Inferra AIResearch Tools

Inferra AI / Company / ACMR

ACM Research, Inc.

ACMR · Industrials

Last earnings Aug 7, 2026

Key results

Revenuequarter

$231 million

We are off to a solid start in 2026, with revenue of $231 million, up 34% year-over-year, and shipments of $241 million, up 54% year-over-year.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Growthquarter

up 34%

We are off to a solid start in 2026, with revenue of $231 million, up 34% year-over-year, and shipments of $241 million, up 54% year-over-year.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Revenue was $231.3 million, up 34.2%, reflecting growth from ECP (front-end and packaging), furnace and other technologies, and advanced packaging (excluding ECP), services spares.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Gross marginquarter

46.4%

Gross margin was 46.4% versus 47.9%.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Gross margin was above the mid-point of ACM s long-term business model target range of 42% to 48%.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Operating expenses as a percentage of revenue decreased to 30.7% from 32.9%.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Non-GAAP operating expenses as a percentage of revenue increased to 28.4% from 27.6%.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Operating incomequarter

$36.2 million

Operating income was $36.2 million, up 40.3% compared to $25.8 million.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Operating marginquarter

15.6%

Operating margin was 15.6% compared to 15.0%.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

AI analysis

Q1 2026 · reported May 7, 2026

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q1 2026
$231M
EX-99 · May 7, 2026
Gross margin · Q1 2026
46.4%
EX-99 · May 7, 2026
Operating income · Q1 2026
$36.2M
EX-99 · May 7, 2026
Operating margin · Q1 2026
15.6%
EX-99 · May 7, 2026

The quarter in charts

Guidance ladder — revenue

Delivered vs the company's guided range

EX-99 · May 7, 2026 Guide as stated by the company; range and midpoint computed from the stated figure.

Headline figures

MetricQ1 2026Prior qtrYear ago
Revenue$231 million——
Growthup 34%——
Gross margin46.4%——
Operating income$36.2 million——
Operating margin15.6%——

EX-99 · May 7, 2026

Guidance · company-stated

Direction: Reiterated

Revenue

“We are maintaining our 2026 revenue outlook for 21%-30% growth, supported by new product cycles, market share gains, and increasing engagement from global customers.”

Revenue$1.08 billion

“Outlook ACM is maintaining its revenue guidance range of $1.08 billion to $1.175 billion for fiscal year 2026.”

Midpoint vs latest-quarter revenue+367.5%computed from stated figures

Classified from the release's primary full-year outlook statement.

Next earningsNo verified date on fileNo date is estimated or imported

Margin

Gross margin46.4%
Operating margin15.6%

Capital allocation

Net cash, which excludes short-term and long-term borrowings, was $924.2 million at March 31, 2026, versus $844.5 million at December 31, 2025.

Financial Instruments The Company periodically invests in equity and debt securities, and maintains an investment portfolio of various holdings, types, and maturities.

What changed vs last quarter

  • Guide midpoint vs latest-quarter revenue +367.5% computed from stated figures

Company-stated claims

Aug 7, 2026

Historical · advanced packaging categories, which grew 168% · revenue

“Revenue growth was led by the ECP and advanced packaging categories, which grew 168% and 153%, respectively, reflecting the growing contribution of our broader product portfolio.”

EX-99 · Aug 7, 2026
General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

ACM Research Reports First Quarter 2026 Results

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

Direction: Reiterated

Revenue: “We are maintaining our 2026 revenue outlook for 21%-30% growth, supported by new product cycles, market share gains, and increasing engagement from global customers.”

Revenue: “Outlook ACM is maintaining its revenue guidance range of $1.08 billion to $1.175 billion for fiscal year 2026.”

Revenue — Raised (“increasing”)
“We are maintaining our 2026 revenue outlook for 21%-30% growth, supported by new product cycles, market share gains, and increasing engagement from global customers.”

Revenue — Reiterated (“maintaining”)
“Outlook ACM is maintaining its revenue guidance range of $1.08 billion to $1.175 billion for fiscal year 2026.”

Classified from the release's primary full-year outlook statement.

Capital allocation

Net cash, which excludes short-term and long-term borrowings, was $924.2 million at March 31, 2026, versus $844.5 million at December 31, 2025.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Financial Instruments The Company periodically invests in equity and debt securities, and maintains an investment portfolio of various holdings, types, and maturities.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The Company s investments in debt securities have been classified as available-for-sale securities.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The Company classifies its debt securities as either short-term or long-term based on each instrument s underlying contractual maturity date.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Unrealized gains on debt securities classified as available-for-sale are recognized in accumulated other comprehensive income in the condensed consolidated balance sheets.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

The Company s financial instruments primarily include its cash, cash equivalents, restricted cash, short-term and long-term deposits, short-term and long-term investments, other receivables, accounts receivable, accounts payable, and short-term and long-term borrowings.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Strategy & priorities

Wang concluded, Our business has momentum, our strategy is working, and we remain firmly committed to delivering world-class innovative solutions to meet current and future requirements across a broad and expanding global customer base.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

The initiative is intended to strengthen ACM Shanghai s capital base, enhance competitiveness, attract and retain talent, and further expand its international market presence.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Financial analysts may focus on and publish both historical results and future projections based on the non-GAAP financial measures.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

All statements, other than statements of historical facts , included in this report regarding our strategy, future operations, future financial position, future revenue, projected costs, prospects, plans and objectives of management are forward-looking statements.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Risks & headwinds

Our R D over the past 5 years, together with our internal Lingang mini-line, is paying off with industry-leading offerings across several product categories enabling our global customers to solve their evolving production challenges.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Forward-looking statements are based on ACM management s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied - 3 - Exhibit 99.1 by the forward-looking statements.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM.

SEC original ↗ACM Research, Inc. — Earnings release (8-K exhibit)EX-99May 7, 2026

Legal Proceedings 47 Item 1A.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Although we believe that the expectations reflected in these forward-looking statements are reasonable, these statements relate to future events or our future operational or financial performance, and involve known and unknown risks, uncertainties and other factors, including those described or incorporated by reference in Item 1A.

SEC original ↗ACM Research, Inc. — 10-Q Quarterly report10-QAug 7, 2026

Competitors

Competitors & peers

Same GICS sector — classification peers, not declared competitors

RELX (RELX) IndustrialsThomson Reuters (TRI) IndustrialsFedEx (FDX) IndustrialsVertiv (VRT) IndustrialsCanadian National Railway (CNI) IndustrialsAerCap Holdings (AER) IndustrialsCanadian Pacific Kansas City (CP) IndustrialsGeneral Dynamics (GD) Industrials
Documents

Filings

49 documents

Earnings releases

6 documents

Presentations

0 documents

No presentations for ACM Research, Inc. are held in this edition of the library.

Transcripts

0 documents

No transcripts for ACM Research, Inc. are held in this edition of the library.

See also the earnings calendar for every tracked company’s next earnings date.