ACMR

Acm Research, Inc. Industrials Special Industry Machinery, NEC Russell 3000
$45.47Close $29.67 – $126.8952-week range Nov 5, 2026Next report · before the open

Highlights

Strengths

  • Earnings growing EPS +181% year on year, faster than the quarter before (+199 pts)

Cautions

  • Not in an uptrend 3 of 8 trend conditions
  • Lagging the market RS 13 · weaker than 87% of stocks over 12 months
  • Far from its high 64% below its 52-week high
  • Distribution down-day volume 1.5× up-day volume over 50 sessions
  • Results soon Nov 5, 2026, in 4 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 7, 2026
Off 12-month high 64%
1wk down 10.0% price change
1mo down 43.8% price change
12-month return up 10% market up 11% · its own down 3%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 15% year on year
EPS growth up 181% latest quarter · +199 pts
Sales growth up 36% latest quarter · +2 pts
ROE up 8% return on equity
Free cash margin down 7% -$66.6M FCF
D/E 0.12 long-term debt / equity
Net debt / EBITDA -4.7× net cash
Interest cover —EBIT / interest

Trade setup

ATR% 9.4% $4.28 a day · 2×ATR $36.90
RS 13 / 99 vs the universe
Trend 3 / 8 trend template
Relative volume 1.2× vs 50-day average
Up/down volume 0.65 50 sessions
Implied move — no option chain · report Nov 5, 2026
Trend template · 3 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: fails
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: fails
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

2 flagged
  • Profit not backed by cash Reported profit of $94.1M came with -$10.3M of operating cash flow. Profit that cash does not follow is the classic signature of aggressive accounting.
  • Gross margin narrowing Gross margin fell from 50.1% to 44.4%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Oct 28, 2026
Results reaction Oct 28, 2026-5% vs market2 sessions after results

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $901.3M +15% on FY2024
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $156.6M FY2021 · $259.8M FY2022 · $388.8M FY2023 · $557.7M FY2024 · $782.1M FY2025 · $901.3M
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $94.1M -9% on FY2024
$0 $200M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $18.8M FY2021 · $37.8M FY2022 · $39.3M FY2023 · $77.3M FY2024 · $103.6M FY2025 · $94.1M
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology -$66.6M down to a loss
-$200M $0 $100M FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$18.8M FY2021 · -$49.2M FY2022 · -$153.3M FY2023 · -$137.2M FY2024 · $70.0M FY2025 · -$66.6M
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 44%
  • Net 10%
  • Free cash -7%
-50% 0% 100% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 44% · Net 12% · Free cash -12% FY2021 · Gross 44% · Net 15% · Free cash -19% FY2022 · Gross 47% · Net 10% · Free cash -39% FY2023 · Gross 50% · Net 14% · Free cash -25% FY2024 · Gross 50% · Net 13% · Free cash 9% FY2025 · Gross 44% · Net 10% · Free cash -7%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $578.4M net cash
  • Cash
  • Long-term debt
$0 $1B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $71.8M · Long-term debt $18.0M FY2021 · Cash $562.5M · Long-term debt $23.0M FY2022 · Cash $248.0M · Long-term debt $18.7M FY2023 · Cash $182.1M · Long-term debt $54.0M FY2024 · Cash $407.4M · Long-term debt $105.5M FY2025 · Cash $757.4M · Long-term debt $178.9M
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $156.6M $259.8M $388.8M $557.7M $782.1M $901.3M
Gross margin 44% 44% 47% 50% 50% 44%
Operating income $21.5M $38.7M $59.0M $95.8M $151.0M $109.4M
Net income $18.8M $37.8M $39.3M $77.3M $103.6M $94.1M
Net margin 12% 15% 10% 14% 13% 10%
Earnings per share $0.30 $0.58 $0.60 $1.19 $1.56 $1.40
Free cash flow -$18.8M -$49.2M -$153.3M -$137.2M $70.0M -$66.6M
Free cash margin -12% -19% -39% -25% 9% -7%
Cash $71.8M $562.5M $248.0M $182.1M $407.4M $757.4M
Long-term debt $18.0M $23.0M $18.7M $54.0M $105.5M $178.9M
Shareholders' equity $141.2M $676.2M $674.9M $767.4M $904.6M $1.5B

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 7, 2026 Quarterly ↗ Jun 30, 2026 38d
May 8, 2026 Quarterly ↗ Mar 31, 2026 38d
Mar 2, 2026 Annual ↗ Dec 31, 2025 61d
Nov 6, 2025 Quarterly ↗ Sep 30, 2025 37d
Aug 7, 2025 Quarterly ↗ Jun 30, 2025 38d
May 12, 2025 Quarterly ↗ Mar 31, 2025 42d
Mar 3, 2025 Annual ↗ Dec 31, 2024 62d
Nov 7, 2024 Quarterly ↗ Sep 30, 2024 38d
Aug 7, 2024 Quarterly ↗ Jun 30, 2024 38d
May 8, 2024 Quarterly ↗ Mar 31, 2024 38d
Feb 28, 2024 Annual ↗ Dec 31, 2023 59d
Nov 8, 2023 Quarterly ↗ Sep 30, 2023 39d

Current reports

FiledDisclosed
Oct 28, 2026 Results ↗
Sep 30, 2026 Other events ↗
Aug 27, 2026 Other events ↗
Aug 7, 2026 Results ↗
Jun 22, 2026 Other events ↗
Jun 12, 2026 Shareholder vote ↗
May 29, 2026 Other events ↗
May 22, 2026 Other events ↗
May 15, 2026 Other events ↗
May 12, 2026 Material agreement ↗
May 7, 2026 Results ↗
Apr 27, 2026 Results ↗