AXCELIS TECHNOLOGIES INC

For the period ended Dec 31, 2024. Filed Feb 28, 2025.

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.

FY2024 · Filed Feb 28, 2025

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, 2024 and 2023

(In thousands, except per share amounts)


· December 31, · December 31,
· · 2024 · · 2023
ASSETS
Current assets:
Cash and cash equivalents	$123,512	$167,297
Short-term investments	447,831	338,851
Accounts receivable, net	203,149	217,964
Inventories, net	282,225	306,482
Prepaid income taxes	6,420	—
Prepaid expenses and other current assets	60,471	49,397
Total current assets	1,123,608	1,079,991
Property, plant and equipment, net	53,784	53,971
Operating lease assets	29,621	30,716
Finance lease assets, net	15,346	16,632
Long-term restricted cash	7,552	6,654
Deferred income taxes	68,277	53,428
Other assets	50,593	40,575
Total assets	$1,348,781	$1,281,967
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$46,928	$54,400
Accrued compensation	25,536	31,445
Warranty	13,022	14,098
Income taxes	—	6,164
Deferred revenue	94,673	164,677
Current portion of finance lease obligation	1,345	1,511
Other current liabilities	26,018	12,834
Total current liabilities	207,522	285,129
Long-term finance lease obligation	42,329	43,674
Long-term deferred revenue	43,501	46,208
Other long-term liabilities	42,639	42,074
Total liabilities	335,991	417,085
Commitments and contingencies (Note 16)
Stockholders’ equity:
Common stock, $0.001 par value, 75,000 shares authorized; 32,365 shares issued and outstanding at December 31, 2024; 32,685 shares issued and outstanding at December 31, 2023	32	33
Additional paid-in capital	548,654	547,189
Retained earnings	470,318	319,506
Accumulated other comprehensive loss	(6,214)	(1,846)
Total stockholders’ equity	1,012,790	864,882
Total liabilities and stockholders’ equity	$1,348,781	$1,281,967

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.