Zacks Investment Research·1 day ago
Is Ultra Clean Stock Still a Buy After 320% Surge in the YTD Period?UCTT's growth story remains intact as rising fab investments, strong customer demand and strategic execution fuel momentum.
Ultra Clean Holdings, Inc.(UCTT)Earnings, Financials & Key Ratios
UCTT•NASDAQ
$105.53
Price updated Jul 6, 2026
AboutUltra Clean Holdings, Inc. develops and supplies critical subsystems, components and parts, and ultra-high purity cleaning and analytical services for the semiconductor industry in the United States and internationally. The company provides ultra-clean valves, high purity connectors, industrial process connectors and valves, pneumatic actuators, manifolds and safety solutions, hoses, pressure gauges, and gas line and component heaters; chemical delivery modules that deliver gases and reactive chemicals in a liquid or gaseous form from a centralized subsystem to the reaction chamber; and gas delivery systems, such as weldments, filters, mass flow controllers, regulators, pressure transducers and valves, component heaters, and an integrated electronic and/or pneumatic control system. It also offers various industrial and automation production equipment; fluid delivery systems consist of one or more chemical delivery units, including PFA tubing, filters, flow controllers, regulators, component heaters, and an integrated electronic and/or pneumatic control system; precision robotic systems; top-plate assemblies; frame assemblies; process modules, a subsystem of semiconductor manufacturing tools that process integrated circuits onto wafers; and other high-level assemblies. In addition, the company provides tool chamber parts cleaning and coating services; micro-contamination analysis services for tool parts, wafers and depositions, chemicals, cleanroom materials, deionized water, and airborne molecular contamination; and analytical verification services for process tool chamber part cleaning. It primarily serves original equipment manufacturing customers in the semiconductor capital equipment and semiconductor integrated device manufacturing industries, as well as display, consumer, medical, energy, industrial, and research equipment industries. The company was founded in 1991 and is headquartered in Hayward, California.Show more
- Revenue$2.05B-2.1%
- EBITDA$120M-28.5%
- Net Income-$181M-864.6%
- EPS (Diluted)-4.00-869.2%
- Gross Margin15.72%-7.5%
- EBITDA Margin5.83%-26.9%
- Operating Margin2.13%-51.1%
- Net Margin-8.82%-880.8%
- ROE-21.07%-914.8%
UCTT Price & Volume
Ultra Clean Holdings, Inc. (UCTT) stock price & volume — 10-year historical chart
Loading chart...
Structural Margin Compression Masks Persistent Earnings Volatility
Investment Thesis • Updated 2026Q1
VerdictNegative
Growth:Mixed
Profitability:Negative
Financial:Strained
Cash Flow:Burning
Primary Risk:Cyclical OEM demand concentration
Key Thesis Takeaways
- Ultra Clean Holdings faces significant headwinds as its reliance on cyclical semiconductor OEM demand leads to volatile revenue growth, which slowed to 2.9% in 2026Q1.
- The company's thin gross margin profile of 15.8% and persistent net losses, including a $17.9 million loss in 2026Q1, suggest limited pricing power and structural operational inefficiencies.
- Investors should remain cautious given the rising debt-to-equity ratio of 1.11 and the aggressive $40.0 million share repurchase program executed despite ongoing cash burn.
Verdict Logic
the company's persistent net loss of $17.9 million in 2026Q1 and high EV/EBITDA multiple of 49.32 suggest that the current valuation does not adequately reflect the underlying operational risks.
