Jun 2026 (Q2 FY26) — Aug 3, 2026
Ultra Clean Holdings Q2 FY26 — Record Revenue and Capacity Expansion
Read the full callUltra Clean Holdings (UCTT) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Ultra Clean Holdings earnings: last reported Mon, 3 Aug 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 645 | +24.3% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 4.6 | +31.9 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 8.7 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. |
Guidance
What management said, and what became of it
20 of 20 judged targets kept · 10 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| EPS (quarterly guidance) | $0.44 to $0.60 | Mar 2026 | earnings per share for the quarter were $0.70 on net income of $32.3 million | Achieved |
| Long-term revenue run-rate ($4B) | $4 billion annualized revenue run-rate | Dec 2025 | in the first half of 2027, we will hit that $4 billion run rate in capacity, and we're going full speed on that | Revised Down |
| Effective tax rate (full year) | low 20% range | Dec 2025 | Second quarter tax rate came in at 20%, consistent with our expectations. | On Track |
10 of Ultra Clean Holdings, Inc.'s 30 targets are still open. See which are on track and which have gone quiet. The 3 above are the free sample; 27 more targets are in the full ledger.
Claimed
- Record total revenue of $644.9 million, up 20.8% QoQ.
- Non-GAAP EPS of $0.70, more than double the prior quarter's $0.31.
- Non-GAAP total operating margin expanded to 7%, up from 5.1% QoQ.
- Added 26,000 square feet of clean room space in Malaysia, with further expansions planned to support a $4 billion annualized revenue run rate by mid-2027.
- Top 2 customer revenue concentration reduced from 64% to high 50s, indicating diversification.
Qualified
- Operating cash flow was negative $41.1 million, following negative $33.3 million last quarter, due to strategic inventory investments.
Price
$52.8 +3.53% · +$1.8
Performance +83.6% 1Y
1Y: $28.76 on 17 Oct 2025 → $52.8. High $142.59 (30 Jun 2026), low $21.65 (20 Nov 2025).
- Previous close
- $51
- 52-week range
- $21.65 – $142.59
- One year
- +81.01%
Overview
- Symbol
- UCTT
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
20 of 20 judged targets kept · 10 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| EPS (quarterly guidance) | $0.44 to $0.60 | Mar 2026 | earnings per share for the quarter were $0.70 on net income of $32.3 million | Achieved |
| Long-term revenue run-rate ($4B) | $4 billion annualized revenue run-rate | Dec 2025 | in the first half of 2027, we will hit that $4 billion run rate in capacity, and we're going full speed on that | Revised Down |
| Effective tax rate (full year) | low 20% range | Dec 2025 | Second quarter tax rate came in at 20%, consistent with our expectations. | On Track |
Claimed
- Record total revenue of $644.9 million, up 20.8% QoQ.
- Non-GAAP EPS of $0.70, more than double the prior quarter's $0.31.
- Non-GAAP total operating margin expanded to 7%, up from 5.1% QoQ.
- Added 26,000 square feet of clean room space in Malaysia, with further expansions planned to support a $4 billion annualized revenue run rate by mid-2027.
- Top 2 customer revenue concentration reduced from 64% to high 50s, indicating diversification.
Qualified
- Operating cash flow was negative $41.1 million, following negative $33.3 million last quarter, due to strategic inventory investments.
