7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-09-30 2022-06-30 2022-03-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 
      
                                  
      revenue
    269,160,000 215,372,000 172,347,000 223,471,000 203,976,000 202,480,000 152,191,000 170,321,000 168,569,000 144,577,000 74,256,000 133,709,000 104,395,000 42,186,000 67,013,000 53,864,000 43,732,000 45,562,000 47,665,000 39,049,000 24,348,000 33,427,000 29,010,000 20,479,000 20,848,000 23,179,000 20,873,000 9,743,000 17,192,000 4,891,000 
      yoy
    31.96% 6.37% 13.24% 31.21% 21.00% 40.05% 104.95% 27.38% 61.47% 242.71% 10.81% 148.23% 138.72% -7.41% 40.59% 37.94% 79.61% 36.30% 64.31% 90.68% 16.79% 44.21% 38.98% 110.19% 21.27% 373.91%     
      qoq
    24.97% 24.96% -22.88% 9.56% 0.74% 33.04% -10.64% 1.04% 16.59% 94.70% -44.46% 28.08% 147.46% -37.05% 24.41% 23.17% -4.02% -4.41% 22.06% 60.38% -27.16% 15.23% 41.66% -1.77% -10.06% 11.05% 114.24% -43.33% 251.50%  
      cost of revenue, including cost of revenue from related parties of 19,293 and 45,209 for the three and nine months ended september 30, 2025, respectively, and 11,607 and 28,474 for the three and nine months ended september 30, 2024, respectively
    156,011,000                              
      gross profit
    113,149,000 104,461,000 82,550,000 110,815,000 104,834,000 96,784,000 79,121,000 79,076,000 88,514,000 68,639,000 39,986,000 65,967,000 44,157,000 19,686,000 29,685,000 21,680,000 18,045,000 19,674,000 20,341,000 19,356,000 10,228,000 16,254,000   10,316,000 10,287,000 8,724,000 5,122,000 9,173,000 2,199,000 
      yoy
    7.93% 7.93% 4.33% 40.14% 18.44% 41.00% 97.87% 19.87% 100.45% 248.67% 34.70% 204.28% 144.70% 0.06% 45.94% 12.01% 76.43% 21.04%   -0.85% 58.01%   12.46% 367.80%     
      qoq
    8.32% 26.54% -25.51% 5.71% 8.32% 22.32% 0.06% -10.66% 28.96% 71.66% -39.38% 49.39% 124.31% -33.68% 36.92% 20.14% -8.28% -3.28% 5.09% 89.25% -37.07%    0.28% 17.92% 70.32% -44.16% 317.14%  
      gross margin %
    42.04% 48.50% 47.90% 49.59% 51.40% 47.80% 51.99% 46.43% 52.51% 47.48% 53.85% 49.34% 42.30% 46.66% 44.30% 40.25% 41.26% 43.18% 42.67% 49.57% 42.01% 48.63% 0% 0% 49.48% 44.38% 41.80% 52.57% 53.36% 44.96% 
      operating expenses:
                                  
