AMTECH SYSTEMS (ASYS) Company Report

Amtech Systems reported Q1 2026 revenue of $19 million and GAAP net income of $0.1 million, or $0.01 per share.
The company achieved a gross margin of 44.8% in Q1 2026, an increase from 38.4% in Q1 2025 and 44.4% in Q4.
AI-related products accounted for 35% of thermal processing solutions segment revenue, up from 30% in the prior quarter, and the overall book-to-bill ratio was 1.1.
Amtech generated $4.1 million in cash from operations, marking its ninth consecutive quarter of positive operating cash flow, and ended Q1 2026 with a cash balance of $22.1 million without debt.
For Q2 2026, the company expects revenue in the range of $19 million-$21 million, with AI-related equipment sales anticipated to drive the majority of this growth.

2 days ago

Transcript

Amtech Systems Reports Q1 2026 Financial Results

ASYS

Earnings

Guidance Update

Revenue Acceleration/Inflection

Amtech Systems reported Q1 2026 revenue of $19 million and GAAP net income of $0.1 million or $0.01 per share.
The company achieved its ninth consecutive quarter of positive operating cash flow, generating $4.1 million from operations and ending the quarter with $22.1 million in unrestricted cash and no debt.
Gross margin increased to 44.8% in Q1 2026 from 38.4% in the prior year, reflecting benefits from product line rationalization and a semi-fabless manufacturing model.
AI-related products were a key growth driver, representing 35% of Thermal Processing Solutions (TPS) segment revenue and contributing to an overall book-to-bill ratio of 1.1.
For Q2 2026, revenue is projected to be between $19 million and $21 million, with AI-related equipment sales expected to drive most of this growth.

2 days ago

Transcript

Amtech Systems Reports Q1 2026 Financial Results and Q2 2026 Guidance

ASYS

Earnings

Guidance Update

CFO Change

Amtech Systems reported Q1 2026 revenue of $19 million and Adjusted EBITDA of $1.4 million, both within guidance.
The company's gross margin increased to 44.8% in Q1 2026, up from 38.4% in the prior year and 44.4% in Q4 2025.
AI-related products drove 35% of thermal processing solutions segment revenue and contributed to an overall book-to-bill ratio of 1.1.
Amtech ended Q1 2026 with a cash balance of $22.1 million and generated $4.1 million in operating cash flow, marking its ninth consecutive quarter of positive operating cash flow.
For Q2 2026, the company expects revenue between $19 million and $21 million, with AI-related equipment sales anticipated to drive growth.

2 days ago

Transcript

Amtech Systems Reports Fiscal Q1 2026 Results

ASYS

Earnings

Guidance Update

Share Buyback

Amtech Systems, Inc. reported net revenue of $19.0 million and GAAP net income of $0.1 million for the first quarter ended December 31, 2025.
The company generated $4.1 million in cash from operations and ended the quarter with $22.1 million in cash , marking the ninth consecutive quarter of positive operating cash flow.
Customer orders reached $20.7 million, exceeding revenues with a book-to-bill ratio of 1.1, driven by strong demand for AI infrastructure equipment which comprised 35% of Thermal Processing Solutions segment revenue.
Amtech Systems, Inc. expects revenues for the second fiscal quarter ending March 31, 2026, to be in the range of $19.0 to $21.0 million.
A share repurchase program, effective December 9, 2025, authorizes the purchase of up to $5 million of common stock, with no shares repurchased as of February 5, 2026.

2 days ago

8-K

Amtech Systems Reports Fiscal 2026 First Quarter Results

ASYS

Earnings

Guidance Update

Share Buyback

Amtech Systems reported net revenue of $19.0 million and GAAP net income of $0.1 million for its fiscal 2026 first quarter ended December 31, 2025.
The company achieved $4.1 million in cash provided by operations, marking its ninth consecutive quarter of positive operating cash flow, and ended the quarter with $22.1 million in cash and no debt.
Customer orders reached $20.7 million, resulting in a book-to-bill ratio of 1.1, primarily driven by strong demand for AI applications.
For the second fiscal quarter ending March 31, 2026, Amtech expects revenues to be in the range of $19.0 million to $21.0 million.
A share repurchase program for up to $5 million of common stock was effectuated on December 9, 2025, though no shares have been repurchased under the program as of February 5, 2026.

