10x Insights
Loading account…
Companies / Information Technology / ACM Research, Inc.
ACMR

ACM Research, Inc.

Information TechnologyIndustrial Machinery
Ticker ACMRFREMONT, CAFiscal year ends DecemberBook value per share $26.32Diluted shares 70.7M

ACM Research, Inc. (Nasdaq: ACMR) supplies capital equipment for the global semiconductor industry, serving chip fabricators and wafer assembly and packaging customers. Its tools support wafer cleaning, metal plating, furnace processing, plasma-enhanced chemical vapor deposition, track processing and advanced… From the company’s description.

In fiscal 2025, ACM Research, Inc. reported revenue of $901.31M, up 15.2% from fiscal 2024, and net income of $121.89M. Its operating margin was 12.1%, and operations used $10.32M in cash. Over the twelve months to Jun 30, 2026, revenue was $1.04B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$901.31MFY2025
+15.2% year over year
Last 12 mo $1.04B
12.14%FY2025
−7.2 percentage points
Last 12 mo 13.29%
$121.89MFY2025
−7.1% year over year
Last 12 mo $209.10M
6.42%FY2025
−5 percentage points
Last 12 mo 8.08%
Cash & financing
$-10.32MFY2025
−106.8% year over year
Last 12 mo $-6.60M
$-66.61MFY2025
−195.2% year over year
Last 12 mo $-118.74M
0.32FY2025
Was 0.36× a year earlier
Last 12 mo 0.29
67.3MFY2025
+1.6% year over year
Last 12 mo 70.7M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What ACM Research, Inc. does

In the company’s own words

ACM Research, Inc. (Nasdaq: ACMR) supplies capital equipment for the global semiconductor industry, serving chip fabricators and wafer assembly and packaging customers. Its tools support wafer cleaning, metal plating, furnace processing, plasma-enhanced chemical vapor deposition, track processing and advanced packaging, for foundry, logic, memory and other chip production. Cleaning systems using SAPS, TEBO and Tahoe technologies are its largest product category; other offerings include Ultra ECP plating tools and Ultra C packaging equipment. In 2025, cleaning equipment generated 69.5% of revenue, ECP, furnace and other technologies 22.1%, and advanced packaging, services and spares 8.4%. The company conducts most product development, manufacturing, support and services in mainland China, with additional development and subsystem production in Korea, and sells globally through direct teams and representatives. Revenue was $901.4 million in fiscal 2025, and the company had 2,513 full-time equivalent employees at year-end. ACM Research was founded in 1998 and operates principally through its subsidiary ACM Shanghai. Its website is www.acmr.com.

Company details
Sector
Information Technology
Industry (SIC)
Industrial Machinery
Headquarters
FREMONT, CA
Fiscal year end
December
CIK
1680062
SIC
3559

Financial performance, year by year

Fiscal 2017–2025 · USD
$-104.74M$206.86M$518.45M$830.04M$1.14B201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns ACM Research, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

288
funds hold it
0 of 35
superinvestors hold it
$2.64B
held by funds, at market
37.5%
of shares held by funds

Largest fund holders · ACM Research, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.39%of fund net assets
0.39%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.21%of fund net assets
0.07%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

Compare this company with peers, find it in your funds and follow its financial history with your connected AI:

  • “How do ACM Research, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of ACM Research, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
  • “What changed in ACM Research, Inc.'s last four quarterly filings that the numbers alone won't show?”
See how it works →All research tools with a subscription. Use your own AI account.