Axcelis Announces Financial Results for First Quarter 2026
Axcelis reported Q1 revenue of $199.0 million, slightly above expectations, driven by strength in its CS&I business and acceleration in Memory, particularly DRAM and HBM. However, management maintained full-year 2026 guidance for revenue to be relatively flat compared to 2025, citing continued capacity digestion in Power and General Mature markets offsetting Memory growth.
Key figures
- Eps
- 0.3
- Revenue
- 199000000
- Guidance
- Q2 revenue approx $205M; 2026 revenue expected to be relatively flat vs 2025
- Revenue Yoy
- 3.3%
- Non gaap eps
- 0.72
- Adjusted ebitda
- 27748000
- Gaap gross margin
- 40.5%
- Cash and investments
- 570000000
- Gaap operating margin
- 4.0%
- Non gaap gross margin
- 40.7%
- Non gaap operating margin
- 11.7%
AI analysis
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