Axcelis Technologies 2025 Q3 Earnings Revenue Falls 16.7% as Net Income Plummets 46.5%

Generated by AI AgentDaily EarningsReviewed byAInvest News Editorial Team
Friday, Nov 7, 2025 8:27 am ET1min read
Aime RobotAime Summary

- Axcelis reported 16.7% revenue drop and 46.5% net income decline in Q3 2025.

- Q4 guidance of $215M signals continued weak demand amid China’s 46% revenue share.

- Strategic merger with Veeco aims to strengthen silicon carbide and compound semiconductor markets.

- Record customer support revenue and sequential silicon carbide shipment growth highlight long-term electrification and AI-driven demand.

Axcelis Technologies reported fiscal 2025 Q3 earnings that fell short of expectations, with revenue declining 16.7% year-over-year and net income shrinking by 46.5%. The company guided for Q4 revenue of ~$215 million, aligning with its Q3 performance but signaling continued moderation in demand through year-end.

Revenue

Axcelis Technologies reported total revenue of $213.61 million in Q3 2025, a 16.7% decline from $256.56 million in Q3 2024. The decrease was driven by lower sales in China, which fell to 46% of total revenue from 55% in the prior quarter, and weaker performance in power and general mature markets.

Earnings/Net Income

, . , down 46.5% from $48.58 million. The EPS decline reflects a challenging operating environment, with product mix and lower-margin system installations weighing on profitability. This performance indicates a significant deterioration in earnings quality.

Post-Earnings Price Action Review

Following the earnings report, , . Month-to-date, , reflecting investor caution amid soft guidance. The mixed price action underscores uncertainty about the company’s ability to reverse declining revenue trends and navigate headwinds in key markets like China and general mature segments.

Additional News

Axcelis announced a with

, aiming to create a leading company. The deal is expected to enhance market presence in and compound semiconductors, leveraging cross-sell synergies. Meanwhile, the company highlighted record Customer Support & , driven by strong demand for spares and . Additionally, Axcelis noted sequential growth in , positioning it to benefit from long-term adoption trends in electrification and AI-driven power applications.

Revenue

Earnings/Net Income

Guidance

Additional News

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