ICHOR HOLDINGS, LTD.ICHREarnings & Financial Report
Ichor Holdings Ltd. designs, manufactures and supplies critical fluid delivery systems, subsystems and related components for the global semiconductor manufacturing sector. Its products are integrated into front-end wafer processing equipment, supporting production of advanced logic, memory and specialty chips for leading semiconductor device and equipment makers across North America, East Asia and Europe.
Revenue
$223.6M
Gross Profit
$21.0M
Operating Profit
$-13.8M
Net Profit
$-16.0M
Gross Margin
9.4%
Operating Margin
-6.2%
Net Margin
-7.1%
YoY Growth
-4.2%
EPS
$-0.46
ICHOR HOLDINGS, LTD. Q4 FY2025 Financial Summary
ICHOR HOLDINGS, LTD. reported revenue of $223.6M (down 4.2% YoY) for Q4 FY2025, with a net profit of $-16.0M (down 304.8% YoY) (-7.1% margin). Cost of goods sold was $202.6M, operating expenses totaled $34.8M.
Key Financial Metrics
| Total Revenue | $223.6M |
|---|---|
| Net Profit | $-16.0M |
| Gross Margin | 9.4% |
| Operating Margin | -6.2% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
ICHOR HOLDINGS, LTD. Q4 FY2025 revenue of $223.6M breaks down across 4 segments, led by Other at $101.6M (45.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $101.6M | 45.4% |
| US | $67.4M | 30.1% |
| Other Countries | $29.7M | 13.3% |
| Europe | $24.9M | 11.1% |
ICHOR HOLDINGS, LTD. Revenue by Segment — Quarterly Trend
ICHOR HOLDINGS, LTD. revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and US) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Other | — | $101.6M | $125.3M | $133.4M |
| US | — | $67.4M | — | — |
| Other Countries | — | $29.7M | — | — |
| Europe | — | $24.9M | — | — |
ICHOR HOLDINGS, LTD. Annual Revenue by Year
ICHOR HOLDINGS, LTD. annual revenue history includes year-by-year totals (for example, 2025 revenue was $947.7M).
| Year | Annual Revenue |
|---|---|
| 2025 | $947.7M |
| 2024 | $849.0M |
| 2023 | $811.1M |
ICHOR HOLDINGS, LTD. Quarterly Revenue & Net Profit History
ICHOR HOLDINGS, LTD. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $256.1M | +4.7% | $-2.5M | -1.0% |
| Q4 FY2025 | $223.6M | -4.2% | $-16.0M | -7.1% |
| Q3 FY2025 | $239.3M | +13.3% | $-22.9M | -9.6% |
| Q2 FY2025 | $240.3M | +18.2% | $-9.4M | -3.9% |
| Q1 FY2025 | $244.5M | +21.4% | $-4.6M | -1.9% |
| Q4 FY2024 | $233.3M | +14.7% | $-3.9M | -1.7% |
| Q3 FY2024 | $211.1M | +7.3% | $-2.8M | -1.3% |
| Q2 FY2024 | $203.2M | +9.8% | $-5.1M | -2.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $203.2M | $211.1M | $233.3M | $244.5M | $240.3M | $239.3M | $223.6M | $256.1M |
| YoY Growth | 9.8% | 7.3% | 14.7% | 21.4% | 18.2% | 13.3% | -4.2% | 4.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $947.7M | $975.9M | $995.6M | $1.01B | $985.1M | $966.6M | $942.9M | $972.5M |
| Liabilities | $252.8M | $278.6M | $297.2M | $306.3M | $290.9M | $290.4M | $279.0M | $304.5M |
| Equity | $694.9M | $697.3M | $698.3M | $700.4M | $694.1M | $676.2M | $663.9M | $668.0M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $17.5M | $8.1M | $-2.5M | $19.0M | $-7.5M | $9.2M | $9.2M |