      sales and marketing
    22,311,000 22,102,000 16,343,000 18,380,000 15,759,000 17,135,000 14,173,000 9,440,000 16,803,000 11,439,000 9,337,000 13,133,000 7,664,000 6,697,000 6,363,000 5,789,000 5,308,000 5,249,000 3,924,000 4,595,000 3,005,000 3,886,000   -17,377,000 3,229,000 2,682,000 1,855,000 1,881,000 1,036,000 
      research and development
    39,651,000 33,817,000 27,503,000 27,750,000 27,837,000 25,968,000 23,918,000 32,465,000 26,151,000 20,064,000 14,029,000 15,678,000 11,367,000 17,346,000 7,856,000 7,933,000 5,504,000 5,878,000 4,343,000 5,221,000 3,677,000 3,492,000   -16,604,000 2,264,000 2,419,000 1,541,000 2,062,000 1,209,000 
      general and administrative
    22,264,000 16,848,000 12,927,000 20,696,000 17,054,000 16,088,000 15,798,000 13,797,000 12,387,000 6,706,000 7,758,000 5,520,000 5,091,000 4,949,000 3,671,000 3,627,000 3,783,000 3,115,000 4,568,000 2,204,000 2,328,000 1,846,000   -14,299,000 1,390,000 1,292,000 3,630,000 1,465,000 1,264,000 
      total operating expenses
    84,226,000 72,767,000 56,773,000 66,826,000 60,650,000 59,191,000 53,889,000 55,702,000 55,341,000 38,209,000 31,124,000 34,331,000 24,122,000 28,992,000 17,890,000 17,349,000 14,595,000 14,242,000 12,835,000 12,020,000 9,010,000 9,224,000   5,075,500 6,883,000 6,393,000 7,026,000 5,408,000 3,509,000 
      income from operations
    28,923,000 31,694,000 25,777,000 43,989,000 44,184,000 37,593,000 25,232,000 23,374,000 33,173,000 30,430,000 8,862,000 31,636,000 20,035,000 -9,306,000 11,795,000 4,331,000 3,450,000 5,432,000 7,506,000 7,336,000 1,218,000 7,030,000   2,640,000 3,404,000 2,331,000 -1,904,000 3,765,000 -1,310,000 
      yoy
    -34.54% -15.69% 2.16% 88.20% 33.19% 23.54% 184.72% -26.12% 65.58% -426.99% -24.87% 630.45% 480.72% -271.32% 57.14% -40.96% 183.25% -22.73%   -53.86% 106.52%   -29.88% -359.85%     
      qoq
    -8.74% 22.95% -41.40% -0.44% 17.53% 48.99% 7.95% -29.54% 9.01% 243.38% -71.99% 57.90% -315.29% -178.90% 172.34% 25.54% -36.49% -27.63% 2.32% 502.30% -82.67%    -22.44% 46.03% -222.43% -150.57% -387.40%  
      operating margin %
    10.75% 14.72% 14.96% 19.68% 21.66% 18.57% 16.58% 13.72% 19.68% 21.05% 11.93% 23.66% 19.19% -22.06% 17.60% 8.04% 7.89% 11.92% 15.75% 18.79% 5.00% 21.03% 0% 0% 12.66% 14.69% 11.17% -19.54% 21.90% -26.78% 
      interest income
    3,100,000 4,013,000 3,339,000 2,813,000 2,967,000 2,381,000 1,774,000 2,071,000 2,152,000 2,346,000 1,785,000 2,016,000 2,144,000 1,805,000 33,000 31,000 49,000 63,000 179,000 320,000 335,000 95,000   5,000 3,000 14,000 3,000 2,000 2,000 
      interest expense
    -1,851,000 -1,757,000 -1,558,000 -1,228,000 -1,208,000 -932,000 -783,000 -697,000 -640,000 -649,000 -695,000 -419,000 -306,000 -261,000 -191,000 -194,000 -189,000 -371,000 -272,000 -228,000 -111,000 -205,000   -91,000 -112,000 -149,000 -103,000 -80,000 -33,000 
      realized gain on short-term investments
     54,000                             
      unrealized gain on short-term investments
    18,656,000 2,730,000  2,124,000 413,000 1,031,000                         
      other income
    -3,411,000 -346,000 -262,000 7,061,000 -5,164,000 1,357,000 3,080,000 -1,714,000 -2,150,000 3,724,000 -1,418,000 7,207,000 2,505,000 237,000   469,000 -2,444,000 -1,759,000 149,000 677,000 1,850,000   303,250 902,000 1,066,000 -755,000   
      income from equity method investments
    3,670,000 1,773,000 952,000 322,000 1,316,000 -695,000 -520,000 6,224,000 -160,000                      
      income before income taxes
    49,087,000 38,161,000 27,166,000 56,425,000 42,679,000 40,735,000 26,461,000 31,427,000 31,712,000 41,235,000 11,842,000 37,546,000 24,427,000 -11,454,000 10,884,000 7,349,000 3,052,000 6,400,000 8,273,000 2,355,000 2,267,000 8,761,000   1,233,750 4,314,000 3,379,000 -2,758,000 3,441,000 -1,560,000 
      income tax expense
    -2,689,000 -1,891,000 -2,153,000 -17,319,000 -4,007,000 -9,336,000 -4,369,000 -8,129,000 -718,000 -7,638,000          -1,859,000 -304,000       -22,000   
      net income
    46,398,000 36,270,000 25,013,000 39,106,000 38,672,000 31,399,000 22,092,000 23,298,000 30,994,000 33,597,000 8,963,000 27,076,000 16,748,000 -7,443,000 11,150,000 7,334,000 5,822,000 9,198,000 10,020,000 496,000 1,963,000 9,089,000 4,311,000 1,857,000 1,072,000 3,853,000 3,215,000 -2,780,000 3,365,000 -1,282,000 
      yoy
    19.98% 15.51% 13.22% 67.85% 24.77% -6.54% 146.48% -13.95% 85.06% -551.39% -19.61% 269.18% 187.67% -180.92% 11.28% 1378.63% 196.59% 1.20% 132.43% -73.29% 83.12% 135.89% 34.09% -166.80% -68.14% -400.55%     
      qoq
    27.92% 45.00% -36.04% 1.12% 23.16% 42.13% -5.18% -24.83% -7.75% 274.84% -66.90% 61.67% -325.02% -166.75% 52.03% 25.97% -36.70% -8.20% 1920.16% -74.73% -78.40% 110.83% 132.15% 73.23% -72.18% 19.84% -215.65% -182.62% -362.48%  
      net income margin %
    17.24% 16.84% 14.51% 17.50% 18.96% 15.51% 14.52% 13.68% 18.39% 23.24% 12.07% 20.25% 16.04% -17.64% 16.64% 13.62% 13.31% 20.19% 21.02% 1.27% 8.06% 27.19% 14.86% 9.07% 5.14% 16.62% 15.40% -28.53% 19.57% -26.21% 
      less: net income attributable to non-controlling interests
    10,509,000 6,510,000 4,633,000 8,026,000 7,768,000 7,189,000 4,659,000 5,598,000 5,315,000 6,772,000 1,818,000 6,072,000 4,512,000 -1,657,000               -19,000 -327,000 
      net income attributable to acm research, inc.
    35,889,000 29,760,000 20,380,000 31,080,000 30,904,000 24,210,000 17,433,000 17,700,000 25,679,000 26,825,000 7,145,000 21,004,000 12,236,000 -5,786,000 10,155,000 6,567,000 5,470,000 8,529,000 8,627,000 -81,000 1,705,000 8,782,000   1,072,000 3,853,000 3,215,000 -2,780,000 3,384,000 -955,000 
      comprehensive income:
                                  
