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ACM Research Inc
F:813

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ACM Research Inc Logo
ACM Research Inc
F:813
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Price: 74.8 EUR -1.06% Market Closed
Market Cap: €4.3B

ACM Research Inc
Investor Relations

ACM Research makes specialized equipment used in semiconductor factories. Its main tools clean silicon wafers, remove unwanted material, and help with other wet process steps during chip production. The company also sells equipment for advanced packaging and other parts of the chipmaking flow. Its customers are chip manufacturers, foundries, and memory producers that need these tools to build and package semiconductors. ACM Research makes money by selling the machines, along with spare parts, service, and technical support after installation. That service work matters because chip plants depend on uptime and regular maintenance. What sets ACM Research apart is its focus on wet processing, especially wafer cleaning, which is a critical step in making reliable chips. It is not a broad chip company; it sits in the equipment layer of the industry, supplying tools that chipmakers buy before they can turn silicon into finished semiconductors.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 7, 2026
AI Summary
Q1 2026

Revenue: ACM Research reported first-quarter revenue of $231.3 million, up 34.2% year over year, with growth led by ECP and advanced packaging.

Margins: Gross margin was 46.5%, above the midpoint of the company’s 42% to 48% long-term target range.

Cleaning Recovery: Cleaning revenue fell 5.5%, but management said product issues seen in 2025 are being worked through and expects single-wafer SPM shipments to ramp sharply through the year.

New Products: The company highlighted strong progress on Tahoe, single-wafer SPM, vertical furnace, PECVD, and track tools, saying new products should contribute more in 2026 and beyond.

Outlook: Full-year 2026 revenue guidance was reiterated at $1.08 billion to $1.175 billion, and shipment growth is still expected to outpace revenue growth.

Global Expansion: Management said Lingang and Oregon investments are advancing, with Oregon still on track for an in-house demo lab and U.S.-made tool capability by year-end 2026.

Key Financials
Revenue
$231.3 million
Shipments
$240.7 million
Gross margin
46.5%
Operating expenses
$65.8 million
Operating income
$41.8 million
Operating margin
18.1%
Net income
$24.3 million
Net income per diluted share
$0.34
Cash and cash equivalents, restricted cash and time deposits
$1.25 billion
Net cash
$924.2 million
Inventory
$738.0 million
Cash used by operations
$29.5 million
Capital expenditures
$22.0 million
Single-wafer cleaning revenue
$122.5 million
ECP, furnace and other technologies revenue
$84.2 million
Advanced packaging revenue
$24.5 million
Earnings Call Recording
Other Earnings Calls

Management

Dr. Hui Wang Ph.D.
Founder, Chairman, CEO & President
No Bio Available
Mr. Mark A. McKechnie
CFO, Executive VP, Secretary & Treasurer
No Bio Available
Ms. Yi Lu Feng
Chief Financial Officer of ACM Research (Shanghai), Inc.
No Bio Available
Mr. Jian Wang
Chief Executive Officer and President of ACM Research (Shanghai), Inc.
No Bio Available
Mr. Howard Chen
General Counsel & VP of Corporate Strategy
No Bio Available
Mr. Jim Straus
Vice President of Sales - North America
No Bio Available

Contacts

Address
CALIFORNIA
Fremont
42307 Osgood Rd Ste I
Contacts
+15104453700.0
www.acmrcsh.com
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