Short answer
AXCELIS TECHNOLOGIES INC (ACLS) filed its Q1 2026 10-Q quarterly report on May 8, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $199M (up 3.3% year over year) with net income of $9M.
Q1 2026 key financials · XBRL
- Revenue
- $199M
- +3.3% YoY
- Net income
- $9M
- Operating margin
- 4.0%
- Gross margin
- 40.5%
- EPS (diluted)
- $0.30
- −65.9% YoY
Source: XBRL data from the AXCELIS TECHNOLOGIES INC (ACLS) Q1 2026 10-Q on SEC EDGAR. USD.
AXCELIS TECHNOLOGIES INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $199.0M, up 3.3% YoY from $192.6M, led by Aftermarket revenue $72.6M vs $55.0M
- Gross margin 40.5% vs 46.1%; operating margin 4.0% vs 15.1%; net margin 4.7% vs 14.8%
- Services worst performer: gross margin (15.5%) vs 4.6%; systems revenue $126.4M vs $137.6M
- Operating cash flow $18.1M vs $39.8M; investments totaled $160.7M, partially offset by $151.9M maturities and sales
- Mature-process investment moderation and tariffs cited as headwinds; Veeco merger expected in second half of 2026
Risk Factors
- No material changes to 2025 Form 10-K risk factors as of March 31, 2026
- No newly added risk factor or quarter-specific trigger disclosed
- Carried-forward regulatory, legal, and compliance risks unchanged from the 2025 Form 10-K
- Carried-forward operational, competitive, and market risks unchanged from the 2025 Form 10-K
- Share repurchase authorization with approximately $110 million remaining as of March 31, 2026
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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