ACMR
$54.96-2.01%
ACM Research Inc.Stock · TechnologyRussell 2000 · 0.2% of IWMUS Stock Market · 0.010% of VTIRussell 3000 · 0.009% of IWVNasdaq Composite · 0.006% of ONEQ
ACMR financial statements
The full income statement, balance sheet, and cash-flow statement for ACM Research Inc. (ACMR), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 67.1M2024-09 66.7M2024-12 65.4M2025-03 67.0M2025-06 67.5M2025-09 68.4M2025-12 66.6M2026-03 69.8M2026-06 69.6M+3.9% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 901M+15.2% | 782M+40.2% | 558M+43.4% | 389M+49.7% | 260M+65.8% | |
| 400M+2.2% | 392M+41.8% | 276M+50.4% | 184M+59.9% | 115M+65.0% | ||
| Cost of revenue | 501M+28.3% | 391M+38.7% | 282M+37.2% | 205M+41.6% | 145M+66.5% | |
| 291M+20.8% | 241M+33.4% | 180M+44.8% | 125M+63.6% | 76.2M+58.3% | ||
| Research & development | 145M+37.5% | 105M+13.8% | 92.7M+49.0% | 62.2M+81.9% | 34.2M+78.9% | |
| Selling, general & administrative | 68.8M-1.3% | 69.6M+71.3% | 40.6M+80.9% | 22.5M+47.7% | 15.2M+24.6% | |
| General & administrative | 68.8M-1.3% | 69.6M+71.3% | 40.6M+80.9% | 22.5M+47.7% | 15.2M+24.6% | |
| Selling & marketing | 76.9M+17.5% | 65.4M+39.2% | 47.0M+17.9% | 39.9M+49.2% | 26.7M+59.4% | |
| Provision for credit losses | 14.5M+7.3% | 13.5M+393.1% | 2.74M | 0.00 | 0.00 | |
| Operating income | 109M-27.5% | 151M+57.6% | 95.8M+62.3% | 59.0M+52.5% | 38.7M+80.1% | |
| Interest expense | 6.96M+67.5% | 4.15M+54.8% | 2.68M+62.0% | 1.66M+116.3% | 765K-22.1% | |
| Interest & investment income | 14.6M+47.3% | 9.94M+18.9% | 8.35M-4.4% | 8.74M+1630.7% | 505K-43.7% | |
| Other non-operating income | -9.83M-255.2% | 6.33M+506.5% | -1.56M-147.0% | 3.31M+625.4% | -631K+81.3% | |
| Equity-method income | 10.3M+2332.6% | 423K-95.7% | 9.95M+113.3% | 4.67M+0.6% | 4.64M+607.9% | |
| Gain (loss) on equity securities | 17.5M+1693.9% | 973K+135.5% | -2.74M+65.2% | -7.86M-1394.1% | 607K-95.2% | |
| Pre-tax income | 135M-18.7% | 166M+43.1% | 116M+72.5% | 67.4M+56.5% | 43.1M+123.1% | |
| Income tax | 13.3M-62.0% | 35.0M+80.9% | 19.4M+15.3% | 16.8M+12435.8% | 134K+105.6% | |
| 94.1M-9.2% | 104M+34.0% | 77.3M+97.0% | 39.3M+4.0% | 37.8M+101.0% | ||
| Net income to non-controlling interest | 27.8M+0.6% | 27.6M+41.7% | 19.5M+72.6% | 11.3M+118.8% | 5.16M+78.3% | |
| Net income to common | 94.1M-9.2% | 104M+34.0% | 77.3M+97.0% | 39.3M+4.0% | 37.8M+101.0% | |
| $1.37-10.5% | $1.53+31.9% | $1.16+96.6% | $0.59+1.7% | $0.58+93.3% | ||
| EPS (basic) | $1.47-12.0% | $1.67+29.5% | $1.29+95.5% | $0.66+1.5% | $0.65+91.2% | |
| Weighted-avg shares (basic) | 64.2M+3.2% | 62.2M+3.4% | 60.2M+1.6% | 59.2M+2.7% | 57.7M+5.4% | |
