ACM Research, Inc. (ACMR)

ACM Research Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	121.89	131.27	96.85	50.56	42.92
Depreciation & Amortization	16.33	9.97	8.09	5.37	2.35
Stock-Based Compensation	33.58	49.58	27.34	7.73	5.12
Other Adjustments	-4.3	24.7	-23.02	11.15	-4.56
Change in Receivables	-117.87	-127.09	-112.96	-95.99	-57.13
Changes in Inventories	-108.22	-64.14	-164.03	-195.56	-127.73
Changes in Accounts Payable	83.78	6.17	39.28	24.07	65.21
Changes in Accrued Expenses	27.13	23.2	21.38	23.41	3.18
Changes in Income Taxes Payable	-3.84	13.74	8.47	7.64	12.75
Changes in Unearned Revenue	-51.99	71.9	32.67	105.25	35.06
Changes in Other Operating Activities	-6.81	13.15	-9.4	-5.83	-17.27
Operating Cash Flow	-10.33	152.45	-75.32	-62.19	-40.09
Capital Expenditures	-56.28	-82.46	-61.88	-91.09	-9.15
Purchases of Intangible Assets	-1.37	-3.49	-2.46	-1.43	-0.56
Purchases of Investments	-389.77	-100.99	-51.98	-177.73	-1.57
Proceeds from Sale of Investments	56.41	174.98	109.58	4.58	-
Other Investing Activities	0.69	-	-	-	-
Investing Cash Flow	-390.34	-11.96	-6.75	-265.67	-11.28
Short-Term Debt Issued	87.53	33.27	31.33	56	22.88
Short-Term Debt Repaid	-47.33	-32.3	-55.07	-9.22	-39.81
Net Short-Term Debt Issued (Repaid)	40.19	0.97	-23.73	46.78	-16.93
Long-Term Debt Issued	119.14	96.9	42.36	-	7.06
Long-Term Debt Repaid	-60.25	-9.58	-2.28	-2.22	-2.13
Net Long-Term Debt Issued (Repaid)	58.89	87.31	40.08	-2.22	4.93
Issuance of Common Stock	34.77	11.1	6.14	1.31	5.25
Repurchase of Common Stock	-6.99	-	-	-	-
Net Common Stock Issued (Repurchased)	27.78	11.1	6.14	1.31	5.25
Common Dividends Paid	-7.58	-6.9	-3.95	-	-
Other Financing Activities	623.21	-	-	-	545.51
Financing Cash Flow	742.49	92.48	18.53	45.87	538.77
Effect of Exchange Rate Changes on Cash and Cash Equivalents	12.83	-4.84	-1.74	-32.62	3.91
Net Cash Flow	354.65	228.14	-65.28	-314.62	491.3
Free Cash Flow	-66.61	69.99	-137.2	-153.29	-49.25
FCF Margin	-7.39%	8.95%	-24.60%	-39.42%	-18.96%
Free Cash Flow Per Share	-0.99	1.06	-2.11	-2.35	-0.75
Levered Free Cash Flow	93.25	183.44	-31.72	-42.93	-9.84
Unlevered Free Cash Flow	-1.24	110.72	-45.54	-82.43	2.98

Updated Feb 26, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q