Quarterly ResultAug 7, 2026, 04:14 PM
ACM Research Q2 Revenue $292.9M, Net Income $89.0M; EPS $1.23
AI Summary
ACM Research, Inc. reported strong financial results for the second quarter and first six months ended June 30, 2026. For Q2 2026, revenue increased to $292.9 million and net income attributable to ACM Research, Inc. rose to $89.0 million, resulting in diluted EPS of $1.23. The company also completed the sale of approximately 4.8 million shares of its subsidiary ACM Shanghai for $110.2 million gross proceeds and sold approximately 2.9 million of its own shares for $148.4 million net proceeds.
Key Highlights
- Q2 2026 revenue rose to $292.9M from $215.4M YoY.
- Q2 2026 net income attributable to ACM Research was $89.0M, up from $29.8M YoY.
- Q2 2026 diluted EPS was $1.23, compared to $0.44 YoY.
- Six-month 2026 revenue reached $524.2M, up from $387.7M YoY.
- Six-month 2026 net income attributable to ACM Research was $106.3M, up from $50.1M YoY.
- Sold 4.8M ACM Shanghai shares for $110.2M gross proceeds in Feb 2026.
- Sold 2.9M ACM Research shares for $148.4M net proceeds in May 2026.
- Ownership in ACM Shanghai decreased from 73.6% to 73.2%.
Price Impact
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