- Adjusted EBITDA margin was 20%, reflecting strong profitability despite a soft demand environment.
- Axcelis Technologies reported Q2 2025 revenue of $195 million, exceeding guidance.
- Cash and equivalents stood at $581 million, including $31 million in long-term securities.
- GAAP gross margin was 44.9%, above the expected 41.7%, driven by higher CS&I revenue and cost efficiencies.
- Non-GAAP diluted EPS was $1.13, beating the outlook of $0.73.
- Share repurchases totaled approximately $45 million in Q2, with $168 million remaining authorization.
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