      foreign currency translation adjustment, net of tax of nil
    9,899,000 3,905,000 1,750,000                            
      unrealized gain on available-for-sale investments, net of tax
    2,391,000                              
      comprehensive income
    58,688,000 40,175,000 26,763,000 13,430,000 55,761,000 31,515,000 15,263,000 34,512,000 35,009,000 -1,672,000 18,386,000 -15,340,000 -23,624,000 -4,989,000 10,741,000 10,334,000 4,490,000 15,592,000 15,777,000 738,000 63,000 6,498,000   802,750 3,107,000 2,179,000  3,345,000 -1,054,000 
      less: comprehensive income attributable to non-controlling interests
    13,017,000 7,250,000 4,957,000 4,907,000 10,842,000 7,210,000 3,406,000 5,807,000 7,768,000 652,000 3,462,000 -1,057,000 -2,248,000 -1,073,000               -22,000 -237,000 
      comprehensive income attributable to acm research, inc.
    45,671,000 32,925,000 21,806,000 8,523,000 44,919,000 24,305,000 11,857,000 28,705,000 27,241,000 -2,324,000 14,924,000 -14,283,000 -21,376,000 -3,916,000 9,984,000 8,537,000 4,573,000 12,348,000 13,079,000 -872,000 757,000 6,191,000         
      net income attributable to acm research, inc. per share of common stock
                                  