2 days ago

Press Release

Amtech Systems Reports Strong Q4 2025 Results, Authorizes Share Repurchase, and Provides Q1 2026 Guidance

ASYS

Earnings

Guidance Update

Share Buyback

CFO Change

Amtech Systems reported Q4 2025 revenue of $19.8 million and Adjusted EBITDA of $2.6 million (13% of revenue), both exceeding guidance. The company ended the quarter with $17.9 million in unrestricted cash and no debt.
AI applications are the primary growth driver, contributing over 30% of thermal processing solutions revenue in Q4 2025, up from 25% in the prior quarter.
The company has realized $13 million in annualized savings from cost reduction initiatives and anticipates an additional $700,000-$1 million in annualized savings from subletting underutilized facilities.
Amtech's Board of Directors authorized a share repurchase program of up to $5 million of the company's common stock for a one-year period.
For Q1 2026, the company expects revenue in the range of $18-$20 million and Adjusted EBITDA margins in the high single digits. Additionally, CFO Wade Jenke submitted his resignation, effective December 29, 2025, and will assist with the transition.

Dec 10, 2025, 10:00 PM

Transcript

Amtech Systems Announces Strong Q4 2025 Results Driven by AI Demand

ASYS

Earnings

Guidance Update

Share Buyback

Amtech Systems reported fiscal fourth quarter 2025 revenue of $19.8 million and Adjusted EBITDA of $2.6 million, or approximately 13% of revenue, both exceeding guidance.
Growth was primarily driven by AI applications, which contributed over 30% of Thermal Processing Solutions revenue in Q4 2025, up from 25% in the prior quarter.
The company ended the quarter with nearly $18 million in cash and no debt, and its Board of Directors authorized a share repurchase program of up to $5 million.
Amtech achieved $13 million in annualized savings from cost reduction initiatives and expects an additional $700,000-$1 million in annualized savings from subletting underutilized factories.
For the first quarter of fiscal 2026, the company forecasts revenue between $18 million and $20 million and adjusted EBITDA margins in the high single digits.
Wade Jenke, CFO, submitted his resignation effective December 29, 2025, and the company plans to launch a search for a new CFO.

Dec 10, 2025, 10:00 PM

Transcript

Amtech Systems Reports Strong Q4 2025 Results, Issues Q1 2026 Guidance, and Announces CFO Departure

ASYS

Earnings

Guidance Update

CFO Change

Amtech Systems reported Q4 2025 revenue of $19.8 million, exceeding guidance, and adjusted EBITDA of $2.6 million, or 13% of revenue, surpassing expectations.
The company ended the quarter with nearly $18 million in cash and no debt, having paid it off last year.
AI applications remain the primary growth driver, contributing over 30% of thermal processing solutions revenue in Q4 2025.
ASYS implemented cost reduction initiatives yielding $13 million in annualized savings and authorized a $5 million share repurchase program.
For Q1 2026, revenue is projected to be $18-$20 million with high single-digit adjusted EBITDA margins. CFO Wade Jenke will resign effective December 29, 2025, with a search for a new CFO initiated.

Dec 10, 2025, 10:00 PM

Transcript

Amtech Systems Reports Fourth Quarter Fiscal 2025 Results and Authorizes Share Repurchase

ASYS

Earnings

Share Buyback

Guidance Update

Amtech Systems reported net revenue of $19.8 million for the fourth quarter of fiscal 2025, with GAAP net income of $1.1 million ($0.07 per diluted share) and non-GAAP net income of $1.4 million ($0.10 per diluted share).
The company generated $2.3 million in cash from operations during the quarter and ended the fiscal year with $17.9 million in cash, an increase from $11.1 million at the end of the prior year.
Strong demand for AI-related products was a key driver, accounting for over 30% of Thermal Processing Solutions segment revenue.
Amtech's Board of Directors authorized a $5 million share repurchase program for common stock over a 12-month period, effective December 10, 2025.
For the first fiscal quarter ending December 31, 2025, the company expects revenues in the range of $18 million to $20 million.

Dec 10, 2025, 9:10 PM

8-K

Amtech Systems Reports Strong Q4 Fiscal 2025 Results and Authorizes Share Repurchase

ASYS

Earnings

Guidance Update

Share Buyback

Amtech Systems reported net revenue of $19.8 million and GAAP net income of $1.1 million for the fourth quarter of fiscal year 2025, with non-GAAP net income reaching $1.4 million.
The company's Q4 fiscal 2025 performance was significantly driven by AI applications, which accounted for over 30% of Thermal Processing Solutions (TPS) segment revenue.
Amtech generated $2.3 million in cash from operations during Q4 fiscal 2025, increasing its cash balance to $17.9 million by year-end.
For the first fiscal quarter ending December 31, 2025, the company anticipates revenues between $18 million and $20 million.
The Board of Directors authorized a $5 million share repurchase program, effective December 10, 2025, for a one-year period.