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ACM Research ACMR Inventory Write Down

Discontinued — last reported Q4 '25

Inventory Write Down at other companies

Constellation Brands logo
Constellation BrandsSTZ
$1.5M
RPM International logo
RPM InternationalRPM
$500K-97.7%
Best Buy logo
Best BuyBBY
$4.25M+383%
lululemon athletica logo
lululemon athleticaLULU
$0-100%
Zoetis logo
ZoetisZTS
$1M
Arrow Electronics logo
Arrow ElectronicsARW
$50.4M

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 us-gaap:InventoryWriteDown.

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 inventory write down?
ACM Research (ACMR) reported inventory write down of $5.63M in Q4 2025.
What is the long-term trend for ACM Research's inventory write down?
Over 3 years (2021 to 2025), ACM Research's inventory write down has grown at a 491.0% compound annual growth rate (CAGR), from $75K to $15.49M.
What does inventory write down mean?
The cost recorded when inventory is deemed worth less than its original production or purchase cost.
How do you interpret inventory write down?
An increase suggests potential product obsolescence, poor demand forecasting, or declining market value for the company's products.
How does inventory write down compare across companies?
Standard operating metric for manufacturing firms; peers typically disclose this in the cost of goods sold or operating expenses section.