      basic
    0.56 0.47 0.32 0.293 0.49 0.39 0.28 0.248 0.43 0.45 0.12 350 210 -100 520 340 290 460 470 90 520   67.5 240 200    
      diluted
    0.52 0.44 0.3 0.268 0.45 0.35 0.26 0.225 0.39 0.41 0.11 320 180 -90 460 300 250 410 400 80 450   60 210 180    
      weighted-average shares of common stock outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
      cost of revenue, including cost of revenue from related parties of 16,518 and 25,917 for the three and six months ended june 30, 2025, respectively and 9,637 and 16,867 for the three and six months ended june 30, 2024, respectively
     110,911,000                             
      cost of revenue, including cost of revenue from related parties of 9,399 for the three ended march 31, 2025 and 7,230 for the three months ended march 31, 2024 respectively
      89,797,000                            
      realized gain from sale of short-term investments
       1,344,000 171,000  273,000 478,000 656,000                      
      unrealized loss on short-term investments
      -1,082,000    -2,595,000 -1,107,000 -1,319,000                      
      cost of revenue, including cost of revenue from related parties of 15,276 and 46,547 for the three and nine months ended september 30, 2024, respectively, and 7,952 and 37,632 for the three and nine months ended september 30, 2023, respectively
       69,477,000 99,142,000                          
      foreign currency translation adjustment, net of tax
       -26,104,000 17,089,000 116,000 -6,829,000 11,214,000 4,015,000 -35,269,000 9,423,000 -42,416,000 -40,372,000                  
      cost of revenue, including cost of revenue from related parties of 16.1 million and 31.3 million for the three and six months ended june 30, 2024, respectively and 11.3 and 29.7 million for the three and six months ended june 30, 2023, respectively
         105,696,000                         
      cost of revenue, including cost of revenue from related parties of 15.1 million and 18.4 million for the three months ended march 31, 2024 and 2023, respectively
          73,070,000                        
      cost of revenue
           47,565,750 80,055,000 75,938,000 34,270,000 67,742,000 60,238,000 22,500,000 37,328,000 32,184,000 25,687,000 25,888,000 27,324,000 19,693,000 14,120,000 17,173,000   -69,856,000 12,892,000 12,149,000 4,621,000 8,019,000 2,692,000 
      realized gain from sale of trading securities
             3,919,000 3,994,000 1,136,000                   
      unrealized loss on trading securities
             -2,455,000 -654,000   -3,858,000   -1,047,000              
      equity income in net income of affiliates
             3,920,000  1,251,000 472,000 -71,000 421,000 295,000 320,000 116,000 182,000 209,000 148,000 -9,000   58,750 117,000 117,000 1,000   
      less: dilutive effect arising from stock-based awards by acm shanghai
             -303,000                     
      net income available to common stockholders, diluted
             26,522,000                     
      equity loss in net income of affiliates
              -32,000                    
      income tax benefit
              -2,879,000 -10,470,000 -7,679,000 4,011,000 266,000 -15,000 2,770,000 2,798,000 1,747,000   328,000   -161,750 -461,000 -164,000  -117,750 278,000 
      unrealized gain on trading securities
               -5,281,000 -423,000  -919,000 3,783,000  3,604,000 8,970,000            
      net income attributable to acm research, inc. per common share
                                  
