secwatch.observer — SEC 8-K summary
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Issuer:     AXCELIS TECHNOLOGIES INC (ACLS)
CIK:        0001113232
Form:       8-K
Filed at:   2026-02-17T23:59:59+00:00
Accession:  0001104659-26-016391
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1113232/000110465926016391/0001104659-26-016391-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1113232/000110465926016391/tm265450d5_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-016391

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer