Quarterly ResultApr 27, 2026, 06:08 AM
UCTT FY25 Revenue $2.05B, GAAP EPS ($4.00); Goodwill Impairment
AI Summary
Ultra Clean Holdings, Inc. reported fiscal year 2025 results with revenue of $2.05 billion, a 2.1% decrease from $2.10 billion in 2024. The company posted a GAAP EPS of ($4.00) and a non-GAAP EPS of $1.05, down from $0.52 and $1.44 respectively in 2024, including a $151.1 million goodwill impairment charge. The definitive proxy statement outlines proposals for the 2026 Annual Meeting, including the election of directors, ratification of auditors, an advisory vote on executive compensation, and the approval of amendments to increase shares available under the stock incentive plan and employee stock purchase plan. Additionally, Thomas T. Edman was appointed as the new independent Chairperson of the Board.
Key Highlights
- UCTT FY25 Revenue $2.05B, down 2.1% from $2.10B in FY24.
- UCTT FY25 GAAP EPS ($4.00) vs $0.52 in FY24; Non-GAAP EPS $1.05 vs $1.44.
- FY25 GAAP Operating Margin (5.2)% vs 4.3% in FY24; Non-GAAP 5.3% vs 6.9%.
- Recorded $151.1M pre-tax, non-cash goodwill impairment charge in FY25.
- Proposed increase of 3.5M shares for stock incentive plan approval.
- Proposed increase of 450K shares for employee stock purchase plan approval.
- Thomas T. Edman appointed new independent Board Chairperson, effective April 22, 2026.