Ultra Clean Holdings, Inc. (UCTT) Income Statement
UCTT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsUCTT revenue and net income
Where UCTT's revenue goes
2025Each bar shows an amount and its share of revenue. UCTT kept −8.8% of revenue as net income.
UCTT profit margins
UCTT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −2.1% | −4.7% | +8.0% | +15.9% |
| Gross profit | −9.4% | −11.4% | +2.0% | +16.3% |
| Operating income | −52.1% | −28.7% | −18.5% | +22.3% |
| Net income | −864.6% | — | — | — |
| EPS (diluted) | −27.6% | −35.9% | −17.9% | +12.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
UCTT quarterly EPS vs estimates
Ultra Clean beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: October 27, 2026 (estimate $0.81).
UCTT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $2.10B | $1.73B | $2.37B | $2.10B | $1.40B | $1.07B | $1.10B | $924.4M | $562.8M |
| Cost of revenue | $1.73B | $1.74B | $1.46B | $1.91B | $1.67B | $1.11B | $869.4M | $920.7M | $756.7M | $476.0M |
| Gross profit | $322.9M | $356.3M | $277.3M | $465.0M | $430.0M | $291.8M | $196.8M | $175.8M | $167.6M | $86.8M |
| Research & development | $32.0M | $28.3M | $28.3M | $28.5M | $24.5M | $14.8M | $14.6M | $13.3M | $11.7M | $9.9M |
| Sales, general & admin | $247.2M | $236.8M | $209.1M | $238.7M | $219.8M | $155.6M | $152.3M | $101.8M | $66.6M | $54.5M |
| Total operating expenses | $279.2M | $265.1M | $242.1M | $344.6M | $244.3M | $170.4M | $166.9M | $115.1M | $78.2M | $64.4M |
| Operating income | $43.7M | $91.2M | $35.2M | $120.4M | $185.7M | $121.4M | $29.9M | $60.7M | $89.4M | $22.4M |
| Interest income | $3.9M | $4.8M | $3.0M | $900,000 | $427,000 | $875,000 | $400,000 | — | — | — |
| Interest expense | $38.3M | $46.5M | $48.8M | $33.9M | $24.2M | $16.9M | $25.6M | $10.0M | $2.5M | $3.4M |
| Income before taxes | −$145.7M | $67.2M | −$11.3M | $88.3M | $154.3M | $99.7M | $2.3M | $52.3M | $86.9M | $18.9M |
| Income taxes | $25.9M | $32.7M | $10.9M | $37.9M | $27.9M | $19.3M | $10.0M | $15.3M | $11.9M | $8.9M |
| Net income | −$181.2M | $23.7M | −$31.1M | $40.4M | $119.5M | $77.6M | −$9.4M | $36.6M | $75.1M | $10.1M |
| EBITDA | −$31.4M | $189.8M | $99.2M | $190.6M | $246.0M | $166.2M | $69.5M | $81.8M | $100.1M | $34.1M |
| EPS (diluted) | $1.05 | $1.45 | $0.56 | $3.98 | $4.20 | $2.81 | $0.96 | $1.77 | $2.30 | $0.58 |
| Gross margin | 15.7% | 17.0% | 16.0% | 19.6% | 20.5% | 20.9% | 18.5% | 16.0% | 18.1% | 15.4% |
| Operating margin | 2.1% | 4.3% | 2.0% | 5.1% | 8.8% | 8.7% | 2.8% | 5.5% | 9.7% | 4.0% |
| Net margin | −8.8% | 1.1% | −1.8% | 1.7% | 5.7% | 5.5% | −0.9% | 3.3% | 8.1% | 1.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $644.9M | $533.7M | $506.7M | $510.0M | $518.8M | $518.6M | $563.3M | $540.4M | $516.1M | $477.7M | $444.7M | $435.0M |
| Cost of revenue | $541.2M | $449.3M | $429.4M | $427.8M | $439.3M | $434.6M | $471.5M | $447.0M | $427.6M | $395.1M | $373.7M | $369.8M |
| Gross profit | $103.7M | $84.4M | $77.3M | $82.2M | $79.5M | $84.0M | $91.8M | $93.4M | $88.5M | $82.6M | $71.0M | $65.2M |
| Research & development | $8.8M | $8.5M | $8.8M | $7.8M | $7.8M | $7.6M | $7.1M | $7.1M | $7.1M | $7.0M | $6.6M | $7.4M |
| Sales, general & admin | $65.4M | $64.5M | $57.5M | $63.8M | $62.4M | $63.5M | $58.8M | $61.1M | $58.5M | $58.3M | $59.9M | $52.1M |
