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ACM Research ACMR Total Operating Expenses

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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$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

Reported directly by ACM Research in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

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
Sales and marketing20,68816,343
Research and development36,54927,503
General and administrative13,82412,927
Total operating expenses71,06156,773
Income from operations36,17725,777
Interest income4,7193,339
Interest expense(1,933)(1,558)
Unrealized loss on short-term investments (note 11)(1,406)(1,082)

Item 1. Financial Statements (unaudited)

FAQ

What is ACM Research's total operating expenses?
ACM Research (ACMR) reported total operating expenses of $71.06M in Q1 2026.
How has ACM Research's total operating expenses changed year-over-year?
ACM Research's total operating expenses increased by 25.2% year-over-year, from $56.77M to $71.06M.
What is the long-term trend for ACM Research's total operating expenses?
Over 4 years (2021 to 2025), ACM Research's total operating expenses has grown at a 39.8% compound annual growth rate (CAGR), from $76.15M to $290.64M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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