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Side-by-side financial comparison of KILROY REALTY CORP (KRC) and Ultra Clean Holdings, Inc. (UCTT). Click either name above to swap in a different company.

Ultra Clean Holdings, Inc. is the larger business by last-quarter revenue ($533.7M vs $272.2M, roughly 2.0× KILROY REALTY CORP). KILROY REALTY CORP runs the higher net margin — 6.3% vs -2.8%, a 9.1% gap on every dollar of revenue. On growth, Ultra Clean Holdings, Inc. posted the faster year-over-year revenue change (2.9% vs -5.0%). Over the past eight quarters, Ultra Clean Holdings, Inc.'s revenue compounded faster (1.7% CAGR vs -1.2%).

Kilroy Realty Corp is a leading U.S. real estate investment trust that develops, owns, and operates premium office, life science, and mixed-use properties primarily across high-growth West Coast markets including Los Angeles, San Francisco, Seattle, and San Diego. It serves tenants across the technology, life sciences, media, and creative sectors, with a core focus on delivering sustainable, future-ready workspaces tailored to modern business needs.

Ultra Clean Holdings, Inc. is a leading global supplier of critical subsystems, ultra-high purity cleaning services, and precision process components for the semiconductor, advanced display, and life sciences sectors. It operates across North America, Asia, and Europe, serving top semiconductor fabs and high-tech equipment manufacturers to support advanced microelectronics production.

KRC vs UCTT — Head-to-Head

Bigger by revenue
UCTT
UCTT
2.0× larger
UCTT
$533.7M
$272.2M
KRC
Growing faster (revenue YoY)
UCTT
UCTT
+7.9% gap
UCTT
2.9%
-5.0%
KRC
Higher net margin
KRC
KRC
9.1% more per $
KRC
6.3%
-2.8%
UCTT
Faster 2-yr revenue CAGR
UCTT
UCTT
Annualised
UCTT
1.7%
-1.2%
KRC

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
KRC
KRC
UCTT
UCTT
Revenue
$272.2M
$533.7M
Net Profit
$17.1M
$-15.0M
Gross Margin
12.2%
Operating Margin
2.1%
Net Margin
6.3%
-2.8%
Revenue YoY
-5.0%
2.9%
Net Profit YoY
-73.7%
-500.0%
EPS (diluted)
$0.11
$-0.40

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
KRC
KRC
UCTT
UCTT
Q1 26
$533.7M
Q4 25
$272.2M
$506.6M
Q3 25
$279.7M
$510.0M
Q2 25
$289.9M
$518.8M
Q1 25
$270.8M
$518.6M
Q4 24
$286.4M
$563.4M
Q3 24
$289.9M
$540.4M
Q2 24
$280.7M
$516.1M
Net Profit
KRC
KRC
UCTT
UCTT
Q1 26
$-15.0M
Q4 25
$17.1M
$-3.3M
Q3 25
$162.3M
$-10.9M
Q2 25
$79.6M
$-162.0M
Q1 25
$43.7M
$-5.0M
Q4 24
$65.0M
$16.3M
Q3 24
$57.7M
$-2.3M
Q2 24
$54.5M
$19.1M
Gross Margin
KRC
KRC
UCTT
UCTT
Q1 26
12.2%
Q4 25
15.2%
Q3 25
16.1%
Q2 25
15.3%
Q1 25
16.2%
Q4 24
16.3%
Q3 24
17.3%
Q2 24
17.1%
Operating Margin
KRC
KRC
UCTT
UCTT
Q1 26
2.1%
Q4 25
2.2%
Q3 25
2.1%
Q2 25
-27.3%
Q1 25
2.5%
Q4 24
4.6%
Q3 24
4.7%
Q2 24
4.4%
Net Margin
KRC
KRC
UCTT
UCTT
Q1 26
-2.8%
Q4 25
6.3%
-0.7%
Q3 25
58.0%
-2.1%
Q2 25
27.4%
-31.2%
Q1 25
16.1%
-1.0%
Q4 24
22.7%
2.9%
Q3 24
19.9%
-0.4%
Q2 24
19.4%
3.7%
EPS (diluted)
KRC
KRC
UCTT
UCTT
Q1 26
$-0.40
Q4 25
$0.11
$-0.07
Q3 25
$1.31
$-0.24
Q2 25
$0.57
$-3.58
Q1 25
$0.33
$-0.11
Q4 24
$0.50
$0.36
Q3 24
$0.44
$-0.05
Q2 24
$0.41
$0.42

