The earnings call reflected a mixed outlook, with strong revenue performance and strategic leadership changes offset by challenges in non-semi end markets, gross margin pressures, and restructuring costs. The company's focus on strategic product development offers potential for future growth, but immediate challenges remain.

Company Guidance

In the Ichor Third Quarter 2025 Earnings Conference Call, the company provided several key financial metrics and guidance for the future. The third-quarter revenue was reported at $239.3 million, exceeding the midpoint of expectations and marking a 13% year-over-year increase. However, the gross margin for the quarter was 12.1%, impacted by a 1 percentage point decrease due to lower revenue volumes in non-semi markets, particularly from the IMG business. Operating income was $5.1 million, with a net interest expense of $1.7 million and a net income tax expense of $0.7 million, resulting in an EPS of $0.07 per share. For the fourth quarter of 2025, revenue is projected to be between $210 million and $230 million, with gross margins expected to be between 10% and 12%. Operating expenses are forecast to remain consistent at $23.7 million, and the EPS guidance ranges from a loss of $0.14 to a profit of $0.02. Looking forward, Ichor plans to focus on operational improvements and strategic investments to enhance profitability, projecting year-over-year growth in 2026 with mid-teens gross margins in the second half of the year.

Strong Revenue Performance

Third quarter revenues of $239 million exceeded the midpoint of expectations and were up 13% year-over-year, demonstrating strong performance relative to overall wafer fab equipment (WFE) growth.

CEO Appointment

Phil Barros, a long-time CTO with over 20 years at Ichor, was named CEO, bringing extensive experience in engineering, product management, sales, and corporate strategy.

Strategic Product Development

The company is making steady progress on two additional proprietary component products, targeting the first beta unit for customer evaluation in early 2026, which will expand addressable markets.

Refinancing of Credit Facility

The company completed the refinancing of its credit facility to reduce borrowing costs, reducing the fixed amount of the revolver facility from $400 million to $225 million.

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
Feb 10, 2026	2025 (Q4)	-0.06 / -	0.08	―	―	―
Nov 03, 2025	2025 (Q3)	0.12 / 0.07	0.12	-41.67% (-0.05)	―
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)	―

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
Nov 03, 2025	$22.92	$15.72	-31.41%
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%

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 Feb 10, 2026, After Close (Confirmed).

What is Ichor Holdings (ICHR) earnings time?

Ichor Holdings (ICHR) earnings time is at Feb 10, 2026, 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 (Q4) is -0.06.

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