10 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $901M | $94M | 44.4% | 12.1% | -$67M | $288M | $757M |
| 2024 | $782M | $104M | 50.1% | 19.3% | $70M | $183M | $407M |
| 2023 | $558M | $77M | 49.5% | 17.2% | -$137M | $92M | $182M |
| 2022 | $389M | $39M | 47.2% | 15.2% | -$153M | $77M | $248M |
| 2021 | $260M | $38M | 44.2% | 14.9% | -$49M | $35M | $563M |
| 2020 | $157M | $19M | 44.4% | 13.7% | -$19M | $46M | $72M |
| 2019 | $108M | $19M | 47.1% | 16.5% | $8M | $14M | $58M |
| 2018 | $75M | $7M | 46.2% | 8.7% | $5M | — | $27M |
| 2017 | — | -$318000 | — | — | — | — | $18M |
| 2016 | — | $1M | — | — | — | — | $10M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $231M | $17M | 46.4% | 15.6% | -$52M | $328M | $872M |
| Dec '25 | $244M | $8M | 40.9% | 9.4% | $20M | $288M | $757M |
| Sep '25 | $269M | $36M | 42.0% | 10.7% | -$16M | $287M | $1.1B |
| Jun '25 | $215M | $30M | 48.5% | 14.7% | -$60M | $278M | $442M |
| Mar '25 | $172M | $20M | 47.9% | 15.0% | -$11M | $227M | $457M |
| Dec '24 | $223M | $31M | 49.6% | 19.7% | $77M | $183M | $407M |
| Sep '24 | $204M | $31M | 51.4% | 21.7% | -$21M | $184M | $333M |
| Jun '24 | $202M | $24M | 47.8% | 18.6% | $48M | $145M | $324M |
| Mar '24 | $152M | $17M | 52.0% | 16.6% | -$35M | $115M | $211M |
| Dec '23 | $170M | $18M | 46.4% | 13.7% | -$51M | $92M | $182M |
| Sep '23 | $169M | $26M | 52.5% | 19.7% | -$46M | $80M | $207M |
| Jun '23 | $145M | $27M | 47.5% | 21.0% | $5M | $73M | $257M |
| Mar '23 | $74M | $7M | 53.8% | 11.9% | -$45M | $77M | $260M |
| Dec '22 | $109M | $12M | 49.6% | 15.4% | -$71M | $77M | $248M |
| Sep '22 | $134M | $21M | 49.3% | 23.7% | -$15M | $72M | $336M |
| Jun '22 | $104M | $12M | 42.3% | 19.2% | -$36M | $28M | $324M |
| Mar '22 | $42M | -$6M | 46.7% | -22.1% | -$31M | $34M | $380M |
| Dec '21 | $95M | $16M | 47.8% | 20.1% | -$40M | $35M | $563M |
| Sep '21 | $67M | $10M | 44.3% | 17.6% | -$7M | $41M | $65M |
| Jun '21 | $54M | $7M | 40.2% | 8.0% | -$11M | $43M | $70M |
How the market has priced ACMR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Acm Research, Inc.'s revenue has grown 41.9% per year, and net income grown 38.0% per year. These are computed facts, not advice.
As of FY2025, Acm Research, Inc. reported $288M of total debt against $757M of cash; operating income covered interest expense 16×.
In FY2025, gross margin was 44.4%, operating margin 12.1%, and net margin 10.4%.
As of Jun '26, Acm Research, Inc. traded at a price-to-earnings ratio of about 74.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.