Highest-materiality recent filing
ACM Shanghai Q1 new orders +65% YoY; reaffirms FY2026 rev guidance RMB 8.2-8.8B
Q1 2026 new orders up 65% YoY; full-year 2026 revenue guidance maintained at RMB 8.2-8.8 billion.
ACM Shanghai board approves H-share listing on HKEX Main Board, up to 7% of share capital
Board of ACM Shanghai (subsidiary of ACMR) approved H-share offering and listing on HKEX Main Board.
ACM Shanghai reports 65% YoY new order growth in Q1; high-temp SPM tool advances
New orders signed in Q1 2026 grew 65% year-over-year, supporting revenue outlook.
ACM Research closes $150M registered direct offering of 2.88M shares at $52
Closed offering of 2,884,615 Class A common shares at $52.00 per share on May 15, 2026.
ACM Research raises ~$150M via registered direct offering at $52/share
Offered 2,884,615 shares at $52.00 per share to institutional investors managed by Tekne Capital.
ACM Research Q1 revenue up 34% YoY to $231M; GAAP EPS declines to $0.24
Revenue $231M, up 34% YoY; shipments $241M, up 54% YoY.
ACM Research prelim Q1 rev $225-230M (+31-33% YoY); reaffirms FY outlook $1.08-1.175B
Preliminary Q1 2026 revenue $225-230M (31-33% YoY growth); total shipments $233-238M (49-52% YoY growth).
ACM Shanghai proposes H-share listing on HKEX to expand international reach
ACM Shanghai proposes issuance of H shares and listing on The Stock Exchange of Hong Kong Limited.
ACM Shanghai guides 2026 revenue RMB 8.2-8.8B; gross margin 42-48%
ACM Shanghai (ACMR subsidiary) issued 2026 revenue guidance of RMB 8.2 to 8.8 billion.
ACM Research Q4 2025 GAAP net income falls 74% YoY; FY revenue record $901M but margins shrink
Q4 2025 GAAP diluted EPS $0.11 vs $0.46 YoY; net income $8M vs $31M.
Complete sale of 4,801,648 shares of ACM Shanghai (688082) at RMB 160.00 (~$23.05) per share via inquiry-based transfer on SSE.
ACM Research sets preliminary transfer price of RMB 160/share for 4.8M ACM Shanghai shares
Preliminary transfer price: RMB 160.00 (~$23.05) per share; total of 4,801,648 shares to be sold.
ACM Research updates 2025 revenue outlook to $885-$900M; 2026 outlook $1.08-$1.175B
Revised FY2025 revenue guidance to $885-900M from prior $875-925M (narrowed range).
Order backlog as of Sep 29, 2025: RMB 9.072B, up 34.1% YoY; memory accounts for higher share than logic.
ACM Research Q3 revenue up 32% YoY to $269M; GAAP EPS $0.52, non-GAAP EPS $0.36
Revenue $269.2M, up 32% YoY; GAAP diluted EPS $0.52 (vs $0.45), non-GAAP diluted EPS $0.36 (vs $0.63).
ACM Research prelim Q3 rev $264-267M (+29-31% YoY); shipments $257-262M (-2-0%)
Preliminary unaudited Q3 2025 revenue $264-267M, up 29-31% year-over-year.
ACM Shanghai backlog up 34.1% YoY to RMB 9.07B as of Sep 29, 2025
Total backlog of RMB 9,071.5M ($1,271.6M), up 34.1% year-over-year.
ACM Shanghai subsidiary raises $630M private placement; ACM stake drops to 74.5%
ACM Shanghai issued 38.6M ordinary shares at RMB 116.11 per share, gross proceeds approx. $630M.
ACM Shanghai Q2 revenue up ~40% sequentially, raises China SAM target to $7B
Q2 2025 revenue grew nearly 40% sequentially, led by cleaning and electroplating equipment.
ACM Research Q2 2025 revenue up 6% YoY to $215M; raises China revenue target
GAAP revenue $215.4M, up 6% YoY; GAAP net income $29.8M, up 23% YoY.
ACM Shanghai gets CSRC nod for private offering up to $625M
CSRC approved private offering of up to 44.1M ordinary shares by ACM Shanghai, ACM Research's operating subsidiary.
ACM Shanghai approves $40.1M dividend; guides 16%-26% revenue growth for 2025
ACM Shanghai approved ~RMB 288.3M ($40.1M) dividend to shareholders, expected by end of 2025.
