Ichor Q3 revenue rises 37%, slightly misses estimates
ICHR•Ichor's third-quarter revenue rose 37% year over year to $328.7 million, slightly below the $330 million estimate, while adjusted EPS of $0.63 beat the $0.45 estimate. The company expects fourth-quarter 2026 revenue of $345 million to $365 million and non-GAAP diluted EPS of $0.65 to $0.75.
1. Quarterly results
Ichor reported third-quarter revenue of $328.7 million, up 37% year over year and slightly below the $330 million estimate. Adjusted EPS was $0.63, beating the $0.45 estimate; net income was $20.95 million, gross margin was 15.8% and operating margin was 6.9%.
2. Fourth-quarter outlook
Ichor expects fourth-quarter 2026 revenue of $345 million to $365 million and non-GAAP diluted EPS of $0.65 to $0.75. The company expects sequential growth in revenue, gross margin and EPS, citing a steep demand ramp, manufacturing-site realignment and increased proprietary content.