| Total operating expenses | $74.2M | $73.0M | $66.4M | $71.6M | $221.3M | $71.1M | $65.9M | $68.2M | $65.6M | $65.3M | $66.5M | $59.5M |
| Operating income | $29.5M | $11.4M | $10.9M | $10.6M | −$141.8M | $12.9M | $25.9M | $25.2M | $22.9M | $17.3M | $4.5M | $5.7M |
| Interest income | $1.0M | $1.4M | $900,000 | $1.1M | $800,000 | $1.1M | $900,000 | $1.1M | $1.4M | $1.4M | $1.6M | $1.2M |
| Interest expense | $1.1M | $7.3M | $8.4M | $9.9M | $10.1M | $9.9M | $10.7M | $12.0M | $11.7M | $12.2M | $12.9M | $12.3M |
| Income before taxes | $30.0M | $4.2M | $2.0M | $600,000 | −$153.3M | $4.9M | $24.5M | $10.2M | $30.0M | $2.7M | −$7.8M | −$7.5M |
| Income taxes | $18.1M | $19.2M | $2.6M | $8.7M | $7.2M | $7.4M | $4.5M | $9.9M | $8.5M | $9.9M | −$6.2M | $5.3M |
| Net income | $8.7M | −$17.9M | −$3.3M | −$10.9M | −$162.0M | −$5.0M | $16.3M | −$2.3M | $19.1M | −$9.4M | −$3.8M | −$14.5M |
| EBITDA | $50.4M | $30.7M | $29.7M | $29.5M | −$124.5M | $33.8M | $54.3M | $41.2M | $42.0M | $34.1M | $22.0M | $20.0M |
| EPS (diluted) | $0.56 | $0.31 | $0.22 | $0.28 | $0.27 | $0.28 | $0.51 | $0.35 | $0.32 | $0.27 | $0.19 | $0.04 |
| Gross margin | 16.1% | 15.8% | 15.3% | 16.1% | 15.3% | 16.2% | 16.3% | 17.3% | 17.1% | 17.3% | 16.0% | 15.0% |
| Operating margin | 4.6% | 2.1% | 2.2% | 2.1% | −27.3% | 2.5% | 4.6% | 4.7% | 4.4% | 3.6% | 1.0% | 1.3% |
| Net margin | 1.3% | −3.4% | −0.7% | −2.1% | −31.2% | −1.0% | 2.9% | −0.4% | 3.7% | −2.0% | −0.9% | −3.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in UCTT's financial statements (latest annual report filed February 23, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
UCTT financial results
In fiscal year 2025 (ended December 31, 2025), Ultra Clean reported revenue of $2.1 billion, down 2.1% from the year before. It had a net loss of $181.2 million, a net profit margin of −8.8%. Diluted earnings per share came to $1.05. Over five years revenue grew at an average rate of 8.0% a year.
See the UCTT stock overview for the latest quote and news, or the UCTT chart for price history and technical indicators.
UCTT income statement FAQ
What is Ultra Clean's annual revenue?
Ultra Clean reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was down 2.1% from $2.1 billion the previous year.
Is Ultra Clean profitable?
No. Ultra Clean reported a net loss of $181.2 million in fiscal 2025, a net profit margin of −8.8%; its operating margin was 2.1%.
What is Ultra Clean's gross margin?
Ultra Clean's gross margin was 15.7% in fiscal 2025: for every $100 of revenue, Ultra Clean kept $16 after the direct cost of its products and services.
How much does Ultra Clean spend on research and development?
Ultra Clean spent $32.0 million on research and development in fiscal 2025, 1.6% of revenue.
How fast is Ultra Clean growing?
Revenue grew 8.0% a year on average over the last five fiscal years, from $1.4 billion to $2.1 billion.
What are Ultra Clean's earnings per share?
Ultra Clean earned $1.05 per diluted share in fiscal 2025, compared with $1.45 a year earlier.
When will Ultra Clean report its next earnings?
Ultra Clean is expected to report results for the quarter ending September 30, 2026 on October 27, 2026 after the market closes.
When does Ultra Clean's fiscal year end?
Ultra Clean's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 23, 2026.