ACM Research (NASDAQ:ACMR) issued a bullish 2026 outlook Thursday, signaling a significant revenue step-up as the semiconductor equipment maker scales its proprietary cleaning and furnace technologies.
The Fremont-based company provided an initial 2026 revenue guidance range of $1.08 billion to $1.175 billion, representing roughly 26% growth at the midpoint compared to the prior year.
The company concurrently narrowed its full-year 2025 revenue expectations to $885 million–$900 million, moving from its previous broader range of $875 million–$925 million.
Management noted that while 2025 faced headwinds from fluctuating international trade policies and supply-chain constraints, the 2026 "inflection point" will be driven by high-growth product lines.
Specifically, ACM expects outsized contributions from its single-wafer Sulfuric Peroxide Mix (SPM) tools, the eco-friendly Tahoe cleaning system, and its expanding Furnace series, which includes advanced Thermal ALD (Atomic Layer Deposition) solutions.
"We plan for a higher revenue growth rate in 2026 amidst healthy investments in production capacity and market share gains from our newer products," said Dr. David Wang, CEO of ACM Research.