ACM Research Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	960.23	901.31	782.12	557.72	388.83	259.75
Revenue Growth (YoY)	19.69%	15.24%	40.23%	43.44%	49.69%	65.84%
Cost of Revenue	535.47	501.24	390.56	281.51	205.22	144.9
Gross Profit	424.76	400.07	391.55	276.22	183.62	114.86
Selling, General & Admin	150.89	145.65	135.08	87.67	62.35	41.95
Research & Development	154.04	144.99	105.47	92.71	62.23	34.21
Total Operating Expenses	304.93	290.64	240.56	180.38	124.58	76.15
Operating Income	119.83	109.43	151	95.84	59.04	38.7
Interest Income	27.11	24.93	10.36	18.31	13.41	5.14
Interest Expense	-7.33	-6.96	-4.15	-2.68	-1.66	-0.77
Other Non-Operating Income (Expense)	4.02	7.79	9.1	4.75	-3.42	-0.02
Total Non-Operating Income (Expense)	23.8	25.76	15.3	20.38	8.33	4.35
Pretax Income	143.63	135.19	166.3	116.22	67.36	43.06
Provision for Income Taxes	3.77	-	-	-	-	-
Net Income	91.01	94.08	103.63	77.35	39.26	37.76
Minority Interest in Earnings	32.11	27.82	27.64	19.5	11.3	5.16
Net Income to Common	91.01	94.08	103.63	77.35	39.26	37.76
Net Income Growth	-14.61%	-9.21%	33.97%	97.00%	3.99%	101.05%
Shares Outstanding (Basic)	65	64	62	60	59	58
Shares Outstanding (Diluted)	69	67	66	65	65	65
Shares Change (YoY)	2.41%	1.62%	2.11%	-0.72%	-0.02%	2.84%
EPS (Basic)	1.41	1.47	1.67	1.29	0.66	0.65
EPS (Diluted)	1.31	1.37	1.53	1.16	0.59	0.58
EPS Growth	-16.03%	-10.46%	31.90%	96.61%	1.72%	93.33%
Shares Outstanding	66.21	65.61	62.96	61.06	59.68	58.7
Free Cash Flow	-106.9	-66.61	69.99	-137.2	-153.29	-49.25
Free Cash Flow Per Share	-1.56	-0.99	1.06	-2.11	-2.35	-0.75
Gross Margin	44.23%	44.39%	50.06%	49.53%	47.22%	44.22%
Operating Margin	12.48%	12.14%	19.31%	17.18%	15.18%	14.90%
Profit Margin	12.82%	13.52%	16.78%	17.37%	13.00%	16.52%
FCF Margin	-11.13%	-7.39%	8.95%	-24.60%	-39.42%	-18.96%
EBITDA	138.61	125.76	160.97	103.93	64.4	41.06
EBITDA Margin	14.43%	13.95%	20.58%	18.63%	16.56%	15.81%
EBIT	119.83	109.43	151	95.84	59.04	38.7
EBIT Margin	12.48%	12.14%	19.31%	17.18%	15.18%	14.90%
Effective Tax Rate	2.63%	0.00%	0.00%	0.00%	0.00%	0.00%

Updated May 8, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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