Earnings summaries and quarterly performance for ACM Research.
Executive leadership at ACM Research.
David H. Wang
Detailed
Chief Executive Officer and President
CEO
FC
Fuping Chen
Detailed
Vice President, Sales—China
JW
Jian Wang
Detailed
Chief Executive Officer and President, ACM Research (Shanghai), Inc.
LF
Lisa Feng
Detailed
Chief Financial Officer, ACM Research (Shanghai), Inc.
MM
Mark McKechnie
Detailed
Chief Financial Officer, Treasurer and Secretary
SC
Sotheara Cheav
Detailed
Senior Vice President, Manufacturing
Board of directors at ACM Research.
Research analysts who have asked questions during ACM Research earnings calls.
EL
Edison Lee
Jefferies LLC
4 questions for ACMR
Also covers: GDS, VNET
Charles Shi
Needham & Company
3 questions for ACMR
Also covers: ACLS, ALTR, AMAT +18 more
Mark Miller
The Benchmark Company LLC
3 questions for ACMR
Also covers: ACLS, AEIS, ASYS +11 more
YS
Yu Shi
Susquehanna International Group, LLP
3 questions for ACMR
Also covers: ACLS, AMAT, AMKR +11 more
JH
Jun Hong
JPMorgan
2 questions for ACMR
Jun Hang
J.P. Morgan
1 question for ACMR
MC
Matt Cook
Potento
1 question for ACMR
SD
Sujeeva De Silva
Roth MKM
1 question for ACMR
Also covers: AEVA, ALAB, AMBA +16 more
SD
Suji Desilva
ROTH MKM
1 question for ACMR
Also covers: AEVA, AKTS, ALAB +18 more
YL
Yongwei Lei
UBS
1 question for ACMR
Recent press releases and 8-K filings for ACMR.
ACM Research Reports Strong Full-Year 2025 Revenue Growth and Provides Optimistic 2026 Outlook
ACMR
Earnings
Guidance Update
New Projects/Investments
- ACM Research reported Q4 2025 revenue of $244 million, an increase of 9.4% year-over-year, and full-year 2025 revenue of $901.3 million, up 15.2% year-over-year.
- The gross margin for Q4 2025 was 41.0% and 44.5% for the full year 2025, with the Q4 margin slightly below the long-term target range of 42%-48% due to product mix and higher inventory provisions.
- For full-year 2026, the company expects revenue between $1.08 billion and $1.175 billion, implying 25% year-over-year growth at the midpoint. Gross margins are anticipated to be at the lower end of the 42%-48% target range in the first half of 2026, with an expected improvement in the second half.
- ACM Research ended 2025 with net cash of $845.5 million, a significant increase from $259.1 million at year-end 2024, partly due to $623 million in net proceeds from a private offering by ACM Shanghai. The company plans approximately $200 million in CapEx for 2026 to support investments in its Lingang and new Oregon facilities.
2 days ago
ACM Research Reports Strong Full-Year 2025 Results and Issues Positive 2026 Revenue Guidance
ACMR
Earnings
Guidance Update
New Projects/Investments
- ACM Research reported full-year 2025 revenue of $901.3 million, a 15.2% increase year-over-year, with net income attributable to ACM Research of $110.2 million and diluted EPS of $1.61.
- The company provided a 2026 revenue outlook of $1.08 billion to $1.175 billion, representing approximately 25% year-over-year growth at the midpoint.
- Gross margin for full-year 2025 was 44.5%, down from 50.4% in 2024, with Q4 2025 at 41.0%; the company expects gross margins to be at the lower end of its 42%-48% long-term target range in H1 2026, with an anticipated lift in H2.
- ACM Research ended 2025 with a strong cash position, including $1.13 billion in cash, cash equivalents, restricted cash, and time deposits, partly bolstered by $623 million in net proceeds from a private offering by ACM Shanghai.
- Strategic investments include accelerating the Oregon facility (operations expected H2 2026) and planning $200 million in CapEx for 2026; new cleaning products are expected to contribute meaningfully to 2026 revenue growth.
2 days ago
ACM Research Reports Q4 and Fiscal Year 2025 Results
ACMR
Earnings
Guidance Update
New Projects/Investments
- ACM Research reported Q4 2025 revenue of $244.4 million, an increase of 9.4% year-over-year, and fiscal year 2025 revenue of $901.3 million, up 15.2% year-over-year.
- For Q4 2025, non-GAAP diluted EPS was $0.25, and for fiscal year 2025, it was $1.61. Non-GAAP gross margin for Q4 2025 was 41.0% and for fiscal year 2025 was 44.5%.
- The company maintains its 2026 revenue guidance range of $1,080 million to $1,175 million.
- Key operational highlights include the sale of approximately 4.8 million shares of ACM Shanghai, generating ~$111 million in gross proceeds, and accelerating investments in Oregon with operations expected to begin in the second half of 2026.
- Ending cash and cash equivalents significantly increased to $1,133 million in Q4 2025, up from $293 million in Q4 2024.
