Flagship explainer

How ACM Research, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$901M · 100%Cost of revenue$501M · 56%Gross profit$400M · 44%Operating income$109M · 12%Income before tax$135M · 15%Income tax$13.3M · 1%Net income$94.1M · 10%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$901M100%
Cost of revenue$501M56%
$400M44%
$109M12%
Income before tax$135M15%
Income tax$13.3M1%
$94.1M10%
Source: · event Dec 31, 2025 · retrieved Jul 26, 2026 · annual-row source set
Embed this chart

View the full ACM Research, Inc. analysis at Buy Like Buffett