Ultra Clean Holdings Q3 2025 Financial Results and Share Repurchase Program

Ultra Clean Holdings, Inc. (UCT) reported its financial results for the third quarter ended September 26, 2025. The company achieved total revenue of $510.0 million, with products contributing $445.0 million and services adding $65.0 million. The gross margin was 16.1%, operating margin was 2.1%, and net loss was $(10.9) million or $(0.24) per diluted share. On a non-GAAP basis, gross margin was 17.0%, operating margin was 5.7%, and net income was $12.9 million or $0.28 per diluted share. The company also announced a share repurchase program authorizing the purchase of up to $150 million of its common stock over a three-year period. The repurchases will be made from time to time based on market conditions and other factors.