AXCELIS TECHNOLOGIES INC

For the period ended Dec 31, 2025. Filed Feb 26, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 26, 2026

ACLS$106.79-0.8%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets — December 31, 2025 and 2024

(In thousands, except per share amounts)


· · December 31, · · December 31,
· · 2025 · · 2024
ASSETS
Current assets:
Cash and cash equivalents	$145,451	$123,512
Short-term investments	228,802	447,831
Accounts receivable, net	168,479	203,149
Inventories, net	329,010	282,225
Prepaid income taxes	4,658	6,420
Prepaid expenses and other current assets	66,802	60,471
Total current assets	943,202	1,123,608
Property, plant and equipment, net	56,146	53,784
Operating lease assets	28,927	29,621
Finance lease assets, net	14,154	15,346
Long-term restricted cash	10,627	7,552
Deferred income taxes	79,895	68,277
Long-term investments	182,396	—
Other assets	46,004	50,593
Total assets	$1,361,351	$1,348,781
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$42,309	$46,928
Accrued compensation	34,233	25,536
Warranty	9,516	13,022
Income taxes	11,383	—
Deferred revenue	65,494	94,673
Current portion of finance lease obligation	1,575	1,345
Other current liabilities	33,150	26,018
Total current liabilities	197,660	207,522
Long-term finance lease obligation	40,754	42,329
Long-term deferred revenue	43,445	43,501
Other long-term liabilities	44,815	42,639
Total liabilities	326,674	335,991
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $0.001 par value, 75,000 shares authorized; 30,717 shares issued and outstanding at December 31, 2025; 32,365 shares issued and outstanding at December 31, 2024	31	32
Additional paid-in capital	533,309	548,654
Retained earnings	503,539	470,318
Accumulated other comprehensive loss	(2,202)	(6,214)
Total stockholders’ equity	1,034,677	1,012,790
Total liabilities and stockholders’ equity	$1,361,351	$1,348,781

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.