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Ichor Holdings ICHR Operating margin

Operating margin at other companies

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Applied MaterialsAMAT
28.6%-1.1pp
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Lam ResearchLRCX
34.3%+3.4pp
UCT
Ultra Clean HoldingsUCTT
-4.4%-7.9pp
MKS Instruments logo
MKS InstrumentsMKSI
13.9%+0.1pp
Dover logo
DoverDOV
16.7%+0.5pp
AVT
AvantorAVTR
4%-5.2pp

Other financials

Income statement

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Revenue$256.1M+4.7%
Gross profit$32.3M+13.1%
Operating income$2.1M+278%
Net income-$2.5M+45.8%
EPS (diluted)-$0.07+46.2%

Balance sheet

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Cash & equivalents$89.1M-18.5%
Total debt$158.7M-6.6%
Total equity$668.0M-4.6%
Total assets$972.5M-3.4%

Cash flow

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Operating cash flow-$2.9M-115%
CapEx$7.1M-61.8%
Free cash flow-$10.0M-2,113%

Valuation

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Market cap$3.44B+110%
Enterprise value$3.51B+103%
P/S3.6×+1.7×

Profitability

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Gross margin9.5%-2.7pp
Net margin-5.3%-11.3pp
FCF margin6.4%+2.2pp

Returns & leverage

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Return on equity-7.4%-13.8pp
Debt / equity0.2×0.0×
Current ratio2.8×-0.3×

Where this comes from

Calculated from Ichor Holdings’s reported figures.

Based on trailing twelve months.

The official record: Ichor Holdings’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ichor Holdings's operating margin?
Ichor Holdings (ICHR) reported operating margin of -3.8% in Q1 2026.
How has Ichor Holdings's operating margin changed year-over-year?
Ichor Holdings's operating margin decreased by 560.5% year-over-year, from -0.6% to -3.8%.
What is the long-term trend for Ichor Holdings's operating margin?
Over 5 years (2020 to 2025), Ichor Holdings's operating margin has grown at a -1.8% compound annual growth rate (CAGR), from 4.5% to -4.1%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.