---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-014531"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:27:20.585142+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Axcelis posts record annual revenue $920M (+39% YoY), EPS $5.46; guides FY23 revenue >$1B

## Summary
- Record full year revenue of $920M (up 39% vs 2021); net income $183.1M, diluted EPS $5.46 (vs $2.88).
- Q4 revenue $266.1M (+16% QoQ), diluted EPS $1.71 (vs $1.21 Q3); Q4 gross margin 41.2%.
- Year-end record backlog $1.1B; systems revenue up 52% to $692.1M.
- Q1 2023 guidance: revenue ~$240M, gross margin ~41.5%, EPS ~$1.25; FY23 revenue expected >$1B.
- New long-term $1.3B revenue model introduced; cash and equivalents $432.2M.

## SEC filing metadata
- accession: 0001104659-23-014531
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2023-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113232/000110465923014531/0001104659-23-014531-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465923014531/tm235597d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-014531
- JSON: https://secwatch.observer/filing/0001104659-23-014531.json
- Plain text: https://secwatch.observer/filing/0001104659-23-014531.txt

## Key facts
- Earnings Releases
  AXCELIS TECHNOLOGIES INC updated its fourth quarter and full year ended December 31, 2022 guidance (raised).
  - Period: fourth quarter and full year ended December 31, 2022
  - Guidance: raised
  - Result: reported results
  source text: On February 8, 2023, Axcelis Technologies, Inc. (the "Company") issued a press release regarding its financial results for its fourth quarter and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1113232/000110465923014531/0001104659-23-014531-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.