Filing Flows › Ichor Holdings (ICHR) › Q2 2026 › vs Q2 2025
Ichor Holdings (ICHR) Q2 2026 vs Q2 2025 (year over year)
Ichor Holdings's revenue rose $54.5M (+23%) from $240M in Q2 2025 to $295M in Q2 2026. Gross margin 13.9% against 11.3% (+2.6 pts).
Ichor Holdings, Q2 2026: revenue $295M (+23% year over year), operating margin 2.4%, net earnings $998K, operating cash flow −$15.9M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Gross margin | 13.9% | 11.3% | +2.6 pts |
| Operating margin | 2.4% | -2.0% | +4.5 pts |
| Net margin | 0.3% | -3.9% | +4.3 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $295M | $240M | $54.5M | +23% |
| Gross profit | $41.0M | $27.2M | $13.8M | +51% |
| Cost of revenue | $254M | $213M | $40.7M | +19% |
| Operating profit | $7.2M | −$4.8M | $12.0M | — |
| Operating expenses | $33.8M | $32.0M | $1.7M | +5% |
| Pre-tax earnings | $5.4M | −$6.7M | $12.1M | — |
| Other expense, net | $1.8M | $1.8M | −$43K | -2% |
| Research & development | $7.8M | $5.7M | $2.1M | +36% |
| SG&A | $24.1M | $24.3M | −$149K | -0.6% |
| Other operating costs | $1.9M | $2.1M | −$167K | -8% |
| Net earnings | $998K | −$9.4M | $10.4M | — |
| Income tax | $4.4M | $2.7M | $1.7M | +61% |
| Operating cash sources | $28.6M | $10.3M | $18.3M | +177% |
| Depreciation & amortization | $7.2M | $8.0M | −$796K | -10% |
| Share-based compensation | $4.5M | $4.2M | $302K | +7% |
| Cash used in operations | $15.9M | $7.5M | $8.4M | +111% |
| Working capital & other | $28.6M | $10.3M | $18.3M | +177% |
Questions
How much did Ichor Holdings's revenue grow year over year in Q2 2026?
Ichor Holdings's revenue rose $54.5M (+23%) from $240M in Q2 2025 to $295M in Q2 2026. Gross margin 13.9% against 11.3% (+2.6 pts).