ACM Research, Inc. (ACMR) FY2025 10-K Annual Report

Filed: Mar 2, 2026
Industrials
Special Industry Machinery, NECSEC EDGAR

ACM Research, Inc. (ACMR) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Mar 2, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

ACM Research, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Advanced semiconductor capital equipment for yield-critical, performance-sensitive front-end and packaging process steps
  • Emphasis on expanding product portfolio into furnace, PECVD, and track platforms alongside core wet cleaning and plating
+3 more insights

Management Discussion & Analysis

  • Revenue and profitability details not provided in the excerpt
  • No segment performance information available
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Risk Factors

  • Mainland China Grant Agreement risk: ACM Lingang must pay RMB157.6M ($22.2M) annual taxes or face land use rights termination by July 9, 2027
  • Geopolitical risk: ACM Shanghai's operations exposed to RMB/USD exchange risk, causing $12.8M value change in cash and equivalents in 2025
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ACM Research, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$901M

+15.2% YoY

Net Income

$94M

-9.2% YoY

Gross Margin

44.4%

-568bp YoY

Operating Margin

12.1%

-717bp YoY

Net Margin

10.4%

-281bp YoY

ROE

6.4%

-503bp YoY

Total Assets

$2.9B

+54.8% YoY

EPS (Diluted)

$1.37

-10.5% YoY

Operating Cash Flow

-$10M

-106.8% YoY

Source: XBRL data from ACM Research, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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