---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-023074"
form_type: "8-K"
ticker: "ACMR"
cik: "0001680062"
company_name: "ACM Research, Inc."
filed_at: "2023-05-05T23:59:59+00:00"
generated_at: "2026-06-15T16:58:46.513310+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ACM Research Q1 revenue $74.3M (+76% YoY); turns profitable with $0.11 diluted EPS

## Summary
- Revenue $74.3M, up 76% YoY from $42.2M; gross margin expands to 53.8% from 46.7%.
- GAAP net income $7.1M ($0.11 diluted EPS) vs loss of $5.8M ($0.10 loss) in Q1 2022.
- Non-GAAP net income $9.9M ($0.15 diluted EPS) vs non-GAAP loss $0.6M.
- CEO cites growth from cleaning, ECP, furnace, new Track and PECVD; purchased land in South Korea for R&D/production.
- Expects continued growth from new products, mature node investments in China, initial international customer contributions.

## SEC filing metadata
- accession: 0001140361-23-023074
- form_type: 8-K
- ticker: ACMR
- cik: 0001680062
- company_name: ACM Research, Inc.
- filed_at: 2023-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1680062/000114036123023074/0001140361-23-023074-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1680062/000114036123023074/brhc20052525_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-023074
- JSON: https://secwatch.observer/filing/0001140361-23-023074.json
- Plain text: https://secwatch.observer/filing/0001140361-23-023074.txt

## Key facts
- Earnings Releases
  ACM Research, Inc. reported first quarter ended March 31, 2023 results: revenue $74,256, net income $7,145, EPS $0.12.
  - Period: first quarter ended March 31, 2023
  - Revenue: $74,256
  - Net income: $7,145
  - EPS: $0.12
  - Result: reported results
  source text: and initial contribution from certain international customers.” Three Months Ended March 31, GAAP Non-GAAP(1) 2023 2022 2023 2022 (dollars in thousands, except EPS) Revenue $ 74,256 $ 42,186 $ 74,256 $ 42,186 Gross margin 53.8 % 46.7 % 54.0 % 46.9 % Income (loss) from operations $ 8,862 $ (9,306 ) $ 10,930 $ (7,932 ) Net income (loss) attributable to ACM
  evidence_url: https://www.sec.gov/Archives/edgar/data/1680062/000114036123023074/0001140361-23-023074-index.htm

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