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Segments

By segment

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Semiconductor Products And Solutions$6.1M+17.3%
Services$2.4M0.0%

Other financials

Income statement

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Revenue$533.7M+2.9%
Gross profit$84.4M+0.5%
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

Reported directly by Ultra Clean Holdings in its filing.

Tagged under the XBRL concept us-gaap:ResearchAndDevelopmentExpense.

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
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
Total operating expenses73.071.1
Income from operations11.412.9

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Ultra Clean Holdings's R&D?
Ultra Clean Holdings (UCTT) reported R&D of $8.5M in Q1 2026.
How has Ultra Clean Holdings's R&D changed year-over-year?
Ultra Clean Holdings's R&D increased by 11.8% year-over-year, from $7.6M to $8.5M.
What is the long-term trend for Ultra Clean Holdings's R&D?
Over 4 years (2021 to 2025), Ultra Clean Holdings's R&D has grown at a 6.9% compound annual growth rate (CAGR), from $24.5M to $32M.
What does R&D mean?
Costs of research activities to discover new knowledge and development activities to translate research into new or improved products, services, processes, or technologies.

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