Filing Flows › Ultra Clean Holdings (UCTT) › Q3 2026
Ultra Clean Holdings (UCTT) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 28, 2026
Ultra Clean Holdings (UCTT) reported revenue of $759M for the third quarter 2026 (Q3 2026), +49% from a year earlier and +18% from the quarter before. Operating margin was 7.1%, net earnings $39.1M (5.2% of revenue).
Ultra Clean Holdings, Q3 2026: revenue $759M (+49% year over year), operating margin 7.1%, net earnings $39.1M, operating cash flow −$42.3M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $759M | +18% | +49% |
| Gross profit | $128M | +24% | +56% |
| Operating profit | $53.7M | +82% | +407% |
| Net earnings | $39.1M | +349% | — |
| Operating cash flow | −$42.3M | — | -42400% |
What changed
Revenue was $759.0M in Q3 2026, up 49% year over year and up 18% from the previous quarter. Products was the largest line at 90% of revenue. Products added $236.9M year over year (up 53%), 95% of the total change.
Gross margin was 16.9%, up 0.8 points from Q3 2025. Operating profit was $53.7M, a 7.1% margin (up 5.0 points year over year). Of the extra revenue versus Q3 2025, 17% reached operating profit, above the 2% margin then. Operating expenses grew 4% against revenue growth of 49%. The fastest-growing cost line was Research & development (+13%). Net earnings were $39.1M. The effective tax rate was 20.2%.
Operating cash flow was −$42.3M. Non-cash charges added back $12.7M of depreciation and amortization and $7.6M of share-based compensation. Working capital and other items used $103.4M. Capital expenditures of $19.5M exceeded it, leaving free cash flow of −$61.8M.
Questions
What was Ultra Clean Holdings' revenue in the third quarter 2026?
Ultra Clean Holdings (UCTT) reported revenue of $759M for the third quarter 2026 (Q3 2026), +49% from a year earlier and +18% from the quarter before.
Was Ultra Clean Holdings profitable in the third quarter 2026?
Operating profit was $53.7M (7.1% of revenue) and net earnings $39.1M.