| Weighted-avg shares (diluted) | 67.3M+1.6% | 66.2M+2.1% | 64.9M-0.7% | 65.3M-0.0% | 65.4M+2.8% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.44B+64.3% | 1.48B+26.1% | 1.18B+22.0% | 964M+1.1% | 953M+265.6% | ||
| Cash & equivalents | 757M+85.9% | 407M+123.8% | 182M-26.6% | 248M-55.9% | 563M+683.9% | |
| Short-term investments | 35.5M+83.4% | 19.4M-9.1% | 21.3M+5.5% | 20.2M-31.5% | 29.5M+4.5% | |
| Accounts receivable | 504M+30.3% | 387M+36.7% | 283M+54.8% | 183M+73.3% | 106M+87.0% | |
| Inventory | 703M+17.5% | 598M+9.6% | 545M+38.7% | 393M+80.3% | 218M+146.1% | |
| Prepaid expenses | 10.6M+40.8% | 7.51M-62.5% | 20.0M+28.3% | 15.6M+9.5% | 14.3M+142.0% | |
| 2.87B+54.8% | 1.86B+24.5% | 1.49B+20.7% | 1.24B+17.4% | 1.05B+208.3% | ||
| Property, plant & equipment | 315M+16.9% | 269M+33.4% | 202M+143.6% | 82.9M+490.2% | 14.0M+71.4% | |
| Operating lease right-of-use | 17.9M+27.7% | 14.0M-8.8% | 15.4M+518.4% | 2.49M-40.5% | 4.18M-2.7% | |
| Intangible assets | 2.85M-17.7% | 3.46M+36.4% | 2.54M+102.2% | 1.25M+163.1% | 477K-13.9% | |
| Long-term investments | 66.0M+78.2% | 37.1M+32.9% | 27.9M+59.7% | 17.5M+37.5% | 12.7M | |
| Deferred tax assets | 29.4M+98.8% | 14.8M-27.1% | 20.3M+202.4% | 6.70M-49.1% | 13.2M+18.9% | |
| Other non-current assets | 4.48M-78.1% | 20.5M+238.0% | 6.05M-88.0% | 50.3M+11.7% | 45.0M+11.2% | |
| 746M+16.3% | 641M+28.1% | 501M+26.4% | 396M+92.4% | 206M+100.1% | ||
| Accounts payable | — | — | — | 102M+8.9% | 93.5M+162.5% | |
| Deferred revenue | 188M-23.0% | 244M+34.5% | 181M+17.9% | 154M+191.1% | 52.8M+195.3% | |
| Short-term & current debt | 35.1M-21.1% | 44.5M+555.6% | 6.78M+192.1% | 2.32M-3.7% | 2.41M+51.5% | |
| Current lease liability | 4.79M+124.5% | 2.13M-22.9% | 2.76M+100.0% | 1.38M-40.3% | 2.31M+63.2% | |
| 942M+23.9% | 760M+34.5% | 565M+33.4% | 423M+76.0% | 241M+80.7% | ||
| Long-term debt | 179M+69.6% | 106M+95.6% | 54.0M+188.7% | 18.7M-18.6% | 23.0M+27.7% | |
| Non-current lease liability | 5.07M+32.0% | 3.84M-9.9% | 4.26M+285.0% | 1.11M-40.8% | 1.87M-35.1% | |
| Operating lease liability (total) | 9.86M+65.0% | 5.97M-15.0% | 7.03M+182.3% | 2.49M-40.5% | 4.18M-2.7% | |
| Deferred tax liabilities | — | — | — | 0.00-100.0% | 1.30M+1.2% | |
| Other non-current liabilities | 12.0M+29.8% | 9.22M+56.9% | 5.87M-19.8% | 7.32M-13.3% | 8.45M+5.1% | |
| 1.46B+61.9% | 905M+17.9% | 767M+13.7% | 675M-0.2% | 676M+379.1% | ||
| Additional paid-in capital | 1.12B+64.7% | 677M+7.6% | 630M+4.3% | 604M+1.5% | 595M+483.4% | |
| Retained earnings | 350M+34.8% | 260M+65.8% | 157M+66.1% | 94.4M+48.2% | 63.7M+85.9% | |
| Accumulated other comprehensive income | -35.7M+43.6% | -63.4M-28.4% | -49.3M-21.7% | -40.5M-545.1% | 9.11M+87.5% | |
| Non-controlling interest | 466M+143.7% | 191M+20.5% | 159M+15.6% | 137M+1.4% | 135M+102.1% | |
