPS declining 38.2% YoY while net income flat suggests significant share dilution eroding shareholder value. ChatGPT: Flat revenue and net income indicate stalled growth momentum. Diluted EPS declined 38.2% year over year, signaling weaker per-share earnings quality.
What is ACLS's revenue and growth?
Axcelis Technologies Inc. reported revenue of $199.0M.
Does ACLS pay dividends?
Axcelis Technologies Inc. does not currently pay dividends.
Where can I find ACLS SEC filings?
Official SEC filings for Axcelis Technologies Inc. (CIK: 0001113232) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ACLS's EPS?
Axcelis Technologies Inc. has a diluted EPS of $0.30.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is ACLS's fundamental grade?
Based on our AI fundamental analysis in June 2026, Axcelis Technologies Inc. has a A grade with 68% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is ACLS stock overvalued or undervalued?
Valuation metrics for ACLS: ROE of 0.9% (sector avg: 15%), net margin of 4.6% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
What is ACLS's AI grade for 2026?
Our dual AI analysis gives Axcelis Technologies Inc. a combined A grade for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is ACLS's free cash flow?
Axcelis Technologies Inc.'s operating cash flow is $18.1M, with capital expenditures of $1.8M. FCF margin is 8.2%.
How does ACLS compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 4.6% (avg: 10%), ROE 0.9% (avg: 15%), current ratio 4.59 (avg: 1.8).