ACM Research Projects Strong Third Quarter Revenue Growth
The company expects revenue to rise by up to 36% year-over-year in the third quarter of 2026.
Updated on Oct. 28, 2026 in Public Companies
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ACM Research announced its preliminary financial expectations for the third quarter of 2026, projecting revenue between $360 million and $365 million. This forecast indicates a year-to-year revenue growth rate of 34% to 36% for the Fremont-based company.
Why it matters
These figures provide stakeholders with an early look at the company financial health and operational momentum as it navigates growth in its global semiconductor equipment business. The report reflects consolidated performance under U.S. accounting standards.
The company expects total shipments for the quarter to reach between $335 million and $340 million, marking a 27% to 29% increase from the prior year. ACM maintained a 73.2% equity interest in its Shanghai subsidiary as of June 30, 2026.
The players
ACM Research
Headquartered in Fremont, this company provides specialized semiconductor process equipment for integrated circuit manufacturers.
ACM Shanghai
This subsidiary operates as the primary production entity for the group in China and reports results to the Shanghai Stock Exchange.
The details
ACM Research maintains operations through its subsidiary, ACM Shanghai, which reports results in RMB under Chinese accounting principles. The parent firm consolidates these findings in U.S. dollars using U.S. generally accepted accounting principles.
Timeline
June 30, 2026: ACM reported its 73.2% equity interest in ACM Shanghai.
October 28, 2026: The company announced its preliminary third quarter 2026 results.
November 5, 2026: ACM will discuss its full quarterly results and 2026 outlook.
Market Landscape
ACM Research aligns its reporting with U.S. generally accepted accounting principles to provide transparency for international investors. This approach allows the company to integrate complex cross-border subsidiary data into a unified global financial picture.
The projected revenue growth reflects potential expansion in equipment shipments that could influence future stock performance for retail shareholders. Investors should monitor the November conference call for specific details on how these growth targets translate to overall company profitability.
The takeaway
ACM Research continues to show strong shipment momentum that significantly outpaces its growth from the previous year. Investors should look to the upcoming November call to determine if these preliminary trends align with the firm long-term operational guidance for 2026.
What happens next
ACM Research will host an earnings call to discuss its full third quarter 2026 financial results and its revenue outlook for the remainder of the year on November 5, 2026.
Further reading
For more on industry performance, visit the Public Companies section.
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Do you believe the domestic semiconductor manufacturing sector is trending toward growth this year?