| Total equity incl. non-controlling | 1.93B+76.2% | 1.10B+18.3% | 926M+14.0% | 812M+0.1% | 812M+289.9% | |
| Total liabilities & equity | 2.87B+54.8% | 1.86B+24.5% | 1.49B+20.7% | 1.24B+17.4% | 1.05B+208.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| -10.3M-106.8% | 152M+302.4% | -75.3M-21.1% | -62.2M-55.1% | -40.1M-196.0% | ||
| Depreciation & amortization | 14.4M+119.2% | 6.57M-4.9% | 6.91M+42.8% | 4.84M+105.7% | 2.35M+123.0% | |
| Share-based compensation | 33.6M-32.3% | 49.6M+81.3% | 27.3M+253.7% | 7.73M+51.1% | 5.12M-9.1% | |
| Deferred income taxes | -15.0M-375.8% | 5.43M+141.0% | -13.2M-356.5% | 5.16M+339.6% | -2.15M+51.7% | |
| Change in receivables | 116M-5.8% | 123M+13.4% | 109M+22.7% | 88.7M+86.2% | 47.6M+115.6% | |
| Change in inventory | 108M+68.7% | 64.1M-60.9% | 164M-16.1% | 196M+53.1% | 128M+213.3% | |
| Change in payables | 67.9M+4612.1% | 1.44M-96.6% | 42.3M+141.9% | 17.5M-71.5% | 61.4M+233.8% | |
| -390M-3163.9% | -12.0M-77.3% | -6.75M+97.5% | -266M-2255.2% | -11.3M+83.9% | ||
| Capital expenditure | 56.3M-31.7% | 82.5M+33.3% | 61.9M-32.1% | 91.1M+895.2% | 9.15M+75.6% | |
| Free cash flow | -66.6M-195.2% | 70.0M+151.0% | -137M+10.5% | -153M-211.3% | -49.2M-162.5% | |
| Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 742M+702.9% | 92.5M+399.1% | 18.5M-59.6% | 45.9M-91.5% | 539M+1540.9% | ||
| Long-term debt issued | 119M+23.0% | 96.9M+128.7% | 42.4M | 0.00-100.0% | 7.06M-64.2% | |
| Long-term debt repaid | 60.3M+528.8% | 9.58M+319.7% | 2.28M+2.7% | 2.22M | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 6.99M | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | — | — | 0.00 | |
| FX effect on cash | 12.8M+365.3% | -4.83M-177.9% | -1.74M+94.7% | -32.6M-934.8% | 3.91M-14.5% | |
| Net change in cash | 355M+55.5% | 228M+449.5% | -65.3M+79.3% | -315M-164.0% | 491M+1165.9% | |
| Interest paid | 6.96M+67.5% | 4.15M+54.8% | 2.68M+62.0% | 1.66M+116.3% | 765K-22.1% | |
| Income taxes paid | 32.4M+188.7% | 11.2M-57.0% | 26.1M+627.9% | 3.59M+216.8% | 1.13M-77.2% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 2.63B+166.0% | 988M-22.8% | 1.28B+152.8% | 506M-73.0% | 1.87B+9.9% | |
| P/E | 27.9×+193.0% | 9.5×-46.7% | 17.9×+52.2% | 11.8×-76.3% | 49.6×-45.3% | |
| P/S | 2.9×+130.8% | 1.3×-51.0% | 2.6×+91.4% | 1.3×-81.3% | 7.2×-33.7% | |
| P/B | 1.8×+64.3% | 1.1×-37.8% | 1.8×+123.0% | 0.8×-71.6% | 2.8×-77.1% | |
| P/FCF | — | 14.1× | — | — | — | |
| Earnings yield | 3.6%-65.9% | 10.5%+87.8% | 5.6%-34.3% | 8.5%+321.6% | 2.0%+82.9% | |
| FCF yield | — | 7.1% | — | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: ACMR’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all ACMR filings on SEC EDGAR → Not investment advice.