ACM Research expects Q3 revenue growth of 34%-36%

ACM Research expects preliminary third-quarter 2026 revenue of $360 million to $365 million, up 34% to 36% year over year and above analyst estimates. The semiconductor equipment maker also anticipates shipments of $335 million to $340 million, an increase of 27% to 29%. The figures are preliminary and remain subject to quarter-end procedures and independent accounting review. ACM said its Shanghai subsidiary contributes a substantial majority of consolidated revenue and net income, while noting that the subsidiary’s standalone results use Chinese accounting standards and may differ materially from ACM’s U.S.-dollar consolidated results. The company plans to discuss finalized third-quarter results and its revenue outlook on an earnings call scheduled for November 5, 2026.