Saturday 17 October 2026 Export ASYS’s income statement to Excel — free account

Amtech Systems, Inc.

ASYS Technology Semiconductor Equipment & Materials

Amtech Systems, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $79.4 million, down 21.6% from fiscal 2024. In the quarter to June 2026, revenue grew 14.5%, EPS grew 1,386.5%, free cash flow fell 47.8% and total debt fell 15.0%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

12.80 0.65 −4.83%

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Market cap: $235.5M
P/E: 47.9×
Fwd P/E: 57.8×
Dividend yield: —
F-score: 2/9
Altman Z: 1.22
Beneish M: −4.73
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.08

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	1	1	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 16.84%

Capital & Financial Ratios $m

Market Cap 235.48

Revenue 81.67

Net Income 4.00

Free Cash Flow 8.81

Net Debt (83.00)

Current Ratio 5.41

Debt/Equity 0.00

P/E ratio 47.85

Fwd P/E 57.80

P/S ratio 2.42

P/B ratio 1.71

Past 5Y EPS Growth —

This Y EPS Growth 115.09%

Next Y EPS Growth 173.44%

Next Y revenue growth 8.11%

Next 5Y EPS Growth 20.00%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 64.04%

10-year low 10-year high

P/S against its own 10 years 92.15%

10-year low 10-year high

P/B against its own 10 years 80.13%

10-year low 10-year high

EV/Sales against its own 10 years 85.33%

10-year low 10-year high

EV/FCF against its own 10 years 63.63%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2017	Powerpack

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	13	11	18	83
Receivables	27	22	20	20
Inventory	35	27	19	20
Other	6	4	4	4
	81	65	60	128

	2023	2024	2025	Q'26
Payables	11	5	8	10
ST’ Debt	2	0	0	—
Other	8	9	6	6
	30	20	20	24

Compound Annual Growth %

	10y	5y	3y
Sales	(2.75%)	3.93%	(9.28%)
Cash Flow	0.00%	0.00%	14.82%
Earnings	0.00%	0.00%	0.00%
Book Value	(3.03%)	(8.12%)	(18.43%)

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	19	20	22	—	—
’25	24	16	20	20	79
’24	25	25	27	24	101
’23	22	33	31	28	113
’22	26	28	20	32	106
’21	18	20	23	24	85
’20	21	14	15	15	65

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	4	2	1	—	—
’25	3	0	3	2	8
’24	5	0	4	1	10
’23	(3)	(3)	(2)	(1)	(8)
’22	2	(3)	5	0	5
’21	0	0	(3)	(3)	(6)
’20	0	1	(2)	(1)	(2)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	4	2	1	—	—
’25	3	0	2	2	7
’24	4	2	0	1	8
’23	(3)	(4)	(3)	(2)	(11)
’22	2	(3)	25	(1)	24
’21	0	(1)	(3)	(5)	(9)
’20	0	1	(3)	(2)	(4)

