Filing Flows › Ultra Clean Holdings (UCTT) › Q4 2025
Ultra Clean Holdings (UCTT) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 23, 2026
Ultra Clean Holdings (UCTT) reported revenue of $507M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -0.6% from the quarter before. Operating margin was 2.2%, net loss $600K (0.1% of revenue).
Ultra Clean Holdings, Q4 2025: revenue $507M (-10% year over year), operating margin 2.2%, net loss $600K, operating cash flow $8.1M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $507M | -0.6% | -10% |
| Operating profit | $10.9M | +3% | — |
| Net earnings | −$600K | — | — |
| Operating cash flow | $8.1M | 81× | -53% |
What changed
Revenue was $506.7M in Q4 2025, down 10% year over year and down 1% from the previous quarter. Products was the largest line at 87% of revenue.
Gross margin was 15.3%, down 1.0 points from a year earlier. Operating profit was $10.9M, a 2.2% margin (down 2.4 points year over year). Operating expenses grew 1% against a revenue fall of 10%. The fastest-growing cost line was Research & development (+24%). The quarter ended with a net loss of $600K, narrower than the previous quarter's $8.1M loss. Net interest and other expense of $8.9M was the main reason.
Operating cash flow was $8.1M (down 53% year over year). Non-cash charges added back $12.4M of depreciation and amortization and $4.8M of share-based compensation. Working capital and other items used $8.5M. Capital expenditures of $10.1M exceeded it, leaving free cash flow of −$2.0M.
Questions
What was Ultra Clean Holdings' revenue in the fourth quarter 2025?
Ultra Clean Holdings (UCTT) reported revenue of $507M for the fourth quarter 2025 (Q4 2025), -10% from a year earlier and -0.6% from the quarter before.
Was Ultra Clean Holdings profitable in the fourth quarter 2025?
Operating profit was $10.9M (2.2% of revenue) and net loss $600K.