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Axcelis Technologies Inc. (ACLS) Stock Fundamental Analysis & AI Rating 2026

ACLS Nasdaq Special Industry Machinery, NEC DE CIK: 0001113232
Updated This Month • Analysis: Mar 19, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
80% Confidence
AGREEMENT
STRONG BUY
85% Conf
BUY
76% Conf

📊 ACLS Key Takeaways

Revenue: $839.0M
Net Margin: 14.3%
Free Cash Flow: $107.0M
Current Ratio: 4.77x
Debt/Equity: 0.01x
EPS: $3.80
AI Rating: STRONG BUY with 85% confidence
Axcelis Technologies Inc. (ACLS) receives a BUY rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $839.0M, net profit margin of 14.3%, and return on equity (ROE) of 11.6%, Axcelis Technologies Inc. demonstrates strong fundamentals in the Industrial sector. Below is our complete ACLS stock analysis for 2026.

Is Axcelis Technologies Inc. (ACLS) a Good Investment?

Claude

Axcelis demonstrates exceptional financial health with fortress-like liquidity (4.77x current ratio, 0.01x debt/equity) and strong operational efficiency (14.3% net margin, 88.6x interest coverage). The company generates substantial free cash flow ($107M, 12.8% FCF margin) with minimal capital requirements, providing significant capital deployment flexibility for shareholder returns or strategic investments.

ChatGPT

Axcelis shows solid underlying fundamentals with healthy gross profitability, positive free cash flow generation, and an exceptionally strong balance sheet supported by high liquidity and minimal leverage. The main constraint is growth quality: revenue and net income are flat while diluted EPS has fallen sharply, which suggests weakening per-share earnings power or share-count-related pressure. Overall, the company appears financially resilient and operationally sound, but sustained upside in the fundamentals depends on reaccelerating revenue growth and stabilizing margins.

Why Buy Axcelis Technologies Inc. Stock? ACLS Key Strengths

Claude
  • + Exceptional balance sheet strength with minimal leverage and $145.5M cash
  • + Robust free cash flow generation at $107M with healthy 12.8% FCF margin
  • + Consistent profitability with 14.3% net margin and 14.2% operating margin
  • + Outstanding liquidity position with 4.77x current ratio and 3.11x quick ratio
  • + Strong interest coverage of 88.6x indicates minimal financial distress risk
  • + Reliable operating cash flow of $118.3M with efficient capital allocation
ChatGPT
  • + Strong balance sheet with very low long-term debt and a 0.01x debt-to-equity ratio
  • + Healthy profitability profile with 44.9% gross margin and double-digit operating and net margins
  • + Positive cash generation with $107.01M of free cash flow and limited capital expenditure needs

ACLS Stock Risks: Axcelis Technologies Inc. Investment Risks

Claude
  • ! Revenue stagnation at 0.0% YoY growth despite operational efficiency indicates market saturation or competitive headwinds
  • ! Diluted EPS declined 38.2% YoY suggesting share dilution or one-time charges masking underlying earnings quality
  • ! Modest ROE of 11.6% and ROA of 8.8% indicate below-average returns on shareholder capital
  • ! Zero revenue growth in specialty machinery sector may reflect cyclical demand or loss of market share
  • ! Heavy reliance on operational discipline rather than organic growth suggests limited expansion opportunities
ChatGPT
  • ! Flat revenue and net income indicate stalled growth momentum
  • ! Diluted EPS declined 38.2% year over year, signaling weaker per-share earnings quality
  • ! Operating margin of 14.2% leaves earnings exposed if end-market demand softens or costs rise

Key Metrics to Watch

Claude
  • * Revenue growth trajectory and market demand indicators for specialty machinery equipment
  • * Free cash flow sustainability and trends in capital expenditure requirements
  • * Gross margin expansion/contraction as proxy for pricing power and production efficiency
  • * Debt levels and capital structure changes given significant cash position
  • * Return on equity improvement through either margin expansion or working capital optimization
ChatGPT
  • * Revenue growth and backlog/order conversion
  • * Operating margin and diluted EPS trend

Axcelis Technologies Inc. (ACLS) Financial Metrics & Key Ratios

Revenue
$839.0M
Net Income
$120.2M
EPS (Diluted)
$3.80
Free Cash Flow
$107.0M
Total Assets
$1.4B
Cash Position
$145.5M

💡 AI Analyst Insight

Strong liquidity with a 4.77x current ratio provides a solid financial cushion.

