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Form 8-K

sec.gov

8-K — ACM Research, Inc.

Accession: 0001628280-26-054581

Filed: 2026-08-07

Period: 2026-08-07

CIK: 0001680062

SIC: 3559 (SPECIAL INDUSTRY MACHINERY, NEC)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — acmr-20260807.htm (Primary)

EX-99.1 (acmr-q22026xearningsreleas.htm)

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XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K

8-K (Primary)

Filename: acmr-20260807.htm · Sequence: 1

acmr-20260807

false000168006200016800622026-08-072026-08-07

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 7, 2026

ACM Research, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware 001-38273 94-3290283

(State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)

42307 Osgood Road, Suite I

Fremont, California

94539

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code: (510) 445-3700

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol Name of each exchange on which registered

Class A Common Stock, par value $0.0001 per share ACMR The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934:Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 2.02. Results of Operations and Financial Condition.

On August 7, 2026, we issued a press release announcing financial results for the second quarter of 2026. The full text of the press release is furnished as Exhibit 99.1 hereto and is incorporated herein by reference.

The information contained in this Item 2.02, including the exhibit furnished hereto, is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, or the Securities Exchange Act of 1934, except as expressly set forth by specific reference in such filing.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit Description

99.1

104

Press Release of ACM Research, Inc. dated August 7, 2026

Cover Page Interactive Data File (embedded within the XBRL document)

2

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

ACM RESEARCH, INC.

By:    /s/ Mark McKechnie________________________

Mark McKechnie

Chief Financial Officer and Treasurer

Dated: August 7, 2026

3

EX-99.1

EX-99.1

Filename: acmr-q22026xearningsreleas.htm · Sequence: 2

Document

Exhibit 99.1

ACM Research Reports Second Quarter 2026 Results

FREMONT, Calif., August 07, 2026 (Globe Newswire) – ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer processing solutions for semiconductor and advanced wafer-level packaging applications, today reported financial results for its second quarter ended June 30, 2026.

“We delivered a strong second quarter, with revenue and shipments both increasing 36% year over year,” said Dr. David Wang, President and Chief Executive Officer of ACM. “Revenue growth was led by the ECP and advanced packaging categories, which grew 168% and 153%, respectively, reflecting the growing contribution of our broader product portfolio. During the quarter, we shipped our 2,000th ECP chamber, an important milestone that demonstrates the increasing adoption of our ECP technology in high-volume manufacturing of logic, memory and 3D packaging. We also delivered good profitability, and ended the quarter with $1.0 billion in net cash, providing significant financial strength to support our long-term growth strategy.”

Dr. Wang continued, “Customer demand as demonstrated by increased order activity provides us with good visibility for the remainder of 2026. We see 2026 as a ‘Big Year’ for new products as we proceed with customer evaluations and product ramps across multiple platforms, including SPM Cleaning, Track, PECVD and horizontal panel-level plating for advanced packaging. At the same time, we are expanding engagement with global customers and making solid progress at our Oregon facility. We are raising our full-year 2026 revenue outlook for 25% to 30% growth. We remain confident in our ability to outgrow the market through new product cycles, market share gains and increasing contributions from global markets as we execute toward our long-term revenue target of $4 billion.”

Three Months Ended June 30

GAAP Non-GAAP(1)

2026 2025 2026 2025

(dollars in thousands, except EPS)

Revenue $ 292,919  $ 215,372  $ 292,919  $ 215,372

Gross margin 46.0  % 48.5  % 46.0  % 48.7  %

Income from operations $ 49,743  $ 31,694  $ 56,326  $ 41,464

Net income attributable to ACM Research, Inc. $ 88,984  $ 29,760  $ 44,516  $ 37,316

Basic EPS $ 1.31  $ 0.47  $ 0.66  $ 0.58

Diluted EPS

$ 1.23  $ 0.44  $ 0.61  $ 0.55

Six Months Ended June 30

GAAP Non-GAAP(1)

