Amtech Systems (ASYS)
NASDAQ:ASYS
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.1Last Year’s EPS
0.01Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Q2 2026
Earnings Call Date:May 07, 2026|
% Change Since:
|
Earnings Call Sentiment|Positive
The call was decidedly positive: strong revenue growth (+30% YoY, +8% QoQ), improved gross margins (~+300 bps), an adjusted EBITDA beat ($2.5M, ~12% of sales), rising cash ($24.4M) and very strong AI-driven bookings and mix shift (AI >30% of TPS revenue, expected >40% in Q3). Recurring parts & service growth and operational improvements (semi-fabless model, higher capacity with minimal CapEx) support sustainable margin expansion. Headwinds are present but manageable: weakness in specific PR Hoffman products (SiC customers), limited historical visibility due to short lead times (improving), modest FX losses ($0.3M), incremental SG&A and inventory, and potential component price pressure. Overall, positives materially outweigh the negatives.Company Guidance
Revenue Growth
Total revenue of $20.5 million in Q2 fiscal 2026, up over 30% year-over-year and up 8% sequentially.
Adjusted EBITDA and Margin Beat
Adjusted EBITDA of $2.5 million (~12% of sales), an increase of $1.1 million sequentially and $3.9 million year-over-year; margin materially ahead of guidance (company had guided to high-single-digit EBITDA margins).
Gross Margin Expansion
Gross margin improved to roughly 47.7%–48% in Q2, up nearly 300 basis points from ~44.8%–45% in Q1, driven by product mix and scale.
Stronger Cash Position and No Debt
Unrestricted cash and equivalents of $24.4 million at quarter end, up $2.3 million sequentially and $11.0 million year-over-year; company continues to carry no debt.
AI Demand Driving Mix Shift
AI-related sales accounted for over 30% of Thermal Processing Solutions (TPS) revenue in Q2, with management expecting AI to exceed 40% of TPS revenue in Q3; bookings for AI applications were described as very strong.
Bookings Exceeding Sales and Improved Visibility
Second consecutive quarter where company-wide bookings exceeded sales; management noted increasing multi-quarter bookings (improved visibility versus historical short lead times).
Recurring Parts & Service Growth
TPS parts and service up 10% sequentially and 56% year-over-year; Intrepix parts & service revenue up ~40% year-over-year, supporting higher-margin recurring revenue.
SFS Revenue Recovery
Semiconductor Fabrication Solutions (SFS) revenue of $5.7 million in Q2, up 15% versus the prior quarter and prior-year quarter.
Operational and Capacity Improvements
Transition to a semi-fabless model and product-line rationalization (consolidated manufacturing from seven to four facilities) improving operating leverage; current production capacity of nine reflow systems per week and ability to scale with minimal CapEx.
Product Roadmap and Commercial Momentum
Planned launch of next-generation higher-density packaging equipment at SEMICON Taiwan in early September to expand addressable market and support growth beyond 2026.
Leadership Additions
Appointments announced: Tom Sabol as CFO (joining May 14) and Guy Shechter as President and COO (joining May 19), strengthening management for growth execution.
ASYS Earnings History
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
ASYS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $18.21 | $21.49 | +18.01% |
Feb 05, 2026 | $15.87 | $11.12 | -29.93% |
Dec 10, 2025 | $9.34 | $10.99 | +17.67% |
Aug 06, 2025 | $4.51 | $4.48 | -0.67% |
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 Amtech Systems (ASYS) report earnings?
Amtech Systems (ASYS) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Amtech Systems (ASYS) earnings time?
Amtech Systems (ASYS) earnings time is at Aug 12, 2026, 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 ASYS EPS forecast?
ASYS EPS forecast for the fiscal quarter 2026 (Q3) is 0.1.