ACM Research (NASDAQ: ACMR) projects strong Q1 2026 growth, reaffirms 2026 outlook
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
ACM Research, Inc. released an early look at its first quarter 2026 performance, projecting preliminary unaudited revenue of $225 million to $230 million, which would mean year-over-year growth of 31% to 33%. The company also expects preliminary total shipments of $233 million to $238 million, implying year-over-year growth of 49% to 52%.
For the full year 2026, ACM reaffirmed its revenue outlook in the range of $1.08 billion to $1.175 billion, representing expected growth of 20% to 30%. Management noted that actual first quarter results remain subject to quarter-end closing procedures and review by its independent registered public accounting firm.
Positive
- Strong projected growth: Q1 2026 preliminary revenue of $225–$230 million implies 31%–33% year-over-year growth, while shipments are expected to rise 49%–52%, indicating robust demand for ACM’s semiconductor process equipment.
- Reaffirmed 2026 outlook: Management maintains full-year 2026 revenue guidance of $1.08–$1.175 billion, targeting 20%–30% growth, signaling confidence in the ongoing order pipeline and market environment.
Negative
- None.
Insights
ACM signals strong Q1 momentum and maintains robust 2026 growth targets.
ACM Research is projecting Q1 2026 revenue of $225M–$230M, implying 31%–33% year-on-year growth. Expected shipments of $233M–$238M with 49%–52% growth suggest healthy order activity and demand for its wafer processing tools.
The company is reaffirming full-year 2026 revenue guidance of $1.08B–$1.175B, targeting 20%–30% growth, which indicates management confidence in the broader demand pipeline. A substantial majority of consolidated results come from ACM Shanghai, which reports separately under Chinese GAAP and in RMB.
Actual Q1 figures will follow completion of closing procedures and auditor review, and detailed performance will be discussed on the earnings call scheduled for May 7, 2026. Subsequent disclosures will clarify profitability, margins and how bookings are converting into revenue through 2026.
8-K Event Classification
2 items: 2.02, 9.01
2 items
Item 2.02
Results of Operations and Financial Condition
Financial
Disclosure of earnings results, typically an earnings press release or preliminary financials.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Preliminary Q1 2026 revenue: $225M–$230M
Q1 2026 revenue growth: 31%–33%
Preliminary Q1 2026 shipments: $233M–$238M
+4 more
7 metrics
Preliminary Q1 2026 revenue
$225M–$230M
Expected unaudited revenue range for Q1 2026
Q1 2026 revenue growth
31%–33%
Year-over-year growth implied by preliminary revenue
Preliminary Q1 2026 shipments
$233M–$238M
Expected unaudited total shipments for Q1 2026
Q1 2026 shipment growth
49%–52%
Year-over-year growth implied by shipment range
2026 revenue outlook
$1.08B–$1.175B
Reaffirmed full-year 2026 revenue guidance
2026 revenue growth outlook
20%–30%
Expected year-over-year growth for 2026 revenue
Ownership in ACM Shanghai
74%
Approximate equity interest ACM holds in ACM Shanghai
Key Terms
preliminary unaudited revenue, total shipments, revenue outlook, Chinese generally accepted accounting principles, +1 more
5 terms
preliminary unaudited revenue financial
"ACM announces the following •preliminary unaudited revenue for the first quarter of 2026 is expected"
total shipments financial
"preliminary total shipments for the first quarter of 2026 are expected to be in the range"
revenue outlook financial
"re-affirms full year 2026 revenue outlook in the range of $1.08 billion to $1.175 billion"
Chinese generally accepted accounting principles financial
"prepared in accordance with Chinese generally accepted accounting principles, and those results will differ"
forward-looking statements regulatory
"Certain statements contained in this press release are not historical facts and may be forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Earnings Snapshot
Preliminary revenue: $225M–$230M · Guidance included
Q1 2026
Preliminary revenue
$225M–$230M
31%–33% YoY
Preliminary total shipments
$233M–$238M
49%–52% YoY
Full-year 2026 revenue outlook
$1.08B–$1.175B
20%–30% YoY
Guidance
Company reaffirmed full-year 2026 revenue guidance of $1.08 billion to $1.175 billion, implying 20% to 30% year-over-year growth.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 27, 2026
(Exact Name of Registrant as Specified in its Charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of Principal Executive Offices) | (Zip Code) | ||||
Registrant’s telephone number, including area code: (510 ) 445-3700
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934:Emerging growth company o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 2.02 Results of Operations and Financial Condition.