2026 2025 2026 2025

(dollars in thousands, except EPS)

Revenue $ 524,182  $ 387,719  $ 524,182  $ 387,719

Gross margin 46.1  % 48.2  % 46.2  % 48.5  %

Income from operations $ 85,920  $ 57,471  $ 98,124  $ 77,058

Net income attributable to ACM Research, Inc. $ 106,291  $ 50,140  $ 68,484  $ 68,395

Basic EPS $ 1.59  $ 0.79  $ 1.02  $ 1.08

Diluted EPS

$ 1.49  $ 0.74  $ 0.96  $ 1.01

(1)Reconciliations to U.S. generally accepted accounting principles (“GAAP”) financial measures from non-GAAP financial measures are presented below under “Reconciliation of GAAP to Non-GAAP Financial Measures.” Non-GAAP financial measures exclude stock-based compensation and, with respect to net income attributable to ACM Research, Inc. and basic and diluted earnings per share, also exclude unrealized gain on short-term investments and its impact to net income attributable to non-controlling interests.

Exhibit 99.1

Outlook

ACM has raised its revenue guidance range to $1.125 billion to $1.175 billion for fiscal year 2026, from the prior range of $1.08 billion to $1.175 billion. This expectation is based on ACM management’s current assessment of the continuing impact from international trade policy, together with various expected spending scenarios of key customers, supply chain constraints, and the timing of acceptances for first tools under evaluation in the field, among other factors.

Operating Highlights and Recent Announcements

•Shipments. Total shipments in the second quarter of 2026 were $281.5 million, up 36.4% when compared to the second quarter of 2025. Total shipments include deliveries for revenue in the quarter and deliveries of first tool systems awaiting customer acceptance for potential revenue in future quarters.

•Shipment of the 2,000th Electroplating Chamber. ACM shipped its 2,000th electroplating chamber, following shipment milestones of 500 chambers in 2022 and 1,500 chambers in 2025. The achievement underscores the continued commercial expansion and growing market recognition of ACM's electroplating solutions.

•Presented Proprietary High-Temperature SPM Cleaning Technology at SPCC 2026. ACM presented its proprietary high-temperature SPM cleaning technology at the Surface Preparation and Cleaning Conference (SPCC) 2026, showcasing particle performance of fewer than 15 particles at 15nm without requiring periodic DI water chamber cleaning. The technology is designed to improve yield and lower maintenance requirements for advanced GAA logic, DRAM and HBM applications.

•Expansion of the Ultra C Tahoe Wet Processing Platform. ACM has expanded its Ultra C Tahoe system into a multi-process wet processing platform, by adding advanced wet etch and monitor wafer reclaim applications for logic and memory manufacturing. The expanded platform has been adopted by leading semiconductor manufacturers, and the Tahoe Recycle application is running in volume production at customer facilities. This expanded Tahoe platform demonstrates the versatility of our hybrid architecture and its scalability for advanced semiconductor manufacturing. ACM will continue to drive world-class process performance and integrating environmental benefits into product development to help make advanced semiconductor manufacturing more efficient and sustainable.

•Received Orders for the Ultra ECP ap-p Tool. ACM received the first production order for one 510 × 515 mm Ultra ECP ap-p tool from an existing advanced packaging customer in mainland China, with delivery scheduled for the first half of 2027. ACM also received an evaluation order for one 310 × 310 mm tool from a new leading panel-manufacturer customer based in Asia, with delivery scheduled for the fourth quarter of 2026.

•Second Quarter 2026 Financial Summary

Unless otherwise noted, the following figures refer to the second quarter of 2026 and comparisons are with the second quarter of 2025.

•Revenue was $292.9 million, up 36.0%, primarily driven by higher sales of ECP (front-end and packaging), furnace and other technologies, and advanced packaging (excluding ECP), services & spares, partially offset by lower sales of single-wafer cleaning, Tahoe and semi-critical cleaning tools.

