Axcelis Technologies, Inc.

ACLSNASDAQTechnology● Active

$155.61

+$8.45(+5.74%)

Market Cap$4.8B

P/E Ratio—

52W High$171.61

52W Low$59.99

Avg Volume683K

Open$153.16

Beta1.92

Free Cash Flow Financials Revenue

Axcelis Technologies, Inc. (ACLS) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

ACLS · free cash flow · updated Jun 8, 2026

Core FCF metrics

ACLS · FCF · TTM · margin & CAGR

Free cash flow was $107.0M for FY2025 (fiscal year ending 2025-12-31), down 16.8% year-over-year The FCF margin was 12.8%. Five-year CAGR stands at +11.4%.

FY2025 Free Cash Flow$107.0M▼ -16.8% YoY

Trailing 12M (TTM)$88.5Mtrailing 4 quarters sum

FCF Margin12.8%$107.0M ÷ revenue

3-Year CAGR-19.5%FY2022 → FY2025

5-Year CAGR+11.4%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

ACLS · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$118.3M(11M)$107.0M▼ 16.8%12.8%

FY2024$140.8M(12M)$128.6M▼ 5.6%12.6%

FY2023$156.9M(21M)$136.2M▼ 33.5%12.1%

FY2022$215.6M(11M)$204.9M▲ +44.9%22.3%

FY2021$150.2M(9M)$141.5M▲ +127.2%21.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

ACLS · P/FCF · FCF yield · FCF per share

Axcelis Technologies, Inc. (ACLS) trades at a FCF yield of 1.85% and a price-to-free-cash-flow ratio of 55.6x. FCF per share stands at $2.80, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

1.85%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$2.80

TTM FCF ÷ Shares Outstanding

Price / FCF

x55.6

Share Price ÷ FCF per Share

EV / FCF (TTM)

x52.8

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

ACLS · cash flow statement · operating / investing / financing

For FY2025, Axcelis Technologies, Inc. generated $118.3M in operating cash flow and spent 11M in capital expenditures, yielding $107.0M in free cash flow.

Operating Activities

+$118.3M

Cash from core business operations

2025-12-31

Investing Activities

+$29.9M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$124.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($118.3M) − |CapEx| (11M) = FCF ($107.0M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Technology)

ACLS vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Axcelis Technologies, Inc.YOU

ACLS

$107.0M-16.8%12.8%

Taiwan Semiconductor Manufacturing Company Limited

Microsoft Corporation

Technology · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Axcelis Technologies, Inc. (ACLS) reported free cash flow of $107.0M for FY2025 (fiscal year ending 2025-12-31), down 16.8% year-over-year. The FCF margin was 12.8%.

Based on available data, Axcelis Technologies, Inc. has maintained positive free cash flow for at least 10 fiscal year(s). FCF peaked at $204.9M in FY2022. The 5-year CAGR stands at +11.4%.

Axcelis Technologies, Inc.'s FCF yield is 1.85% and price-to-FCF ratio is 55.6x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

ACLS free cash flow · 8 questions

Axcelis Technologies, Inc. free cash flow was $107.0M for FY2025, down 16.8% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $88.5M.

ACLS free cash flowACLS FCFACLS FCF 2025ACLS free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Axcelis Technologies, Inc. · Axcelis Technologies, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026