The earnings call reflected strong financial performance and strategic execution by Axcelis Technologies, with positive outcomes in revenue, profitability, and market leadership, particularly in silicon carbide and high-energy ion implantation. However, challenges remain with a slight decline in bookings, ongoing softness in the memory market, and subdued demand in the general mature segment. Despite these challenges, the company's strong cost management and balance sheet position it well for future opportunities.

Company Guidance

In the second quarter of 2025, Axcelis Technologies reported robust financial performance, surpassing their revenue and non-GAAP earnings per share (EPS) expectations. The company's revenue reached $195 million, with a non-GAAP EPS of $1.13. Axcelis experienced strong gross margins at 45.2%, driven by better-than-expected warranty and installation costs and favorable systems mix. Bookings totaled $96 million, reflecting a book-to-bill ratio of 0.8x. The company's CS&I segment contributed to 30% of total revenue, while China accounted for 65% of system shipments. Despite the cyclically soft demand environment, Axcelis maintained a non-GAAP operating margin of 17.7% and an adjusted EBITDA margin of 20%. The company anticipates modest improvements in revenue for the second half of 2025 and plans to maintain disciplined cost control to manage macroeconomic uncertainties.

Exceeding Financial Expectations

Axcelis Technologies delivered Q2 2025 revenue of $195 million and non-GAAP earnings per diluted share of $1.13, both exceeding the outlook. The company reported strong gross margins and disciplined cost control.

Strong Demand for Silicon Carbide

Continued firm demand for silicon carbide in China, especially driven by the EV industry. The company anticipates a modest improvement in revenue in the second half of 2025 due to this demand.

High Energy Ion Implantation Leadership

Axcelis remains the market and technology leader in high-energy ion implantation, crucial for next-generation architectures like trench and super junction designs.

Efficient Cost Management

The company maintained a strong adjusted EBITDA margin of approximately 20% for the first half of 2025, reflecting disciplined cost management and robust profitability.

Robust Balance Sheet and Share Repurchases

Axcelis exited the quarter with $581 million in cash, cash equivalents, and marketable securities and repurchased approximately $45 million in shares.

Axcelis Technologies (ACLS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ACLS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2025 (Q3)	1.00 / -	1.49	―	―	―
Aug 05, 2025	2025 (Q2)	0.73 / 1.13	1.55	-27.10% (-0.42)
May 06, 2025	2025 (Q1)	0.39 / 1.04	1.57	-33.76% (-0.53)
Feb 10, 2025	2024 (Q4)	1.25 / 1.54	2.15	-28.37% (-0.61)
Nov 06, 2024	2024 (Q3)	1.43 / 1.49	1.99	-25.13% (-0.50)
Jul 31, 2024	2024 (Q2)	1.37 / 1.55	1.86	-16.67% (-0.31)
May 01, 2024	2024 (Q1)	1.24 / 1.57	1.43	9.79% (+0.14)
Feb 07, 2024	2023 (Q4)	2.02 / 2.15	1.71	25.73% (+0.44)
Nov 01, 2023	2023 (Q3)	1.78 / 1.99	1.21	64.46% (+0.78)
Aug 02, 2023	2023 (Q2)	1.46 / 1.86	1.32	40.91% (+0.54)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ACLS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$70.88	$78.01	+10.06%
May 06, 2025	$52.09	$54.69	+4.99%
Feb 10, 2025	$67.58	$59.30	-12.25%
Nov 06, 2024	$87.95	$87.10	-0.97%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Axcelis Technologies (ACLS) report earnings?

Axcelis Technologies (ACLS) is schdueled to report earning on Oct 29, 2025, After Close (Confirmed).

What is Axcelis Technologies (ACLS) earnings time?

Axcelis Technologies (ACLS) earnings time is at Oct 29, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ACLS EPS forecast?

ACLS EPS forecast for the fiscal quarter 2025 (Q3) is 1.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing