Axcelis Technologies, Inc. (ACLS)
The company now
Axcelis reported second-quarter 2026 revenue of $215.2 million on 6 August, up from $194.5 million a year earlier 3.
Profit was lower: net income was $23.3 million against $31.4 million, and gross margin, the share of revenue left after production costs, slipped to 42.4 percent from 44.9 percent 3.
Chief executive Russell Low said demand in memory chips remains robust, and the company now expects revenue growth in 2026, with momentum carrying through to 2027 3.
On 27 October 2026 Axcelis named Jeroen Delsman its chief financial officer, effective 12 November 4.
The open question is its pending merger with Veeco, which still needs final approval from China's market regulator, and both companies expect it to close in the second half of 2026 2.
As of Oct 28, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.
Newer filings are on file since this was written; an update is queued.