ACLS Axcelis Technologies (ACLS) Q1 FY26 earnings call
Axcelis Technologies delivered Q1 FY26 results slightly above expectations, driven by robust performance in its CS&I business and a significant uptick in memory market shipments. While general mature and power markets continue to experience digestion, the company sees encouraging demand signals in silicon carbide and memory, setting the stage for a return to growth in 2027. The pending merger with Veeco is progressing, with regulatory approval in China remaining.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
ACLS operating KPIs by quarter
| KPI | This call Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Bookings | $128MBookings were roughly flat on a sequential basis at $128 million but marked our second consecutive quarter of firming order rates.Source: earnings call transcript | $131MBookings were $131 million, slightly higher sequentially, continuing the trend of improving order activity with a book-to-bill ratio of approximately 1x.Source: earnings call transcript | +2.3% |
| Backlog | $453MWe exited the first quarter with a backlog of $453 million.Source: earnings call transcript | $452MWe exited the quarter with total backlog of $452 million.Source: earnings call transcript | -0.2% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.