Every 10-Q that Ichor Holdings (ICHR) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow ICHR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ICHR filings page.
Ichor Holdings, Ltd., a supplier of fluid delivery subsystems for semiconductor equipment, reported second‑quarter 2026 net sales of $294,784 (in thousands), up 22.7% from 2025. Gross margin improved to 13.9%, and GAAP net income reached $998 (in thousands) with diluted EPS of $0.03, compared with a prior‑year loss. Non‑GAAP net income was $12,172 (in thousands), or $0.34 per diluted share. For the first six months of 2026, net sales were $550,852 (in thousands) and GAAP net loss was $1,471 (in thousands), while non‑GAAP net income was $17,459 (in thousands).
Operating activities used $18,792 (in thousands) of cash in the first half, largely from higher receivables and inventories tied to stronger demand, while capital expenditures were $14,833 (in thousands). The company completed an at‑the‑market equity program, issuing 2,478,275 shares for net proceeds of $195.4 million, ending the quarter with cash and equivalents of $256,456 (in thousands) and term‑loan principal of $121,875 (in thousands) with an undrawn $100.0 million revolver. Management reports its Consolidation Restructuring Plan is substantially complete and notes ongoing risks from global trade tensions, export controls, and a higher effective tax rate of 81.6% in Q2 2026.
Ichor Holdings reported first‑quarter 2026 net sales of $256.1 million, up from $244.5 million a year earlier, driven by stronger semiconductor capital equipment demand. Gross margin improved to 12.6% from 11.7%, and operating results shifted from a small loss to operating income of $2.1 million.
After a sharply elevated effective tax rate tied to foreign income, the end of a Singapore tax holiday, and a U.S. deferred tax valuation allowance, Ichor recorded a net loss of $2.5 million, narrower than the prior‑year $4.6 million loss. On a non‑GAAP basis, net income was $5.3 million and diluted EPS was $0.15. Cash flow from operations was a modest outflow of $2.9 million, mainly from higher receivables and inventory, while cash ended at $89.1 million against $123.4 million of term‑loan debt. The company continues executing its Consolidation Restructuring Plan, expecting further fixed‑asset, lease, and other costs through 2026 but states that current cash, credit facilities, and cash generation should cover needs.
Ichor Holdings (ICHR) reported Q3 2025 results with net sales of $239.3 million, up 13.3% year over year, but gross margin fell to 4.6% and the company posted a net loss of $22.9 million (diluted EPS of $0.67 loss). The margin decline was driven primarily by $16.7 million of inventory impairment recognized under a Consolidation Restructuring Plan.
Operating loss was $19.4 million, and non-GAAP metrics showed a 12.1% gross margin and $0.07 of diluted EPS. Cash and cash equivalents were $92.5 million, and operating cash flow for the nine months was $20.7 million. The company entered into an amended and restated credit agreement featuring a $125.0 million term loan and a $100.0 million revolver, bearing SOFR-based interest of 6.41% as of September 26, 2025, maturing September 26, 2030. As of October 28, 2025, 34,384,231 ordinary shares were outstanding. The restructuring plan includes total expected fixed asset charges of approximately $4.7 million and operating lease ROU asset impairments of approximately $3.9 million, with the plan expected to be substantially complete by the end of 2026.