Company Analysis

Axcelis Technologies, Inc. (ACLS)

Nasdaq: ACLS · Special Industry Machinery, NEC · Beverly, MA · filing with the SEC since 2000
Grade5.7
◀ Past 6.7● Present 6.2▶ Future 4.1

The grade of Axcelis Technologies, Inc.

Nine metrics read from its own filings, by tense
Headline grade
5.7/10
◀ Past6.730% of the headline
● Present6.240% of the headline
▶ Future4.130% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

6.7/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 85th percentile among 13 sector filers · read for itself

From the record

Axcelis Technologies, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.6/10

What has it actually done, year after year?

+13.6% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 56th percentile among 13 sector filers · read for its customers

From the record

Axcelis Technologies, Inc.'s 10 filed years say what it did: revenue went from $267 million in fiscal 2016 to $839 million in fiscal 2025, up 13.6% a year; it rose in 6 of 9 years; the deepest fall was 26% from fiscal 2023 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span13.6%top 35% of its family
  • the share of years revenue rosebottom 42% of its family
  • the share of filed years with a profittop 27% of its family
  • the deepest fall from a revenue peak25.8%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
6.2/10

How has it treated the people who own it?

Share count shrank 1.9% a year. 56% of cash flow returned. Insiders: 23 sales, 0 purchases.

weight 22% of this tense · 62nd percentile among 11 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Axcelis Technologies, Inc.'s diluted share count shrank about 1.9% a year, and dividends and buybacks returned about 56% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 23 sales (4 under scheduled 10b5-1 plans) and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 35% of its family
  • cash returned against operating cash flowtop 41% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.2/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.9/10

Is it financially healthy right now?

ROE 12%: 12¢ of profit per shareholder dollar. Leverage 24%: owes 24¢ per asset dollar.

weight 45% of this tense · 69th percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Axcelis Technologies, Inc. earned about 12 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 28 cents per dollar of everything the company owns. Leverage: it owed about 24 cents per dollar of assets, and net share issuance: its share count shrank 3.2% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 27% of its family
  • return on equitytop 27% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforetop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.0/10

How strong is its position in its industry?

top 40% of 13 in its family; net margin 14.3%.

weight 33% of this tense · 60th percentile among 13 sector filers · read for its customers

From the record

Axcelis Technologies, Inc.'s standing among 13 graded names in its industry family: revenue of $839 million in fiscal 2025 ranks in the top 21% by size; a net margin of 14.3% ranks in the top 27%; revenue growth of -3% a year over the last 3 filed years ranks in the bottom 27% (its annual reports).

What it rests on

  • revenue against the family$839Mtop 21% of its family
  • net margin14.3%top 27% of its family
  • three-year revenue growth-3.0%bottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.1/10

What are the people in charge doing?

top 49% of 12 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 51st percentile among 12 sector filers · read for its shareholders

From the record

Axcelis Technologies, Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Low, Russell (PRESIDENT AND CEO, as filed), filing under that title since 2023-05-16, 3.5 years (top 46% of its family); the 16 officers and directors filing in the last fifteen months have been on the record a median of 3.3 years (bottom 29%); 5 officer or director changes were reported on Form 8-K since 2023-11-13, against the 16 people in charge now (top 29%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge5 in three years among 16 peopletop 29% of its family
  • the median years the people in charge have filed3.3 yearsbottom 29% of its family
  • the chief executive's years on the record3.5 yearstop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.1/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.9/10

How much room does it have to grow?

bottom 49% of 13 in its family for room to expand.

weight 45% of this tense · 49th percentile among 13 sector filers · read for itself

From the record

Axcelis Technologies, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $145 million against no long-term debt tagged leaves 10.7% of its assets as net cash, bottom 27% of its family; cash from operations less capital spending is 12.8% of revenue (top 42%); a gross margin of 44.9% (top 50%); research spending of 13% of revenue (top 37%) (its annual report).

What it rests on

  • cash less debt against assets10.7%bottom 27% of its family
  • cash from operations less capital spending against revenue12.8%top 42% of its family
  • gross margin44.9%top 50% of its family
  • research spending against revenue13.0%top 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.2/10

What could actually drive growth from here?

bottom 42% of 13 in its family for growth drivers.

weight 33% of this tense · 42nd percentile among 13 sector filers · read for its customers

From the record

Axcelis Technologies, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -3% a year over the last three filed years against 13.6% over all 10, slowing (bottom 12% of its family); the newest year grew -17.6% (bottom 12%); research spending grew 11.6% a year (top 35%); capital spending grew 1.9% a year (top 21%) (its annual reports). Axcelis Technologies, Inc. reported 3 product lines in fiscal 2025: Product at $792 million (93%), Services at $47 million (6%), Other Products Systems Services and Royalties at $15 million (2%); 1 of 3 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-16.6 points a yearbottom 12% of its family
  • the newest year's revenue growth-17.6%bottom 12% of its family
  • three-year growth of research spending11.6%top 35% of its family
  • three-year growth of capital spending1.9%top 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
2.2/10

Did its newest year beat what its own record pointed to?

bottom 22% of 13 in its family for expectations against reality.

weight 22% of this tense · 22nd percentile among 13 sector filers · read for its shareholders

From the record

Axcelis Technologies, Inc.'s newest year against its own record: revenue of $839 million in fiscal 2025 came in 21.6% below the $1.1 billion its prior three years' pace pointed to (bottom 4% of its family); net income of $120 million against a prior three-year average of $210 million (bottom 35%); a net margin of 14.3% against 20.5% before (bottom 27%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-21.6%bottom 4% of its family
  • net income against the prior three years' average-43%bottom 35% of its family
  • net margin against its prior average-6.1 pointsbottom 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ACLS · research, not advice