ACM Research (Shanghai), Inc. (SHA:688082)
China · Delayed Price · Currency is CNY 154.11
+5.10 (3.42%)
Apr 30, 2026, 3:00 PM CST
ACM Research (Shanghai) Earnings Call Transcripts
Fiscal Year 2025
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Revenue grew 15% in 2025, outpacing a flat China WFE market, with strong global expansion and new product momentum. Gross margin declined due to product mix and competition, but is expected to recover as new products ramp. 2026 revenue is guided up 25% at midpoint.
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Q2 2025 saw strong sequential revenue and shipment growth, with gross margin above target and robust demand for advanced cleaning and plating tools. Long-term revenue targets were raised, supported by new product momentum, strategic capital raises, and expanded production capacity.