ACM Research Operating Subsidiary Reports $2.5B Backlog as of Sept. 29
ACM Research (NASDAQ: ACMR) reported that its operating subsidiary, ACM Research (Shanghai), had a total backlog of RMB 17.1 billion ($2.5 billion) as of September 29, 2026. This represents an increase of 88.2% compared to the same period in the previous year. The reported backlog includes orders for tools that have already been shipped but not yet fully processed or recognized by customers. The significant growth in backlog suggests strong demand and ongoing commitments from clients, which could support future revenue recognition as these orders are fulfilled over time.
Tickers: $ACMR
Topics: backlog financial performance orders