Ultra Clean Reports Second Quarter 2025 Financial Results

Core Viewpoint - Ultra Clean Holdings, Inc. reported its financial results for Q2 2025, highlighting a stable revenue outlook despite a challenging environment, with ongoing efforts to reduce operating expenses and a focus on outperforming the semiconductor industry growth [2][3]. Financial Performance - Total revenue for Q2 2025 was $518.8 million, with products contributing $454.9 million and services adding $63.9 million. This represents a slight increase from $518.6 million in the previous quarter [3]. - The gross margin was 15.3%, down from 16.2% in the prior quarter, while the operating margin was (27.3)%, compared to 2.5% previously. The net loss was $(162.0) million or $(3.58) per diluted share, a significant decline from a net loss of $(5.0) million or $(0.11) per diluted share in the prior quarter [3]. - On a non-GAAP basis, the gross margin was 16.3%, operating margin was 5.5%, and net income was $12.1 million or $0.27 per diluted share, compared to a gross margin of 16.7%, operating margin of 5.2%, and net income of $12.7 million or $0.28 per diluted share in the previous quarter [4]. Outlook - For Q3 2025, the company expects revenue to be in the range of $480 million to $530 million. The GAAP diluted net loss per share is anticipated to be between $(0.09) and $(0.29), while the non-GAAP diluted net income per share is projected to be between $0.14 and $0.34 [5]. Company Overview - Ultra Clean Holdings, Inc. specializes in developing and supplying critical subsystems, components, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry. The company offers integrated outsourced solutions for major subassemblies and high-precision manufacturing [7].