Filing Flows › ACM Research (ACMR) › Q3 2026
ACM Research (ACMR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 6, 2026
ACM Research (ACMR) reported revenue of $368M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +26% from the quarter before. Operating margin was 15.1%, net earnings $1.5M (0.4% of revenue).
ACM Research, Q3 2026: revenue $368M (+37% year over year), operating margin 15.1%, net earnings $1.5M, operating cash flow −$70.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $368M | +26% | +37% |
| Gross profit | $152M | +13% | +35% |
| Operating profit | $55.5M | +12% | +92% |
| Net earnings | $1.5M | -98% | -96% |
| Operating cash flow | −$70.4M | — | — |
What changed
Revenue was $367.7M in Q3 2026, up 37% year over year and up 26% from the previous quarter. Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment was the largest line at 57% of revenue. ECP (front-end and packaging), Furnace and Other Technologies added $49.6M year over year (up 83%), 50% of the total change.
Gross margin was 41.5%, down 0.6 points from Q3 2025. Operating profit was $55.5M, a 15.1% margin (up 4.4 points year over year). Of the extra revenue versus Q3 2025, 27% reached operating profit, above the 11% margin then. Operating expenses grew 15% against revenue growth of 37%. The fastest-growing cost line was Research & development (+30%). Net earnings were $1.5M, down 96% year over year. The effective tax rate was 23.0%.
Operating cash flow was −$70.4M. Non-cash charges added back $7.0M of depreciation and amortization and $10.7M of share-based compensation. Working capital and other items used $94.4M. Capital expenditures of $25.2M exceeded it, leaving free cash flow of −$95.6M.
Questions
What was ACM Research's revenue in the third quarter 2026?
ACM Research (ACMR) reported revenue of $368M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +26% from the quarter before.
Was ACM Research profitable in the third quarter 2026?
Operating profit was $55.5M (15.1% of revenue) and net earnings $1.5M.
Source: ACM Research 10-Q on SEC EDGAR.