---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-008431"
form_type: "8-K"
ticker: "ACMR"
cik: "0001680062"
company_name: "ACM Research, Inc."
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:48:23.498523+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ACM Research Q4 revenue $108.5M (+14% YoY); FY revenue $388.8M (+50%); introduces PECVD and Track Coater tools

## Summary
- Q4 revenue $108.5M (+14% YoY); FY revenue $388.8M (+50% YoY).
- GAAP diluted EPS Q4 $0.18 (down from $0.23); FY $0.59 (up from $0.58). Non-GAAP EPS Q4 $0.19, FY $0.83.
- Gross margin improved: Q4 49.6% vs 47.8%; FY 47.2% vs 44.2%.
- CEO cites new PECVD and Track Coater tools doubling SAM; evaluation tools at US and European customers.
- New facility in Lingang, Shanghai to begin initial production in H2 2023; increased investments in Korea.

## SEC filing metadata
- accession: 0001140361-23-008431
- form_type: 8-K
- ticker: ACMR
- cik: 0001680062
- company_name: ACM Research, Inc.
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680062/000114036123008431/0001140361-23-008431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680062/000114036123008431/brhc10048753_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-008431
- JSON: https://secwatch.observer/filing/0001140361-23-008431.json
- Plain text: https://secwatch.observer/filing/0001140361-23-008431.txt

## Key facts
- Earnings Releases
  ACM Research, Inc. reported the fiscal year ended December 31, 2022 results: revenue $388,832, net income $39,263, EPS Diluted EPS $0.59.
  - Period: the fiscal year ended December 31, 2022
  - Revenue: $388,832
  - Net income: $39,263
  - EPS: Diluted EPS $0.59
  - Result: reported results
  source text: Year Ended December 31, GAAP Non-GAAP(1) 2022 2021 2022 2021 (dollars in thousands, except EPS) Revenue $ 388,832 $ 259,751 $ 388,832 $ 259,751 Gross margin 47.2 % 44.2 % 47.4 % 44.4 % Income from operations $ 59,035 $ 38,702 $ 66,765 $ 43,819 Net income attributable to ACM Research, Inc. $ 39,263 $ 37,757 $ 54,848 $ 42,267 Basic EPS $ 0.66 $ 0.65 $ 0.93 $ 0.73 Diluted EPS (2) $ 0.59 $ 0.58 $ 0.83 $ 0.65
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680062/000114036123008431/0001140361-23-008431-index.htm
- Earnings Releases
  ACM Research, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $108,542, net income $11,809, EPS Diluted EPS $0.18.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $108,542
  - Net income: $11,809
  - EPS: Diluted EPS $0.18
  - Result: reported results
  source text: Three Months Ended December 31, GAAP Non-GAAP(1) 2022 2021 2022 2021 (dollars in thousands, except EPS) Revenue $ 108,542 $ 95,142 $ 108,542 $ 95,142 Gross margin 49.6 % 47.8 % 49.7 % 47.9 % Income from operations $ 16,670 $ 19,126 $ 19,164 $ 20,420 Net income attributable to ACM Research, Inc. $ 11,809 $ 15,565 $ 12,596 $ 18,069 Basic EPS $ 0.20 $ 0.27 $ 0.21 $ 0.31 Diluted EPS (2) $ 0.18 $ 0.23 $ 0.19 $ 0.27
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680062/000114036123008431/0001140361-23-008431-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.