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
KRC
KRC
UCTT
UCTT
Cash + ST InvestmentsLiquidity on hand
$179.3M
$323.5M
Total DebtLower is stronger
$601.9M
Stockholders' EquityBook value
$5.4B
$702.1M
Total Assets
$10.9B
$1.9B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
KRC
KRC
UCTT
UCTT
Q1 26
$323.5M
Q4 25
$179.3M
$311.8M
Q3 25
$372.4M
$314.1M
Q2 25
$193.1M
$327.4M
Q1 25
$146.7M
$317.6M
Q4 24
$165.7M
$313.9M
Q3 24
$625.4M
$318.2M
Q2 24
$835.9M
$319.5M
Total Debt
KRC
KRC
UCTT
UCTT
Q1 26
$601.9M
Q4 25
$481.4M
Q3 25
Q2 25
Q1 25
Q4 24
$499.7M
Q3 24
Q2 24
Stockholders' Equity
KRC
KRC
UCTT
UCTT
Q1 26
$702.1M
Q4 25
$5.4B
$711.0M
Q3 25
$5.5B
$709.9M
Q2 25
$5.4B
$719.4M
Q1 25
$5.4B
$872.0M
Q4 24
$5.4B
$873.6M
Q3 24
$5.4B
$857.9M
Q2 24
$5.4B
$852.3M
Total Assets
KRC
KRC
UCTT
UCTT
Q1 26
$1.9B
Q4 25
$10.9B
$1.7B
Q3 25
$11.0B
$1.7B
Q2 25
$10.9B
$1.7B
Q1 25
$10.9B
$1.9B
Q4 24
$10.9B
$1.9B
Q3 24
$11.4B
$1.9B
Q2 24
$11.5B
$1.9B
Debt / Equity
KRC
KRC
UCTT
UCTT
Q1 26
0.86×
Q4 25
0.68×
Q3 25
Q2 25
Q1 25
Q4 24
0.57×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
KRC
KRC
UCTT
UCTT
Operating Cash FlowLast quarter
$566.3M
Free Cash FlowOCF − Capex
$450.3M
FCF MarginFCF / Revenue
165.4%
Capex IntensityCapex / Revenue
42.6%
Cash ConversionOCF / Net Profit
33.10×
TTM Free Cash FlowTrailing 4 quarters
$833.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
KRC
KRC
UCTT
UCTT
Q1 26
Q4 25
$566.3M
$8.1M
Q3 25
$176.6M
$100.0K
Q2 25
$143.7M
$29.2M
Q1 25
$136.9M
$28.2M
Q4 24
$541.1M
$17.1M
Q3 24
$176.3M
$14.9M
Q2 24
$88.7M
$23.2M
Free Cash Flow
KRC
KRC
UCTT
UCTT
Q1 26
Q4 25
$450.3M
$-2.0M
Q3 25
$148.7M
$-10.9M
Q2 25
$118.4M
$12.4M
Q1 25
$115.6M
$15.8M
Q4 24
$440.8M
$-200.0K
Q3 24
$147.2M
$-300.0K
Q2 24
$69.5M
$10.2M
FCF Margin
KRC
KRC
UCTT
UCTT
Q1 26
Q4 25
165.4%
-0.4%
Q3 25
53.1%
-2.1%
Q2 25
40.9%
2.4%
Q1 25
42.7%
3.0%
Q4 24
153.9%
-0.0%
Q3 24
50.8%
-0.1%
Q2 24
24.7%
2.0%
Capex Intensity
KRC
KRC
UCTT
UCTT
Q1 26
Q4 25
42.6%
2.0%
Q3 25
10.0%
2.2%
Q2 25
8.7%
3.2%
Q1 25
7.9%
2.4%
Q4 24
35.0%
3.1%
Q3 24
10.1%
2.8%
Q2 24
6.8%
2.5%
Cash Conversion
KRC
KRC
UCTT
UCTT
Q1 26
Q4 25
33.10×
Q3 25
1.09×
Q2 25
1.81×
Q1 25
3.13×
Q4 24
8.32×
1.05×
Q3 24
3.06×
Q2 24
1.63×
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

KRC
KRC

Segment breakdown not available.

UCTT
UCTT

Products$465.7M87%
Services$68.0M13%

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