greeksoup/ stock research
Stock research / United States / ACMR · Special Industry Machinery, Nec · Nasdaq

ACM Research, Inc. (ACMR)

Compare with another name

ACM Research, Inc. (ACMR) reported revenue of $293 million for Q2 FY2026, the quarter ended 30 June 2026, up 36.0% on the same quarter a year earlier. Net income was $89 million, up 199.0% on the year, and diluted earnings per share $1.23. The figures are the company's own, from the 10-Q it filed with the SEC on 7 August 2026.

Revenue$293 millionup 36.0%
Net income$89 millionup 199.0%
Diluted EPS$1.23
QuarterQ2 FY2026ended 30 June 2026

ACM Research (ACMR) in brief

ACM Research (ACMR) reported revenue of $901 million for fiscal 2025, the year ended 31 December 2025, up 15.2% on the year before.
Read moreNet income was $94 million and diluted earnings per share $1.37. Revenue was $782 million in fiscal 2024, $558 million in fiscal 2023, $389 million in fiscal 2022 and $260 million in fiscal 2021. Net income in the same years was $104 million, $77 million, $39 million and $38 million. Over the twelve months to 30 June 2026, ACM Research reported revenue of $1.0 billion and net income of $150 million. Revenue grew 41.9% a year, compounded, over the five years to fiscal 2025. At 30 June 2026 it carried $234 million of debt and $969 million of cash. At the close of 9 October 2026 the market cap of ACM Research was $5.1 billion, 34.0 times its earnings over the last twelve months.

Ratios

From the filings

ROE8.1%
ROCE6.6%
Operating margin13.3%
Net margin14.5%
FCF margin-11.4%
Interest cover18.07
Debt to equity0.13
Cash conversion-0.04
Share count, 1 yearn/a
Sales CAGR, 3 years32.3%
Profit CAGR, 3 years33.8%
EPS, TTM$2.10

At the close of 9 October 2026

Price$71.38
Market cap$5.1 billion
Stock P/E33.99
Price to book2.76
EV / EBITDA27.83
Dividend yieldn/a
Market cap / sales4.94
52-week high$126.89
52-week low$29.67
Price, 1 year73.8%
Price CAGR, 3 years53.6%
Price CAGR, 5 years13.6%
Worked from the filed figures; hover a name for the formula.
Read moreThe priced ones use the latest price, the last regular-hours trade on IEX. Debt to equity here stands on long-term debt as ACM Research, Inc. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.
ACMRgreeksoup.ai
Daily prices to 9 October 2026, adjusted for splits; from 28 September 2026 each day's price is the last regular-hours trade on IEX.
Read moreData provided for free by IEX. By accessing or using IEX Historical Data, you agree to the IEX Historical Data Terms of Use. Day by day for the last three years; before that one point a week, carrying the week's last close and its average daily volume, so a volume bar means the same thing across the whole series; the bars sit under the price on their own scale, on the right. The moving averages need consecutive days and are drawn from the daily part. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Before the quarters on file begin, P/E, price to book and market cap to sales stand on each annual report from the day it was filed. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on ACMR