UCTT Growth Metrics
Ultra Clean Holdings, Inc. (UCTT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years15.91%
5 Years7.99%
3 Years-4.72%
TTM-3.24%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-790.75%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-793.17%
Return on Capital
10 Years9.82%
5 Years6.75%
3 Years3.65%
Last Year2.9%
UCTT Recent Earnings
Ultra Clean Holdings, Inc. (UCTT) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 28, 2026Metric
Actual
Est
EPS
$0.31+14.8%
$0.27
Rev
$534M+1.6%
$525M
Q1 2026
Feb 23, 2026Metric
Actual
Est
EPS
$0.22-4.3%
$0.23
Rev
$507M+0.6%
$503M
Q4 2025
Oct 28, 2025Metric
Actual
Est
EPS
$0.28+16.7%
$0.24
Rev
$510M+1.3%
$503M
Q3 2025
Jul 28, 2025Metric
Actual
Est
EPS
$0.27+0.0%
$0.27
Rev
$519M+3.8%
$500M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 28, 2026 | $0.31vs $0.27+14.8% | $534Mvs $525M+1.6% |
| Q1 2026 | Feb 23, 2026 | $0.22vs $0.23-4.3% | $507Mvs $503M+0.6% |
| Q4 2025 | Oct 28, 2025 | $0.28vs $0.24+16.7% | $510Mvs $503M+1.3% |
| Q3 2025 | Jul 28, 2025 | $0.27vs $0.27+0.0% | $519Mvs $500M+3.8% |
Based on last 12 quarters of dataView full earnings history →
Latest UCTT News
Recent stock market news and headlines for Ultra Clean Holdings, Inc. (UCTT)
Zacks Investment Research·Jun 26, 2026
Zacks Industry Outlook Kulicke and Soffa , Ultra Clean and VeecoKulicke and Soffa , Ultra Clean and Veeco have been highlighted in this Industry Outlook article.
Zacks Investment Research·Jun 25, 2026
3 Stocks to Buy From the Prospering Electronics Manufacturing IndustryThe Zacks Electronics - Manufacturing Machinery industry participants, such as KLIC, UCTT and VECO, are benefiting from strong demand for high-performance computing, advanced packaging and AI-driven demand amid challenging macroeconomic conditions.
Zacks Investment Research·Jun 22, 2026
What Makes Ultra Clean Holdings (UCTT) a Strong Momentum Stock: Buy Now?Does Ultra Clean Holdings (UCTT) have what it takes to be a top stock pick for momentum investors? Let's find out.
The Motley Fool·Jun 18, 2026
Why Direxion Daily Semiconductor Bull 3X ETF Jumped 20% TodayThe Direxion Daily Semiconductor Bull 3X ETF gained roughly 20% by midday on June 18, 2026. President Trump announced an Intel-Apple semiconductor partnership via social media, though neither company confirmed it immediately.
Peers Comparison
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 |
|---|---|---|---|---|---|---|---|
| $105.53 | $4.8B | -26.38 | -2.08% | -8.82% | -21.07% | — | |
| $95.67 | $3.32B | -62.12 | 11.61% | -5.28% | -7.5% | — | |
| $368.06 | $24.78B | 84.22 | 9.62% | 8.03% | 12.24% | — | |
| $25.67 | $1.18B | -21.04 | 3.55% | -29.86% | -10.69% | — | |
| $145.17 | $22.1B | 93.66 | -1.38% | 8.18% | 6.74% | — | |
| $141.84 | $6.53B | 136.38 | 15.57% | 28.36% | 23.49% | — |
Compare UCTT vs Peers
Ultra Clean Holdings, Inc. (UCTT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
UCTT SEC Filings & Documents
Ultra Clean Holdings, Inc. (UCTT) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 28, 2026·SEC
Material company update
Apr 28, 2026·SEC
Material company update
Apr 24, 2026·SEC
10-K Annual Reports
310-Q Quarterly Reports
6Get notified when UCTT posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
UCTT Frequently Asked Questions
Ultra Clean Holdings, Inc. (UCTT) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Ultra Clean Holdings, Inc.'s revenue?
Ultra Clean Holdings, Inc. (UCTT) reported $2.07B in revenue for fiscal year 2025. This represents a 2356% increase from $84.3M in 2002.
How fast is Ultra Clean Holdings, Inc. growing?
Ultra Clean Holdings, Inc. (UCTT) saw revenue decline by 2.1% over the past year.
Is UCTT profitable?
Ultra Clean Holdings, Inc. (UCTT) reported a net loss of $194.1M for fiscal year 2025.
Dividend & Returns
What is UCTT's return on equity?
Ultra Clean Holdings, Inc. (UCTT) has a return on equity (ROE) of -21.1%. Negative ROE indicates the company is unprofitable.
What is Ultra Clean Holdings, Inc.'s free cash flow?
Ultra Clean Holdings, Inc. (UCTT) had negative free cash flow of $44.0M in fiscal year 2025, likely due to heavy capital investments.