•Gross margin was 46.0% versus 48.5%. Non-GAAP gross margin, which excludes stock-based compensation, was 46.0% versus 48.7%. Gross margin was above the mid-point of ACM’s long-term business model target range of 42% to 48%. ACM expects gross margin to vary from period to period due to a variety of factors, such as product mix, currency impacts and sales volume.

•Operating expenses were $84.9 million, an increase of 16.6%. Operating expenses as a percentage of revenue decreased to 29.0% from 33.8%. Non-GAAP operating expenses, which exclude the effect of stock-based compensation, were $78.5 million, up 23.9%. Non-GAAP operating expenses as a percentage of revenue decreased to 26.8% from 29.4%.

•Operating income was $49.7 million, compared to $31.7 million. Operating margin was 17.0% compared to 14.7%. Non-GAAP operating income, which excludes the effect of stock-based compensation, was $56.3 million, compared to

- 2 -

Exhibit 99.1

$41.5 million. Non-GAAP operating margin, which excludes stock-based compensation, was 19.2% compared to 19.3%.

•Unrealized gain on short-term investments was $69.6 million, compared to an unrealized gain of $2.7 million. Unrealized gain reflects the change in market value of the investments by ACM’s principal operating subsidiary, ACM Research (Shanghai), Inc. The value is marked-to-market quarterly and is excluded in the non-GAAP financial metrics.

•Income tax expense was $13.5 million, compared to $1.9 million. The change in tax expense primarily resulted from the tax effect of an increase in operating profit for the period.

•Net income attributable to ACM Research, Inc. was $89.0 million, compared to $29.8 million. Non-GAAP net income attributable to ACM Research, Inc., which excludes the effect of stock-based compensation and unrealized gain on short-term investments, was $44.5 million, compared to $37.3 million.

•Net income per diluted share attributable to ACM Research, Inc. was $1.23, compared to $0.44. Non-GAAP net income per diluted share, which excludes the effect of stock-based compensation and unrealized gain on short-term investments, was $0.61, compared to $0.55.

•Cash and cash equivalents, plus restricted cash and short-term time deposits were $1.36 billion at June 30, 2026, compared to $1.25 billion at March 31, 2026. Net cash, which excludes short-term and long-term borrowings, was $1.0 billion at June 30, 2026, compared to $924.2 million at March 31, 2026.

Conference Call Details

A conference call to discuss results will be held on Friday, August 7, 2026, at 8:00 a.m. Eastern Time (8:00 p.m. China Time). To join the conference call via telephone, participants must use the following link to complete an online registration process. Upon registering, each participant will receive email instructions to access the conference call, including dial-in information and a PIN number allowing access to the conference call. This pre-registration process is designed by the operator to reduce delays due to operator congestion when accessing the live call.

Online Registration: https://register-conf.media-server.com/register/BIc282607074af4b0895b2ed37fb7d0eb9

Participants who have not pre-registered may join the webcast by accessing the link at ir.acmr.com/news-events/events.

A live and archived webcast will be available on the Investors section of the ACM website at www.acmr.com.

Use of Non-GAAP Financial Measures

ACM presents non-GAAP gross margin, operating expenses, operating income, net income attributable to ACM Research, Inc. and basic and diluted earnings per share as supplemental measures to GAAP financial measures regarding ACM’s operational performance. These supplemental measures exclude the impact of stock-based compensation, which ACM does not believe is indicative of its core operating results. In addition, non-GAAP net income attributable to ACM Research, Inc. and basic and diluted earnings per share exclude the effect of stock-based compensation and unrealized gain (loss) on short-term investments, which ACM also believes are not indicative of its core operating results. A reconciliation of each non-GAAP financial measure to the most directly comparable GAAP financial measure is provided below under “Reconciliation of GAAP to non-GAAP Financial Measures.”