ACLS Profit Margin, ROE & Profitability Analysis

Gross Margin 44.9%
Operating Margin 14.2%
Net Margin 14.3%
ROE 11.6%
ROA 8.8%
FCF Margin 12.8%

ACLS vs Industrial Sector: How Axcelis Technologies Inc. Compares

How Axcelis Technologies Inc. compares to Industrial sector averages

Net Margin
ACLS 14.3%
vs
Sector Avg 10.0%
ACLS Sector
ROE
ACLS 11.6%
vs
Sector Avg 15.0%
ACLS Sector
Current Ratio
ACLS 4.8x
vs
Sector Avg 1.8x
ACLS Sector
Debt/Equity
ACLS 0.0x
vs
Sector Avg 0.7x
ACLS Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Axcelis Technologies Inc. Stock Overvalued? ACLS Valuation Analysis 2026

Based on fundamental analysis, Axcelis Technologies Inc. has mixed fundamental signals relative to the Industrial sector in 2026.

Return on Equity
11.6%
Sector avg: 15%
Net Profit Margin
14.3%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.01x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Axcelis Technologies Inc. Balance Sheet: ACLS Debt, Cash & Liquidity

Current Ratio
4.77x
Quick Ratio
3.11x
Debt/Equity
0.01x
Debt/Assets
24.0%
Interest Coverage
88.64x
Long-term Debt
$13.7M

ACLS Revenue & Earnings Growth: 5-Year Financial Trend

ACLS 5-year financial data: Year 2021: Revenue $662.4M, Net Income N/A, EPS $0.50. Year 2022: Revenue $920.0M, Net Income N/A, EPS $1.46. Year 2023: Revenue $1.1B, Net Income N/A, EPS $2.88. Year 2024: Revenue $1.1B, Net Income N/A, EPS $5.46. Year 2025: Revenue $1.1B, Net Income $246.3M, EPS $7.43.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Axcelis Technologies Inc.'s revenue has grown significantly by 71% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.43 reflects profitable operations.

ACLS Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
12.8%
Free cash flow / Revenue

ACLS Quarterly Earnings & Performance

Quarterly financial performance data for Axcelis Technologies Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $213.6M $26.0M $0.83
Q2 2025 $194.5M $28.6M $0.98
Q1 2025 $192.6M N/A $0.88
Q3 2024 $256.6M N/A $1.49
Q2 2024 $256.5M N/A $1.55
Q1 2024 $252.4M N/A $1.43
Q3 2023 $229.2M N/A $1.21
Q2 2023 $221.2M N/A $1.32

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Axcelis Technologies Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$118.3M
Cash generated from operations
Stock Buybacks
$121.1M
Shares repurchased (TTM)
Capital Expenditures
$11.3M
Investment in assets
Dividends
None
No dividend program

ACLS SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Axcelis Technologies Inc. (CIK: 0001113232)

📋 Recent SEC Filings

Date Form Document Action
Apr 2, 2026 4 xslF345X06/form4-04022026_050404.xml View →
Mar 31, 2026 DEF 14A tm261420-1_def14a.htm View →
Mar 26, 2026 4 xslF345X06/form4-03262026_050303.xml View →
Mar 12, 2026 8-K tm268674d1_8k.htm View →
Mar 3, 2026 4 xslF345X05/form4-03032026_050312.xml View →

Frequently Asked Questions about ACLS

What is the AI rating for ACLS?

Axcelis Technologies Inc. (ACLS) has a Combined AI Rating of BUY from Claude (STRONG BUY) and ChatGPT (BUY) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are ACLS's key strengths?

Claude: Exceptional balance sheet strength with minimal leverage and $145.5M cash. Robust free cash flow generation at $107M with healthy 12.8% FCF margin. ChatGPT: Strong balance sheet with very low long-term debt and a 0.01x debt-to-equity ratio. Healthy profitability profile with 44.9% gross margin and double-digit operating and net margins.

What are the risks of investing in ACLS?

Claude: Revenue stagnation at 0.0% YoY growth despite operational efficiency indicates market saturation or competitive headwinds. Diluted EPS declined 38.2% YoY suggesting share dilution or one-time charges masking underlying earnings quality. ChatGPT: Flat revenue and net income indicate stalled growth momentum. Diluted EPS declined 38.2% year over year, signaling weaker per-share earnings quality.

What is ACLS's revenue and growth?

Axcelis Technologies Inc. reported revenue of $839.0M.

Does ACLS pay dividends?

Axcelis Technologies Inc. does not currently pay dividends.

Where can I find ACLS SEC filings?

Official SEC filings for Axcelis Technologies Inc. (CIK: 0001113232) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is ACLS's EPS?

Axcelis Technologies Inc. has a diluted EPS of $3.80.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is ACLS a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Axcelis Technologies Inc. has a BUY rating with 80% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is ACLS stock overvalued or undervalued?

Valuation metrics for ACLS: ROE of 11.6% (sector avg: 15%), net margin of 14.3% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy ACLS stock in 2026?

Our dual AI analysis gives Axcelis Technologies Inc. a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is ACLS's free cash flow?

Axcelis Technologies Inc.'s operating cash flow is $118.3M, with capital expenditures of $11.3M. FCF margin is 12.8%.

How does ACLS compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 14.3% (avg: 10%), ROE 11.6% (avg: 15%), current ratio 4.77 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI