ACM Research, Inc. (ACMR) Financial Statements
Industry: Special Industry Machinery (Other)
In fiscal 2025, ACM Research reported revenue of $901.3M, up 15.2% from $782.1M the year before. Net income was $94.1M (a 10.4% net margin), or $1.37 per diluted share. Gross margin was 44.4% and operating margin was 12.1%. Operating activities generated -$10.3M of cash, leaving -$66.6M of free cash flow. At fiscal year end, ACM Research held $2.87B in total assets against $941.7M in total liabilities, including $757.4M of cash and equivalents.
Open the full interactive ACM Research financials → Quarterly statements, key ratios, valuation history and price charts.
ACM Research Key Stats
| Share Price | $64.83 |
|---|---|
| Market Cap | $4.66B |
| P/E Ratio | 47.3 |
| Revenue YoY Growth | +15.2% |
| 52-Week Range | $29.67 – $126.89 |
| Shares Outstanding | 67.9 million (basic, 2026 Q2) |
ACM Research Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $156.6M | $259.8M | $388.8M | $557.7M | $782.1M | $901.3M |
| Gross Profit | $69.6M | $114.9M | $183.6M | $276.2M | $391.6M | $400.1M |
| Operating Income | $21.5M | $38.7M | $59.0M | $95.8M | $151.0M | $109.4M |
| Pre-Tax Income | $19.3M | $43.1M | $67.4M | $116.2M | $166.3M | $135.2M |
| Income Tax | -$2.4M | $134,000 | $16.8M | $19.4M | $35.0M | $13.3M |
| Net Income | $18.8M | $37.8M | $39.3M | $77.3M | $103.6M | $94.1M |
| Diluted EPS | $0.30 | $0.58 | $0.59 | $1.16 | $1.53 | $1.37 |
ACM Research Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $269.2M | $244.4M | $231.3M | $292.9M |
| Net Income | $35.9M | $8.0M | $17.3M | $89.0M |
| Diluted EPS | $0.52 | $0.12 | $0.24 | $1.23 |
ACM Research Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $71.8M | $563.1M | $248.0M | $182.1M | $407.4M | $757.4M |
| Current Assets | $260.7M | $952.9M | $963.8M | $1.18B | $1.48B | $2.44B |
| Total Assets | $341.3M | $1.05B | $1.24B | $1.49B | $1.86B | $2.87B |
| Current Liabilities | $102.9M | $205.9M | $396.2M | $500.7M | $641.2M | $745.7M |
| Total Long-Term Debt | $19.6M | $25.4M | $21.0M | $60.7M | $150.0M | $214.0M |
| Total Liabilities | $133.1M | $240.5M | $423.3M | $564.7M | $759.8M | $941.7M |
| Shareholders' Equity | $141.2M | $676.2M | $674.9M | $767.4M | $904.6M | $1.46B |
ACM Research Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | -$13.5M | -$40.1M | -$62.2M | -$75.3M | $152.4M | -$10.3M |
| Cash From Investing | -$70.0M | -$11.3M | -$265.7M | -$6.7M | -$12.0M | -$390.3M |
| Cash From Financing | $32.8M | $538.8M | $45.9M | $18.5M | $92.5M | $742.5M |
| Free Cash Flow | -$18.8M | -$49.2M | -$153.3M | -$137.2M | $70.0M | -$66.6M |
Figures from ACM Research's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full ACM Research financials page for every line item.
ACM Research Company Profile
| Ticker | ACMR |
|---|---|
| Exchange | Nasdaq |
| Industry | Special Industry Machinery (Other) |
| Headquarters | Fremont, California |
| Incorporated in | California |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001680062 |
Frequently Asked Questions
What was ACM Research's revenue in fiscal 2025?
ACM Research (ACMR) reported revenue of $901.3M for fiscal 2025.
What is ACM Research's annual revenue history?
ACM Research's annual revenue by fiscal year: 2020: $156.6M; 2021: $259.8M; 2022: $388.8M; 2023: $557.7M; 2024: $782.1M; 2025: $901.3M.
What was ACM Research's net income in fiscal 2025?
ACM Research reported net income of $94.1M for fiscal 2025.
What was ACM Research's earnings per share (EPS) in fiscal 2025?
ACM Research's diluted EPS was $1.37 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did ACM Research generate in fiscal 2025?
ACM Research generated -$66.6M of free cash flow in fiscal 2025.
What was ACM Research's revenue last quarter?
In its most recent reported quarter (2026 Q2), ACM Research reported revenue of $292.9M.
How much debt does ACM Research have?
ACM Research reported $214.0M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of ACM Research are outstanding?
ACM Research reported a weighted average of 67.9 million basic shares outstanding in 2026 Q2.
What is ACM Research's market cap?
Based on its latest closing price, ACM Research (ACMR) has a market capitalization of about $4.66B.
When does ACM Research's fiscal year end?
ACM Research's fiscal year end, as registered with the SEC, is December 31.
Where is ACM Research headquartered?
ACM Research lists its business address in Fremont, California in its SEC filings.