ACM believes these non-GAAP financial measures are useful to investors in assessing its operating performance. ACM uses these financial measures internally to evaluate its operating performance and for planning and forecasting of future periods. Financial analysts may focus on and publish both historical results and future projections based on the non-GAAP financial measures. ACM also believes it is in the best interests of investors for ACM to provide this non-GAAP information.

While ACM believes these non-GAAP financial measures provide useful supplemental information to investors, there are limitations associated with the use of these non-GAAP financial measures. These non-GAAP financial measures may not be reported by competitors, and they may not be directly comparable to similarly titled measures of other companies due to differences in calculation methodologies. The non-GAAP financial measures are not an alternative to GAAP information

- 3 -

Exhibit 99.1

and are not meant to be considered in isolation or as a substitute for comparable GAAP financial measures. They should be used only as a supplement to GAAP information and should be considered only in conjunction with ACM’s consolidated financial statements prepared in accordance with GAAP.

Forward-Looking Statements

Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

About ACM Research, Inc.

ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

© ACM Research, Inc. Ultra C and the ACM Research logo are trademarks of ACM Research, Inc. For convenience, these trademarks appear in this press release without ™ symbols, but that practice does not mean that ACM will not assert, to the fullest extent under applicable law, its rights to the trademarks.

For investor and media inquiries, please contact:

In the United States:

The Blueshirt Group

Steven C. Pelayo, CFA

(360) 808-5154

steven@blueshirtgroup.co

In China:

The Blueshirt Group Asia

Gary Dvorchak, CFA

+86 (138) 1079-1480

gary@blueshirtgroup.co

- 4 -

Exhibit 99.1

ACM RESEARCH, INC.

Condensed Consolidated Balance Sheets

June 30, 2026 December 31, 2025

(Unaudited)

(In thousands)

Assets

Current assets:

Cash and cash equivalents $ 969,229  $ 757,373

Restricted cash 21,358  8,589

Short-term time deposits 365,055  366,591

Short-term investments 105,091  35,524

Accounts receivables, net 538,389  504,250

Other receivables 66,820  48,655

Inventories, net 783,119  702,631

Advances to related parties 163  2,500

Prepaid expenses and other current assets 25,554  10,567

Total current assets 2,874,778  2,436,680

Property, plant and equipment, net 384,593  314,830

Operating lease right-of-use assets, net 16,634  17,925

Intangible assets, net 2,516  2,847

Deferred tax assets 25,904  29,389

Long-term investments 89,249  66,035

Other long-term assets 5,564  4,479

Total assets $ 3,399,238  $ 2,872,185

Liabilities and Equity

Current liabilities:

Short-term borrowings $ 107,218  $ 74,041

Current portion of long-term borrowings 40,787  35,082

Related parties accounts payable 29,799  32,060

Accounts payable 220,601  215,440

Advances from customers 165,566  187,809

Deferred revenue 15,908  17,388

Income taxes payable 3,626  991

FIN-48 payable 28,908  27,719

Other payables and accrued expenses 168,944  150,396

Current portion of operating lease liability 4,907  4,786

Total current liabilities 786,264  745,712

Long-term borrowings 192,904  178,930

Long-term operating lease liability 3,503  5,069

Other long-term liabilities 11,444  11,965

Total liabilities 994,115  941,676

Commitments and contingencies

Equity:

Stockholders’ equity:

Class A Common stock 6  6

Class B Common stock 1  1

Additional paid-in capital 1,361,841  1,115,504

Retained earnings 456,719  350,428

Statutory surplus reserve 34,164  34,164

Accumulated other comprehensive loss 7,423  (35,740)

Total ACM Research, Inc. stockholders’ equity 1,860,154  1,464,363

Non-controlling interests 544,969  466,146

Total equity 2,405,123  1,930,509

Total liabilities and equity $ 3,399,238  $ 2,872,185

- 5 -

Exhibit 99.1

ACM RESEARCH, INC.

