Filing Flows › Amtech Systems (ASYS) › Q1 FY26
Amtech Systems (ASYS) Q1 FY26 earnings results (first quarter fiscal 2026)
10-Q filed Feb 5, 2026
Amtech Systems (ASYS) reported revenue of $19.0M for the first quarter fiscal 2026 (Q1 FY26), -22% from a year earlier and -4% from the quarter before. Operating margin was 4.1%, net earnings $108K (0.6% of revenue).
Amtech Systems, Q1 FY26: revenue $19.0M (-22% year over year), operating margin 4.1%, net earnings $108K, operating cash flow $4.1M. The chart follows the revenue to costs, profit and cash.
| Q1 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.0M | -4% | -22% |
| Gross profit | $8.5M | -4% | -9% |
| Operating profit | $775K | -58% | +129% |
| Net earnings | $108K | -90% | -65% |
| Operating cash flow | $4.1M | +81% | +43% |
| Free cash flow | $3.8M | +89% | +40% |
What changed
Revenue was $19.0M in Q1 FY26, down 22% year over year and down 4% from the previous quarter.
Gross margin was 44.8%, up 6.4 points from a year earlier. Operating profit was $775K, a 4.1% margin (up 2.7 points year over year). Operating expenses fell 14% while revenue fell 22%. Net earnings were $108K, down 65% year over year. The effective tax rate was 84.3%.
Operating cash flow was $4.1M (up 43% year over year), 3799% of net earnings. Non-cash charges added back $614K of depreciation and amortization and $249K of share-based compensation. Working capital and other items added $3.1M. Capital expenditures of $277K left free cash flow of $3.8M.
Questions
What was Amtech Systems' revenue in the first quarter fiscal 2026?
Amtech Systems (ASYS) reported revenue of $19.0M for the first quarter fiscal 2026 (Q1 FY26), -22% from a year earlier and -4% from the quarter before.
Was Amtech Systems profitable in the first quarter fiscal 2026?
Operating profit was $775K (4.1% of revenue) and net earnings $108K.
Source: Amtech Systems 10-Q on SEC EDGAR.