Filing Flows › Amtech Systems (ASYS) › Q3 FY25
Amtech Systems (ASYS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 6, 2025
Amtech Systems (ASYS) reported revenue of $19.6M for the third quarter fiscal 2025 (Q3 FY25), -27% from a year earlier and +26% from the quarter before. Operating margin was 4.7%, net earnings $106K (0.5% of revenue).
Amtech Systems, Q3 FY25: revenue $19.6M (-27% year over year), operating margin 4.7%, net earnings $106K, operating cash flow $2.5M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $19.6M | +26% | -27% |
| Gross profit | $9.1M | — | -6% |
| Operating profit | $915K | — | +12% |
| Net earnings | $106K | — | -76% |
| Operating cash flow | $2.5M | 12× | -31% |
| Free cash flow | $2.0M | +885% | +515% |
What changed
Revenue was $19.6M in Q3 FY25, down 27% year over year and up 26% from the previous quarter.
Gross margin was 46.7%, up 10.2 points from a year earlier. Operating profit was $915K, a 4.7% margin (up 1.6 points year over year). Operating expenses fell 8% while revenue fell 27%. The fastest-growing cost line was Other operating costs (+13%). Net earnings were $106K, down 76% year over year. The effective tax rate was 88.3%.
Operating cash flow was $2.5M (down 31% year over year), 2389% of net earnings. Non-cash charges added back $594K of depreciation and amortization and $300K of share-based compensation. Working capital and other items added $1.5M. Capital expenditures of $552K left free cash flow of $2.0M.
Questions
What was Amtech Systems' revenue in the third quarter fiscal 2025?
Amtech Systems (ASYS) reported revenue of $19.6M for the third quarter fiscal 2025 (Q3 FY25), -27% from a year earlier and +26% from the quarter before.
Was Amtech Systems profitable in the third quarter fiscal 2025?
Operating profit was $915K (4.7% of revenue) and net earnings $106K.
Source: Amtech Systems 10-Q on SEC EDGAR.