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Ultra Clean Holdings UCTT Services — Goodwill

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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:Goodwill.

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
(In millions)ProductsServicesTotal
Balance at December 26, 2025$114.2$114.2
Balance at March 27, 2026$114.2$114.2

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Ultra Clean Holdings's services — goodwill?
Ultra Clean Holdings (UCTT) reported services — goodwill of $0 in Q1 2026.
How has Ultra Clean Holdings's services — goodwill changed year-over-year?
Ultra Clean Holdings's services — goodwill decreased by 100.0% year-over-year, from $73.5M to $0.
What is the long-term trend for Ultra Clean Holdings's services — goodwill?
Over 4 years (2021 to 2025), Ultra Clean Holdings's services — goodwill has grown at a -29.3% compound annual growth rate (CAGR), from $294M to $73.5M.
What does services — goodwill mean?
Represents the intangible asset value recorded when the Services segment was acquired for a price exceeding the fair market value of its net identifiable assets. This metric reflects the premium paid for brand reputation, customer relationships, and intellectual property specific to the services business unit.

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