Q2 2026 ACM Research Inc Earnings Call Transcript

Aug 7, 2026 / 12:00 PM GMT

Release Date Price: €72.3 (+5.55%)

Transcript 10-Q8-K

Key Points

Positve

Revenue and shipments increased 36% year-over-year, with ECP and advanced packaging growing over 150%.
Received orders for panel-level horizontal plating tools from two advanced packaging customers, marking a significant milestone in a potentially large growth area.
Order book for the first half of 2026 increased over 100% year-over-year, indicating strong demand.
Customer concentration improved significantly, with only one 10% customer (12.7% of revenue) compared to three customers (49.9%) in the prior year.
Raised full-year 2026 revenue guidance to $1.125-$1.175 billion, implying 25-30% growth, and expects shipment growth to outpace revenue growth.

Negative

Revenue from single-wafer cleaning, Tahoe, and semi-critical cleaning declined 14% year-over-year, though expected to rebound with new SPM product cycle.
Gross margin decreased to 46.0% from 48.7% year-over-year, though still above the midpoint of the long-term target range.
Global component shortages and longer lead times could impact shipment timing and revenue recognition in the second half of 2026.
Operating expenses increased 23.9% year-over-year, with R&D expected to rise to 16-18% of sales in 2026.
Cash used by operations was $6.4 million in the quarter, and the company expects to burn cash this year due to heavy capital expenditures.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ACMR.OQ - ACM Research, Inc.
Q2 2026 ACM Research Inc Earnings Call
Aug 07, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good day, ladies and gentlemen, thank you for standing by.

Welcome to the ACM Research second quarter 2026 earnings conference call, currently all participants on a listen-only mode.

Later we will conduct a question-and-answer session instruction pro for that time.

As a reminder, we are recording today's call.

If you have any objections, you may disconnect at this time.

Now I will turn the call over to Mr.

Steven Pillay, managing director of the Blue Shirt Group.

Steven, please go ahead.

Good day everyone.

Thank you for joining us to discuss second quarter 2026 results, which were released before the US market opened today.

The release is

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