Amtech Systems, Inc.

Amtech Systems, Inc.

ASYS

NASDAQTechnologySemiconductors

Latest quote

$16.91

−$0.69 · -3.92%

ASYS company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

Jul 10, 2026

GoAI Score

Hold

Valuation

46

Fair Value

Sentiment

66

Bullish

Risk

66

High Risk

Momentum

61

Gaining

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Company profile

Company website

Amtech Systems, Inc. (ASYS) is a global provider specializing in the production and sale of advanced capital equipment and associated consumables. These offerings are crucial for manufacturing a diverse array of electronic components, including silicon carbide (SiC) and silicon power devices, analog and discrete devices, electronic assemblies, and light-emitting diodes (LEDs). The company's operations are structured around two primary divisions: 1. The Semiconductor Segment: This division focuses on developing, producing, marketing, and supporting thermal processing systems. Its product line includes solder reflow ovens, diffusion furnaces, and custom high-temperature belt furnaces, which are essential for semiconductor fabrication, as well as applications in electronics, automotive, and other industrial sectors. Additionally, this segment provides equipment and services for wafer polishing. 2. The Material and Substrate Segment: This segment manufactures and supplies both machinery and consumables specifically designed for the precise lapping and polishing of various materials. These materials encompass silicon wafers for semiconductor products; sapphire substrates utilized in LED lighting and mobile technology; silicon carbide wafers for LED and power device applications; different glass and silica components for 3D image transmission; quartz and ceramic components for telecommunications devices; and specialized parts for medical devices, optical, and photonics applications. This division also produces substrate process chemicals vital for diverse manufacturing processes, including those for semiconductors, silicon and compound semiconductor wafers, and optics. Amtech Systems distributes its products globally through a combination of its own direct sales force and an extensive network of independent sales representatives and distributors. Founded in 1981 and headquartered in Tempe, Arizona, the company initially operated as Quartz Engineering & Materials, Inc. before officially adopting the name Amtech Systems, Inc. in 1987.

Industry
Semiconductors
Sector
Technology
Headquarters
US
CEO
Guy Shechter
Listed since
Aug 9, 1983
Employees
264

Market position

Day range

Current $16.91

52-week range

Current $16.91

Open
$17.19
Previous close
$17.60
Volume
36.16K
0.09× average
Average volume
421.42K
Average daily volume
Market cap
295.66M USD
Beta
2.09
Market reference 1
50-day average
$15.4342
+9.56% above average
200-day average
$16.0264
+5.51% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
134.05M USD
P/E (TTM)
61.92×
P/B (TTM)
2.26×
P/S (TTM)
3.62×
EV / EBITDA
-5.31×
Earnings yield
-22.90%
Free cash flow yield
5.23%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
46.86%
Operating margin
8.10%
Net margin
4.23%
Return on equity
-56.81%
Return on assets
-32.65%
Return on invested capital
-38.28%

Financial health

Debt / equity
0.15×
Current ratio
2.94×
Altman Z-score
5.13
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends48%17%-15%-46%Gross margin, FY2021: 40.53%Gross margin, FY2022: 37.17%Gross margin, FY2023: 31.37%Gross margin, FY2024: 35.80%Gross margin, FY2025: 34.00%Operating margin, FY2021: 4.37%Operating margin, FY2022: 16.26%Operating margin, FY2023: -13.21%Operating margin, FY2024: -6.65%Operating margin, FY2025: -35.90%Net margin, FY2021: 1.77%Net margin, FY2022: 16.34%Net margin, FY2023: -11.10%Net margin, FY2024: -8.38%Net margin, FY2025: -38.21%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 40.53%. Gross margin FY2022 37.17%. Gross margin FY2023 31.37%. Gross margin FY2024 35.80%. Gross margin FY2025 34.00%. Operating margin FY2021 4.37%. Operating margin FY2022 16.26%. Operating margin FY2023 -13.21%. Operating margin FY2024 -6.65%. Operating margin FY2025 -35.90%. Net margin FY2021 1.77%. Net margin FY2022 16.34%. Net margin FY2023 -11.10%. Net margin FY2024 -8.38%. Net margin FY2025 -38.21%.

