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ASML Holding NV vs Axcelis Technologies: ASML and ACLS compared
ASML Holding NV is the larger company: $32.7B of revenue in its latest quarter (FY2025) against $238M for Axcelis Technologies (Q3 2026). ASML Holding NV is growing faster (+16% against +11% a year earlier). ASML Holding NV is more profitable, with an operating margin of 34.6% against 11.5%.
Where the money goes: ASML and ACLS
ASML Holding NV (ASML) · FY2025
ASML Holding NV, FY2025: revenue $32.7B (+16% year over year), operating margin 34.6%, net earnings $9.6B, operating cash flow $12.7B. The chart follows the revenue to costs, profit and cash.
Axcelis Technologies (ACLS) · Q3 2026
Axcelis Technologies, Q3 2026: revenue $238M (+11% year over year), operating margin 11.5%, net earnings $37.8M, operating cash flow $40.2M. The chart follows the revenue to costs, profit and cash.
| ASML Holding NV (ASML) | Axcelis Technologies (ACLS) | |
|---|---|---|
| Latest quarter | FY2025 | Q3 2026 |
| Revenue | $32.7B | $238M |
| Revenue growth, Y/Y | +16% | +11% |
| Gross margin | 52.8% | 41.0% |
| Operating margin | 34.6% | 11.5% |
| Net earnings | $9.6B | $37.8M |
| Net margin | 29.4% | 15.9% |
| Operating cash flow | $12.7B | $40.2M |
| Free cash flow | $11.1B | $37.7M |
| Market value | — | $3.6B |
| P/E | — | 38.6× |
| Analysts’ mean target | — | $132.00 |
Where the revenue comes from
Axcelis Technologies
- Systems: $145M (61%)
- Aftermarket: $92.6M (39%)
Questions
Which is bigger, ASML Holding NV or Axcelis Technologies?
ASML Holding NV is the larger company: $32.7B of revenue in its latest quarter (FY2025) against $238M for Axcelis Technologies (Q3 2026).
Is ASML Holding NV or Axcelis Technologies growing faster?
ASML Holding NV is growing faster (+16% against +11% a year earlier).
Which is more profitable, ASML Holding NV or Axcelis Technologies?
ASML Holding NV is more profitable, with an operating margin of 34.6% against 11.5%.
More: ASML Holding NV earnings · how ASML Holding NV makes money · Axcelis Technologies earnings · how Axcelis Technologies makes money
From the companies' latest 10-Q, 10-K or earnings release (20-F filed Feb 25, 2026; 10-Q filed Nov 5, 2026). Fiscal quarters can end on different dates. Not investment advice.