Earnings Releases·Nov 5, 2026, 7:43 AM ET

ACM Research — Third Quarter 2026 Earnings Summary

Q3 2026 revenue reached $367.7 million, a 36.6% year-over-year increase, while GAAP operating income rose to $55.5 million from $28.9 million; shipments grew 30.6% year-over-year to $343.5 million.
Full-year 2026 revenue guidance was raised to $1.24 billion–$1.28 billion (38%–42% growth), reflecting robust demand and expected Q4 shipment growth.
The second building of the Lingang manufacturing facility is scheduled to come online in Q4 2026, doubling manufacturing floor space to support capacity expansion.
Strategic product milestones include the October shipment of the first 310×310 mm Ultra ECP tool to an Asian customer and the introduction of an enhanced Single-Wafer Hot SPM system with a 70% sulfuric acid recycle rate.
Cash and cash equivalents decreased to $1.28 billion at September 30, 2026, from $1.36 billion at June 30, 2026, while short-term borrowings increased to $130.7 million from $74.0 million at year-end 2025.