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Axcelis Technologies, Inc.

ACLSTechnologyNASDAQ

Semiconductor Equipment & Materials

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Financials · Annual
Revenue
$839.0M
-17.6% YoY
Net Income
$120.2M
-40.2% YoY
EBITDA
$161.2M
-35.9% YoY
Free Cash Flow
$49.1M

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About Axcelis Technologies, Inc.

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. At a $4.78B market cap, Axcelis Technologies, Inc. ranks as a mid-cap company within technology. The company provides high energy, high current, and medium current implanters for various application requirements.

Key stats
Market Cap$4.78B
P/E (TTM)48.31
Fwd P/E33.55
EPS$3.22
Beta1.92
52W Change+176.1%
ROE9.7%
Analysis

The balance sheet looks solid with $366.6M in cash comfortably exceeding the $70.5M debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Free cash flow comes in at $49.1M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 9.7% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.5% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $920.0M (2022) to $839.0M (2025).

Axcelis Technologies, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Axcelis Technologies, Inc. and its sector.

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