The full ledger
Open Ultra Clean Holdings, Inc.’s full ledger
A free account opens 5 company ledgers a month. All 30 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 28, 2026
Ultra Clean Holdings Q1 FY26 — Strong Start with AI-Driven WFE Momentum
Read the full callEvery analysed call
Ultra Clean Holdings earnings calls (UCTT)
Financials
What the filings say
Net profit, year on year: +105% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 540 | 563 | 519 | 519 | 510 | 507 | 534 | 645 |
| Operating profit | 25 | 26 | 13 | -142 | 11 | 11 | 11 | 30 |
| Operating margin | 4.7% | 4.6% | 2.5% | −27.3% | 2.1% | 2.1% | 2.1% | 4.6% |
| Interest | 12 | 11 | 10 | 10 | 10 | 8 | 7 | 1 |
| Profit before tax | 10 | 24 | 5 | -153 | 1 | 2 | 4 | 30 |
| Tax rate | 97.1% | 18.1% | 151.0% | −4.7% | 1450.0% | 123.8% | 457.1% | 60.3% |
| Net profit | -2 | 16 | -5 | -162 | -11 | -3 | -18 | 9 |
| EPS ($ per share) | -0.05 | — | -0.11 | -3.58 | -0.24 | — | -0.40 | 0.19 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Reserves | 150 | 140 | 218 | 337 | 378 | 347 | 370 | 189 |
| Total liabilities | 515 | 567 | 551 | 1,133 | 1,024 | 971 | 984 | 945 |
| Fixed assets | 144 | 145 | 159 | 242 | 280 | 328 | 326 | 325 |
| Total assets | 966 | 1,019 | 1,103 | 1,868 | 1,961 | 1,868 | 1,920 | 1,729 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 42 | 121 | 97 | 212 | 47 | 136 | 65 | 66 |
| Cash from investing | -346 | -49 | -30 | -405 | -96 | -120 | -63 | -47 |
| Cash from financing | 380 | -53 | -31 | 461 | -56 | -70 | 10 | -21 |
| Net cash flow | 76 | 18 | 38 | 266 | -108 | -52 | 7 | -2 |
| Capital expenditure | -26 | -26 | -36 | -59 | -100 | -76 | -63 | -50 |
| Free cash flow | 16 | 95 | 61 | 152 | -53 | 60 | 2 | 15 |
UCTT revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2027 | Q2 FY2027 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Semiconductor Products and Solutions | 89% | 89% | 88% | 88% | 87% | 87% | 87% | 89% | +25.9% |
| Semiconductor Services Business | 11% | 11% | 12% | 12% | 13% | 13% | 13% | 11% | +13.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
Revenue by region
Q2 FY2027 · share of revenue
- SG 39% ↑ 7 pt
- US 22% ↓ 5 pt
- AT 10% ↑ 1 pt
- Other Geographical Areas 8% ↓ 4 pt
- MY 8%
- CN 6% ↓ 5 pt
- KR 5%
- TW 3% ↓ 1 pt
As UCTT cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
128 filings between Nov 25, 2025 and Sep 30, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$11.95M
86 sales by 9 insiders
87% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 18
- Award — granted as compensation
- 21
- Tax withheld — shares kept back by the company to cover tax
Also filed: 3 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| Savage Sheri | — | $2.70M | Jun 4, 2026 |
| HARDING BRIAN E | — | $2.33M | Jul 2, 2026 |
| GRANGER CLARENCE L | — | $2.26M | May 1, 2026 |
| Cook Christopher S | — | $1.75M | May 4, 2026 |
| LIGGETT EMILY M | — | $755.7K | May 27, 2026 |
| Palfrey Jamie J. | — | $692.9K | May 5, 2026 |
| IBNALE DAVID T | — | $625.7K | Dec 3, 2025 |
| McKibben Jeffrey L. | — | $582.0K | May 14, 2026 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 30, 2026 | Xiao Jinsong Chief Executive Officer | Tax withheld | 19,188 | $1.56M |
| Aug 31, 2026 | Keogh Michael Dennis Chief Financial Officer | Award | 20,917 | $0 |
| Aug 31, 2026 | Cook Christopher S President, Products Division | Tax withheld | 12,497 | $847.7K |
| Jul 2, 2026 | HARDING BRIAN E Chief Accounting Officer | Sale 10b5-1 plan | 1,203 | $156.5K |
| Jul 2, 2026 | HARDING BRIAN E Chief Accounting Officer | Sale 10b5-1 plan | 440 | $55.8K |
| Jul 2, 2026 | HARDING BRIAN E Chief Accounting Officer | Sale 10b5-1 plan | 2,194 | $281.6K |
| Jun 26, 2026 | HARDING BRIAN E Chief Accounting Officer | Award | 9,363 | $0 |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 935 | $83.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 419 | $37.2K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 988 | $87.2K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 688 | $61.8K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 259 | $23.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 358 | $32.6K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 18 | $1.7K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 160 | $14.0K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 2,894 | $262.7K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 50 | $4.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,906 | $171.0K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 392 | $34.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 784 | $71.8K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 600 | $52.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,070 | $94.9K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 852 | $76.6K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 972 | $88.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 172 | $15.8K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 40 | $3.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 120 | $10.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 360 | $32.0K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 150 | $13.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 301 | $27.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 157 | $14.1K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 3,068 | $272.1K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 321 | $28.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 120 | $10.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,570 | $137.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 260 | $23.6K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 91 | $8.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 96 | $8.2K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 40 | $3.4K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 907 | $80.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 446 | $40.0K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 763 | $69.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 171 | $15.7K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 488 | $42.5K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,429 | $126.0K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,429 | $127.3K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 20 | $1.8K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 1,706 | $155.2K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 260 | $23.9K |
| Jun 4, 2026 | Savage Sheri CFO | Sale 10b5-1 plan | 200 | $17.2K |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for Ultra Clean Holdings, Inc.
Free account. Everything above stays public.
Write why you follow Ultra Clean Holdings, Inc. and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading