
Ultra Clean Holdings Income Statement 2025-2009 | UCTT
Brief overview of revenue and earnings at Ultra Clean Holdings
The overview follows changes across a five-year period. Ultra Clean Holdings reported revenue of $1.4 billion in 2020 and $2.1 billion by 2025. The cumulative result was +46.9%, corresponding to roughly 8% per year. The direction is positive, but the growth rate is not particularly high.
The five-year change in gross profit reached +10.7%: from $292 million to $323 million. Cost of revenue developed less favorably than sales and pressured gross profitability. Gross margin moved from 20.9% to 15.7%. A lower margin indicates deterioration in the economics of the core business.
The five-year EBITDA result moved by −140.6%: from 146 million dollars to −59.5 million dollars. Changes in revenue did not translate into comparable EBITDA performance. At the operating-margin level, the figure shifted from 10.5% to −2.9%. The margin contraction indicates weaker operating efficiency.
The net financial result changed from $77.6 million to −$181 million. A positive result was not sustained and the period ended with a loss.
Market value was 1.9 thousand dollars at the start and 2.8 billion dollars at the end. The market value rose well beyond the pace of financial improvement.
Summary assessment
The financial trajectory is weak and requires a cautious interpretation. The strongest signals are sales growth. The most visible risks are a lower gross margin, a declining EBITDA margin and a narrow EBITDA buffer. The key question is whether sales can be converted into sustainable profit.
Annual Income Statement Ultra Clean Holdings
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Market Cap |
2.78 B | 1.18 B | 2.07 B | 1.44 B | 1.99 K | 1.86 K | 964 M | 428 M | 833 M | 219 M | 162 M | 281 M | 336 M | 147 M | 176 M | 181 M | - |
Shares |
45.3 M | 44.9 M | 44.7 M | 45.2 M | 43.5 | 40.2 | 39.5 M | 38.9 M | 34.3 M | 21.5 M | 31.6 M | 29.9 M | 29 M | 26.3 M | 23.4 M | 21.8 M | - |
Historical Prices |
61.3 | 26.3 | 46.3 | 31.8 | 45.8 | 46.4 | 20.9 | 10.7 | 19.3 | 13.8 | 5.23 | 8.26 | 13.2 | 5.9 | 8.17 | 8.32 | 3 |
Net Income |
-181 M | 23.7 M | -31.1 M | 40.4 M | 120 M | 77.6 M | -9.4 M | 36.6 M | 75.1 M | 10.1 M | -10.7 M | 11.4 M | 10.4 M | 5.2 M | 23.7 M | 20.1 M | - |
Revenue |
2.05 B | 2.1 B | 1.73 B | 2.37 B | 2.1 B | 1.4 B | 1.07 B | 1.1 B | 924 M | 563 M | 469 M | 514 M | 444 M | 403 M | 453 M | - | - |
Cost of Revenue |
1.73 B | 1.74 B | 1.46 B | 1.91 B | 1.67 B | 1.11 B | 869 M | 921 M | 757 M | 476 M | - | - | - | - | - | - | - |
Gross Profit |
323 M | 356 M | 277 M | 465 M | 430 M | 292 M | 197 M | 176 M | 168 M | 86.8 M | 71 M | 73.1 M | 67.3 M | 55.8 M | 59 M | 59.1 M | - |
Operating Income |
-107 M | 91.2 M | 35.2 M | 120 M | 186 M | 121 M | 29.9 M | 60.7 M | 89.5 M | 22.4 M | 5.84 M | 18.2 M | 15.9 M | 8.34 M | 23.5 M | 25.5 M | - |
Interest Expense |
- | - | 48.8 M | 33.9 M | 24.2 M | 16.9 M | 25.6 M | 10 M | 2.2 M | - | - | - | - | - | - | - | - |
EBITDA |
-59.5 M | 137 M | 72.8 M | 159 M | 220 M | 146 M | 71.5 M | 81.8 M | 100 M | 34.1 M | 16.8 M | 26.1 M | 25 M | 15.3 M | 26.4 M | 27.8 M | - |
Operating Expenses |
