15 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 3.9% per year over the past 5 years.
Operating margin has contracted, at -35.9% in the latest year.
Financial health
The company holds more cash ($18M) than total debt ($294000).
Total debt has grown slower than revenue (-43.7% vs 3.9% per year).
Operating income covered interest expense -1095.7× in the latest year.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
2025
$79M
-$30M
34.0%
-35.9%
-56.8%
-32.7%
$7M
$294000
$18M
2024
$101M
-$8M
35.8%
-6.6%
-10.3%
-7.1%
$5M
$290000
$11M
2023
$113M
-$13M
31.4%
-13.2%
-14.2%
-9.2%
-$11M
$11M
$13M
2022
$106M
$17M
37.2%
16.3%
17.7%
13.0%
$4M
$180000
$47M
2021
$85M
$2M
40.5%
4.4%
1.8%
1.3%
-$9M
$5M
$33M
2020
$65M
-$16M
37.3%
-0.7%
-19.3%
-15.4%
-$4M
$5M
$45M
2019
$85M
-$5M
39.2%
5.8%
-5.9%
-4.1%
-$541000
$6M
$53M
2018
$100M
$5M
36.9%
6.1%
5.7%
3.6%
-$15M
$8M
$46M
2017
$83M
$9M
37.4%
4.4%
10.1%
4.8%
$33M
$8M
$51M
2016
$120M
-$7M
28.3%
-6.6%
-10.5%
-5.9%
-$11M
$10M
$28M
2015
—
-$8M
—
—
-10.7%
-6.2%
-$11M
$9M
$26M
2014
—
-$13M
—
—
-23.7%
-14.5%
-$12M
$0
$27M
2013
—
-$20M
—
—
-29.9%
-18.1%
-$10M
—
$37M
2012
—
-$23M
—
—
-27.8%
-17.9%
-$14M
—
$47M
2011
—
$23M
—
—
19.7%
11.1%
$10M
—
$67M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Return on equity & assets (ROE / ROA)
ROEROA
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
ROE
ROA
FCF
Total debt
Cash
Jun '26
$22M
$2M
50.0%
9.9%
1.4%
1.1%
$994000
—
$83M
Mar '26
$20M
$1M
47.7%
8.8%
2.1%
1.2%
$2M
—
$24M
Dec '25
$19M
$108000
44.8%
4.1%
0.2%
0.1%
$4M
—
$22M
Sep '25
$20M
$1M
44.4%
9.3%
2.0%
1.1%
$2M
$294000
$18M
Jun '25
$20M
$106000
46.7%
4.7%
0.2%
0.1%
$2M
—
$16M
Mar '25
$16M
-$32M
-2.1%
-202.7%
-62.3%
-38.1%
$201000
—
$13M
Dec '24
$24M
$312000
38.4%
1.4%
0.4%
0.3%
$3M
—
$13M
Sep '24
$24M
-$536000
40.7%
0.1%
-0.7%
-0.4%
$1M
$290000
$11M
Jun '24
$27M
$438000
36.5%
3.1%
0.5%
0.3%
$322000
—
$13M
Mar '24
$25M
$970000
33.2%
5.4%
1.2%
0.8%
-$884000
—
$13M
Dec '23
$25M
-$9M
33.0%
-35.9%
-11.8%
-7.5%
$4M
—
$17M
Sep '23
$28M
-$12M
10.1%
-42.2%
-13.6%
-8.8%
-$2M
$11M
$13M
Jun '23
$31M
-$1M
35.7%
-3.6%
-1.0%
-0.7%
-$3M
—
$14M
Mar '23
$33M
$3M
40.4%
1.6%
3.2%
2.1%
-$4M
—
$18M
Dec '22
$22M
-$3M
38.5%
-12.4%
-2.9%
-2.1%
-$3M
—
$45M
Sep '22
$32M
$4M
38.8%
12.0%
4.3%
3.1%
-$696000
$180000
$47M
Jun '22
$20M
$10M
29.6%
47.9%
10.8%
7.8%
$5M
—
$48M
Mar '22
$28M
$2M
40.5%
9.4%
2.3%
1.6%
-$3M
$5M
$28M
Dec '21
$26M
$997000
37.4%
4.7%
1.2%
0.8%
$2M
$5M
$32M
Sep '21
$24M
$666000
37.8%
5.3%
0.8%
0.6%
-$5M
$5M
$33M
Valuation over time
How the market has priced ASYS 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 fallen from 9.6× (Mar '23) to 7.7× (Sep '23).
The price-to-sales ratio has risen from 1.6× (Mar '23) to 2.7× (Nov '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Frequently asked questions
Is ASYS growing its revenue and profit?
Over the past 5 years, Amtech Systems Inc's revenue has grown 3.9% per year. These are computed facts, not advice.
How much debt does ASYS have?
As of FY2025, Amtech Systems Inc reported $294000 of total debt against $18M of cash; operating income covered interest expense -1095.7×.
What is ASYS's profit margin?
In FY2025, gross margin was 34.0%, operating margin -35.9%, and net margin -38.2%.
What is ASYS's P/E ratio?
Amtech Systems Inc's P/E (TTM) is 53.99 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the ASYS stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 7.7× as of Nov '26) can differ. 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), split-adjusted; price return — dividends not reinvested ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.