ACM Research Q1 revenue rises 34% to $231 million; net income falls to $17.3 million
ACM Research reported first quarter 2026 revenue of $231.3 million, up 34.2% from a year earlier, and shipments of $240.7 million. GAAP net income attributable to the company fell to $17.3 million, or $0.24 per diluted share, from $20.4 million, or $0.30, as other expense, net rose to $9.3 million and gross margin declined. The company maintained its 2026 revenue outlook of $1.08 billion to $1.175 billion.
Key points
- Q1 2026 revenue was $231.3 million, up 34.2% from $172.3 million; shipments were $240.7 million, up 53.6%.
- GAAP net income attributable to ACM Research was $17.3 million, versus $20.4 million; diluted EPS was $0.24, versus $0.30.
- GAAP gross margin was 46.4%, versus 47.9%; other expense, net was $9.3 million, versus $0.3 million.
- The company maintained its fiscal 2026 revenue guidance of $1.08 billion to $1.175 billion.
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 May 07, 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.