ACM Research’s Operating Subsidiary ACM Research (Shanghai) Provides Backlog Data
ACM Shanghai's backlog rose 88.2% year over year, but includes orders that may not generate the estimated revenue.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
ACM Research (ACMR) announced its operating subsidiary ACM Shanghai reported backlog of RMB 17.1 billion as of September 29, 2026. This represented an 88.2% year-over-year increase over the prior year's disclosed backlog, with a reference value of USD $2.5 billion.
Backlog includes shipped tools not yet recognized as revenue under Chinese accounting rules and orders expected to ship later. It is not a recognized accounting measure, and orders may not generate the estimated revenue. ACM will report preliminary nine-month results on October 28, 2026, before the U.S. market opens, and full third-quarter results in early November.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointACM Shanghai backlog reached RMB 17.1 billion (USD $2.5 billion reference value), up 88.2% year over year. 47% of market cap
Negative
- Minor point. Forward-looking: it has not happened yet and may not happen.Backlog orders may not generate the estimated revenue.
- Minor pointBacklog methodology and assumptions may not be comparable with other companies; neither Chinese nor U.S. accounting rules recognize the measure.
Key Figures
- Total backlog
- RMB 17.1 billion (USD $2.5 billion)
- ACM Shanghai, as of September 29, 2026
- Backlog year-over-year change
- 88.2% increase
- Compared with the prior year's disclosed backlog
- Nine-month results date
- October 28, 2026
- ACM Shanghai full results and ACM preliminary results
Key Terms
gaap financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
FREMONT, Calif., Sept. 30, 2026 (GLOBE NEWSWIRE) -- ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer and panel processing solutions for semiconductor and advanced packaging applications, today announced that its operating subsidiary, ACM Research (Shanghai), Inc. (“ACM Shanghai”) posted backlog figures for ACM Shanghai as of September 29, 2026 on the Shanghai Stock Exchange website [link to China Disclosure].
Backlog
As of September 29, 2026, ACM Shanghai’s total backlog amounted to RMB 17.1 billion (USD
Backlog is not a financial measure that is defined or recognized by Chinese GAAP or U.S. generally accepted accounting principles, and ACM Shanghai’s method for determining and calculating backlog, and the underlying assumptions, may not be comparable to the methodologies and assumptions used by other companies. Orders included in backlog may not actually generate the amounts of revenue estimated above.
All USD amounts above are for reference only and are translated using the September 29, 2026 Wall Street Journal closing exchange rate.
Reporting Dates
ACM Shanghai will release its full financial results for the nine months ended September 30, 2026 on October 28, 2026 after the market close in China, and on the same day ACM will report preliminary financial results for the nine months ended September 30, 2026 before the market open in the U.S.
ACM will release its full financial results for the third quarter of 2026 and conduct a corresponding conference call to discuss the results in early November 2026. The specific reporting date and details of the conference call will be released at a later date.
Forward-Looking Statements
Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.
About ACM Research, Inc.
ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.
© ACM Research, Inc. ACM Research logo is a trademark of ACM Research, Inc. For convenience, these trademarks appear in this press release without ™ symbols, but that practice does not mean ACM will not assert, to the fullest extent under applicable law, its rights to such trademarks. All other trademarks are the property of their respective owners.
For investor and media inquiries, please contact:
| In the United States: | The Blueshirt Group Steven C. Pelayo, CFA +1 (360) 808-5154 steven@blueshirtgroup.co |
| In China: | The Blueshirt Group Asia Gary Dvorchak, CFA gary@blueshirtgroup.co |
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