2 days ago
ACM Research Announces Q4 and Full Year 2025 Results, Provides 2026 Outlook
ACMR
Earnings
Guidance Update
New Projects/Investments
- ACM Research reported Q4 2025 revenue of $244 million, an increase of 9%, and full-year 2025 revenue of $901 million, up 15%. Net income attributable to ACM Research for Q4 2025 was $17.3 million and for the full year was $110.2 million.
- The company ended 2025 with a net cash position of $845.5 million, a significant increase from $259.1 million at year-end 2024, partly due to $623 million in net proceeds from a private offering by ACM Shanghai in September 2025.
- For fiscal year 2026, ACM Research reiterates its revenue outlook in the range of $1.08 billion to $1.175 billion, which implies 25% year-over-year growth at the midpoint.
- Gross margin for Q4 2025 was 41%, slightly below the long-term target range of 42%-48% due to product mix and higher inventory provisions, but is expected to be temporary with an anticipated lift in the second half of 2026.
- ACM is expanding its global presence, with its first tool installation in Singapore and accelerating investment in an Oregon facility expected to begin operations in the second half of 2026 to support US production.
2 days ago
ACM Research Reports Q4 and Fiscal Year 2025 Results, Maintains 2026 Revenue Outlook
ACMR
Earnings
Guidance Update
New Projects/Investments
- Fiscal Year 2025 revenue reached a record $901.3 million, marking a 15.2% increase year-over-year.
- For the fourth quarter of 2025, revenue was $244.4 million, an increase of 9.4% compared to the fourth quarter of 2024.
- The company ended 2025 with $845.5 million in net cash, including $623 million added from a private offering in September 2025, and further sold shares in ACM Shanghai for $111 million in February 2026.
- ACM Research is maintaining its 2026 revenue outlook in the range of $1.08 billion to $1.175 billion, representing 21-30% growth.
2 days ago
ACM Research Delivers First Single-Wafer Cleaning Systems to Singapore Foundry
ACMR
New Projects/Investments
Product Launch
- ACM Research delivered several 300mm single-wafer cleaning systems to a foundry customer's front-end wafer fabrication facility in Singapore.
- This delivery represents ACM's first deployment to a Singapore-based fab.
- The deployment is an important step in expanding ACM's presence in Southeast Asia as part of its global growth strategy.
- The systems support wafer backside cleaning and wet etch processes for advanced semiconductor manufacturing.
2 days ago
ACM Research Reports Q4 and Fiscal Year 2025 Results, Provides 2026 Revenue Outlook
ACMR
Earnings
Guidance Update
New Projects/Investments
- ACM Research reported record annual revenue of $901 million for fiscal year 2025, an increase of 15% year over year, with Q4 2025 revenue at $244.4 million.
- GAAP diluted EPS for FY 2025 was $1.37 and for Q4 2025 was $0.11.
- The company maintains its 2026 revenue outlook of $1.08 billion to $1.175 billion, representing 21-30% growth.
- ACM ended 2025 with $845 million in net cash and recently generated $111 million in gross proceeds from the sale of ACM Shanghai shares on February 6, 2026.
- Investments are accelerating in Oregon, with operations expected to begin in the second half of 2026, to support global market expansion.
2 days ago
ACM Research (Shanghai) Provides Q4 2025 Revenue Update and 2026 Outlook
ACMR
Guidance Update
Profit Warning
New Projects/Investments
- ACM Research (Shanghai) reported a quarter-over-quarter revenue decline in Q4 2025, attributed to equipment delivery postponements to Q1 2026 and revenue recognition policies.
- For 2026, ACM Research (Shanghai) anticipates a gross margin in the range of 42%-48% and R&D expenses as a percentage of revenue in the range of 14%-19%.
- In 2025, advanced packaging equipment (excluding electroplating) accounted for approximately 10% of total revenue, with electroplating equipment contributing over 20%; advanced packaging is expected to be a key driver for revenue growth in 2026.
- The company plans for accelerated overseas market expansion in 2026, following product deliveries to Singapore and four systems to U.S. customers in 2025, and is actively expanding into Taiwan and South Korea.
Feb 4, 2026, 10:08 PM
ACM Research Updates 2025 and Provides Initial 2026 Revenue Outlook
ACMR
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- ACM Research updated its full-year 2025 revenue outlook to a range of $885 million to $900 million, revised from the previous range of $875 million to $925 million.
- The company also provided an initial full-year 2026 revenue outlook, projecting revenue between $1,080 million and $1,175 million.
- This 2026 projection anticipates a higher revenue growth rate due to healthy investments in production capacity and market share gains from newer products.
Jan 22, 2026, 1:26 PM
ACM Research Updates 2025 and Provides 2026 Revenue Outlook
ACMR
Guidance Update
Revenue Acceleration/Inflection
New Projects/Investments
- ACM Research updated its full year 2025 revenue outlook to a range of $885 to $900 million, a revision from its previous outlook of $875 million to $925 million.
- The company also provided an initial full year 2026 revenue outlook of $1,080 million to $1,175 million.
- This 2026 revenue growth is anticipated due to healthy investments in production capacity, market share gains from newer products, and accelerating investments in Oregon to support domestic semiconductor production.
Jan 22, 2026, 11:00 AM
Quarterly earnings call transcripts for ACM Research.
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