Filing Flows › ACM Research (ACMR) › How it makes money
How ACM Research (ACMR) makes money
ACM Research (ACMR) made $368M of revenue in the third quarter 2026 (Q3 2026), +37% from a year earlier. Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment brought in $211M (57%); ECP (front-end and packaging), Furnace and Other Technologies brought in $109M (30%); Advanced Packaging (excluding ECP), Services & Spares brought in $47.5M (13%). Of every dollar of revenue, 41¢ was left as gross profit, 15¢ was left as operating profit, 0¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment | $211M | 57.3% | +58% | +16% |
| ECP (front-end and packaging), Furnace and Other Technologies | $109M | 29.8% | -15% | +83% |
| Advanced Packaging (excluding ECP), Services & Spares | $47.5M | 12.9% | +51% | +71% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $368M | 100.0% |
| Cost of revenue | $215M | 58.5% |
| Gross profit | $152M | 41.5% |
| Operating expenses | $96.9M | 26.3% |
| Operating profit | $55.5M | 15.1% |
| Income tax | $1.9M | 0.5% |
| Net earnings | $1.5M | 0.4% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $368M | +37% |
| Q2 2026 | $293M | +36% |
| Q1 2026 | $231M | +34% |
| Q4 2025 | $244M | +9% |
| Q3 2025 | $269M | +32% |
| Q2 2025 | $215M | +6% |
| Q1 2025 | $172M | +13% |
From ACM Research's 10-Q filed Nov 6, 2026 (on EDGAR).
Questions
How does ACM Research make money?
ACM Research (ACMR) made $368M of revenue in the third quarter 2026 (Q3 2026), +37% from a year earlier. Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment brought in $211M (57%); ECP (front-end and packaging), Furnace and Other Technologies brought in $109M (30%); Advanced Packaging (excluding ECP), Services & Spares brought in $47.5M (13%). Of every dollar of revenue, 41¢ was left as gross profit, 15¢ was left as operating profit, 0¢ was left as net earnings.
What is ACM Research's biggest business?
Single Wafer Cleaning, Tahoe and Semi-Critical Cleaning Equipment: $211M in the third quarter 2026, 57% of revenue, +16% from a year earlier.
What is ACM Research's profit margin?
Net earnings were $1.5M, 0.4% of revenue, in the third quarter 2026; the operating margin was 15.1%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.