AXCELIS TECHNOLOGIES INC

Axcelis Technologies, Inc. designs, manufactures, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The company sells its products to leading semiconductor chip manufacturers globally. Its primary product line is the Purion family of products, which are ion implanters. The ion implantation business accounted for 98.2% of Axcelis' revenue in 2025. The remaining 1.8% of revenue came from aftermarket sales related to other legacy processing systems. Beyond equipment sales, Axcelis provides a range of aftermarket lifecycle products and services, including used tools, spare parts, equipment upgrades, maintenance services, and customer training. Axcelis' business began in 1978, and its current corporate entity was incorporated in Delaware in 1995. The company is headquartered in Beverly, Massachusetts. In 2025, Axcelis reported total revenue of $839.0 million, down from $1,017.9 million in 2024. Systems revenue specifically was $571.0 million in 2025, compared to $782.6 million in 2024. The gross margin percentage for 2025 was 44.9%, a slight increase from 44.7% in 2024. Operating profit for 2025 was $119.3 million, compared to $210.8 million in 2024. Net income in 2025 was $120.2 million, compared to $201.0 million in 2024.