Income trends

Revenue

79.36M USD-21.59%

Operating income

−28.49M USD-323.36%

Net income

−30.33M USD-257.37%
Income trends across reported periods127.68M USD70.22M USD12.77M USD−44.69M USDRevenue, FY2021: 85.21M USDRevenue, FY2022: 106.3M USDRevenue, FY2023: 113.32M USDRevenue, FY2024: 101.21M USDRevenue, FY2025: 79.36M USDOperating income, FY2021: 3.73M USDOperating income, FY2022: 17.29M USDOperating income, FY2023: −14.97M USDOperating income, FY2024: −6.73M USDOperating income, FY2025: −28.49M USDNet income, FY2021: 1.51M USDNet income, FY2022: 17.37M USDNet income, FY2023: −12.58M USDNet income, FY2024: −8.49M USDNet income, FY2025: −30.33M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 85.21M USD. Revenue FY2022 106.3M USD. Revenue FY2023 113.32M USD. Revenue FY2024 101.21M USD. Revenue FY2025 79.36M USD. Operating income FY2021 3.73M USD. Operating income FY2022 17.29M USD. Operating income FY2023 −14.97M USD. Operating income FY2024 −6.73M USD. Operating income FY2025 −28.49M USD. Net income FY2021 1.51M USD. Net income FY2022 17.37M USD. Net income FY2023 −12.58M USD. Net income FY2024 −8.49M USD. Net income FY2025 −30.33M USD.
Financial statements: Income statement
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue79.36M USD101.21M USD113.32M USD106.3M USD85.21M USD
Cost of goods sold52.38M USD64.98M USD77.76M USD66.79M USD50.68M USD
Gross profit26.98M USD36.23M USD35.55M USD39.51M USD34.53M USD
Research and development2.65M USD4.19M USD7.31M USD6.39M USD5.98M USD
Selling, general, and administrative28.95M USD33.81M USD42M USD28.3M USD24.74M USD
Operating expenses55.47M USD42.96M USD50.52M USD22.23M USD30.81M USD
Interest income239K USD57K USD366K USD210K USD53K USD
Interest expense26K USD557K USD520K USD164K USD239K USD
Depreciation and amortization2.74M USD3.03M USD5.01M USD1.73M USD1.4M USD
Operating income−28.49M USD−6.73M USD−14.97M USD17.29M USD3.73M USD
Net income−30.33M USD−8.49M USD−12.58M USD17.37M USD1.51M USD

Company facts updated Oct 8, 2026.

Earnings

EPS beat rate
64%
7 beats, 4 misses, 0 met estimates
Average EPS surprise
-929.58%
11 comparable reports
Latest EPS result
0.14
Estimate 0.1 · Beat by 40.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.33-0.59-1.5-2.42Q1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 0.06, estimate -0.05, surprise +220.00%, Beat. Q2 2025, reported May 12, 2025: actual -2.23, estimate -0.02, surprise -11050.00%, Miss. Q3 2025, reported Aug 6, 2025: actual 0.01, estimate -0.08, surprise +112.50%, Beat. Q4 2025, reported Dec 10, 2025: actual 0.1, estimate -0.03, surprise +433.33%, Beat. Q1 2026, reported Feb 5, 2026: actual 0.03, estimate 0.07, surprise -57.14%, Miss. Q2 2026, reported May 7, 2026: actual 0.1, estimate 0.05, surprise +100.00%, Beat. Q3 2026, reported Aug 5, 2026: actual 0.14, estimate 0.1, surprise +40.00%, Beat. Q4 2026, reported Dec 9, 2026: actual —, estimate 0.14, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates25.38M21.79M18.19M14.6MQ1 '25BeatQ2 '25MissQ3 '25BeatQ4 '25BeatQ1 '26MetQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 5, 2025: actual 24.4M USD, estimate 23.25M USD, surprise +4.95%, Beat. Q2 2025, reported May 12, 2025: actual 15.58M USD, estimate 18.5M USD, surprise -15.78%, Miss. Q3 2025, reported Aug 6, 2025: actual 19.6M USD, estimate 17M USD, surprise +15.29%, Beat. Q4 2025, reported Dec 10, 2025: actual 19.84M USD, estimate 18.4M USD, surprise +7.84%, Beat. Q1 2026, reported Feb 5, 2026: actual 19M USD, estimate 19M USD, surprise 0.00%, Met estimate. Q2 2026, reported May 7, 2026: actual 20.47M USD, estimate 19.5M USD, surprise +4.96%, Beat. Q3 2026, reported Aug 5, 2026: actual 22.38M USD, estimate 21.5M USD, surprise +4.11%, Beat. Q4 2026, reported Dec 9, 2026: actual —, estimate 23.62M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$22.00

30.10% upside
Past 12 months12-month forecastHigh $22.00Average $22.00Low $22.00

Rating distribution

9 ratings
Strong buy00%
Buy556%
Hold333%
Sell111%
Strong sell00%

Recent analyst actions

1 institution
BenchmarkdowngradeBuyHold

ASYS news

Corporate actions

Corporate action history

Stock split

Effective Mar 16, 1999

1:2

Stock split

Effective Apr 16, 1996

2:1

Stock split

Effective Jun 8, 1993

1:2

Stock split

Effective Apr 27, 1988

1:20

ASYS peers

ETFs holding ASYS

Funds reporting this stock among their holdings, ordered by reported position size.

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