Filings29 in twelve months: 23 current reports (8-K), about 14 other events; 7 results of operations; 1 shareholder vote; 1 material agreement
Planned insider sales27 Form 144 notices in twelve months, $51.2 million; latest 9 September 2026
Options tapeput/call 0.75 by open interest at the 9 October 2026 close; the straddle prices a 8.4% move to 16 October 2026
13F holders11 of the followed funds hold it; largest Geode Capital Management; 3 Schedule 13D or 13G filings in twelve months
Insider trading72 sales and 0 purchases on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest4.1 million shares short, 3.16 days to cover at 30 September 2026
Documentsthe 10-K, the 10-Qs, the proxy and 7 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue169170152202204223172215269244231293
Cost of revenue80.191.273.110699.111389.8111156145124158
Gross profit88.579.179.196.810511182.510411399.9107135
Gross margin53%46%52%48%51%50%48%49%42%41%46%46%
R&D26.232.523.926.027.827.827.533.839.744.036.542.3
Operating income33.223.425.237.644.244.025.831.728.923.036.249.7
Operating margin20%14%17%19%22%20%15%15%11%9%16%17%
Interest expense0.60.70.80.91.21.21.61.81.91.81.92.1
Pre-tax income31.731.426.540.742.756.427.238.249.120.830.0136
Tax rate2%26%17%23%9%31%8%5%5%32%13%10%
Net income25.717.717.424.230.931.120.429.835.98.017.389.0
Net margin15%10%11%12%15%14%12%14%13%3%7%30%
Diluted EPS$0.39$0.26$0.26$0.35$0.45$0.46$0.30$0.44$0.52$0.11$0.24$1.23
Operating cash flow-17.9-33.2-9.661.611.988.65.3-44.9-4.633.9-29.5-6.4
Capital expenditure27.912.325.413.132.511.416.714.711.013.822.265.1
Free cash flow-45.8-45.5-35.148.5-20.677.2-11.4-59.6-15.620.1-51.7-71.5
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q
Each quarter as filed, linked to its filing.
Read more* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS and diluted share count are from the company's results press release for that quarter, used where the release gives the same revenue and net income as the table. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Income statement (profit and loss), 10 fiscal years and the trailing twelve months

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Revenue27.436.574.61081572603895587829011,038
Cost of revenue14.019.340.256.987.0145205282391501583
Gross profit13.317.234.450.769.6115184276392400455
Gross margin48.7%47.2%46.2%47.1%44.4%44.2%47.2%49.5%50.1%44.4%43.8%
Research and development3.35.110.412.919.134.262.292.7105145162
Operating income3.50.76.517.821.538.759.095.8151109138
Operating margin12.8%1.9%8.7%16.5%13.7%14.9%15.2%17.2%19.3%12.1%13.3%
Interest expense0.20.30.50.71.00.81.72.74.27.07.6
Pre-tax income3.0-0.37.418.919.343.167.4116166135236
Income tax0.60.50.8-0.5-2.40.116.819.435.013.326.5
Effective tax rate20.0%n/a10.9%-2.7%-12.3%0.3%24.9%16.7%21.1%9.8%11.2%
Net income1.0-0.36.618.918.837.839.377.310494.1150
Net margin3.8%-0.9%8.8%17.6%12.0%14.5%10.1%13.9%13.2%10.4%14.5%
Diluted EPS$0.06-$0.02$0.12$0.33$0.30$0.58$0.59$1.16$1.53$1.37$2.10
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
From each year's 10-K, linked; TTM is the last four quarters.
Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Revenue by product or service

FY2023FY2024FY2025Share
latest year
Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment40457962669.5%
ECP (front-end and packaging), Furnace and Other Technologies10315120022.1%
Advanced Packaging (excluding ECP), Services & Spares50.552.275.88.4%
Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning EquipmentECP (front-end and packaging), Furnace and Other TechnologiesAdvanced Packaging (excluding ECP), Services & Spares
558FY2023782FY2024901FY2025

$ million; hover a block for its figure and share

From the latest 10-K, in the company's own words.
Read moreA year is shown only where the parts add up to the revenue above. Fiscal years are labelled by the year they end in.

