Axcelis Q4 revenue beats estimates

Axcelis Technologies

17/02/2026 21:10

Overview

Semiconductor equipment maker's Q4 revenue of $238 mln beat analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company achieved record CS&I revenue, driven by strong aftermarket strategy

Outlook

Axcelis expects Q1 2026 revenue of approximately $195 mln

Company projects Q1 2026 GAAP EPS of $0.38

Axcelis anticipates Q1 2026 non-GAAP EPS of $0.71

Result Drivers

RECORD CS&I REVENUE - Axcelis reported record CS&I revenue, driven by a strong aftermarket strategy and a growing installed base

MIXED DEMAND - Co said customers are navigating a mixed demand environment in Power and General Mature markets

IMPROVING MEMORY MARKET - Axcelis noted improving demand trends in the Memory market

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$238.33 mln
$215.04 mln (6 Analysts)
Q4 Adjusted EPS
Beat
$1.49
$1.12 (6 Analysts)
Q4 EPS
$1.10
Q4 Net Income
$34.30 mln
Q4 Gross Profit
$111.93 mln
Q4 Operating Profit
$36.17 mln
Q4 Pretax Profit
$40.02 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy."

Wall Street's median 12-month price target for Axcelis Technologies Inc is $97.50, about 3.1% above its February 13 closing price of $94.55

The stock recently traded at 21 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nPn7WMGF4a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)