
Acm Research Inc
ACMR · NASDAQ · Technology / Semiconductor Equipment & Materials
Close Sep 15, 2026 · end-of-day
Market Stats
Price History
Open in new tabAbout
ACM Research, Inc., together with its subsidiaries, develops, manufactures, and sells capital equipment in Mainland China and internationally. It also develops, manufactures, and sells a range of packaging tools to wafer assembly and packaging customers. The company provides wet cleaning equipment for front end production processes; electrochemical plating, furnace, PECVD, and track platforms; Space Alternated Phase Shift, technology for flat and wafer surfaces; timely energized bubble oscillation, technology for patterned wafer surfaces at advanced process nodes; and Tahoe technology; and semi-critical cleaning tools. It also offers advanced packaging equipment, such as coaters, developers, photoresist strippers, scrubbers, wet etchers and copper-plating equipment; and advanced packaging products include: Ultra ECP ap, which delivers a uniform metal layer to finished wafers prior to packaging; Ultra C Developer, which applies liquid developer to selected parts of photoresist to resolve an image; Ultra C PR Megasonic-Assisted Stripper, which removes photoresist; Ultra C Scrubber, which scrubs and cleans wafers; Ultra C Thin Wafer Scrubber, which addresses a sub-market of cleaning very thin wafers for certain Asian assembly factories; and Ultra C Wet Etcher, which etches silicon wafers and copper and titanium interconnects. In addition, the company provides ECP technology for advanced metal plating; Ultra fn Furnace, a dry processing tool; Ultra Pmax PECVD tools, a proprietary designed chamber, gas distribution unit, and chuck; and Ultra Track, a 300mm process tool that delivers uniform air downflow, fast robot handling and configurable software to address specific customer requirements. It markets and sells its products under the SAPS, TEBO, ULTRA C, ULTRA Fn, Ultra ECP, Ultra ECP map, and Ultra ECP ap trademarks through direct sales force and third-party representatives. ACM Research, Inc. was incorporated in 1998 and is headquartered in Fremont, California.
Company Details
- Sector
- Technology
- Industry
- Semiconductor Equipment & Materials
- CEO
- Dr. Hui Wang Ph.D.
- Employees
- 2.51K
- Headquarters
- 42307 Osgood Road, Fremont, CA, United States, 94539, USA
- Website
- https://www.acmr.com
Leadership
- Dr. Hui Wang Ph.D.Founder, Chairman, CEO & President · b. 1961
- Mr. Mark A. McKechnieCFO, Executive VP, Secretary & Treasurer · b. 1967
- Ms. Yi Lu FengChief Financial Officer of ACM Research (Shanghai), Inc. · b. 1958
- Mr. Jian WangChief Executive Officer and President of ACM Research (Shanghai), Inc. · b. 1965
- Mr. Howard ChenGeneral Counsel & VP of Corporate Strategy
- Mr. Jim StrausVice President of Sales - North America
- Mr. Sotheara CheavSenior Vice President of Manufacturing · b. 1952
Financials
Income Statement
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $901.31M | $782.12M | $557.72M | $388.83M | $259.75M | $156.62M | $107.52M | $74.64M | $36.51M | $27.37M | $31.21M |
