10 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 12.1% per year over the past 5 years.
Net income has grown slower than revenue (-30.1% vs 12.1% per year).
Operating margin has expanded, at 14.2% in the latest year.
Free cash flow has grown 11.4% per year over the past 5 years.
Financial health
Operating income covered interest expense 22× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$839M
$120M
44.9%
14.2%
$107M
—
$145M
2024
$1.0B
$201M
44.7%
20.7%
$129M
—
$124M
2023
$1.1B
$246M
43.5%
23.5%
$136M
—
$167M
2022
$920M
—
43.7%
23.1%
$205M
—
$186M
2021
$662M
—
43.2%
19.2%
$141M
—
$295M
2020
$475M
—
41.8%
12.2%
$62M
—
$203M
2019
$343M
—
42.0%
7.1%
-$26M
—
$140M
2018
$443M
—
40.6%
13.5%
$42M
—
$178M
2017
$411M
—
36.6%
11.7%
$49M
—
$133M
2016
$267M
—
37.3%
6.2%
-$11M
—
$71M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$199M
$9M
40.5%
4.0%
$16M
—
$151M
Dec '25
$238M
$34M
47.0%
15.2%
-$9M
—
$145M
Sep '25
$214M
$26M
41.6%
11.7%
$43M
—
$188M
Jun '25
$195M
$31M
44.9%
14.9%
$38M
—
$174M
Mar '25
$193M
$29M
46.1%
15.1%
$35M
—
$184M
Dec '24
$252M
$50M
46.0%
21.6%
$8M
—
$124M
Sep '24
$257M
$49M
42.9%
18.3%
$42M
—
$120M
Jun '24
$257M
$51M
43.8%
20.6%
$38M
—
$145M
Mar '24
$252M
$52M
46.0%
22.4%
$41M
—
$134M
Dec '23
$310M
—
44.4%
25.5%
$55M
—
$167M
Sep '23
$292M
—
44.4%
24.5%
$19M
—
$142M
Jun '23
$274M
—
43.7%
23.3%
$30M
—
$133M
Mar '23
$254M
—
40.9%
20.2%
$32M
—
$164M
Dec '22
$266M
—
41.2%
21.1%
$119M
—
$186M
Sep '22
$229M
—
45.1%
23.2%
$60M
—
$309M
Jun '22
$221M
—
44.8%
24.5%
$2M
—
$287M
Mar '22
$204M
—
44.1%
24.0%
$24M
—
$297M
Dec '21
$206M
—
43.5%
22.6%
$35M
—
$295M
Sep '21
$177M
—
43.3%
20.6%
$63M
—
$271M
Jun '21
$147M
—
43.5%
16.3%
$30M
—
$220M
Valuation over time
How the market has priced ACLS against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 16.2× (Jan '24) to 46.3× (Jun '26).
The price-to-sales ratio has risen from 4.5× (Mar '23) to 6.6× (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ACLS growing its revenue and profit?
Over the past 5 years, Axcelis Technologies Inc's revenue has grown 12.1% per year, and net income declined 30.1% per year. These are computed facts, not advice.
How much debt does ACLS have?
As of FY2025, Axcelis Technologies Inc reported — of total debt against $145M of cash; operating income covered interest expense 22×.
What is ACLS's profit margin?
In FY2025, gross margin was 44.9%, operating margin 14.2%, and net margin 14.3%.
What is ACLS's P/E ratio?
As of Jun '26, Axcelis Technologies Inc traded at a price-to-earnings ratio of about 46.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.