On April 27, 2026, we issued a press release entitled “ACM Research Announces Preliminary Unaudited Revenue and Shipments for the First Quarter 2026.” The full text of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.
The information contained in this Item 2.02, including the exhibit furnished hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit | Description | |||||||
99.1 104 | Press Release of ACM Research, Inc. dated April 27, 2026 Cover Page Interactive Data File (embedded within the XBRL document) | |||||||
2
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
ACM RESEARCH, INC.
By: /s/ Mark McKechnie________________________
Mark McKechnie
Chief Financial Officer and Treasurer
Dated: April 27, 2026
3
ACM Research Announces Preliminary Unaudited Revenue
and Shipments for the First Quarter 2026
Coincides with Release of ACM Shanghai First Quarter 2026 Results
ACM Reaffirms 2026 Revenue Outlook
FREMONT, Calif., April 27, 2026 (GLOBE NEWSWIRE) – ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today announced expectations for preliminary unaudited revenue and total shipments for the first quarter of 2026. Today’s release coincides with the as-scheduled release of unaudited financial results by ACM Research (Shanghai), Inc., ACM’s principal operating subsidiary (“ACM Shanghai”), to the Shanghai Stock Exchange website [link to China Disclosure].
ACM will discuss its full financial results for the first quarter 2026 and its revenue outlook for the remainder of the year on its earnings call on Thursday, May 7, 2026, at 8 a.m. Eastern Time (8 p.m. China Time).
ACM announces the following:
•preliminary unaudited revenue for the first quarter of 2026 is expected to be in the range of $225 million to $230 million, which would represent year-to-year growth of 31% to 33%.
•preliminary total shipments for the first quarter of 2026 are expected to be in the range of $233 million to $238 million, which would represent year-to-year growth of 49% to 52%.
•re-affirms full year 2026 revenue outlook in the range of $1.08 billion to $1.175 billion, which would represent year-to-year growth of 20% to 30%.
Actual unaudited first quarter 2026 results are subject to the completion of ACM’s quarter end closing procedures and review by ACM’s independent registered public accounting firm.
ACM currently owns an approximately 74% equity interest in ACM Shanghai, and a substantial majority of ACM’s consolidated revenue and net income is contributed by ACM Shanghai. The stand-alone financial results of ACM Shanghai are reported in RMB as prepared in accordance with Chinese generally accepted accounting principles, and those results will differ, potentially materially, from ACM’s consolidated revenue and net profit for the period, which will reflect additional financial and operational items and will be prepared in U.S. dollars in accordance with U.S. generally accepted accounting principles.
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.
Forward-Looking Statements
Internal | ||
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.
© ACM Research, Inc. The ACM Research logo is a trademark of ACM Research, Inc. For convenience, this trademark appears in this press release without a ™ symbol, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to such trademark.
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
+86 (138) 1079-1480
gary@blueshirtgroup.co
Internal | ||
FAQ
What preliminary Q1 2026 revenue did ACM Research (ACMR) report?
ACM Research expects preliminary unaudited Q1 2026 revenue of $225 million to $230 million. This range would represent approximately 31% to 33% year-over-year growth, reflecting strong demand for its wafer processing and packaging equipment.
How did ACM Research’s Q1 2026 shipments perform year over year?
Preliminary total shipments for Q1 2026 are projected at $233 million to $238 million. This shipment range would represent year-over-year growth of about 49% to 52%, indicating a significant pickup in equipment deliveries to semiconductor customers.
What is ACM Research’s full-year 2026 revenue outlook?
ACM Research reaffirmed its 2026 revenue outlook of $1.08 billion to $1.175 billion. If achieved, this guidance would translate into year-over-year growth of roughly 20% to 30% for the company’s consolidated business.
When will ACM Research discuss full Q1 2026 financial results?
ACM Research plans to discuss full Q1 2026 results on May 7, 2026. The earnings call is scheduled for 8 a.m. Eastern Time (8 p.m. China Time), when management will provide more detail on revenue, profitability, and outlook.
How important is ACM Shanghai to ACM Research’s overall results?
ACM currently owns about 74% of ACM Shanghai, its principal operating subsidiary. A substantial majority of ACM’s consolidated revenue and net income is contributed by ACM Shanghai, which reports separately in RMB under Chinese GAAP.
Are ACM Research’s Q1 2026 figures final or still subject to review?
The Q1 2026 revenue and shipment figures are preliminary and unaudited. Management notes that actual results remain subject to completion of quarter-end closing procedures and review by the company’s independent registered public accounting firm.