Quarterly ResultMay 7, 2026, 07:32 AM
ACM Research Q1 2026 Revenue Up 34% to $231.3M
AI Summary
ACM Research reported Q1 2026 revenue of $231.3 million, a 34.2% increase year-over-year, with shipments rising 53.6% to $240.7 million. Despite strong top-line growth, GAAP net income attributable to ACM Research, Inc. decreased to $17.3 million from $20.4 million in Q1 2025, and diluted EPS was $0.24. The company maintained its full-year 2026 revenue guidance of $1.08 billion to $1.175 billion and announced new product introductions and a proposed Hong Kong listing for its principal operating subsidiary.
Key Highlights
- Q1 2026 revenue increased 34.2% year-over-year to $231.3 million.
- Total shipments for Q1 2026 rose 53.6% year-over-year to $240.7 million.
- GAAP net income attributable to ACM Research, Inc. was $17.3 million.
- GAAP diluted EPS was $0.24 for Q1 2026.
- Company maintained 2026 revenue guidance of $1.08 billion to $1.175 billion.
- Gross margin was 46.4% (GAAP) in Q1 2026, compared to 47.9% in Q1 2025.
- Completed sale of ACM Shanghai shares, generating $110 million gross proceeds.
- Cash and cash equivalents, plus restricted cash and short-term time deposits, totaled $1.25 billion.
Price Impact
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