Axcelis Technologies, Inc. (ACLS) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 935.68M | 943.2M | 984.03M | 1.06B | 1.11B | 1.12B | 1.12B | 1.08B | 1.11B | 1.08B | 1.02B | 950.17M | 934.44M | 877.64M | 775.14M | 679.73M | 648.71M | 619.25M | 570.14M | 514.13M |
| Cash & Short-Term Investments | 366.6M | 374.25M | 449.56M | 549.84M | 587.06M | 571.34M | 579.41M | 548.31M | 530.19M | 506.15M | 461.01M | 452.86M | 444.7M | 432.17M | 342.13M | 287.17M | 297.14M | 294.92M | 271.08M | 219.73M |
| Cash Only | 150.83M | 145.45M | 187.5M | 173.65M | 183.96M | 123.51M | 120.07M | 145.17M | 133.96M | 167.3M | 142.3M | 132.5M | 164.48M | 185.59M | 308.55M | 287.17M | 297.14M | 294.92M | 271.08M | 219.73M |
| Short-Term Investments | 215.77M | 228.8M | 262.06M | 376.19M | 403.1M | 447.83M | 459.34M | 403.14M | 396.23M | 338.85M | 318.71M | 320.36M | 280.22M | 246.57M | 33.58M | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 161.81M | 168.48M | 147.64M | 138.84M | 164.95M | 203.15M | 183.54M | 188.08M | 208.54M | 217.96M | 192.33M | 159.2M | 189.6M | 169.77M | 173.89M | 146.12M | 118.99M | 104.41M | 78.26M | 79.54M |
| Days Sales Outstanding | 74.71 | 61.01 | 61.69 | 71.05 | 86.02 | 70.47 | 66.63 | 70.35 | 76.89 | 60.83 | 55.32 | 57.93 | 63.66 | 59.42 | 64.23 | 54.54 | 49.38 | 40.85 | 41.08 | 48.03 |
| Inventory | 326.05M | 329.01M | 324.34M | 310.77M | 295.85M | 282.23M | 290.95M | 283.09M | 312.17M | 306.48M | 312.22M | 299.84M | 262.05M | 242.41M | 226.51M | 213.06M | 203.84M | 194.98M | 196.81M | 192.32M |
| Days Inventory Outstanding | 249.02 | 237.77 | 234.09 | 257.47 | 250.62 | 193.59 | 180.13 | 187.95 | 206.49 | 165.09 | 173.11 | 165.73 | 151.34 | 137.8 | 160.66 | 155.49 | 157.67 | 155.1 | 178.68 | 200.4 |
| Other Current Assets | 81.22M | 71.46M | 57.8M | 59.52M | 59.46M | 60.47M | 57.44M | 54.74M | 54.54M | 49.4M | 49.48M | 38.27M | 38.09M | 33.3M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 438.86M | 418.15M | 367.91M | 259.01M | 226.68M | 225.17M | 216.03M | 210.08M | 201.17M | 201.98M | 186.65M | 171.55M | 145.38M | 136M | 131.12M | 132.01M | 133.49M | 133.99M | 140.83M | 146.51M |
| Property, Plant & Equipment | 99.51M | 99.23M | 101.92M | 100.64M | 100.83M | 98.75M | 100.51M | 97.32M | 98.9M | 101.32M | 95.23M | 92.46M | 69.25M | 69.75M | 68.94M | 65.04M | 63.82M | 63.45M | 60.59M | 58.2M |
| Fixed Asset Turnover | 2.00x | 2.37x | 2.11x | 1.93x | 1.93x | 2.53x | 2.59x | 2.61x | 2.52x | 3.16x | 3.11x | 3.39x | 3.65x | 3.84x | 3.42x | 3.43x | 3.20x | 3.32x | 2.97x | 2.60x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 203.34M | 182.4M | 143.21M | 31.11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 55.5M | 56.63M | 52.75M | 54.82M | 56.52M | 58.15M | 56.58M | 57.31M | 47.75M | 47.23M | 47.1M | 40.15M | 40.7M | 34.54M | 33.81M | 33.25M | 33.45M | 35.09M | 36.04M | 36.92M |
