ACM Research beats Q3 revenue estimates on packaging equipment demand, raises FY outlook
ACMR•ACM Research reported Q3 revenue of $367.69 million, up 37% year over year, and adjusted EPS of $0.55, beating analyst estimates. It raised its 2026 revenue outlook to $1.24 billion-$1.28 billion from $1.125 billion-$1.175 billion.
1. Quarterly results
ACM Research said Q3 revenue grew 37% year over year to $367.69 million, above the $313.16 million analyst consensus. Adjusted EPS was $0.55, beating the $0.48 consensus; net income was $1.54 million and operating income was $55.53 million.
2. Raised outlook
The company raised its 2026 revenue guidance to $1.24 billion-$1.28 billion from $1.125 billion-$1.175 billion. It expects robust shipment growth in Q4 2026, citing strong customer demand. Management said its outlook considers international trade policy, customer spending, supply chain constraints and tool acceptance timing.
3. Demand and shipments
The company attributed Q3 revenue growth to higher sales across ECP, furnace and other technologies, cleaning equipment, advanced packaging, services and spares. Shipments rose 31% year over year, including first tools awaiting customer acceptance for potential revenue in future quarters.
