ACM Research designs and manufactures wet-processing equipment used to clean and prepare semiconductor wafers during chip fabrication. It is known for proprietary technologies such as SAPS, TEBO, and Tahoe that aim to improve particle removal and process efficiency at advanced nodes. Customers are semiconductor foundries and device makers; a large share of demand has historically come from manufacturers in China and Asia, with growing international exposure.
| Quarter | Revenue | YoY % | Earnings | YoY % |
|---|---|---|---|---|
| Q1 2025 | 172.3 | — | 20.4 | — |
| Q2 2025 | 215.4 | — | 29.8 | — |
| Q3 2025 | 269.2 | — | 35.9 | — |
| Q4 2025 | 244.4 | — | 8.1 | — |
| Q1 2026 | 231.3 | 34.2% | 17.3 | -15.1% |
| Q2 2026 | 292.9 | 36% | 89 | 199% |
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