Condensed Consolidated Statements of Operations and Comprehensive Income

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

(Unaudited)

( In thousands, except share and per share data)

Revenue $ 292,919  $ 215,372  $ 524,182  $ 387,719

Cost of revenue 158,301  110,911  282,326  200,708

Gross profit 134,618  104,461  241,856  187,011

Operating expenses:

Sales and marketing 23,778  22,102  44,466  38,445

Research and development 42,254  33,817  78,803  61,320

General and administrative 18,843  16,848  32,667  29,775

Total operating expenses 84,875  72,767  155,936  129,540

Income from operations 49,743  31,694  85,920  57,471

Interest income 7,142  4,013  11,861  7,352

Interest expense (2,059) (1,757) (3,992) (3,315)

Realized gain on short-term investments -  54  -  54

Unrealized gain on short-term investments 69,592  2,730  68,186  1,648

Other expense, net (9,793) (346) (19,093) (608)

Income from equity method investments 21,097  1,773  22,846  2,725

Income before income taxes 135,722  38,161  165,728  65,327

Income tax expense (13,472) (1,891) (17,243) (4,044)

Net income 122,250  36,270  148,485  61,283

Less: Net income attributable to non-controlling interests 33,266  6,510  42,194  11,143

Net income attributable to ACM Research, Inc. $ 88,984  $ 29,760  $ 106,291  $ 50,140

Comprehensive income:

Net income 122,250  36,270  148,485  61,283

Foreign currency translation adjustment, net of tax of nil 30,141  3,905  57,938  5,655

Comprehensive Income 153,066  40,175  207,098  66,938

Less: Comprehensive income attributable to non-controlling interests 41,477  7,250  57,644  12,207

Comprehensive income attributable to ACM Research, Inc. $ 111,589  $ 32,925  $ 149,454  $ 54,731

Net income attributable to ACM Research, Inc. per common share:

Basic $ 1.31  $ 0.47  $ 1.59  $ 0.79

Diluted $ 1.23  $ 0.44  $ 1.49  $ 0.74

Weighted average common shares outstanding used in computing per share amounts:

Basic 67,890,917 63,968,763 66,853,350 63,620,235

Diluted 71,838,908 67,464,856 70,678,872 67,138,338

- 6 -

Exhibit 99.1

ACM RESEARCH, INC.

Total Revenue by Product Category

Three Months Ended June 30, Six Months Ended June 30,

2026 2025 2026 2025

(Unaudited)

($ in thousand)

Single wafer cleaning, Tahoe and semi-critical cleaning equipment $ 132,978  $ 154,961  $ 255,460  $ 284,530

ECP (front-end and packaging), furnace and other technologies 128,546  48,016  212,785  75,646

Advanced packaging (excluding ECP), services & spares 31,395  12,395  55,937  27,543

Total Revenue By Product Category $ 292,919  $ 215,372  $ 524,182  $ 387,719

- 7 -

Exhibit 99.1

ACM RESEARCH, INC.

Reconciliation of GAAP to Non-GAAP Financial Measures

As described under “Use of Non-GAAP Financial Measures” above, ACM presents non-GAAP gross margin, operating expenses, operating income, net income attributable to ACM Research, Inc., and basic and diluted earnings per share as supplemental measures to GAAP financial measures, each of which excludes stock-based compensation (“SBC”) from the equivalent GAAP financial line items. In addition, non-GAAP net income attributable to ACM Research, Inc., and basic and diluted earnings per share exclude unrealized gain (loss) on short-term investments. The following tables reconcile gross margin, operating expenses, operating income, net income attributable to ACM Research, Inc., and basic and diluted earnings per share to the related non-GAAP financial measures:

- 8 -

Exhibit 99.1

Three Months Ended June 30,

2026 2025

Actual

(GAAP) SBC Other non-

operating adjustments Adjusted

(Non-GAAP) Actual

(GAAP) SBC Other non-

operating adjustments Adjusted

(Non-GAAP)

(In thousands)

Revenue $ 292,919  $ -  $ -  $ 292,919  $ 215,372  $ -  $ -  $ 215,372

Cost of revenue (158,301) (177) -  (158,124) (110,911) (356) -  (110,555)

