Axcelis Q3 Revenue Hits $237.8M, Guides Q4 to About $275M
Beverly, Mass. – November 05, 2026 -- Axcelis Technologies (Nasdaq: ACLS) reported third-quarter 2026 revenue of $237.8 million and guided fourth-quarter revenue to approximately $275 million, about 16% above the quarter just reported.
Axcelis posts non-GAAP EPS of $1.26 on a 41.2% gross margin
GAAP gross margin was 41.0% and non-GAAP gross margin was 41.2%. GAAP operating margin reached 11.5%, against 16.6% on a non-GAAP basis. Diluted earnings per share came in at $1.21 on a GAAP basis and $1.26 non-GAAP.
Interim CFO David Ryzhik said results exceeded company expectations on stronger shipments and record revenue from Customer Solutions and Installed base (CS&I). He said foreign exchange headwinds weighed on gross margin.