ACM Research Q1 Revenue Up 34% to $231M, Shipments Rise 54%
ACM Research reported Q1 2026 revenue of $231 million, up 34% year-over-year, and shipments of $241 million, up 54% year-over-year, driven by ECP and advanced packaging applications. Maintained 2026 revenue guidance of $1.08–$1.175 billion and highlighted ACM Planetary Family launch and a planned Hong Kong listing.
1. Financial Performance
ACM Research posted Q1 2026 revenue of $231.3 million, a 34% increase year-over-year, with shipments reaching $240.7 million, up 54%. GAAP net income was $17.3 million, or $0.24 per diluted share, compared to $20.4 million, or $0.30, in the prior year quarter.
2. Product and Portfolio Developments
The company announced the ACM Planetary Family portfolio and shipped its first PECVD SiCN system to a major semiconductor customer. It also completed shipments of Ultra C vac-p panel-level cleaning and wafer-level advanced packaging systems to leading global manufacturers.
3. Outlook and Expansion Plans
Management maintained full-year revenue guidance of $1.08 billion to $1.175 billion, citing new product cycles and market share gains. The roadmap includes incremental revenue from Tahoe, single-wafer SPM and vertical furnace, a planned Hong Kong listing for ACM Shanghai, and ramp-up of the Oregon facility.