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AXCELIS TECHNOLOGIES INC (ACLS)

Income Statement Business | Product | Geographic

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15
   10-K10-K10-K10-K10-K10-K10-K10-K
Revenues:  
    Other systems and services  21.916.917.816.920.819.5 18.9
    Other  898.1645.5456.8326.0421.7391.1 282.6
Total revenues   [+]920.0662.4474.6343.0442.6410.6267.0301.5
            Revenue growth   [+]38.9%39.6%38.4%-22.5%7.8%53.8%-11.4%48.5%
Cost of goods sold   [+]518.2376.0276.0198.8262.9260.3167.4199.8
Gross profit  401.8286.4198.6144.2179.6150.299.6101.7
            Gross margin  43.7%43.2%41.8%42.0%40.6%36.6%37.3%33.7%
Selling, general and administrative   [+]111.193.778.766.067.859.348.348.4
Research and development  78.465.461.853.951.943.134.432.6
Equity in earnings          
EBITDA   [+]224.0138.168.032.165.752.821.225.6
            EBITDA margin  24.3%20.9%14.3%9.4%14.9%12.9%7.9%8.5%
Depreciation and amortization  11.610.89.97.95.85.04.34.9
EBIT   [+]212.4127.358.024.260.047.816.920.7
            EBIT margin  23.1%19.2%12.2%7.1%13.5%11.7%6.3%6.9%
Non-recurring items        0.30.0
Interest expense, net   [+]1.04.64.52.22.84.44.84.9
Other income (expense), net   [+]-6.5-2.32.3-1.1-2.50.4-0.8-0.6
Pre-tax income  204.9120.455.920.954.743.811.015.2
Income taxes  21.821.85.93.98.8-83.10.00.5
            Tax rate  10.6%18.1%10.6%18.6%16.1% 0.2%3.5%
Net income  183.198.750.017.045.9127.011.014.7
            Net margin  19.9%14.9%10.5%5.0%10.4%30.9%4.1%4.9%
   
Basic EPS   [+]$5.54$2.94$1.50$0.52$1.42$4.11$0.38$0.51
Diluted EPS   [+]$5.46$2.88$1.46$0.50$1.35$3.80$0.36$0.49
   
Shares outstanding (basic)   [+]33.033.633.332.632.330.929.228.6
Shares outstanding (diluted)   [+]33.534.334.133.834.033.430.930.2
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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