ACM Research Q1 revenue $172.3M (+13% YoY); GAAP EPS $0.30, non-GAAP $0.46
Revenue $172.3M, up 13% YoY; GAAP diluted EPS $0.30 vs $0.26; non-GAAP diluted EPS $0.46 vs $0.52.
ACM Research Q1 preliminary rev $165-170M (+8.4-11.7% YoY); reaffirms FY rev $850-950M
Preliminary Q1 2025 revenue $165-170M, up 8.4-11.7% year-over-year.
ACM Shanghai provides 2024 business update: furnace customers double, Tahoe cleaning gains traction
Furnace equipment customer count grew to 17 at end-2024, up from 9 a year earlier; expects accelerating revenue contribution in 2025.
ACM Research FY2024 revenue up 40% to $782M, operating profit up 58%, $152M cash from ops
Q4 revenue $223.5M (+31% YoY), GAAP diluted EPS $0.46, non-GAAP $0.56.
ACM Research raises 2024 revenue outlook to $755-770M; initial 2025 view $850-950M
Updated 2024 revenue guidance raised to $755-770M from prior $725-745M (up ~4% at midpoint).
ACM Research reports record Q3 revenue of $204M; raises 2024 outlook
Q3 revenue $204.0M (record), up 21% YoY from $168.6M; shipments and cash flow from operations positive.
ACM Research preliminary Q3 revenue $200-203M, up 19-20% YoY
Preliminary unaudited Q3 revenue expected $200-203M, up 19-20% YoY.
ACM Shanghai backlog flat YoY at RMB 6.76B; orders under contract up 3.66%
Total backlog of RMB 6,764.6M ($964.8M) as of Sep 30, 2024 vs RMB 6,795.8M a year ago, down 0.46%.
ACM Research Q2 revenue record $202.5M, raises 2024 outlook; long-term target $3B
Q2 revenue $202.5M (up 40% YoY); GAAP diluted EPS $0.35; non-GAAP diluted EPS $0.55.
ACM Research subsidiary ACM Shanghai approves ~$37.7M dividend, targets 29-49% revenue growth
ACM Shanghai stockholders approved a dividend of approx. RMB 273.2M ($37.7M), expected by end of 2024.
ACM Shanghai guides FY2024 revenue RMB5-5.8B, gross margin at 40-45% upper end
Q1 2024 performance reviewed; FY2024 revenue expected between RMB5B and RMB5.8B (~$690-800M).
ACM Research Q1 revenue up 105% YoY to $152M; GAAP diluted EPS $0.26
Revenue $152.2M, up 105% YoY; GAAP diluted EPS $0.26 vs $0.11.
ACM Research pre-announces Q1 revenue $150-152M, up 102-105% YoY; reaffirms FY2024 outlook
Preliminary Q1 2024 revenue $150M-$152M, year-over-year growth of 102% to 105%.
ACM Shanghai guides 2024 revenue RMB 5-5.8B; shipments growth to exceed revenue
2024 revenue guidance of RMB 5-5.8 billion, driven by China's semiconductor demand.
ACM Research reports Q4 revenue $170.3M (+57% YoY); FY revenue $557.7M (+43% YoY)
Q4 GAAP diluted EPS $0.26 vs $0.18 YoY; non-GAAP diluted EPS $0.43 vs $0.19 YoY.
ACM Shanghai investor update: sees 2024 China uptick, overseas progress, product roadmaps
Cleaning equipment now addresses ~95% of process steps; PECVD uses unique one-chamber-three-chucks design, targeting 3-5 new core customers in 2024.
Up to 43.6M ordinary shares (10% of share capital) offered by ACM Research (Shanghai).
ACM Research raises 2023 revenue outlook to $530-545M; guides 2024 revenue $650-725M
2023 revenue outlook raised to $530-545M from prior $520-540M, citing strong China demand.
provided the Board with notice of his intent not to stand for reelection to the Board at the 2025 Annual Meeting of Stockholders.
The Board of Directors (the “Board”) of ACM Research, Inc. (the “Company”) has appointed Charles Pappis to serve as a member of the Board and its Audit Committee, effective March 15, 2025.
Xiao Xing has provided notice to the Board of Directors (the “Board”) of ACM Research, Inc. (the “Company”) that she will resign as a member of the Board and the Audit Committee, effective November 15, 2024.
Max materiality 0.80 · Median 0.65 · Most common event other_material