ACM Research Q1 revenue $172.3M (+13% YoY); GAAP EPS $0.30, non-GAAP $0.46

ACM Research, Inc.

2025-Q1 EPS reported $0.30 revenue$172,347,000

Revenue $172.3M, up 13% YoY; GAAP diluted EPS $0.30 vs $0.26; non-GAAP diluted EPS $0.46 vs $0.52.
GAAP gross margin 47.9%, down from 52.0% YoY; non-GAAP gross margin 48.2% vs 52.5%.
Qualified high-temperature SPM tool with leading China logic customer; U.S. customer accepted backside/bevel etch tool.
Received 2025 3D InCites Technology Enablement Award for Ultra ECP ap-p horizontal plating tool.
Expecting incremental 2025 revenue from Tahoe, SPM, furnace; investing in Oregon facility for global customer evaluations.

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