ACM Research Q4 revenue rises 9.4% to $244.4 million; profit falls, 2026 outlook held
ACM Research reported fourth quarter 2025 revenue of $244.4 million, up 9.4%, but GAAP net income attributable to the company fell to $8.0 million from $31.1 million, and diluted EPS dropped to $0.11 from $0.46. For the full year, revenue rose 15.2% to $901.3 million while net income fell to $94.1 million from $103.6 million, and the company kept its 2026 revenue guidance of $1.08 billion to $1.175 billion.
Key points
- Q4 2025 revenue was $244.4 million, up 9.4%, while Q4 GAAP gross margin fell to 40.9% from 49.6%.
- Full-year 2025 GAAP diluted EPS was $1.37, down from $1.53 in 2024.
- The company maintained its fiscal 2026 revenue guidance range of $1,080 million to $1,175 million.
- Net cash was $845.5 million at December 31, 2025, versus $259.1 million a year earlier.
The filing
Written by AI on Nov 8, 2026, 1:38 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 26, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.