Ichor Holdings beats Q4 revenue estimates

Ichor Holdings

09/02/2026 21:14

Overview

Semiconductor equipment component maker's Q4 revenue beat analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company reported a GAAP net loss for Q4

Outlook

Ichor expects Q1 2026 revenue between $240 mln and $260 mln

Company anticipates improved gross margin performance in fiscal 2026

Ichor sees upward revenue momentum continuing into second half of 2026

Result Drivers

REVENUE ABOVE GUIDANCE - Q4 revenue of $223.6 mln exceeded the company's mid-point of guidance, reflecting better-than-expected sales performance

GROSS MARGIN IMPROVEMENT - Gross margin improved to 9.4% GAAP and 11.7% non-GAAP, aided by restructuring and cost management

DEMAND OUTLOOK - CEO Phil Barros noted strengthening demand environment for fiscal 2026, with expectations for revenue growth

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$223.61 mln
$220.84 mln (7 Analysts)
Q4 Adjusted EPS
Beat
-$0.01
-$0.06 (7 Analysts)
Q4 EPS
-$0.46
Q4 Net Income
-$15.96 mln
Q4 Gross Margin
9.40%
Q4 Operating Margin
-6.20%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for Ichor Holdings Ltd is $30.00, about 6.7% below its February 6 closing price of $32.15

The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw568tzLa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)