ACMR
Company Description
ACM Research, Inc., along with its affiliated companies, is a global developer, manufacturer, and provider of specialized single-wafer wet cleaning systems. These crucial systems are designed to enhance manufacturing processes and improve the yield of integrated circuits across the globe. The company's innovative technological offerings include: Space Alternated Phase Shift (SAPS) technology: This system uniformly applies megasonic energy at a microscopic scale to both flat and patterned wafer surfaces by utilizing alternating phases of megasonic waves. Timely Energized Bubble Oscillation (TEBO) technology: Specifically engineered for patterned wafer surfaces at advanced process nodes, this technology precisely cleans intricate 2D and 3D patterned wafers. Tahoe technology: Providing superior cleaning performance, this solution significantly reduces the consumption of sulfuric acid and hydrogen peroxide. Electro-chemical plating technology: This offering facilitates advanced metal plating processes. ACM Research markets and sells its product line, branded as Ultra C, through a combination of its own direct sales force and independent third-party representatives. Established in 1998, ACM Research, Inc. is headquartered in Fremont, California.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 901.31M | 782.12M | 557.72M | 388.83M | 259.75M | 156.62M | 107.52M | 74.64M | 36.51M | 27.37M | 31.21M |
| Net Income | 94.08M | 103.63M | 77.35M | 39.26M | 37.76M | 18.78M | 18.89M | 6.57M | (316,000) | 1.03M | 5.38M |
| EPS | 1.47 | 1.67 | 1.29 | 0.66 | 0.65 | 0.34 | 0.37 | 0.12 | -0.02 | 0.04 | 0.35 |
| Free Cash Flow | (66.61M) | 69.99M | (139.66M) | (154.71M) | (49.80M) | (69.03M) | 8.28M | 4.84M | (8.87M) | (4.52M) | 1.33M |
| FCF / Share | -1.04 | 1.12 | -2.32 | -2.61 | -0.86 | -1.26 | 0.16 | 0.09 | -0.43 | -0.19 | 0.09 |
| Operating CF | (10.32M) | 152.45M | (75.32M) | (62.19M) | (40.09M) | (13.55M) | 9.40M | 6.91M | (8.10M) | (3.70M) | 2.70M |
| Total Assets | 2.87B | 1.86B | 1.49B | 1.24B | 1.05B | 341.26M | 217.70M | 103.05M | 67.89M | 44.47M | 32.15M |
| Total Debt | 302.98M | 188.78M | 99.10M | 79.50M | 39.14M | 50.01M | 17.64M | 9.45M | 5.11M | 4.77M | 9.69M |
| Cash & Equiv | 765.96M | 407.44M | 182.09M | 247.95M | 562.55M | 71.77M | 58.26M | 27.12M | 17.68M | 10.12M | 4.40M |
| Book Value | 1.46B | 904.62M | 767.39M | 674.86M | 676.20M | 141.15M | 97.32M | 52.32M | 39.86M | (2.43M) | (8.24M) |
| Return on Equity | 0.06 | 0.11 | 0.10 | 0.06 | 0.06 | 0.13 | 0.19 | 0.13 | -0.01 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 231.26M | 244.43M | 269.16M | 215.37M | 172.35M | 223.47M | 203.98M | 202.48M | 152.19M | 170.32M | 168.57M | 144.58M |
| Net Income | 17.31M | 8.05M | 35.89M | 29.76M | 20.38M | 31.08M | 30.90M | 24.21M | 17.43M | 17.70M | 25.68M | 26.82M |
| EPS | 0.26 | 0.12 | 0.56 | 0.47 | 0.32 | 0.49 | 0.49 | 0.39 | 0.28 | 0.29 | 0.43 | 0.45 |
| Free Cash Flow | (51.97M) | 18.95M | (15.64M) | (60.04M) | (11.82M) | 75.68M | (21.45M) | 48.01M | (35.74M) | (51.55M) | (46.05M) | 3.48M |
| FCF / Share | -0.79 | 0.29 | -0.24 | -0.94 | -0.19 | 1.21 | -0.34 | 0.77 | -0.58 | -0.85 | -0.76 | 0.06 |
| Operating CF | (29.54M) | 33.92M | (4.62M) | (44.90M) | 5.28M | 88.59M | 11.91M | 61.59M | (9.65M) | (38.35M) | (17.82M) | 11.35M |
| Total Assets | 3.07B | 2.87B | 2.77B | 2.04B | 1.93B | 1.86B | 1.79B | 1.67B | 1.56B | 1.49B | 1.41B | 1.32B |
| Total Debt | 337.06M | 302.98M | 297.04M | 287.37M | 237.14M | 188.78M | 176.21M | 151.19M | 121.16M | 99.10M | 87.56M | 80.92M |
| Cash & Equiv | 894.13M | 765.96M | 1.06B | 452.89M | 457.24M | 407.44M | 333.47M | 324.03M | 211.31M | 182.09M | 207.10M | 257.42M |
| Book Value | 1.58B | 1.46B | 1.43B | 986.45M | 949.15M | 904.62M | 888.17M | 833.17M | 796.20M | 767.39M | 729.05M | 691.95M |
| Return on Equity | 0.01 | 0.01 | 0.03 | 0.03 | 0.02 | 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.04 | 0.04 |