Ultra Clean Holdings Reports Record Q3 2026 Revenue Driven by Semiconductor Demand
Ultra Clean Holdings (UCTT) reported record third-quarter revenue of $759 million, marking a 48.8% year-over-year increase fueled by rising demand in the semiconductor sector, particularly for high-bandwidth memory and gate-all-around node transitions. Non-GAAP EPS rose to $1.15, up from the previous quarter due to improved operational efficiencies and higher volumes in etch and deposition applications. The company is aggressively expanding its manufacturing footprint, with new clean room capacity in Malaysia already operational and plans to increase vertical integration across Thailand and the Philippines. While negative operating cash flow of $42.3 million reflects increased working capital for safety stock, management issued strong Q4 revenue guidance between $800 million and $860 million, supported by a projected $200 billion wafer fab equipment market in 2027.
Tickers: $UCTT
Topics: EPS Financial Guidance Operating Margin Revenue Growth Semiconductor Demand