AI brief of an SEC Form 8-K · ACM Research (ACMR)

ACM Research Q4 revenue rises 9.4% to $244.4 million; profit falls, 2026 outlook held

Mixed Impact 3 of 5 earnings Written later

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

CompanyACM Research (ACMR)
Form8-K, current report
Filed with the SECFeb 26, 2026, 7:47 AM ET
Accession number0001628280-26-011998

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

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.