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	0.01	0.08	0.10	—	—
’25	0.02	(2.23)	0.01	0.07	(2.12)
’24	(0.66)	0.07	0.03	(0.04)	(0.60)
’23	(0.20)	0.23	(0.07)	(0.85)	(0.89)
’22	0.07	0.14	0.73	0.30	1.22
’21	0.05	(0.02)	0.03	0.05	0.11
’20	(0.14)	(0.83)	(0.01)	(0.14)	(1.11)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	4.00	3.99	4.03	4.35	3.55	6.25	6.66	3.59	3.37	3.20	Analyst estimates 2026–2028 Powerpack
	High	7.83	15.45	11.53	7.21	7.96	15.78	13.45	11.98	6.96	13.26
People
People	Employees	470	455	468	415	296	296	327	405	328	264
	Revenue/emp, $m	0.26	0.18	0.21	0.20	0.22	0.29	0.33	0.28	0.31	0.30
Income, $m
Income, $m	Revenue	120	83	100	85	65	85	106	113	101	79
	Gross margin, %	28.31	37.44	36.90	39.23	37.34	40.53	37.17	31.37	35.80	34.00
	EBT	(5)	4	10	6	(3)	3	19	(15)	(8)	(28)
	EBT margin, %	(4.53)	4.34	9.92	6.78	(4.76)	4.03	17.67	(13.40)	(7.42)	(35.27)
	Net income	(9)	8	5	(5)	(16)	2	17	(13)	(8)	(30)
	Depreciation	3	2	2	2	1	1	2	5	9	23
Per share, $
Per share, $	Revenue	9.14	6.21	6.75	5.97	4.62	6.01	7.59	8.06	7.12	5.55
	Earnings	(0.53)	0.68	0.36	(0.36)	(1.11)	0.11	1.24	(0.89)	(0.60)	(2.12)
	Cash flow	(0.74)	2.55	(0.93)	0.01	(0.12)	(0.42)	0.37	(0.55)	0.69	0.55
	Capex	0.32	(0.09)	0.29	(0.05)	(0.19)	(0.21)	1.34	(0.21)	(0.15)	(0.06)
	Free cash flow	(0.42)	2.45	(0.63)	(0.04)	(0.31)	(0.63)	1.71	(0.75)	0.54	0.49
	Book value	4.96	6.76	6.28	6.14	5.76	6.04	7.02	6.28	5.80	3.73
	Shares, m	13	13	15	14	14	14	14	14	14	14
Valuation, ×
Valuation, ×	P/E	0.00	18.87	15.00	0.00	0.00	103.91	6.80	0.00	0.00	0.00
	P/S	0.54	2.04	0.78	0.89	1.06	1.90	1.12	0.94	0.81	1.67
	P/B	1.00	1.87	0.84	0.86	0.85	1.89	1.21	1.20	1.00	2.48
	EV/Sales	0.39	1.23	0.38	0.33	0.45	1.67	0.77	0.92	0.71	1.45
	EV/FCF	(8.50)	3.10	(4.02)	(51.64)	(6.76)	(15.88)	3.42	(9.82)	9.34	16.49
Cash, $m
Cash, $m	Operating cash flow	(10)	34	(14)	0	(2)	(6)	5	(8)	10	8
	Capex	4	(1)	4	(1)	(3)	(3)	19	(3)	(2)	(1)
	Free cash flow	(6)	33	(9)	(1)	(4)	(9)	24	(11)	8	7
Balance, $m
Balance, $m	Working capital	45	71	83	78	69	66	80	51	44	40
	Total debt	10	8	6	6	5	13	10	20	0	0
	Net debt	(18)	(67)	(40)	(48)	(40)	(20)	(37)	6	(11)	(18)
	Shareholders’ equity	65	90	93	87	82	86	98	88	82	53
Returns, %
Returns, %	ROA	(5.75)	5.89	3.11	(3.74)	(13.76)	1.38	13.87	(9.30)	(6.62)	(28.58)
	ROIC	(10.51)	9.80	7.15	7.70	(0.73)	3.53	17.65	(9.87)	(5.88)	(49.77)
	ROE	(10.16)	11.72	5.78	(5.72)	(18.61)	1.80	18.88	(13.48)	(9.94)	(44.68)

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
COHU Cohu, Inc.	$2.6B	— (loss-making)	— (loss-making)	+38.37% (above 0%: growing)	n/m	−39.36% (below 0%: shrinking)	45.36%	0.20%	Compare
UCTT Ultra Clean Holdings, Inc.	$2.5B	— (loss-making)	98.9×	+24.31% (above 0%: growing)	n/m	−558.40% (below 0%: shrinking)	16.08%	4.57%	Compare
AEHR Aehr Test Systems	$2.3B	— (loss-making)	— (loss-making)	+33.69% (above 0%: growing)	n/m	+133.16% (above 0%: growing)	42.57%	(6.40%)	Compare
ICHR Ichor Holdings, Ltd.	$1.8B	— (loss-making)	93.0×	+22.68% (above 0%: growing)	n/m	−59.76% (below 0%: shrinking)	13.90%	2.44%	Compare
PLAB Photronics, Inc.	$1.7B	9.7×	14.0×	+2.69% (above 0%: growing)	+25.00% (above 0%: growing)	+56.06% (above 0%: growing)	33.20%	21.06%	Compare
ASYS Amtech Systems, Inc.	$235.5M	47.9×	57.8×	+14.45% (above 0%: growing)	+1,386.49% (above 0%: growing)	−47.84% (below 0%: shrinking)	50.01%	9.86%
INTT inTest Corporation	$167.1M	107×	55.7×	+25.54% (above 0%: growing)	n/m	+614.26% (above 0%: growing)	40.49%	1.03%	Compare
ATOM Atomera Incorporated	$129.8M	— (loss-making)	— (loss-making)	+3,850.00% (above 0%: growing)	n/m	−11.32% (below 0%: shrinking)	83.54%	(4,277.85%)	Compare
TRT Trio-Tech International	$53.7M	— (loss-making)	— (loss-making)	+39.92% (above 0%: growing)	n/m	+118.83% (above 0%: growing)	18.61%	(1.78%)	Compare
Median of peers	$1.7B	—	74.4×	+29.62%	—	+22.37%	36.85%	0.62%

All 29 Semiconductor Equipment & Materials stocks →

Amtech Systems, Inc. (ASYS) key facts

Concern: Amtech Systems, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $79.4 million, down 21.6% from fiscal 2024.
Amtech Systems, Inc. (ASYS) is a Semiconductor Equipment & Materials company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, ASYS traded at $12.80, a market capitalization of $235.5 million.
Return on equity was −44.7% and debt-to-equity 0.00.
Its Piotroski F-score is 2 out of 9 and its Altman Z-score is 1.22 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.