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Other financials

Income statement

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Revenue$533.7M+2.9%
Operating income$11.4M-11.6%
Net income-$17.9M-258%
EPS (diluted)-$0.40-264%

Balance sheet

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Cash & equivalents$323.5M+1.9%
Total debt$780.4M+22.6%
Total equity$627.9M-28.0%
Total assets$1.9B-1.9%

Cash flow

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Operating cash flow-$33.3M-218%
CapEx$9.6M-22.6%
Free cash flow-$42.9M-372%

Valuation

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Market cap$3.76B+284%
Enterprise value$4.22B+227%
P/S1.8×+1.4×

Profitability

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Gross margin15.6%-1.1pp
Operating margin-4.4%-7.9pp
Net margin-9.4%-10.7pp
FCF margin2.4%+2.2pp

Returns & leverage

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Return on equity-25.9%-29.2pp
Debt / equity1.2×+0.5×
Current ratio3.1×0.0×

Where this comes from

Calculated from Ultra Clean Holdings’s reported figures.

The source filing: Ultra Clean Holdings’s 10-Q, filed April 29, 2026.

Filed
Apr 29, 2026, 4:06 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-028365
Line itemThree Months Ended / March 27,2026Three Months Ended / March 28,2025
Products400.7390.3
Services48.644.3
Total cost revenues449.3434.6
Gross margin84.484.0
Operating expenses:
Research and development8.57.6
Sales and marketing15.514.9
General and administrative49.048.6

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Ultra Clean Holdings's gross profit?
Ultra Clean Holdings (UCTT) reported gross profit of $84.4M in Q1 2026.
How has Ultra Clean Holdings's gross profit changed year-over-year?
Ultra Clean Holdings's gross profit increased by 0.5% year-over-year, from $84M to $84.4M.
What is the long-term trend for Ultra Clean Holdings's gross profit?
Over 4 years (2021 to 2025), Ultra Clean Holdings's gross profit has grown at a -6.9% compound annual growth rate (CAGR), from $430M to $323M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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