430 M | 265 M | 242 M | 345 M | 244 M | 170 M | 167 M | 115 M | 78.2 M | 64.4 M | 65.2 M | 54.9 M | 51.4 M | 47.5 M | 35.5 M | 33.7 M | - |
General and Administrative Expenses |
186 M | 180 M | 162 M | 184 M | 172 M | 130 M | 127 M | 75.5 M | 52.8 M | 42.9 M | 44.1 M | 37.4 M | 36.1 M | 32.9 M | 22.6 M | 21.3 M | - |
All numbers in USD currency
Quarterly Income Statement Ultra Clean Holdings
| 2026-Q2 | 2026-Q1 | 2025-Q4 | 2025-Q3 | 2025-Q2 | 2025-Q1 | 2024-Q4 | 2024-Q3 | 2024-Q2 | 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Shares |
45.1 M | 45.3 M | 45.5 M | 45.4 M | 45.2 M | 45.1 M | 45.1 M | 45 M | 44.9 M | 44.6 M | 44.6 M | 44.8 | 44.7 M | 44.8 M | 45.2 M | 45.4 | 45.2 | 44.9 | 44.9 M | 44.8 | 43.3 | 40.6 | 40.6 M | 40.4 M | 40.1 M | 39.8 M | 39.9 M | 39.5 M | 39.4 M | 39.1 M | 39.1 | 38.9 M | 38.8 M | 36.7 M | 33.7 M | 33.5 M | 33.4 M | 33.1 M | 33 M | 32.8 M | 32.6 M | 32.3 M | 32.3 M | 32 M | 31.6 M | 30.5 M | 29.6 M | 29.5 M | 29.4 M | 28.9 M | 28.7 M | 28.5 M | 28.4 M | 28 M | 27.9 M | 27.7 M | 23.3 M | 23 M | 22.9 M | 22.8 M | 22.7 M | 22.5 M |
Net Income |
8.7 M | -17.9 M | - | -10.9 M | -162 M | -5 M | - | -2.3 M | 19.1 M | -9.4 M | - | -14.5 M | -9.4 M | -3.4 M | - | 9.7 M | -25.1 M | 27.9 M | - | 31.9 M | 17.1 M | 25 M | 22.5 M | 24.4 M | 21.3 M | 9.4 M | -10.3 M | 500 K | -200 K | 600 K | -1.1 M | -6 M | 19 M | 24.7 M | - | 19.7 M | 20.2 M | 14.3 M | - | 2.61 M | 723 K | -3.24 M | - | 1.68 M | 2.21 M | 1.17 M | - | -5.26 M | 6.03 M | 7.06 M | - | 2.05 M | 2.32 M | -311 K | -1.73 M | -1.12 M | 2.79 M | 4.66 M | 7.8 M | 3.16 M | 6.96 M | 5.82 M |
Revenue |
645 M | 534 M | - | 510 M | 519 M | 519 M | - | 540 M | 516 M | 478 M | - | 435 M | 422 M | 433 M | - | 635 M | 609 M | 564 M | - | 554 M | 515 M | 100 K | 370 M | 200 K | 200 K | 300 K | 286 M | 400 K | 200 K | 200 K | 257 M | 234 M | 290 M | 315 M | - | 243 M | 228 M | 205 M | - | 146 M | 130 M | 112 M | - | 123 M | 118 M | 125 M | - | 117 M | 133 M | 144 M | - | 107 M | 110 M | 100 M | 90.1 M | 101 M | 102 M | 111 M | 86.9 M | 105 M | 134 M | 127 M |
Cost of Revenue |
541 M | 449 M | - | 428 M | 439 M | 435 M | - | 447 M | 428 M | 395 M | - | 370 M | 353 M | 360 M | - | 511 M | 490 M | 450 M | - | 440 M | 415 M | 331 M | - | 289 M | 271 M | 255 M | - | 207 M | 217 M | 215 M | - | 199 M | 244 M | 266 M | - | 200 M | 185 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Gross Profit |
104 M | 84.4 M | - | 82.2 M | 79.5 M | 84 M | - | 93.4 M | 88.5 M | 82.6 M | - | 65.2 M | 68.1 M | 73 M | - | 124 M | 118 M | 114 M | - | 114 M | 99.9 M | 86.9 M | 77.6 M | 74.6 M | 73.9 M | 65.7 M | 56.3 M | 47.5 M | 48.2 M | 44.8 M | 45.9 M | 35 M | 46.1 M | 48.8 M | - | 42.7 M | 43.4 M | 37.5 M | - | 23.5 M | 19 M | 14.6 M | - | 18.9 M | 18.8 M | 19.9 M | - | 10.3 M | 21.2 M | 23.3 M | - | 15.8 M | 16.1 M | 13.8 M | 11.6 M | 14.3 M | 14.3 M | 15.7 M | 9.6 M | 12.9 M | 19 M | 17.6 M |
Operating Income |
29.5 M | 11.4 M | - | 10.6 M | -142 M | 12.9 M | - | 25.2 M | 22.9 M | 17.3 M | - | 5.7 M | 12.6 M | 12.4 M | - | 36.3 M | -5.5 M | 45.7 M | - | 50.6 M | 31.9 M | 40.4 M | - | 34.9 M | 30.8 M | 22.6 M | - | 8.3 M | 9 M | 8.2 M | - | 922 K | 22.7 M | 26.9 M | - | 23.3 M | 24.4 M | 19.8 M | - | 6.7 M | 3.72 M | -698 K | - | 3.08 M | 3.43 M | 2.65 M | - | -3.96 M | 8.06 M | 9.16 M | - | 3.39 M | 3.63 M | 621 K | -1.41 M | -666 K | 4.46 M | 6.27 M | 1.56 M | 4.31 M | 9.49 M | 8.19 M |
