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ACM Research ACMR Gross Profit

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Other financials

Income statement

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Revenue$231.3M+34.2%
Operating income$36.2M+40.3%
Net income$17.3M-15.1%
EPS (diluted)$0.24-20.0%

Balance sheet

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Cash & equivalents$894.1M+91.1%
Total debt$323.8M+91.3%
Total equity$1.6B+66.6%
Total assets$3.1B+58.5%

Cash flow

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Operating cash flow-$29.5M-659%
CapEx$22.2M+32.7%
Free cash flow-$51.7M-352%

Valuation

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Market cap$5.52B+244%
Enterprise value$4.95B+260%
P/E60.7×+46.4×
P/S5.8×+3.8×

Profitability

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Gross margin44.2%-5.0pp
Operating margin12.5%-6.4pp
Net margin9.5%-3.8pp
FCF margin-1.1%-0.5pp

Returns & leverage

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Return on equity7.2%-5.0pp
Debt / equity0.2×0.0×
Current ratio3.5×+1.1×

Where this comes from

Calculated from ACM Research’s reported figures.

The source filing: ACM Research’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:05 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032842
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Revenue (note 3)$231,263$172,347
Cost of revenue, including cost of revenue from related parties of $12,483 for the three months ended March 31, 2026 and $9,399 for the three months ended March 31, 2025, respectively124,02589,797
Gross profit107,23882,550
Operating expenses:
Sales and marketing20,68816,343
Research and development36,54927,503
General and administrative13,82412,927
Total operating expenses71,06156,773

Item 1. Financial Statements (unaudited)

FAQ

What is ACM Research's gross profit?
ACM Research (ACMR) reported gross profit of $107.24M in Q1 2026.
How has ACM Research's gross profit changed year-over-year?
ACM Research's gross profit increased by 29.9% year-over-year, from $82.55M to $107.24M.
What is the long-term trend for ACM Research's gross profit?
Over 4 years (2021 to 2025), ACM Research's gross profit has grown at a 36.6% compound annual growth rate (CAGR), from $114.86M to $400.07M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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