| Total Assets | 1.37B | 1.36B | 1.35B | 1.32B | 1.34B | 1.35B | 1.34B | 1.29B | 1.31B | 1.28B | 1.2B | 1.12B | 1.08B | 1.01B | 906.26M | 811.74M | 782.2M | 753.24M | 710.98M | 660.64M |
| Asset Turnover | 0.15x | 0.18x | 0.16x | 0.15x | 0.14x | 0.19x | 0.20x | 0.20x | 0.19x | 0.25x | 0.25x | 0.25x | 0.24x | 0.28x | 0.27x | 0.28x | 0.27x | 0.28x | 0.26x | 0.23x |
| Asset Growth % | 2.53% | 0.93% | 1.03% | 2.72% | 2.6% | 5.21% | 11.35% | 14.86% | 21% | 26.47% | 32.6% | 38.19% | 38.05% | 34.57% | 27.47% | 22.87% | 24.3% | 20.59% | 20.37% | 12.25% |
| Total Current Liabilities | 203.91M | 197.66M | 198.99M | 177.11M | 200.37M | 207.52M | 252.26M | 244.18M | 276.57M | 285.13M | 261.18M | 248.46M | 267.94M | 248.13M | 207.86M | 152.97M | 147.5M | 150.14M | 137.19M | 106.47M |
| Accounts Payable | 51.56M | 42.31M | 52.47M | 37.11M | 38.98M | 46.93M | 54.05M | 45.78M | 39.85M | 54.4M | 60.06M | 60.5M | 60.47M | 62.35M | 54.02M | 49.41M | 50.76M | 38.02M | 35.5M | 40.7M |
| Days Payables Outstanding | 35.68 | 34.49 | 33.02 | 32.3 | 37.25 | 34.1 | 31.33 | 27.04 | 31.46 | 30.54 | 34.1 | 35.68 | 36.85 | 34.2 | 37.8 | 37.36 | 35.1 | 29.11 | 34.99 | 44.36 |
| Short-Term Debt | 1.65M | 1.57M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 68.35M | 65.49M | 81.49M | 89.83M | 110.46M | 94.67M | 138.68M | 148.39M | 164.7M | 164.68M | 148.3M | 138.89M | 156.88M | 123.47M | 101.17M | 62.69M | 60.48M | 60.45M | 54.5M | 34.11M |
| Other Current Liabilities | 82.36M | 88.28M | 63.53M | 48.73M | 49.56M | 64.58M | 58.14M | 48.55M | 43.66M | 58.38M | 50.8M | 41.1M | 36.11M | 56.78M | 50.96M | 39.45M | 33.49M | 49.8M | 45.65M | 30.18M |
| Current Ratio | 4.59x | 4.77x | 4.95x | 6.01x | 5.56x | 5.41x | 4.45x | 4.42x | 4.00x | 3.79x | 3.89x | 3.82x | 3.49x | 3.54x | 3.73x | 4.44x | 4.40x | 4.12x | 4.16x | 4.83x |
| Quick Ratio | 2.99x | 3.11x | 3.32x | 4.26x | 4.08x | 4.05x | 3.29x | 3.26x | 2.87x | 2.71x | 2.69x | 2.62x | 2.51x | 2.56x | 2.64x | 3.05x | 3.02x | 2.83x | 2.72x | 3.02x |
| Cash Conversion Cycle | 288.04 | 264.3 | 262.76 | 296.22 | 299.4 | 229.96 | 215.43 | 231.27 | 251.92 | 195.37 | 194.33 | 187.97 | 178.15 | 163.02 | 187.09 | 172.67 | 171.94 | 166.85 | 184.77 | 204.07 |
| Total Non-Current Liabilities | 125.99M | 129.01M | 132.81M | 124M | 113.01M | 128.47M | 110.27M | 109.28M | 128.31M | 131.96M | 139.54M | 129.22M | 110.06M | 98.25M | 83.52M | 71.84M | 75.43M | 64.14M | 62.1M | 60.06M |
| Long-Term Debt | 40.31M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 40.75M | 41.17M | 41.57M | 41.96M | 42.33M | 42.67M | 43M | 43.33M | 43.67M | 44.07M | 44.45M | 44.83M | 45.19M | 45.51M | 45.82M | 46.13M | 46.41M | 46.67M | 46.92M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 85.68M | 44.81M | 44.21M | 42.51M | 42.18M | 42.64M | 42.25M | 40.65M | 41.26M | 42.07M | 41.74M | 41.12M | 20.38M | 21.76M | 16.59M | 17.15M | 14.94M | 9.74M | 11.69M | 11.73M |
