--- title: "Axcelis | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 198.96 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/285656812.md" datetime: "2026-05-08T03:15:11.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285656812.md) - [en](https://longbridge.com/en/news/285656812.md) - [zh-HK](https://longbridge.com/zh-HK/news/285656812.md) --- # Axcelis | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 198.96 M Revenue: As of FY2026 Q1, the actual value is USD 198.96 M, beating the estimate of USD 195.03 M. EPS: As of FY2026 Q1, the actual value is USD 0.3, missing the estimate of USD 0.4367. EBIT: As of FY2026 Q1, the actual value is USD 4.78 M. #### First Quarter 2026 Financial Highlights 亚舍立科技 (Axcelis Technologies, Inc.) reported total revenue of $198,956 thousand for Q1 2026, an increase from $192,563 thousand in Q1 2025. #### Revenue by Segment - Product revenue for Q1 2026 was $188,008 thousand, up from $182,824 thousand in Q1 2025. - Services revenue was $10,948 thousand in Q1 2026, compared to $9,739 thousand in Q1 2025. #### Profitability - GAAP gross profit for Q1 2026 was $80,581 thousand, a decrease from $88,768 thousand in Q1 2025. - The GAAP gross margin was 40.5% in Q1 2026, down from 46.1% in Q1 2025. - The non-GAAP gross margin was 40.7% in Q1 2026, compared to 46.4% in Q1 2025. - GAAP operating income decreased to $7,950 thousand in Q1 2026 from $29,159 thousand in Q1 2025. - The GAAP operating margin was 4.0% in Q1 2026, a decrease from 15.1% in Q1 2025. - The non-GAAP operating margin was 11.7% in Q1 2026, down from 18.5% in Q1 2025. - GAAP net income was $9,214 thousand in Q1 2026, a decrease from $28,579 thousand in Q1 2025. - Non-GAAP net income was $22,425 thousand in Q1 2026, compared to $34,197 thousand in Q1 2025. #### Operating Costs - Total cost of revenue increased to $118,375 thousand in Q1 2026 from $103,795 thousand in Q1 2025. - Total operating expenses were $72,631 thousand in Q1 2026, up from $59,609 thousand in Q1 2025. - Research and development expenses were $28,516 thousand in Q1 2026, compared to $27,128 thousand in Q1 2025. - Sales and marketing expenses were $17,354 thousand in Q1 2026, compared to $15,124 thousand in Q1 2025. - General and administrative expenses were $26,761 thousand in Q1 2026, compared to $17,357 thousand in Q1 2025. #### Other Financial Metrics - Adjusted EBITDA was $27,748 thousand in Q1 2026, down from $40,001 thousand in Q1 2025. - 亚舍立科技 ended the first quarter with approximately $570 million in cash and investments. - Cash and cash equivalents were $150,829 thousand as of March 31, 2026, compared to $145,451 thousand as of December 31, 2025. - Short-term investments were $215,771 thousand and long-term investments were $203,339 thousand as of March 31, 2026. #### Cash Flow - Net cash provided by operating activities was $18,139 thousand in Q1 2026, a decrease from $39,795 thousand in Q1 2025. - Net cash used in investing activities was -$10,639 thousand in Q1 2026, compared to net cash provided of $40,469 thousand in Q1 2025. - Net cash used in financing activities was -$1,397 thousand in Q1 2026, compared to -$20,110 thousand in Q1 2025. #### Outlook / Guidance 亚舍立科技 anticipates 2026 revenue to be relatively flat compared to 2025, with growth in Memory offsetting continued capacity digestion in Power and General Mature markets. For the second quarter ending June 30, 2026, the company expects revenues of approximately $205 million. 亚舍立科技 also expects to complete its merger with Veeco in the second half of 2026. ### Related Stocks - [ACLS.US](https://longbridge.com/en/quote/ACLS.US.md) ## Related News & Research - [Zedge Q3 2026 Earnings Preview](https://longbridge.com/en/news/289381005.md) - [ABB Ltd: ABB share buybacks - June 4, 2026 – June 10, 2026](https://longbridge.com/en/news/289436946.md) - [Soybean Analysis: 2026 Market Volatility and Trend](https://longbridge.com/en/news/289444628.md) - [Gamehaus Holdings Inc. Announces Unaudited Financial Results for the Third Quarter of Fiscal 2026 Ended March 31, 2026 | GMHS Stock News](https://longbridge.com/en/news/289035965.md) - [HONEYWELL REAFFIRMS 2026 OUTLOOK AHEAD OF HONEYWELL AEROSPACE SPIN-OFF; INITIATES 2026 OUTLOOK FOR HONEYWELL TECHNOLOGIES | HON Stock News](https://longbridge.com/en/news/289035994.md)