ACM Research Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	901.31	782.12	557.72	388.83	259.75
Revenue Growth (YoY)	15.24%	40.23%	43.44%	49.69%	65.84%
Cost of Revenue	501.24	390.56	281.51	205.22	144.9
Gross Profit	400.07	391.55	276.22	183.62	114.86
Selling, General & Admin	145.65	135.08	87.67	62.35	41.95
Research & Development	144.99	105.47	92.71	62.23	34.21
Total Operating Expenses	290.64	240.56	180.38	124.58	76.15
Operating Income	109.43	151	95.84	59.04	38.7
Interest Income	24.93	10.36	18.31	13.41	5.14
Interest Expense	-6.96	-4.15	-2.68	-1.66	-0.77
Other Non-Operating Income (Expense)	7.79	9.1	4.75	-3.42	-0.02
Total Non-Operating Income (Expense)	25.76	15.3	20.38	8.33	4.35
Pretax Income	135.19	166.3	116.22	67.36	43.06
Provision for Income Taxes	13.3	35.03	19.36	16.8	0.13
Net Income	94.08	103.63	77.35	39.26	37.76
Minority Interest in Earnings	27.82	27.64	19.5	11.3	5.16
Net Income to Common	94.08	103.63	77.35	39.26	37.76
Net Income Growth	-9.21%	33.97%	97.00%	3.99%	101.05%
Shares Outstanding (Basic)	64	62	60	59	58
Shares Outstanding (Diluted)	67	66	65	65	65
Shares Change (YoY)	1.62%	2.11%	-0.72%	-0.02%	2.84%
EPS (Basic)	1.47	1.67	1.29	0.66	0.65
EPS (Diluted)	1.37	1.53	1.16	0.59	0.58
EPS Growth	-10.46%	31.90%	96.61%	1.72%	93.33%
Free Cash Flow	-66.61	69.99	-137.2	-153.29	-49.25
Free Cash Flow Per Share	-0.99	1.06	-2.11	-2.35	-0.75
Gross Margin	44.39%	50.06%	49.53%	47.22%	44.22%
Operating Margin	12.14%	19.31%	17.18%	15.18%	14.90%
Profit Margin	13.52%	16.78%	17.37%	13.00%	16.52%
FCF Margin	-7.39%	8.95%	-24.60%	-39.42%	-18.96%
EBITDA	125.76	160.97	103.93	64.4	41.06
EBITDA Margin	13.95%	20.58%	18.63%	16.56%	15.81%
EBIT	109.43	151	95.84	59.04	38.7
EBIT Margin	12.14%	19.31%	17.18%	15.18%	14.90%
Effective Tax Rate	9.84%	21.06%	16.66%	24.94%	0.31%

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

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