Sales growing faster than profits. Since 2022: revenue −8.8%, operating profit −44%.
Since 2022, Axcelis Technologies's revenue changed −8.8% while operating profit fell 44%: costs rose faster than sales.
Share count shrinking. Shares outstanding down 5.8% from December 2022 to August 2026.
Axcelis Technologies had 5.8% fewer shares at August 2026 than at December 2022, mainly through buybacks, so each remaining share owns a larger slice of the business.
Revenue is falling. Revenue fell 3.3% in the 12 months to June 2026 vs the 12 months before.
Axcelis Technologies's revenue fell 3.3% in the 12 months to June 2026 vs the 12 months before.
More volatile share price. Beta 1.85: tends to move more than the market.
Axcelis Technologies's shares have swung more with the market than most peers' (beta 1.85, above the market's 1.0).
StockQuotient Score
50/ 100▲ 1 since Oct 27 closeOct 5 48 → Nov 4 50 (+2)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 43 → 47
Share price -14.3%+5
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Yahoo Finance fallback · no standard SEC debt tagReported value33% base weight · Z-score 0.81Sector median: 0.2495 · MAD: 0.2270
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Axcelis Technologies
Is Axcelis Technologies getting weaker?
Its latest SEC filing (Aug 6, 2026) showed no major changes. Its overall score is 50/100, up 1 since Oct 28, 2026.
How is Axcelis Technologies valued vs its peers?
Priced about in line with its peers. Valuation scores 47/100 against 1,711 technology peers.
Is Axcelis Technologies growing?
More slowly than most of its peers. Growth scores 13/100 against 1,711 technology peers.Earnings per share growth -40.4% vs a peer median of 11.1% (weaker than 87% of peers).Earnings per share growth -40.4% vs peers 11.1% (weaker than 87% of peers).
How profitable is Axcelis Technologies?
More profitable than most of its peers. Profitability scores 63/100 against 1,711 technology peers.Return on assets 6.7% vs a peer median of 2.9% (stronger than 75% of peers).Return on assets 6.7% vs peers 2.9% (stronger than 75% of peers).
How risky is Axcelis Technologies?
Lower risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings.Current ratio 4.90× vs a peer median of 1.83× (stronger than 90% of peers).Current ratio 4.90× vs peers 1.83× (stronger than 90% of peers).Beta 1.85 vs a peer median of 0.87 (weaker than 91% of peers).Beta 1.85 vs peers 0.87 (weaker than 91% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
845.4M USD
866.1M USD
+2.4%
Net income (12 months)
100.9M USD
92.8M USD
−8.0%
Operating margin
11.6%
10.3%
−1.3 pts
Free cash flow (12 months)
88.5M USD
65.6M USD
−25.9%
Cash
150.8M USD
155.0M USD
+2.8%
Shares outstanding
30.7M
30.9M
+0.5%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Valuations in Semiconductor Equipment & Materials are near the top of their range since Feb 2021.
84% of months since Feb 2021 were valued lower than now.
81% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is +95% vs the whole market, against a usual +84%.
Feb 2021Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since Feb 2021; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
43.2%
43.7%
43.5%
44.7%
44.9%
▲ 0.2 pts
Operating margin
19.2%
23.1%
23.5%
20.7%
14.2%
▼ 6.5 pts
Net margin
14.9%
19.9%
21.8%
19.7%
14.3%
▼ 5.4 pts
Return on assets (ROA)
13.1%
18.1%
19.2%
14.9%
8.8%
▼ 6.1 pts
Return on equity (ROE)
18.3%
27.4%
28.5%
19.8%
11.6%
▼ 8.2 pts
Free cash flow margin
21.4%
22.3%
12.0%
12.6%
12.8%
▲ 0.1 pts
Current ratio
4.12×
3.54×
3.79×
5.41×
4.77×
▼ 12%
Quick ratio
2.83×
2.56×
2.71×
4.05×
3.11×
▼ 23%
Interest coverage
26.33×
38.08×
49.71×
38.59×
22.24×
▼ 42%
ACLS price history
Price history is added with the daily price update and will appear after the next one.