---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-073971"
form_type: "8-K"
ticker: "ACLS"
cik: "0001113232"
company_name: "AXCELIS TECHNOLOGIES INC"
filed_at: "2025-08-05T23:59:59+00:00"
generated_at: "2026-05-17T20:25:32.122244+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Axcelis Q2 revenue falls 24% YoY to $194.5M; GAAP EPS $0.98, non-GAAP $1.13

## Summary
- Revenue $194.5M vs $256.5M YoY; GAAP diluted EPS $0.98 vs $1.55, non-GAAP $1.13 vs $1.73.
- GAAP gross margin 44.9% (up from 43.8% YoY); non-GAAP gross margin 45.2% (up from 44.3%).
- Q3 guidance: revenue ~$200M, GAAP EPS ~$0.87, non-GAAP EPS ~$1.00.
- Share repurchases totaled $45M in Q2; CEO cites 'cyclical digestion period' in many markets.

## SEC filing metadata
- accession: 0001104659-25-073971
- form_type: 8-K
- ticker: ACLS
- cik: 0001113232
- company_name: AXCELIS TECHNOLOGIES INC
- filed_at: 2025-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1113232/000110465925073971/0001104659-25-073971-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1113232/000110465925073971/tm2522083d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-073971
- JSON: https://secwatch.observer/filing/0001104659-25-073971.json
- Plain text: https://secwatch.observer/filing/0001104659-25-073971.txt

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