Interest Expense |
- | - | - | - | - | - | - | - | - | 12.2 M | - | 12.3 M | 11.8 M | 11.8 M | - | 9.4 M | 7.3 M | 6.4 M | - | 6.9 M | 7.1 M | 3.6 M | - | 4.1 M | 3.8 M | 5.2 M | - | 6.6 M | 6.7 M | 6.6 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
EBITDA |
54.3 M | 23.7 M | - | 46.1 M | -135 M | 24.6 M | - | 59.3 M | 30.5 M | 28.8 M | - | 11.2 M | 18.1 M | 21.3 M | - | 43.3 M | 2.2 M | 55.5 M | - | 74.6 M | 47 M | 46.9 M | - | 53.7 M | 43.4 M | 29 M | - | 24.1 M | 19.4 M | 15 M | - | 6.72 M | 25.6 M | 28.2 M | - | 27.2 M | 27 M | 21 M | - | 10.9 M | 6.52 M | 699 K | - | 6.53 M | 5.26 M | 3.55 M | - | -1.72 M | 9.56 M | 9.91 M | - | 5.74 M | 5.17 M | 1.43 M | -1.41 M | 1.72 M | 5.92 M | 6.97 M | 1.56 M | 6.48 M | 10.9 M | 8.83 M |
Operating Expenses |
74.2 M | 73 M | - | 71.6 M | 221 M | 71.1 M | - | 68.2 M | 65.6 M | 65.3 M | - | 59.5 M | 55.5 M | 60.6 M | - | 88.1 M | 124 M | 68 M | - | 63.5 M | 68 M | 46.5 M | - | 39.7 M | 43.1 M | 43.1 M | - | 39.2 M | 39.2 M | 36.6 M | - | 34.1 M | 23.4 M | 21.9 M | - | 19.4 M | 19 M | 17.7 M | - | 16.8 M | 15.3 M | 15.3 M | - | 15.9 M | 15.4 M | 17.3 M | - | 14.3 M | 13.1 M | 14.2 M | - | 12.4 M | 12.5 M | 13.2 M | 12.7 M | 15 M | 9.79 M | 9.39 M | 8.04 M | 8.54 M | 9.5 M | 9.36 M |
General and Administrative Expenses |
49 M | 49 M | - | 48.7 M | 46.9 M | 48.6 M | - | 46.7 M | 43.7 M | 44.6 M | - | 39.3 M | 35.6 M | 40.4 M | - | 46.4 M | 46.2 M | 47.4 M | - | 43.2 M | 49.2 M | 34.7 M | - | 30.2 M | 33.4 M | 33.9 M | - | 29.7 M | 29.9 M | 27.8 M | - | 27 M | 16.9 M | 15.1 M | - | 13 M | 12.8 M | 11.8 M | - | 11.5 M | 10.2 M | 10.1 M | - | 10.7 M | 10.2 M | 11.9 M | - | 9.97 M | 8.7 M | 9.72 M | - | 8.47 M | 8.52 M | 9.63 M | - | 9.81 M | 6.84 M | 6.24 M | - | 5.61 M | 6.04 M | 5.7 M |
All numbers in USD currency
The income statement is one of the three key financial reports of a company Ultra Clean Holdings (alongside the balance sheet and the cash flow statement). It shows how the company makes money and what its expenses are:
- How much revenue the company earned
- How much it spent on production, personnel, marketing, taxes, etc.
- What profit remained in the end
Analyzing the income statement helps an investor understand whether the business generates stable and growing profits, how effectively the company controls its expenses, and whether it is capable of generating income in the future. Additionally, this analysis shows how the company copes with crises and economic cycles, and allows assessing the potential for stock price growth and dividend payments.
Features- The income statement may include both recurring and one-time items (for example, profit from the sale of assets). It is necessary to separate core metrics from one-off events for accurate analysis.
- Companies often publish interim reports (e.g., quarterly), which allows for more timely tracking of trends.
- A combined analysis of the income statement with the balance sheet and cash flow statement provides a comprehensive view of the company’s financial health.