      basic
    0.56 0.47 0.32 0.293 0.49 0.39 0.28 0.248 0.43 0.45 0.12 350 210 -100 520 340 290 460 470 90 520   67.5 240 200    
      diluted
    0.52 0.44 0.3 0.268 0.45 0.35 0.26 0.225 0.39 0.41 0.11 320 180 -90 460 300 250 410 400 80 450   60 210 180    
      weighted-average common shares outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
      foreign currency translation adjustment
                 2,454,000 -409,000 3,000,000 -1,332,000 6,394,000 5,757,000 242,000 -1,900,000 -2,591,000   -269,250 -746,000 -1,036,000 705,000 -20,000 228,000 
      change in fair value of financial liability
                      -6,533,000 -5,431,000           
      other income (expenses)
                  -255,000 -897,000               
      less: net income attributable to non-controlling interests and redeemable non-controlling interests
                  995,000 767,000 352,000 669,000 1,393,000 577,000           
      less: comprehensive income attributable to non-controlling interests and redeemable non-controlling interests
                  757,000 1,797,000 -83,000 3,244,000 2,698,000 1,610,000           
      less: net income attributable to redeemable non-controlling interests
                        258,000 307,000         
      less: comprehensive income attributable to redeemable non-controlling interests
                        -694,000 307,000         
      cost of revenue
                          15,879,000 11,653,000       
      gross profit
                          13,131,000 8,826,000       
      operating expenses:
                                  
      sales and marketing
                          2,924,000 1,869,000       
      research and development
                          3,341,000 2,765,000       
      general and administrative
                          2,205,000 1,941,000       
      total operating expenses, net
                          8,470,000 6,575,000       
      income from operations
                          4,661,000        
      interest income
                          24,000 9,000       
      interest expense
                          -194,000 -139,000       
      other income, net
                          543,000 -261,000       
      equity income in net income of affiliates
                          153,000 116,000       
      income before income taxes
                          5,187,000 1,976,000       
      income tax expense
                          -876,000 -119,000       
      comprehensive income:
                                  
      net income
                          4,311,000 1,857,000       
      foreign currency translation adjustment
                          -968,000 657,000       
      total comprehensive income
                          3,343,000 2,514,000       
      net income per common share
                                  
      basic
                          270 120       
      diluted
                          230 100       
      weighted-average common shares outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
      income from operations
                           2,251,000       
      less: comprehensive loss attributable to non-controlling interests
                                  
      total comprehensive income attributable to acm research, inc.
                            802,750 3,107,000     
      weighted-average common shares outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
      total comprehensive income attributable to acm research, inc.
                              2,179,000  3,367,000 -817,000 
      weighted-average common shares outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
      comprehensive loss
                               -2,075,000   
      total comprehensive loss attributable to acm research, inc.
                               -2,075,000   
      net income per common share
                                  
      basic
                               -180 670 -170 
      diluted
                               -180 670 -170 
      operating expenses, net:
                                  
      equity in net income of affiliates
                                17,000 20,000 
      non-operating income
                                -132,750 -239,000 
      net income per common shares
                                  
      basic
                               -180 670 -170 
      diluted
                               -180 670 -170 
      weighted-average common stocks outstanding used in computing per share amounts
                                  
      basic
    64,381,296 63,968,763 63,267,834 62,212,569 62,500,903 62,178,369 61,367,184 60,164,670 60,219,218 59,898,149 59,736,764 59,360,790 59,177,643 58,827,390 19,422,546 19,123,659 18,786,870 18,233,361 18,201,943 18,050,841 18,120,363 16,999,746 16,090,937,000 16,044,655  15,915,864,000 15,838,540 15,383,086 6,865,390 5,581,637 
      diluted
    68,414,313 67,464,856 66,952,774 66,237,424 66,671,526 67,057,846 66,242,321 64,870,543 65,450,941 64,929,638 65,058,777 65,612,665 65,478,677 65,950,922 22,042,516 21,807,744 21,868,280 21,183,469 21,555,296 21,516,175 21,066,636 19,354,214 18,604,347,000 18,225,317  18,169,807,000 18,119,733 15,383,086 6,865,390 5,581,637 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.