📊 ACMR Key Takeaways
Is ACM Research, Inc. (ACMR) a Good Investment?
ACM Research demonstrates solid revenue growth (+15.2% YoY) and strong profitability with 44.4% gross margins and 10.4% net margins, supported by excellent liquidity (3.27x current ratio) and minimal leverage. However, the company faces significant concerns with negative free cash flow (-66.6M) and declining diluted EPS (-10.5% YoY) despite flat net income, suggesting potential share dilution or deteriorating operational cash conversion that warrants investigation.
ACM Research shows solid top-line growth, healthy gross margins, and a very strong balance sheet with high liquidity and low leverage. However, earnings quality is mixed because net income was flat, diluted EPS declined, and both operating cash flow and free cash flow turned negative, which raises concerns about cash conversion and the durability of growth.
Why Buy ACM Research, Inc. Stock? ACMR Key Strengths
- Revenue growth of 15.2% YoY demonstrates market demand and sales momentum
- Strong gross margins at 44.4% indicate pricing power and efficient manufacturing
- Exceptional balance sheet with 3.27x current ratio, 0.15x debt/equity, and 139.8x interest coverage providing financial flexibility
- Healthy net margin of 10.4% and 2.9B in total assets showing established market position
- Revenue grew 15.2% year over year with a strong 44.4% gross margin
- Balance sheet is conservatively positioned with $757.37M in cash, a 3.27x current ratio, and low 0.15x debt-to-equity
- Operating profitability remains solid with 12.1% operating margin and extremely strong 139.8x interest coverage
ACMR Stock Risks: ACM Research, Inc. Investment Risks
- Negative free cash flow of -66.6M (-7.4% FCF margin) with operating cash flow of -10.3M raises sustainability concerns despite profitability
- Diluted EPS declined 10.5% YoY while net income was flat, indicating significant share dilution or reduced share count impact
- Capital expenditures of 56.3M combined with negative operating cash flow suggests insufficient internal cash generation to fund growth investments
- Low return metrics (ROE 6.4%, ROA 3.3%) indicate suboptimal asset utilization relative to capital invested
- Operating cash flow was negative and free cash flow was -$66.61M, indicating weak cash generation relative to reported earnings
- Net income was flat year over year while diluted EPS fell 10.5%, suggesting dilution or weaker per-share earnings power
- Returns on capital remain modest with 6.4% ROE and 3.3% ROA, limiting evidence of strong capital efficiency
Key Metrics to Watch
- Operating cash flow trend and path to positive FCF generation
- Gross margin sustainability as revenue scales
- Share count and dilution from recent Form 4 insider filings
- Capital efficiency and ROE improvement trajectory
- Operating cash flow and free cash flow conversion relative to net income
- EPS growth and margin stability as revenue scales
ACM Research, Inc. (ACMR) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 3.27x current ratio provides a solid financial cushion.
ACMR Profit Margin, ROE & Profitability Analysis
ACMR vs Industrial Sector: How ACM Research, Inc. Compares
How ACM Research, Inc. compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is ACM Research, Inc. Stock Overvalued? ACMR Valuation Analysis 2026
Based on fundamental analysis, ACM Research, Inc. has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
ACM Research, Inc. Balance Sheet: ACMR Debt, Cash & Liquidity
ACMR Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: ACM Research, Inc.'s revenue has grown significantly by 247% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.16 reflects profitable operations.
ACMR Revenue Growth, EPS Growth & YoY Performance
ACMR Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $204.0M | $30.9M | $0.45 |
| Q2 2025 | $202.5M | $24.2M | $0.35 |
| Q1 2025 | $152.2M | $17.4M | $0.26 |
| Q3 2024 | $168.6M | $25.7M | $0.39 |
| Q2 2024 | $144.6M | $24.2M | $0.35 |
| Q1 2024 | $74.3M | $7.1M | $0.11 |
| Q3 2023 | $133.7M | $21.0M | $0.32 |
| Q2 2023 | $104.4M | $6.5M | $0.10 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
ACM Research, Inc. Dividends, Buybacks & Capital Allocation
ACMR SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for ACM Research, Inc. (CIK: 0001680062)
📋 Recent SEC Filings
❓ Frequently Asked Questions about ACMR
What is the AI rating for ACMR?
ACM Research, Inc. (ACMR) has a Combined AI Rating of HOLD from Claude (HOLD) and ChatGPT (HOLD) with 70% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are ACMR's key strengths?
Claude: Revenue growth of 15.2% YoY demonstrates market demand and sales momentum. Strong gross margins at 44.4% indicate pricing power and efficient manufacturing. ChatGPT: Revenue grew 15.2% year over year with a strong 44.4% gross margin. Balance sheet is conservatively positioned with $757.37M in cash, a 3.27x current ratio, and low 0.15x debt-to-equity.
What are the risks of investing in ACMR?
Claude: Negative free cash flow of -66.6M (-7.4% FCF margin) with operating cash flow of -10.3M raises sustainability concerns despite profitability. Diluted EPS declined 10.5% YoY while net income was flat, indicating significant share dilution or reduced share count impact. ChatGPT: Operating cash flow was negative and free cash flow was -$66.61M, indicating weak cash generation relative to reported earnings. Net income was flat year over year while diluted EPS fell 10.5%, suggesting dilution or weaker per-share earnings power.
What is ACMR's revenue and growth?
ACM Research, Inc. reported revenue of $901.3M.
Does ACMR pay dividends?
ACM Research, Inc. pays dividends, with $4.0M distributed to shareholders in the trailing twelve months.
Where can I find ACMR SEC filings?
Official SEC filings for ACM Research, Inc. (CIK: 0001680062) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is ACMR's EPS?
ACM Research, Inc. has a diluted EPS of $1.37.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is ACMR a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, ACM Research, Inc. has a HOLD rating with 70% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is ACMR stock overvalued or undervalued?
Valuation metrics for ACMR: ROE of 6.4% (sector avg: 15%), net margin of 10.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy ACMR stock in 2026?
Our dual AI analysis gives ACM Research, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is ACMR's free cash flow?
ACM Research, Inc.'s operating cash flow is $-10.3M, with capital expenditures of $56.3M. FCF margin is -7.4%.
How does ACMR compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 10.4% (avg: 10%), ROE 6.4% (avg: 15%), current ratio 3.27 (avg: 1.8).