Ultra Clean Holdings is experiencing a robust demand recovery, with revenue surging 24.3% year-over-year to $644.9M in 2026Q2, the strongest growth in the series.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue accelerated 24.3% year-over-year to $644.9M in 2026Q2, yet gross margin remained range-bound at 16.1%, reflecting persistent structural constraints despite a 159% sequential jump in operating income to $29.5M.
Ultra Clean Holdings provides critical components for AI chip manufacturing, positioning it as a key beneficiary of growing AI infrastructure demand.
The company issued upbeat Q1 2026 guidance and a favorable multi-year revenue growth forecast, driven by semiconductor spending trends.
Positive analyst commentary and endorsements have heightened investor interest in Ultra Clean's growth potential and market positioning.
Trailing total returns as of 11/7/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 27, 2026 | $1.15+22.6% vs $0.94 | $759M+4.3% vs $728M |
Q3 2026 Aug 3, 2026 | $0.70+31.8% vs $0.53 | $645M+9.7% vs $588M |
Q2 2026 Apr 28, 2026 | $0.31+14.8% vs $0.27 | $534M+1.6% vs $525M |
Q1 2026 Feb 23, 2026 | $0.22-4.3% vs $0.23 | $507M+0.6% vs $503M |
Ultra Clean (UCTT) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
UCTT shares plunged 31.6% in four weeks despite surging earnings and rising estimates, as strong semiconductor demand faces cash flow and dilution risks.
UCTT's surging earnings, rising semiconductor demand and improving margins support growth, but weak cash conversion and customer concentration pose risks.
Ultra Clean's strong Q3 earnings beat and upbeat Q4 outlook signal AI-driven semiconductor growth, but expansion costs and cash flow challenges remain key risks.
Benchmark UCTT against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Ultra Clean Holdings, Inc. (UCTT)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $41.13 | $1.84B | -10.28 | -2.08% | -8.82% | -21.07% | 0.01% | |
| $30.97 | $1.08B | -20.11 | 11.61% | 0.32% | 0.46% | — | |
| $192.27 | $12.99B | 44.00 | 9.62% | 10.12% | 15.83% | 0.45% | |
| $39.16 | $1.8B | -32.10 | 3.55% | -20.02% | -7.56% | — | |
| $127.98 | $19.52B | 82.57 | -1.38% | 11.14% | 9.53% | 0.31% | |
| $97.05 | $4.53B | 93.32 | 15.57% | 7.4% | 5.82% | — |
Ultra Clean Holdings, Inc. (UCTT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Ultra Clean Holdings, Inc. (UCTT) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 27, 2026·SEC
Sep 30, 2026·SEC
Aug 6, 2026·SEC
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Ultra Clean Holdings, Inc. (UCTT) stock FAQ — growth, dividends, profitability & financials explained
Ultra Clean Holdings, Inc. (UCTT) reported $2.44B in revenue over the trailing twelve months. Revenue was $2.05B in fiscal year 2025. That is 2338% more than the $84.3M of fiscal year 2002.
Ultra Clean Holdings, Inc. (UCTT) revenue fell by 2.1% in fiscal year 2025, compared with the prior fiscal year.
Yes. Ultra Clean Holdings, Inc. (UCTT) earned $26.6M in net income over the trailing twelve months (a 1.1% net margin).
Ultra Clean Holdings, Inc. (UCTT) does not currently pay a meaningful dividend.
Ultra Clean Holdings, Inc. (UCTT) had a return on equity (ROE) of -21.1% in fiscal year 2025. A negative ROE means the company lost money over the period.
Ultra Clean Holdings, Inc. (UCTT) had negative free cash flow of $164.0M over the trailing twelve months.
