Earnings ·
ACM Research reports Q3 revenue of $367.7 million, raises full-year outlook to above $1.28 billion
ACMRACM Research, Inc.
ACM Research reported third-quarter 2026 revenue of $367.7 million, a 37% increase year over year, driven by strong demand for electroplating and cleaning technologies. GAAP net income was $1.5 million ($0.02 diluted EPS), significantly lower than the prior-year period due to a $39.1 million unrealized loss on short-term investments; non-GAAP net income was $40.5 million ($0.55 diluted EPS). The company raised its full-year 2026 revenue guidance to $1.24 billion–$1.28 billion, reflecting robust shipment growth expectations. ACM also announced the shipment of its first 310x310 mm panel-level horizontal electroplating tool and an enhanced hot SPM system with acid recycling capabilities. ACM Research develops, manufactures, and sells semiconductor process equipment for wafer processing and advanced packaging applications.