Revenue rose 36.6% to $367.7M in the third quarter, but net income attributable to ACM Research fell 95.7% to $1.5M, with a $39.1M unrealized loss on short-term investments compared with a $18.7M gain a year earlier.

Filed November 6, 2026 · Period ending September 30, 2026 · Compared to 10-Q Nov 6, 2025 · ~2 min read

Key Changes

• high

  Revenue increased 36.6% to $367.7M in the third quarter, driven by higher sales across all product categories, which the company attributes to a longer-term commitment by our mainland China-based customers to increase production capacity to achieve a greater share of the global semiconductor market together with the market share changes and product cycles.

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• high

  Net income attributable to ACM Research fell 95.7% to $1.5M in the third quarter, with a $39.1M unrealized loss on short-term investments compared with a $18.7M gain a year earlier.

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• medium

  Gross margin decreased to 41.5% from 42.0% in the third quarter, primarily due to revenue mix between product categories, an impact from foreign exchange, and a higher provision for inventory.

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