Cash flow and capital returned

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow-3.7-8.16.99.4-13.5-40.1-62.2-75.3152-10.3-6.6
Capital expenditure0.80.71.81.05.29.291.161.982.556.3112
Free cash flow-4.5-8.85.18.4-18.8-49.2-153-13770.0-66.6-119
Free cash flow margin-16.4%-24.0%6.8%7.8%-12.0%-19.0%-39.4%-24.6%8.9%-7.4%-11.4%
Cash from investingn/an/a-2.1-5.5-70.0-11.3-266-6.7-12.0-390-439
Cash from financingn/an/a5.187.432.853945.918.592.5742964
Depreciation and amortisation0.20.30.40.81.12.44.86.96.614.420.0
Share-based compensation0.41.63.43.65.65.17.727.349.633.626.2
Buybacksn/an/a0.02.80.00.0n/an/an/an/an/a
Diluted shares, weighted11m21m54m57m64m65m65m65m66m67m72m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
Cash paid in the year, from the cash flow statement.
Read moreThe dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025TTM
Funded by
Shareholders' equity-2.439.952.397.31416766757679051,4641,860
Non-controlling interest4.90.0n/a0.067.0135137159191466545
Redeemable equityn/an/a0.060.20.0n/an/an/an/an/an/a
Short-term borrowings4.85.19.413.826.19.656.031.332.874.0107
Debtn/an/an/a0.019.625.421.060.7150214234
Operating lease liabilitiesn/an/a0.02.52.91.91.14.33.85.13.5
Other liabilities37.222.941.343.984.5204345468573649650
Total liabilities and equity44.567.91032183411,0521,2361,4911,8562,8723,399
Owned
Fixed assets2.32.33.73.68.214.082.9202269315385
Intangible assets0.00.10.30.30.60.51.32.53.52.82.5
Investmentsn/an/an/a0.028.242.237.749.256.4102194
Trading assetsn/an/an/an/an/an/a20.2n/a19.435.5105
Cash and equivalents10.117.727.158.371.8563248182407757969
Receivables16.026.824.631.156.4106183283387504538
Inventory11.715.438.844.888.6218393545598703783
Other assets4.45.68.679.687.4109269227115453422
Total assets44.567.91032183411,0521,2361,4911,8562,8723,399
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K
At the fiscal year end; the TTM column is the latest quarter end.
Read moreBoth totals are the company's own. Other liabilities is the filed total less the rows above it: payables, deferred revenue, taxes, borrowings the rows above do not carry and the rest; other assets is the same on the other side. Investments add the current and non-current lines as filed. Debt is the company's own stated total where it files one, otherwise its long-term debt with the current maturities, never parts added together. A row is left blank in a year where the lines shown overlap and the remainder would fall below nil.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compoundedn/a41.9%32.3%27.3%
Profit growth, compoundedn/a38.0%33.8%34.0%
Return on equity, average9.3%7.9%9.3%6.4%
Yearly growth, compounded; TTM is the last four quarters against the four before.
Read moreReturn on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Questions

What was ACM Research's revenue in fiscal 2025?

ACM Research (ACMR) reported revenue of $901 million for fiscal 2025, the year ended 31 December 2025, up 15.2% on the year before.

How much did ACM Research earn in fiscal 2025?

Net income was $94 million for fiscal 2025, and diluted earnings per share $1.37.

What is ACM Research's P/E ratio?

At the close of 9 October 2026, ACM Research traded at 34.0 times its earnings over the twelve months to 30 June 2026.

What is ACM Research's market cap?

The market cap of ACM Research was $5.1 billion at the close of 9 October 2026.

How much debt does ACM Research have?

At 30 June 2026 ACM Research carried $234 million of debt and $969 million of cash.