| Total Liabilities | 329.9M | 326.67M | 331.8M | 301.1M | 313.38M | 335.99M | 362.53M | 353.46M | 404.88M | 417.08M | 400.72M | 377.68M | 378M | 346.38M | 291.37M | 224.81M | 222.92M | 214.28M | 199.3M | 166.54M |
| Total Debt | 41.96M | 42.33M | 42.67M | 43M | 43.33M | 43.67M | 44.07M | 44.46M | 44.83M | 45.19M | 45.51M | 45.82M | 46.13M | 46.41M | 46.67M | 46.92M | 47.17M | 47.39M | 47.59M | 47.79M |
| Net Debt | -108.87M | -103.12M | -144.83M | -130.65M | -140.63M | -79.84M | -76M | -100.71M | -89.13M | -122.11M | -96.79M | -86.68M | -118.35M | -139.18M | -261.88M | -240.24M | -249.97M | -247.53M | -223.49M | -171.94M |
| Debt / Equity | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.07x | 0.07x | 0.08x | 0.08x | 0.08x | 0.09x | 0.09x | 0.10x |
| Debt / EBITDA | 3.39x | 1.04x | 1.45x | 1.28x | 1.29x | 0.74x | 0.87x | 0.78x | 0.74x | 0.55x | 0.61x | 0.69x | 0.85x | 0.79x | 0.83x | 0.82x | 0.91x | 0.96x | 1.22x | 1.79x |
| Net Debt / EBITDA | -8.79x | -2.54x | -4.93x | -3.90x | -4.20x | -1.36x | -1.50x | -1.78x | -1.48x | -1.48x | -1.29x | -1.30x | -2.17x | -2.36x | -4.67x | -4.21x | -4.83x | -5.01x | -5.72x | -6.44x |
| Interest Coverage | 6.15x | 30.95x | - | 26.83x | 25.20x | 41.58x | 42.53x | 39.44x | 42.01x | 67.22x | 54.10x | 47.23x | 37.96x | 45.61x | 39.91x | 43.32x | 32.23x | 36.84x | 28.68x | 18.86x |
| Total Equity | 1.04B | 1.03B | 1.02B | 1.02B | 1.03B | 1.01B | 975.59M | 934.95M | 901.74M | 864.88M | 800.97M | 744.04M | 701.82M | 667.26M | 614.89M | 586.93M | 559.27M | 538.96M | 511.68M | 494.1M |
| Equity Growth % | 1.69% | 2.16% | 4.57% | 9.35% | 13.92% | 17.1% | 21.8% | 25.66% | 28.49% | 29.62% | 30.26% | 26.77% | 25.49% | 23.8% | 20.17% | 18.79% | 14.69% | 11.91% | 11.07% | 11.03% |
| Book Value per Share | 33.72 | 33.24 | 32.44 | 31.85 | 31.77 | 31.15 | 29.86 | 28.53 | 27.39 | 26.18 | 24.16 | 22.42 | 21.08 | 20.06 | 18.42 | 17.49 | 16.46 | 15.85 | 15.01 | 14.40 |
| Total Shareholders' Equity | 1.04B | 1.03B | 1.02B | 1.02B | 1.03B | 1.01B | 975.59M | 934.95M | 901.74M | 864.88M | 800.97M | 744.04M | 701.82M | 667.26M | 614.89M | 586.93M | 559.27M | 538.96M | 511.68M | 494.1M |
| Common Stock | 31K | 31K | 31K | 31K | 32K | 32K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 33K | 34K |
| Retained Earnings | 512.75M | 503.54M | 488.77M | 487.16M | 485.67M | 470.32M | 432.43M | 396.72M | 358.3M | 319.51M | 261.52M | 206.81M | 156.01M | 118.89M | 70.89M | 39.58M | 4.02M | -22.72M | -50.02M | -70.28M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -5.33M | -2.2M | -1.61M | -479K | -5.49M | -6.21M | -2.22M | -4.48M | -3.57M | -1.85M | -4.16M | -2.93M | -1.92M | -1.97M | -5.77M | -2.09M | 588K | 1.76M | 1.75M | 2.67M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |