Filing Flows › Ichor Holdings (ICHR) › Q3 2026
Ichor Holdings (ICHR) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 3, 2026
Ichor Holdings (ICHR) reported revenue of $329M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +12% from the quarter before. Operating margin was 6.9%, net earnings $20.9M (6.4% of revenue).
Ichor Holdings, Q3 2026: revenue $329M (+37% year over year), operating margin 6.9%, net earnings $20.9M, operating cash flow −$28.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $329M | +12% | +37% |
| Gross profit | $52.0M | +27% | +370% |
| Operating profit | $22.8M | +217% | — |
| Net earnings | $20.9M | 21× | — |
| Operating cash flow | −$28.8M | — | -412% |
What changed
Revenue was $328.7M in Q3 2026, up 37% year over year and up 12% from the previous quarter.
Gross margin was 15.8%, up 11.2 points from Q3 2025. Operating profit was $22.8M, a 6.9% margin (up 15.1 points year over year). Operating expenses fell 4% while revenue rose 37%. Net earnings were $20.9M. The effective tax rate was 5.9%.
Operating cash flow was −$28.8M. Non-cash charges added back $7.5M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items used $60.1M. Capital expenditures of $10.7M exceeded it, leaving free cash flow of −$39.5M.
Questions
What was Ichor Holdings' revenue in the third quarter 2026?
Ichor Holdings (ICHR) reported revenue of $329M for the third quarter 2026 (Q3 2026), +37% from a year earlier and +12% from the quarter before.
Was Ichor Holdings profitable in the third quarter 2026?
Operating profit was $22.8M (6.9% of revenue) and net earnings $20.9M.
Source: Ichor Holdings 10-Q on SEC EDGAR.