Ultra Clean Holdings, Inc. filed its Form 10-Q for the quarterly period ended September 25, 2026, with NASDAQ:UCTT, reporting third-quarter total revenues of $759.0 million and net income attributable to UCT of $39.1 million.

Key Highlights

  • Total revenues of $759.0 million for the three months ended September 25, 2026, compared to $510.0 million for the same period in 2025, according to the filing.
  • Net income attributable to UCT of $39.1 million for the third quarter, versus a net loss attributable to UCT of $10.9 million in the prior-year quarter.
  • Diluted earnings per share of $0.85 for the quarter ended September 25, 2026, compared to a diluted loss per share of $0.24 in the year-ago period.
  • Nine-month total revenues of $1,937.6 million, up from $1,547.3 million for the nine months ended September 26, 2025.
  • Nine-month net loss attributable to UCT of $29.9 million profit versus a loss of $177.9 million in the prior-year period, which included a $151.1 million goodwill impairment charge.
  • Total assets of $2,104.4 million as of September 25, 2026, up from $1,729.0 million at December 26, 2025.
  • Shares outstanding of 47,960,159 as of October 21, 2026, per the filing's cover page.

Ultra Clean Holdings Reports Third-Quarter and Nine-Month 2026 Financial Results

According to the filing, Ultra Clean Holdings reported third-quarter total revenues of $759.0 million, consisting of $681.9 million in products revenue and $77.1 million in services revenue. This compares to $445.0 million in products revenue and $65.0 million in services revenue for the three months ended September 26, 2025. Gross profit for the quarter was $128.4 million, up from $82.2 million in the prior-year quarter. Income from operations was $53.7 million for the three months ended September 25, 2026, versus $10.6 million in the comparable prior-year period.

For the nine months ended September 25, 2026, the company disclosed total revenues of $1,937.6 million and gross profit of $316.5 million. The nine-month period produced net income of $37.8 million, compared to a net loss of $171.0 million for the nine months ended September 26, 2025. The prior-year nine-month period included a $151.1 million impairment of goodwill charge, which the filing identifies in total operating expenses. The nine-month provision for income taxes was $47.5 million, compared to $23.3 million in the year-ago period.

On the balance sheet as of September 25, 2026, the filing reported cash and cash equivalents of $270.9 million, inventories of $723.3 million, and long-term debt of $635.1 million. Total UCT stockholders' equity stood at $727.5 million. The company also disclosed net cash used in operating activities of $116.7 million for the nine months ended September 25, 2026, driven in part by a $332.4 million increase in inventories. Net proceeds of $34.0 million were received from the issuance of common stock under an at-the-market offering, net of commissions and fees, according to the cash flow statement.

What Was Disclosed

Ultra Clean Holdings filed its quarterly report covering the period ended September 25, 2026, disclosing revenues, earnings, balance sheet position, and cash flows for both the third quarter and the nine-month year-to-date period, along with share count and equity structure details.