Peers: Machinery

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
ASML Holding N.V. ASML *$686.2 billion64.0049.0%34.6%15.6%0.22n/a
Lam Research Corp. LRCX$398.9 billion55.3558.3%35.3%26.0%0.300.3%
Solaris Energy Infrastructure, Inc. SEI$6.0 billion95.536.1%24.3%70.5%1.780.6%
Weatherford International plc WFRD$5.6 billion15.3720.5%12.7%-7.2%0.811.3%
JBT Marel Corp. JBTM$5.6 billion29.194.3%7.3%44.9%0.380.4%
ACM Research, Inc. ACMR$5.1 billion33.998.1%13.3%27.3%0.13n/a
Middleby Corp. MIDD$4.8 billionn/a-21.3%16.5%8.4%0.88n/a
Cactus, Inc. WHD$4.5 billion54.2313.2%18.6%21.8%0.000.9%
Esab Corp. ESAB$4.2 billion23.976.8%12.1%9.7%0.940.6%
Brunswick Corp. BC$4.0 billionn/a-5.1%-0.4%10.5%1.252.8%
Veeco Instruments Inc. VECO$3.2 billion145.422.6%2.7%-2.5%0.25n/a
Azenta, Inc. AZTA$1.7 billionn/a-8.1%-28.6%4.8%0.000.3%
All 60 in Machinery
CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
ASML Holding N.V. ASML *$686.2 billion64.0049.0%34.6%15.6%0.22n/a
Lam Research Corp. LRCX$398.9 billion55.3558.3%35.3%26.0%0.300.3%
Caterpillar Inc. CAT$367.9 billion34.4555.9%17.5%18.4%1.440.7%
Deere & Co. DE$167.4 billion34.4917.4%13.4%8.0%2.281.0%
Eaton Corp. plc ETN$166.9 billion43.7118.9%n/a15.5%0.911.0%
Johnson Controls International plc JCI$96.0 billion27.3826.5%n/a6.8%0.621.0%
Illinois Tool Works Inc. ITW$75.2 billion23.94110.3%26.5%4.3%3.352.4%
Cummins Inc. CMI$72.0 billion26.7421.1%11.2%2.9%0.521.5%
Baker Hughes Co. BKR$56.3 billion18.2915.6%n/a0.4%0.82n/a
Carrier Global Corp. CARR$46.1 billion38.329.1%7.8%-1.6%0.771.2%
Ingersoll Rand Inc. IR$30.6 billion32.409.4%18.1%7.8%0.40n/a
TechnipFMC plc FTI$27.3 billion24.1535.9%16.0%9.9%0.120.3%
nVent Electric plc NVT$27.1 billion45.7515.0%17.1%46.2%0.370.5%
Dover Corp. DOV$25.4 billion22.7414.7%16.9%7.6%0.421.1%
Xylem Inc. XYL$24.0 billion24.459.8%14.5%4.5%0.281.6%
Curtiss Wright Corp. CW$18.9 billion35.3019.5%18.8%10.5%0.350.2%
Zebra Technologies Corp. ZBRA$18.3 billion35.4315.7%14.7%12.7%0.81n/a
Nordson Corp. NDSN$18.3 billion33.1717.0%26.9%7.0%0.531.0%
ITT Inc. ITT$18.0 billion39.488.8%14.4%28.1%0.620.7%
Idex Corp. IEX$17.3 billion33.7013.0%20.7%7.3%0.471.2%
RBC Bearings Inc. RBC$16.5 billion49.799.3%23.6%17.3%0.230.0%
Lincoln Electric Holdings Inc. LECO$14.2 billion26.1035.6%17.1%9.3%0.741.2%
CNH Industrial N.V. CNH$14.1 billion45.604.0%n/a0.6%3.332.2%
BWX Technologies, Inc. BWXT$13.2 billion37.2626.6%12.1%22.7%1.510.7%
Graco Inc. GGG$12.7 billion24.5921.1%28.1%4.6%0.011.4%
Lennox International Inc. LII$12.4 billion16.1160.8%19.7%-2.1%0.891.4%
Moog Inc. MOG.A$11.6 billion30.8717.0%13.3%15.6%0.410.3%
Regal Rexnord Corp. RRX$11.0 billion34.024.7%11.7%3.5%0.660.8%
Donaldson Co. Inc. DCI$10.1 billion22.5925.7%15.4%5.3%0.731.4%
Flowserve Corp. FLS$9.2 billion25.3416.4%8.5%-0.3%0.941.2%
Toro Co. TTC$9.1 billion25.6127.2%10.3%5.2%0.721.6%
SPX Technologies, Inc. SPXC$8.5 billion30.4811.9%16.2%20.6%0.260.4%
