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
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
$79M
-$30M
34.0%
-35.9%
$7M
$294000
$18M
2024
$101M
-$8M
35.8%
-6.6%
$5M
$290000
$11M
2023
$113M
-$13M
31.4%
-13.2%
-$11M
$11M
$13M
2022
$106M
$17M
37.2%
16.3%
$4M
$180000
$47M
2021
$85M
$2M
40.5%
4.4%
-$9M
$5M
$33M
2020
$65M
-$16M
37.3%
-0.7%
-$4M
$5M
$45M
2019
$85M
-$5M
39.2%
5.8%
-$541000
$6M
$53M
2018
$100M
$5M
36.9%
6.1%
-$15M
$8M
$46M
2017
$83M
$9M
37.4%
4.4%
$33M
$8M
$51M
2016
$120M
-$7M
28.3%
-6.6%
-$11M
$10M
$28M
2015
—
-$8M
—
—
-$11M
$9M
$26M
2014
—
-$13M
—
—
-$12M
$0
$27M
2013
—
-$20M
—
—
-$10M
—
$37M
2012
—
-$23M
—
—
-$14M
—
$47M
2011
—
$23M
—
—
$10M
—
$67M
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
$20M
$1M
47.7%
8.8%
$2M
—
$24M
Dec '25
$19M
$108000
44.8%
4.1%
$4M
—
$22M
Sep '25
$20M
$1M
44.4%
9.3%
$2M
$294000
$18M
Jun '25
$20M
$106000
46.7%
4.7%
$2M
—
$16M
Mar '25
$16M
-$32M
-2.1%
-202.7%
$201000
—
$13M
Dec '24
$24M
$312000
38.4%
1.4%
$3M
—
$13M
Sep '24
$24M
-$536000
40.7%
0.1%
$1M
$290000
$11M
Jun '24
$27M
$438000
36.5%
3.1%
$322000
—
$13M
Mar '24
$25M
$970000
33.2%
5.4%
-$884000
—
$13M
Dec '23
$25M
-$9M
33.0%
-35.9%
$4M
—
$17M
Sep '23
$28M
-$12M
10.1%
-42.2%
-$2M
$11M
$13M
Jun '23
$31M
-$1M
35.7%
-3.6%
-$3M
—
$14M
Mar '23
$33M
$3M
40.4%
1.6%
-$4M
—
$18M
Dec '22
$22M
-$3M
38.5%
-12.4%
-$3M
—
$45M
Sep '22
$32M
$4M
38.8%
12.0%
-$696000
$180000
$47M
Jun '22
$20M
$10M
29.6%
47.9%
$5M
—
$48M
Mar '22
$28M
$2M
40.5%
9.4%
-$3M
$5M
$28M
Dec '21
$26M
$997000
37.4%
4.7%
$2M
$5M
$32M
Sep '21
$24M
$666000
37.8%
5.3%
-$5M
$5M
$33M
Jun '21
$23M
$369000
43.6%
5.2%
-$3M
$5M
$37M
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 8.0× (Mar '23) to 6.4× (Sep '23).
The price-to-sales ratio has risen from 1.3× (Mar '23) to 3.8× (Jun '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?
As of Jun '26, Amtech Systems Inc traded at a price-to-earnings ratio of about 6.4× (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.