Axcelis(US:ACLS)2025-11-04 13:30Q3 2025 Financial Performance - Revenue for Q3 2025 was $213.6 million, with systems revenue contributing $143.7 million and CS&I (Customer Solutions and Innovation) revenue reaching a record $69.9 million[8, 24] - Non-GAAP diluted earnings per share (EPS) for Q3 2025 was $1.21, while GAAP diluted EPS was $0.83[8] - The company's Q3 2025 GAAP gross margin was 41.6%, and the Non-GAAP gross margin was 41.8%[25] - Adjusted EBITDA for Q3 2025 was $43.2 million, representing an Adjusted EBITDA Margin of 20.2%[25] Revenue Breakdown and Market Segment - Mature process technology accounted for 95% of total shipped system revenue in Q3 2025[15] - Power general mature contributed 70% of total shipped system revenue, with 25% specifically from general mature[16] - Silicon Carbide (SiC) power applications made up 52% of shipped system revenue, while other power applications accounted for 18%[12] - Advanced logic contributed 3% and memory 2% of shipped system revenue in Q3 2025[12] - China accounted for 46% of total revenue, followed by the US at 14%, South Korea at 10%, and Europe at 11%[24] Q4 2025 Outlook - The company anticipates Q4 2025 revenue to be approximately $215 million[28] - Non-GAAP gross margin is projected to be around 43.0%, with Non-GAAP operating expenses estimated at $56 million[28] - Adjusted EBITDA for Q4 2025 is expected to be approximately $41 million, and Non-GAAP diluted earnings per share are projected at $1.12[28]