Ultra Clean Holdings Reports Impressive Q3 2026 Financial Performance

Ultra Clean Holdings Reports Strong Q3 2026 Financial Performance

Ultra Clean Holdings, Inc. (NASDAQ: UCTT) has revealed its financial outcomes for the third quarter, concluding on September 25, 2026. The results showcase significant achievements, reflecting an impressive revenue growth trajectory and operational efficiency.

Key Financial Highlights

The company reported record revenues of $759 million for the third quarter, marking a notable increase of 18% compared to the previous quarter (Q2 2026) and a remarkable 49% compared to Q3 2025. This performance underscores Ultra Clean's robust market position and ability to meet rising customer demands in an evolving industry landscape.

The gross margin figures revealed a GAAP gross margin of 16.9% and a non-GAAP gross margin of 17.3%, indicative of the firm's operational effectiveness and cost management strategies. Additionally, the company posted a GAAP earnings per share (EPS) of $0.85, with the non-GAAP EPS soaring to $1.15.

James Xiao, the CEO of Ultra Clean, highlighted the success of their strategic approach, stating, "We delivered another strong quarter of growth and solid operational performance, as we responded with speed and agility to scale production and meet accelerating customer demand." He emphasized the company's commitment to capturing value in the AI-driven expansion of the semiconductor sector through innovation and strategic partnerships.

Detailed Financial Results

In terms of operational performance, total revenue comprised $681.9 million from products, with services contributing another $77.1 million. The total gross margin stood at 16.9%, while the operating margin reached 7.1%. Notably, net income was reported at $39.1 million, representing a substantial improvement when compared to the previous quarter where net income was only $8.7 million.

For non-GAAP results, the gross margin indicated a positive 17.3%, with operating margin at 9.0%. The net income for this category was reported at $53.2 million, showcasing a remarkable rise from the previous quarter's $32.3 million.

Looking Ahead

Looking towards the future, Ultra Clean anticipates revenue for the fourth quarter of 2026 to fall within the range of $800 million to $860 million. This forecast demonstrates confidence in continued growth and the capability to navigate industry demands effectively. The projected GAAP diluted net income is expected to be between $1.02 and $1.26 per share, while the non-GAAP diluted net income is projected to range from $1.11 to $1.35 per diluted share.

Conference Call Details

To discuss these results further, Ultra Clean will host a conference call at 1:45 PM PT, which can be accessed by dialing the provided numbers. For those unable to attend, a replay will be available in the Investor Relations section of their website.

About Ultra Clean Holdings

Headquartered in Hayward, California, Ultra Clean Holdings is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning services, primarily for the semiconductor industry. The company excels in providing integrated solutions that enhance design-to-delivery timelines, manufacturability, and high-precision manufacturing.

With ongoing advancements and strategic initiatives, Ultra Clean Holdings remains committed to building a more agile and efficient organization, well-equipped to meet future challenges and opportunities. Additional information on their financial reports and corporate strategy can be found on their official website at www.uct.com.