• Reported GAAP EPS of $0.12 down -75.51% YoY • Reported revenue of $244.43M up 9.38% YoY • ACM Research maintains its 2026 revenue outlook of $1.08B to $1.18B, projecting 21-30% growth, based on international trade policy and customer spending scenarios.
Bullish
ACM Research achieved record annual revenue growth and expanded its global presence with new product deliveries like the Ultra ECP ap-p. The company also maintained a strong cash position of $845 million.
Bearish
ACM Research experienced declining Q4 and FY2025 gross margins and operating income, coupled with a 20.8% increase in operating expenses. Total shipments also decreased, with international trade policy remaining a factor.