| Cost of Revenue | $501.24M | $390.56M | $281.51M | $205.22M | $144.90M | $87.03M | $56.87M | $40.19M | $19.28M | $14.04M | $17.09M |
| Gross Profit | $400.07M | $391.55M | $276.21M | $183.62M | $114.86M | $69.60M | $50.65M | $34.45M | $17.23M | $13.33M | $14.12M |
| Operating Income | $109.43M | $151.00M | $95.84M | $59.03M | $38.70M | $21.49M | $17.79M | $6.47M | $700.00K | $3.49M | $4.86M |
| EBITDA | $158.47M | $180.42M | $126.99M | $74.38M | $46.17M | $21.33M | $18.58M | $6.89M | $223.00K | $3.35M | $5.67M |
| Net Income | $94.08M | $103.63M | $77.35M | $39.26M | $37.76M | $18.78M | $18.89M | $6.57M | $-316.00K | $1.03M | $5.38M |
| R&D | $144.99M | $105.47M | $92.71M | $62.23M | $34.21M | $19.12M | $12.90M | $10.38M | $5.14M | $3.26M | $2.94M |
| Interest Expense | $6.96M | $4.15M | $2.68M | $1.66M | $765.00K | $982.00K | $745.00K | $498.00K | $277.00K | $181.00K | $122.00K |
Balance Sheet
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $2.87B | $1.86B | $1.49B | $1.24B | $1.05B | $341.26M | $217.70M | $103.05M | $67.89M | $44.47M | $32.15M |
| Total Liabilities | $941.68M | $759.82M | $564.75M | $423.33M | $240.51M | $133.09M | $120.38M | $50.72M | $28.03M | $41.98M | $36.63M |
| Total Equity | $1.46B | $904.63M | $767.39M | $674.86M | $676.20M | $141.15M | $97.32M | $52.32M | $39.86M | $-2.43M | $-8.24M |
| Cash | $765.96M | $407.44M | $182.09M | $247.95M | $562.55M | $71.77M | $58.26M | $27.12M | $17.68M | $10.12M | $4.40M |
| Total Debt | $302.98M | $188.78M | $99.10M | $79.50M | $39.14M | $50.01M | $17.64M | $9.45M | $5.11M | $4.77M | $9.69M |
| Net Debt | $-462.99M | $-218.66M | $-82.99M | $-168.45M | $-523.41M | $-21.75M | $-40.62M | $-17.68M | $-12.57M | $-5.35M | $5.29M |
Cash Flow
| Line item | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $-10.32M | $152.45M | $-75.32M | $-62.19M | $-40.09M | $-13.55M | $9.40M | $6.91M | $-8.10M | $-3.70M | $2.70M |
| Investing Cash Flow | $-390.33M | $-11.96M | $-6.75M | $-265.67M | $-11.28M | $-69.95M | $-5.53M | $-2.07M | $-23.72M | $-810.00K | $-1.37M |
| Financing Cash Flow | $742.49M | $92.48M | $18.53M | $45.87M | $538.77M | $32.83M | $87.44M | $5.12M | $38.72M | $10.55M | $2.27M |
| Capital Expenditure | $56.28M | $82.46M | $64.34M | $92.52M | $9.71M | $55.48M | $1.13M | $2.07M | $766.00K | $817.00K | $1.37M |
| Free Cash Flow | $-66.61M | $69.99M | $-139.66M | $-154.71M | $-49.80M | $-69.03M | $8.28M | $4.84M | $-8.87M | $-4.52M | $1.33M |
| Dividends Paid | $7.58M | $6.90M | $3.95M | $0 | $0 | $555.00K | $18.74M | - | $13.09M | - | - |
Earnings
| Report Date | Nov 4, 2026 | Aug 7, 2026 | May 7, 2026 | Feb 26, 2026 | Nov 5, 2025 | Aug 6, 2025 | May 6, 2025 | Feb 25, 2025 | Nov 7, 2024 | Aug 7, 2024 | May 8, 2024 | Feb 28, 2024 | Nov 7, 2023 | Aug 4, 2023 | May 5, 2023 | Feb 24, 2023 | Nov 4, 2022 | Aug 5, 2022 | May 6, 2022 | Feb 25, 2022 | Nov 4, 2021 | Aug 6, 2021 | May 6, 2021 | Feb 25, 2021 | Nov 5, 2020 | Aug 5, 2020 | May 6, 2020 | Mar 18, 2020 | Nov 7, 2019 | Aug 7, 2019 | May 7, 2019 | Mar 6, 2019 | Nov 7, 2018 | Aug 7, 2018 | May 8, 2018 | Mar 5, 2018 | Dec 7, 2017 | Aug 30, 2017 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPS Estimate | $0.41 | $0.21 | $0.20 | $0.26 | $0.32 | $0.50 | $0.35 | $0.39 | $0.37 | $0.35 | $0.33 | $0.17 | $0.34 | $0.15 | $0.04 | $0.14 | $0.23 | $0.03 | $0.01 | $0.23 | $0.12 | $0.10 | $0.05 | $0.09 | $0.11 | $0.06 | $0.01 | $0.03 | $0.07 | $0.04 | $0.02 | $0.03 | $0.03 | $0.03 | $-0.03 | $0.03 | $-0.06 | $0.00 |
