ACM Research (NASDAQ:ACMR) Releases Earnings Results, Beats Estimates By $0.08 EPS

ACM Research (NASDAQ:ACMR) announced its earnings results on Thursday. The specialty retailer reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.08, FiscalAI reports. ACM Research had a return on equity of 4.17% and a net margin of 9.48%.The company had revenue of $231.26 million for the quarter, compared to analysts’ expectations of $215.69 million. During the same quarter in the previous year, the firm earned $0.46 earnings per share. ACM Research’s quarterly revenue was up 34.2% on a year-over-year basis.

Here are the key takeaways from ACM Research’s conference call:

• Q1 financials: Revenue was $231M (+34%) with shipments up 54%, gross margin 46.5%, net cash ~$924M, and management reiterated its 2026 revenue outlook of $1.08B–$1.175B.
• ECP and advanced packaging strength: ECP/furnace/other revenues grew ~205% year‑over‑year driven by electroplating momentum and panel-level horizontal plating (515×510) has been delivered to customers with a growing backlog toward potential volume orders.
• Single‑wafer SPM ramp: Management expects >15–20 SPM units delivered by year‑end, touting superior particle performance and a maintenance‑free design that they say should win market share versus the incumbent.
• Cleaning segment mix and timing: Cleaning revenue declined ~6% year‑over‑year, but shipments rose 32% and PO backlog increased, with management saying new SPM shipments will drive normalization of the cleaning mix later in 2026.
• Capacity and globalization: Lingang mini‑line is operational and a second building will raise capacity toward a $3B annual run‑rate, while an Oregon demo lab and plans for U.S. tool production by year‑end 2026 support global deployment (>20 tools outside mainland China expected in 2026).

ACM Research Stock Up 1.1%

ACMR stock opened at $59.85 on Friday. The stock has a market cap of $3.66 billion, a P/E ratio of 45.69 and a beta of 1.82. The company has a current ratio of 3.51, a quick ratio of 2.33 and a debt-to-equity ratio of 0.11. The stock’s fifty day simple moving average is $48.52 and its two-hundred day simple moving average is $46.20. ACM Research has a 1-year low of $21.87 and a 1-year high of $71.65.

ACM Research News Summary

Here are the key news stories impacting ACM Research this week:

• Positive Sentiment: ACM Research beat Q1 estimates, reporting $0.34 EPS versus the consensus estimate of $0.16 to $0.26, while revenue of $231.26 million also came in above expectations. ACM Research, Inc. (ACMR) Q1 Earnings and Revenues Top Estimates
• Positive Sentiment: Management and coverage around the results pointed to a major surge in ECP revenue and stronger advanced packaging demand, which suggests improving shipment momentum and better near-term growth prospects. ACMR Q1 Earnings Beat Estimates on ECP Strength and Packaging Demand
• Neutral Sentiment: Several transcript and commentary pieces circulated after the earnings release, keeping investor attention focused on the company’s outlook, margins, and semiconductor demand trends. ACM Research, Inc. (ACMR) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: ACM Research was also mentioned in broader AI-chip coverage, which may have added some speculative interest, though this was not a company-specific catalyst. You may not know this 1 China-focused chip stock but Seaport Global analysts can’t get enough
• Negative Sentiment: The results also showed earnings per share declined from $0.46 a year ago to $0.34, indicating year-over-year earnings pressure even as revenue growth remained strong.

Insider Buying and Selling at ACM Research

In other news, Director Charles C. Pappis sold 5,000 shares of the firm’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $52.00, for a total transaction of $260,000.00. Following the completion of the sale, the director directly owned 5,000 shares of the company’s stock, valued at $260,000. This trade represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Tracy Liu sold 15,000 shares of ACM Research stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $47.91, for a total value of $718,650.00. Following the sale, the director owned 110,772 shares in the company, valued at $5,307,086.52. The trade was a 11.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 65,000 shares of company stock valued at $3,110,750. Insiders own 25.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Invesco Ltd. increased its stake in shares of ACM Research by 444.5% during the 4th quarter. Invesco Ltd. now owns 1,342,136 shares of the specialty retailer’s stock worth $52,947,000 after purchasing an additional 1,095,634 shares during the last quarter. Cederberg Capital Ltd lifted its stake in ACM Research by 39.8% in the fourth quarter. Cederberg Capital Ltd now owns 693,900 shares of the specialty retailer’s stock valued at $27,374,000 after purchasing an additional 197,400 shares during the last quarter. Vident Advisory LLC purchased a new position in ACM Research in the fourth quarter valued at approximately $383,000. State of Tennessee Department of Treasury bought a new position in ACM Research during the fourth quarter valued at $622,000. Finally, Mackenzie Financial Corp increased its position in ACM Research by 4.3% in the fourth quarter. Mackenzie Financial Corp now owns 56,681 shares of the specialty retailer’s stock worth $2,274,000 after buying an additional 2,344 shares during the last quarter. 66.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ACMR has been the subject of a number of analyst reports. Zacks Research lowered ACM Research from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Wall Street Zen upgraded shares of ACM Research from a “sell” rating to a “hold” rating in a research note on Saturday. Seaport Research Partners initiated coverage on shares of ACM Research in a report on Monday. They issued a “buy” rating and a $75.00 target price for the company. Finally, Weiss Ratings upgraded shares of ACM Research from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, April 24th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $40.00.

About ACM Research

ACM Research, Inc (NASDAQ:ACMR) designs, develops and markets wet processing equipment for the semiconductor industry. The company focuses on advanced wafer cleaning technologies that address critical contamination-control requirements for logic, memory and advanced packaging applications. Since its founding in 2003, ACM Research has engineered modular platform tools that can be configured for a range of spin, scrub and batch cleaning processes.

Its product portfolio encompasses single-wafer spin cleaning systems featuring high-purity megasonic capabilities, dynamic chemical scrubbing modules for post-CMP residue removal and batch-process cleaning equipment designed for high-throughput production environments.