Quarterly ResultAug 3, 2026, 04:19 PM
Ultra Clean Q2 Revenue $644.9M, GAAP EPS $0.19, Non-GAAP EPS $0.70
AI Summary
Ultra Clean Holdings, Inc. reported strong financial results for its second fiscal quarter ended June 26, 2026, with total revenue of $644.9 million, exceeding the top end of its guided range. The company achieved GAAP diluted earnings per share of $0.19 and non-GAAP diluted earnings per share of $0.70, showing significant improvement over the prior quarter. CEO James Xiao highlighted strong operational execution, increasing customer demand, and the compelling long-term outlook for semiconductor manufacturing driven by AI, as the company continues to execute its UCT 3.0 strategy.
Key Highlights
- Total revenue for Q2 2026 was $644.9 million, up from $533.7 million in Q1 2026.
- GAAP diluted EPS was $0.19, a significant improvement from $(0.40) in the prior quarter.
- Non-GAAP diluted EPS reached $0.70, compared to $0.31 in the previous quarter.
- GAAP gross margin improved to 16.1% from 15.8% in Q1 2026.
- Non-GAAP operating margin increased to 7.0% from 5.1% in Q1 2026.
- Company expects Q3 2026 revenue between $700 million and $750 million.
- Q3 2026 non-GAAP diluted EPS is projected to be between $0.83 and $1.03.
Price Impact
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