Acm Research Inc

Acm Research Inc

ACMR · NASDAQ · Technology / Semiconductor Equipment & Materials

$63.94-2.92 (-4.37%)

Close Sep 15, 2026 · end-of-day

Market Stats

Previous Close$66.86
Open$68.12
Day Range$62.78 – $68.87
52-Week Range$28.46 – $127.19
Volume1.25M
Market Cap$5.31B
P/E (TTM)35.93
Forward P/E30.21
EPS$2.12
Dividend Yield0.00%
Beta1.95
50-Day Avg$77.48
200-Day Avg$65.8

Price History

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About

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 item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
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 item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
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 item2025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
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 DateNov 4, 2026Aug 7, 2026May 7, 2026Feb 26, 2026Nov 5, 2025Aug 6, 2025May 6, 2025Feb 25, 2025Nov 7, 2024Aug 7, 2024May 8, 2024Feb 28, 2024Nov 7, 2023Aug 4, 2023May 5, 2023Feb 24, 2023Nov 4, 2022Aug 5, 2022May 6, 2022Feb 25, 2022Nov 4, 2021Aug 6, 2021May 6, 2021Feb 25, 2021Nov 5, 2020Aug 5, 2020May 6, 2020Mar 18, 2020Nov 7, 2019Aug 7, 2019May 7, 2019Mar 6, 2019Nov 7, 2018Aug 7, 2018May 8, 2018Mar 5, 2018Dec 7, 2017Aug 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%-
TimingPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-market-After-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-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

Sell
Based on 9 analystsTarget $115.88
  • Strong Buy
    4
  • Buy
    4
  • Hold
    1

Ownership Breakdown

Institutions
78.01%
Insiders
12.68%
Retail / Other
9.31%

Top Institutional Holders

  • BlackRock Inc
    7.98M11.46%
  • Capital World Investors
    2.40M3.44%
  • Vanguard Capital Management, LLC
    2.26M3.25%
  • Vanguard Portfolio Management, LLC
    2.20M3.16%
  • State Street Corp
    2.01M2.88%
  • WCM Investment Management
    1.86M2.67%
  • Geode Capital Management, LLC
    1.37M1.97%
  • Morgan Stanley - Brokerage Accounts
    1.19M1.71%
  • HHG PLC
    1.09M1.56%
  • Ward Ferry Management (Bvi) Limited
    969.20K1.39%
  • Value Aligned Research Advisors LLC
    955.93K1.37%
  • Dimensional Fund Advisors, Inc.
    954.47K1.37%
  • Amvescap Plc.
    787.10K1.13%
  • Southeastern Asset Management Inc
    782.90K1.12%
  • Polunin Capital Partners Ltd
    748.50K1.07%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    3.48M4.99%
  • American Funds SMALLCAP World A
    2.93M4.20%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.75M2.52%
  • iShares Russell 2000 ETF
    1.38M1.98%
  • Vanguard Information Technology ETF
    1.26M1.81%

Stock Splits

  • Mar 24, 2022959692:319897