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Ultra Clean Holdings UCTT Services — Total cost revenues

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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:CostOfRevenue.

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 revenues533.7518.6
Cost of revenues:
Products400.7390.3
Services48.644.3
Total cost revenues449.3434.6
Gross margin84.484.0
Operating expenses:
Research and development8.57.6

Item 1. Unaudited Condensed Consolidated Financial Statements

FAQ

What is Ultra Clean Holdings's services — total cost revenues?
Ultra Clean Holdings (UCTT) reported services — total cost revenues of $48.6M in Q1 2026.
How has Ultra Clean Holdings's services — total cost revenues changed year-over-year?
Ultra Clean Holdings's services — total cost revenues increased by 9.7% year-over-year, from $44.3M to $48.6M.
What is the long-term trend for Ultra Clean Holdings's services — total cost revenues?
Over 3 years (2022 to 2025), Ultra Clean Holdings's services — total cost revenues has grown at a -2.2% compound annual growth rate (CAGR), from $197M to $184M.
What does services — total cost revenues mean?
This metric captures the total direct costs incurred to generate revenue within the services segment, including labor, materials, and direct overhead associated with service delivery. It is a critical component for calculating segment-level gross margins and evaluating the cost-efficiency of the service operations. Monitoring these costs helps identify trends in service delivery expenses relative to the revenue generated by the segment.

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