The Tip Desk

ACM Research, Inc.

Company Stats

Market Cap
$5.6B
as of Sep 30, 2026
Shares Outstanding
69.6M
Free Float
68.7%

Income Statement

Revenue
$901.3M
Operating Income
$109.4M
Net Income
$94.1M
EBITDA
$123.8M
Revenue Growth, 3Y
32.3%
FCF Margin, 3Y Avg
-7.7%
FCF Margin, Worst Year
-24.6%

Cash Flow

Free Cash Flow
-$66.6M
FCF Yield
-1.2%
Owner FCF Yield
-1.8%

Balance Sheet

Cash & Equivalents
$757.4M

Returns & Capital

Share Repurchases
$7.0M
Buyback Yield, 3Y Avg
0.0%
SBC, 3Y Avg
$36.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$901.3M-$66.6M-7.4%
FY2024$782.1M$70.0M8.9%
FY2023$557.7M-$137.2M-24.6%
FY2022$388.8M-$153.3M-39.4%
FY2021$259.8M-$49.2M-19.0%

Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage