Axcelis (ACLS) Nosedives 16.7% on Dismal 2025

We recently published 10 Losing Stocks in an Otherwise Optimistic Market. Axcelis Technologies Inc. (NASDAQ:ACLS) was one of the worst performers on Wednesday.

Axcelis ended two straight days of gains on Wednesday, slashing 16.74 percent to finish at $82.01 apiece as investor sentiment was dampened by a dismal earnings performance in both the full-year and fourth quarter of 2025.

In an updated report, Axcelis Technologies Inc. (NASDAQ:ACLS) said that net profit last year fell by 40.2 percent to $120.2 million from $200.99 million in 2024. Revenues declined by 17.5 percent to $839 million from $1.018 billion year-on-year.

In the fourth quarter alone, net profit decreased by 31 percent to $34.3 million from $49.9 million, while revenues dipped by 5 percent to $238 million from $252 million.

Axcelis Technologies Inc. (NASDAQ:ACLS) President and CEO Russell Low said that the company exited 2025 on a strong note.

“We achieved another record quarter of CS&I (customer solutions and innovation) revenue, reflecting the strength of our growing installed base and our strategic focus on driving upgrades and service contracts. We continue to execute with discipline, particularly as our customers navigate a mixed demand environment in Power and General Mature markets. At the same time, we are encouraged by the improving demand trends in our Memory market and expect this momentum to continue in 2026,” Low added.

While we acknowledge the potential of ACLS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.