The earnings call presented a mixed picture with strong revenue growth and product qualification successes offset by gross margin challenges and hiring issues. The company faces execution risks but remains optimistic about its strategic initiatives.

Company Guidance -

Q3 2025

During Ichor's second quarter 2025 earnings call, the company provided guidance indicating that third-quarter revenues are expected to range from $225 million to $245 million, with gross margins between 12.5% and 13.5%. This follows Q2 revenues of $240 million, which were at the upper end of expectations, though gross margins for the quarter were slightly lower at 12.5% due to hiring challenges. Operating expenses are projected to be approximately $23.7 million in Q3. The company is focused on ramping up its internal supply capabilities, particularly in its U.S. machining operations, to meet strong customer demand and support its proprietary component products. Despite some challenges, Ichor remains confident in its strategy to achieve stronger gross margins and expects its revenue growth to outperform the overall wafer fab equipment (WFE) industry growth for 2025. The company is also dealing with tariff impacts, particularly related to Section 232, and continues to pass these costs on to customers. Looking ahead, Ichor is taking a conservative view on hiring and gross margin forecasts but anticipates potential sequential improvements in gross margins in the fourth quarter.

Strong Revenue Growth in H1 2025

Second quarter revenues of $240 million came in at the upper end of expectations, with first half revenues up 20% year-over-year, outperforming overall WFE growth for 2025.

New Product Qualification Success

Achieved a major milestone with the successful qualification of a flow control product at a key end user, marking the first end-user qualification for this product line.

Continued Expansion in Proprietary Components

Secured a third customer qualification for the valve product line and began shipping valves in production volumes this quarter.

Ichor Holdings (ICHR) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ICHR Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	0.12 / -	0.12	―	―	―
Aug 04, 2025	2025 (Q2)	0.14 / 0.03	0.05	-40.00% (-0.02)	―
May 05, 2025	2025 (Q1)	0.26 / 0.12	-0.09	233.33% (+0.21)	―
Feb 04, 2025	2024 (Q4)	0.09 / 0.08	-0.06	233.33% (+0.14)	―
Nov 04, 2024	2024 (Q3)	0.11 / 0.12	0.07	71.43% (+0.05)	―
Aug 06, 2024	2024 (Q2)	0.03 / 0.05	0.02	150.00% (+0.03)	―
May 07, 2024	2024 (Q1)	<0.01 / -0.09	0.38	-123.68% (-0.47)	―
Feb 06, 2024	2023 (Q4)	0.07 / -0.06	0.72	-108.33% (-0.78)	―
Nov 06, 2023	2023 (Q3)	0.08 / 0.07	1.22	-94.26% (-1.15)	―
Aug 08, 2023	2023 (Q2)	<0.01 / 0.02	0.98	-97.96% (-0.96)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

ICHR Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 04, 2025	$20.14	$14.06	-30.19%
May 05, 2025	$20.84	$16.00	-23.22%
Feb 04, 2025	$28.21	$32.28	+14.43%
Nov 04, 2024	$27.14	$31.50	+16.06%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Ichor Holdings (ICHR) report earnings?

Ichor Holdings (ICHR) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is Ichor Holdings (ICHR) earnings time?

Ichor Holdings (ICHR) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ICHR EPS forecast?

ICHR EPS forecast for the fiscal quarter 2025 (Q3) is 0.12.

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