Gross profit 134,618  (177) -  134,795  104,461  (356) -  104,817

Gross margin

46.0  % 0.1  % -  46.0  % 48.5  % 0.2  % -  48.7  %

Operating expenses:

Sales and marketing (23,778) (1,330) -  (22,448) (22,102) (2,096) -  (20,006)

Research and development (42,254) (1,532) -  (40,722) (33,817) (2,580) -  (31,237)

General and administrative (18,843) (3,544) -  (15,299) (16,848) (4,738) -  (12,110)

Total operating expenses

(84,875) (6,406) -  (78,469) (72,767) (9,414) -  (63,353)

Income (loss) from operations 49,743  (6,583) -  56,326  31,694  (9,770) -  41,464

Unrealized gain on short-term investments 69,592  -  69,592  -  2,730  -  2,730  -

Less: Net income attributable to non-controlling interests 33,266  -  (18,541) 14,725  6,510  -  (516) 5,994

Net income (loss) attributable to ACM Research, Inc. $ 88,984  $ (6,583) $ 51,051  $ 44,516  $ 29,760  $ (9,770) $ 2,214  $ 37,316

Basic EPS $ 1.31  $ 0.66  $ 0.47  $ 0.58

Diluted EPS $ 1.23  $ 0.61  $ 0.44  $ 0.55

Six Months Ended June 30,

2026 2025

Actual

(GAAP) SBC Other non-

operating adjustments Adjusted

(Non-GAAP) Actual

(GAAP) SBC Other non-

operating adjustments Adjusted

(Non-GAAP)

(In thousands)

Revenue $ 524,182  $ -  $ -  $ 524,182  $ 387,719  $ -  $ -  $ 387,719

Cost of revenue (282,326) (525) -  (281,801) (200,708) (885) -  (199,823)

Gross profit 241,856  (525) -  242,381  187,011  (885) -  187,896

Gross margin

46.1  % 0.1  % -  46.2  % 48.2  % 0.2  % -  48.5  %

Operating expenses:

Sales and marketing (44,466) (2,822) -  (41,644) (38,445) (4,253) -  (34,192)

Research and development (78,803) (3,374) -  (75,429) (61,320) (5,355) -  (55,965)

General and administrative (32,667) (5,483) -  (27,184) (29,775) (9,094) -  (20,681)

Total operating expenses

(155,936) (11,679) -  (144,257) (129,540) (18,702) -  (110,838)

Income (loss) from operations 85,920  (12,204) -  98,124  57,471  (19,587) -  77,058

Unrealized gain on short-term investments 68,186  -  68,186  -  1,648  -  1,648  -

Less: Net income attributable to non-controlling interests 42,194  -  (18,175) 24,019  11,143  -  (316) 10,827

Net income (loss) attributable to ACM Research, Inc. $ 106,291  $ (12,204) $ 50,011  $ 68,484  $ 50,140  $ (19,587) $ 1,332  $ 68,395

Basic EPS $ 1.59  $ 1.02  $ 0.79  $ 1.08

Diluted EPS $ 1.49  $ 0.96  $ 0.74  $ 1.01

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Aug. 07, 2026

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ACM Research, Inc.

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Area code of city

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Cover page.

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The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

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Address Line 1 such as Attn, Building Name, Street Name

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Address Line 2 such as Street or Suite number

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Name of the City or Town

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Code for the postal or zip code

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Name of the state or province.

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A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

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-Name Exchange Act

-Number 240

-Section 12

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Indicate if registrant meets the emerging growth company criteria.

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Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

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Two-character EDGAR code representing the state or country of incorporation.

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The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

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-Name Exchange Act

-Number 240

-Section 12

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The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

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Local phone number for entity.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

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Title of a 12(b) registered security.

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Name of the Exchange on which a security is registered.

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-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

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Trading symbol of an instrument as listed on an exchange.

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Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

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