| EPS Actual | - | $0.52 | $0.34 | $0.15 | $0.25 | $0.54 | $0.46 | $0.56 | $0.63 | $0.55 | $0.52 | $0.43 | $0.57 | $0.48 | $0.15 | $0.19 | $0.42 | $0.22 | $-0.01 | $0.27 | $0.19 | $0.06 | $0.12 | $0.10 | $0.14 | $0.10 | $0.04 | $0.08 | $0.18 | $0.09 | $0.05 | $0.05 | $0.08 | $0.06 | $-0.01 | $0.07 | $-0.04 | $-0.14 |
| Surprise | - | 147.62% | 70.00% | -42.31% | -21.88% | 8.00% | 32.37% | 43.59% | 70.27% | 57.14% | 57.58% | 152.94% | 67.65% | 220.00% | 275.00% | 35.71% | 82.61% | 633.33% | -200.00% | 17.39% | 58.33% | -40.00% | 140.00% | 11.11% | 27.27% | 66.67% | 300.00% | 166.67% | 157.14% | 125.00% | 150.00% | 66.67% | 166.67% | 100.00% | 66.67% | 133.33% | 33.33% | - |
| Timing | Pre-market | Pre-market | Pre-market | - | Pre-market | Pre-market | Pre-market | After-hours | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | Pre-market | After-hours | After-hours | After-hours | After-hours | After-hours | After-hours | After-hours | After-hours | Pre-market | - | After-hours | After-hours | After-hours | Pre-market | Pre-market | Pre-market | Pre-market | - |
Key Statistics & Ratios
- Market Cap
- $5.31B
- Enterprise Value
- $4.53B
- Trailing P/E
- 35.93
- Forward P/E
- 30.21
- Price / Sales
- 5.11
- Price / Book
- 3.02
- EPS
- $2.12
- Book Value
- $26.71
- Revenue (TTM)
- $1.04B
- Gross Profit (TTM)
- $454.91M
- EBITDA
- $159.62M
- Profit Margin
- 14.48%
- Operating Margin
- 16.98%
- Return on Equity
- 11.63%
- Return on Assets
- 3.17%
- Shares Outstanding
- 64.66M
- Shares Float
- 61.52M
- Beta
- 1.95
- Dividend Yield
- 0.00%
- Dividend Rate
- $0
- Payout Ratio
- 0.00%
Analyst Ratings
- Strong Buy4
- Buy4
- Hold1
Ownership Breakdown
- Institutions
- 78.01%
- Insiders
- 12.68%
- Retail / Other
- 9.31%
Top Institutional Holders
- BlackRock Inc7.98M11.46%
- Capital World Investors2.40M3.44%
- Vanguard Capital Management, LLC2.26M3.25%
- Vanguard Portfolio Management, LLC2.20M3.16%
- State Street Corp2.01M2.88%
- WCM Investment Management1.86M2.67%
- Geode Capital Management, LLC1.37M1.97%
- Morgan Stanley - Brokerage Accounts1.19M1.71%
- HHG PLC1.09M1.56%
- Ward Ferry Management (Bvi) Limited969.20K1.39%
- Value Aligned Research Advisors LLC955.93K1.37%
- Dimensional Fund Advisors, Inc.954.47K1.37%
- Amvescap Plc.787.10K1.13%
- Southeastern Asset Management Inc782.90K1.12%
- Polunin Capital Partners Ltd748.50K1.07%
Top Fund Holders
- iShares Core S&P Small-Cap ETF3.48M4.99%
- American Funds SMALLCAP World A2.93M4.20%
- Vanguard MStar Total Stk Mkt Idx Invest1.75M2.52%
- iShares Russell 2000 ETF1.38M1.98%
- Vanguard Information Technology ETF1.26M1.81%
Stock Splits
- Mar 24, 2022959692:319897