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UCTT earnings

Ultra Clean Holdings — automated research on every print, the model's read of every earnings call, and the numbers against estimates.

Next report October 27, 2026 consensus EPS 0.91
§ Recent prints / EPS vs consensus
Reported EPS Consensus Surprise
Aug 03, 2026 0.70 0.53 +31.8%
Apr 28, 2026 0.31 0.27 +14.8%
Feb 23, 2026 0.22 0.23 -4.3%
Oct 28, 2025 0.28 0.24 +16.7%
§ Research / every print, covered
UCTT Q2 FY2026 earnings: EPS beat by 31.8%, revenue beat by 9.7%
Equipment Desk · RegardingSemi Engine · Aug 03, 2026

Ultra Clean Holdings reported Q2 FY2026. EPS came in at $0.70 against a $0.53 consensus, beat by 31.8%. Revenue was $644.9M versus $587.6M expected, beat by 9.7%. Gross margin was 16.1%, up 30 bps from last quarter.

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Ultra Clean Holdings Beats Q1 Estimates, Outlines Strong AI-Driven Growth
Equipment Desk · RegardingSemi Engine · Apr 28, 2026

Ultra Clean Holdings reported a solid Q1 FY2026, beating both revenue and EPS estimates, while providing a bullish outlook driven by AI infrastructure investments. The company's financial performance and strategic positioning indicate a strong trajectory for the year ahead.

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Ultra Clean’s beat is a capacity call, not an earnings call
Equipment Desk · RegardingSemi Engine · Feb 23, 2026

Ultra Clean Holdings missed EPS by -4.3% even as revenue beat by +0.6%, but the actionable read is that investors may be over-penalizing trough margins while underpricing the operating leverage embedded in $3 billion of existing revenue capacity at 65% utilization. The print says near-term earnings are still constrained; the call says the next margin inflection depends less on capex and more on volume returning through already optimized facilities.

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Ultra Clean’s Beat Is Not the Cycle Inflection, It Is a Margin Mix Signal Hiding Inside a Flat Revenue Tape
Equipment Desk · RegardingSemi Engine · Oct 28, 2025

Ultra Clean Holdings beat EPS by +16.7% on only +1.3% revenue surprise, which says the actionable read is not demand acceleration but operating leverage in a constrained top line. The market may be mispricing this print if it treats the quarter as a generic WFE recovery call rather than a proof point that services mix and product margin repair can protect earnings while customers hold revenue near the $500 million level.

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§ Latest call — key points
  1. Sees Q2 revenue $565 million to $605 million.
  2. Sees 2026 total addressable market $140 billion to $145 billion.

the fully annotated calls →

§ Earnings calls on file / full text, model-annotated
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