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ACM Research ACMR Foreign research and development expense

Foreign research and development expense at other companies

Plexus logo
PlexusPLXS
$7.49M+36.2%
Acuity Brands logo
Acuity BrandsAYI
$5.4M+11.3%
Digital Realty logo
Digital RealtyDLR
$32.64M
Ford Motor Company logo
Ford Motor CompanyF
$175.25M-11.4%
AeroVironment logo
AeroVironmentAVAV
-$19K-103%
Cadence Design Systems logo
Cadence Design SystemsCDNS
-$15.7M-15.8%

Other financials

Income statement

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Revenue$231.3M+34.2%
Gross profit$107.2M+29.9%
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$7.59B+75.5%
Enterprise value$7.02B+71.6%
P/E83.4×+42.8×
P/S7.9×+2.5×

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

Reported directly by ACM Research in its filing.

Tagged under the XBRL concept acmr:EffectiveIncomeTaxRateReconciliationForeignResearchExpensePercent.

The official record: ACM Research’s 10-K, filed March 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ACM Research's foreign research and development expense?
ACM Research (ACMR) reported foreign research and development expense of -11.9% in Q4 2025.
How has ACM Research's foreign research and development expense changed year-over-year?
ACM Research's foreign research and development expense decreased by 85.9% year-over-year, from -6.4% to -11.9%.
What does foreign research and development expense mean?
This tracks the tax benefits or costs associated with research and development activities conducted in foreign jurisdictions. It reflects the company's ability to leverage international R&D tax credits to lower its global effective tax rate. This is a key indicator of tax-efficient innovation strategy.