ACMR ACM Research, Inc.

Q3 2025 10-Q
Filed: Nov 6, 2025Period ending Sep 30, 2025
Industrials
Special Industry Machinery, NECSEC EDGAR

ACM Research, Inc. (ACMR) 10-Q quarterly report for Q3 2025, filed with SEC EDGAR on Nov 6, 2025 for the fiscal period ending Sep 30, 2025. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q3 2025 10-Q

Risk Factors

  • New risk: Loan covenants with China Merchants Bank require ACM Shanghai to raise RMB 900M in Private Offering by Jan 2028 or accelerate loan repayments
  • Updated operational risk: Accounts receivable increased by $91.3M, and inventories rose $80.7M, impacting near-term cash flow and working capital needs
+3 more insights

Quarterly Financial Summary
XBRL

Revenue

$269M

+32.0% YoY +25.0% QoQ

Net Income

$36M

+16.1% YoY +20.6% QoQ

Gross Margin

42.0%

-936bp YoY -646bp QoQ

Operating Margin

10.7%

-1092bp YoY -397bp QoQ

Net Margin

13.3%

-182bp YoY -48bp QoQ

ROE

2.5%

Total Assets

$2.8B

EPS (Diluted)

$0.52

+13.0% YoY +18.2% QoQ

Operating Cash Flow

-$5M

-138.8% YoY +89.7% QoQ

Source: XBRL data from ACM Research, Inc. Q3 2025 10-Q filing on SEC EDGAR. All figures in USD.

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