Axcelis Q4 revenue $238M, GAAP EPS $1.10; guides Q1 ~$195M revenue

AXCELIS TECHNOLOGIES INC

2025-FY EPS reported $3.80 revenue$839,048,000

Q4 2025 revenue $238M (down 5.6% YoY); GAAP EPS $1.10, non-GAAP $1.49.
Full-year 2025 revenue $839M (down 17.6%); GAAP EPS $3.80, non-GAAP $4.88.
Q4 GAAP gross margin 47.0%, non-GAAP 47.3%; record CS&I revenue cited.
CEO: Memory demand improving; expects Q1 2026 revenue ~$195M, GAAP EPS ~$0.38, non-GAAP ~$0.71.
Generated >$100M free cash flow in 2025; returned >$120M to shareholders.

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