Ichor Q2 FY26 GAAP EPS swings to USD 0.03; revenue rises 15% quarter-over-quarter to USD 294.8 million - ICHR News | RalliesIchor Q2 FY26 GAAP EPS swings to USD 0.03; revenue rises 15% quarter-over-quarter to USD 294.8 million
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ICHR• Balance sheet and outlook
- Cash and cash equivalents climbed to USD 256 million following completion of a USD 200 million at-the-market equity offering.
- CEO Phil Barros said demand visibility extends into 2027; Q3 2026 outlook sees revenue of USD 315 million-USD 345 million.
Q2 results and margin improvement
- Ichor posted Q2 2026 GAAP EPS of USD 0.03, swinging to profit with net income of USD 998,000.
- Revenue rose 15% from Q1 2026 to USD 294.8 million, increasing 24% from Q2 2025.
- GAAP gross margin widened 1.3 percentage points from Q1 2026 to 13.9%, lifting GAAP operating margin to 2.4%.
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