Pentair plc PNR$8.5 billion13.1817.4%20.3%-2.1%0.431.9%
Timken Co. TKR$8.1 billion31.498.1%10.5%5.5%0.641.2%
Zurn Elkay Water Solutions Corp. ZWS$7.7 billion28.7416.6%20.8%10.7%0.300.8%
Agco Corp. AGCO$7.2 billion14.3013.1%5.8%1.7%0.651.1%
Aaon, Inc. AAON$7.1 billion44.8415.8%11.0%53.5%0.430.5%
NOV Inc. NOV$6.8 billion72.941.5%5.1%-1.7%0.272.7%
Gates Industrial Corp. Ltd. GTES$6.8 billion18.9210.3%13.3%3.3%0.63n/a
Solaris Energy Infrastructure, Inc. SEI$6.0 billion95.536.1%24.3%70.5%1.780.6%
Weatherford International plc WFRD$5.6 billion15.3720.5%12.7%-7.2%0.811.3%
JBT Marel Corp. JBTM$5.6 billion29.194.3%7.3%44.9%0.380.4%
ACM Research, Inc. ACMR$5.1 billion33.998.1%13.3%27.3%0.13n/a
Middleby Corp. MIDD$4.8 billionn/a-21.3%16.5%8.4%0.88n/a
Cactus, Inc. WHD$4.5 billion54.2313.2%18.6%21.8%0.000.9%
Esab Corp. ESAB$4.2 billion23.976.8%12.1%9.7%0.940.6%
Brunswick Corp. BC$4.0 billionn/a-5.1%-0.4%10.5%1.252.8%
Standex International Corp. SXI$3.4 billion32.9613.9%21.7%12.8%0.690.5%
Veeco Instruments Inc. VECO$3.2 billion145.422.6%2.7%-2.5%0.25n/a
Kadant Inc. KAI$3.1 billion28.0110.7%15.0%12.5%0.500.5%
Dnow Inc. DNOW$2.8 billionn/an/an/a69.8%0.23n/a
Kennametal Inc. KMT$2.4 billion7.2521.8%20.1%19.8%0.442.5%
Hayward Holdings, Inc. HAYW$2.4 billion15.3210.1%21.1%7.8%0.590.0%
Innovex International, Inc. INVX$1.9 billion31.535.8%10.0%15.0%0.02n/a
Alamo Group Inc. ALG$1.8 billion18.298.5%8.9%4.1%0.220.8%
Enerpac Tool Group Corp. EPAC$1.8 billion19.7522.0%21.2%4.3%0.440.1%
Azenta, Inc. AZTA$1.7 billionn/a-8.1%-28.6%4.8%0.000.3%
Lindsay Corp. LNN$1.1 billion21.5511.1%9.9%-7.4%0.231.3%
Tennant Co. TNC$1.1 billion63.473.4%3.2%-2.9%0.671.8%
Astec Industries Inc. ASTE$890 million45.532.8%3.4%18.7%0.531.3%
4 companies share its SEC industry code (Special Industry Machinery, Nec); the rest are the names nearest in size in its wider industry, Machinery, one of the Fama-French 48 industries, a published grouping of SEC industry codes.
Read moreBy market capitalisation; a click on a heading sorts by it, largest first, and a second click turns it round. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close; a name marked * is a foreign company that files once a year, on its latest fiscal year.

Filings

FilingPeriodFiledWhere
10-Q30 June 20267 August 2026EDGAR
10-Q31 March 20268 May 2026EDGAR
10-K31 December 20252 March 2026EDGAR
10-Q30 September 20256 November 2025EDGAR
10-Q30 June 20257 August 2025EDGAR
10-Q31 March 202512 May 2025EDGAR
10-K31 December 20243 March 2025EDGAR
10-Q30 September 20247 November 2024EDGAR
10-Q30 June 20247 August 2024EDGAR
10-Q31 March 20248 May 2024EDGAR

The same record on your computer

GreekSoup is also a free program for your own computer. It reads these same filings for the names you follow, refreshed as they land, with no account. One pasted line installs it.

Install