Ichor Q3 EPS Beats Estimates as Revenue Falls Short by Up to $1.5 Million

Ichor Holdings, Ltd. posted third-quarter non-GAAP diluted earnings of $0.63 per share for the 13-week quarter ended Sept. 25, above analyst estimates near $0.45. Revenue was $328.699 million, below estimates of $330.10 million to $330.19 million by about $1.4 million to $1.5 million.

Revenue increased 12% from $294.784 million in the quarter ended June 26 and 37% from $239.296 million in the quarter ended Sept. 26, 2025. Ichor makes gas and chemical delivery subsystems and precision components used in semiconductor manufacturing equipment.

GAAP diluted earnings were $0.55 per share, with net income of $20.947 million. Non-GAAP net income was $24.218 million. Its adjusted earnings exclude amortization, share-based compensation, selected unusual or infrequent costs and the related tax effects. The measures supplement its GAAP results.

For the fourth quarter, Ichor forecast revenue of $345 million to $365 million, GAAP diluted EPS of $0.50 to $0.60, and non-GAAP diluted EPS of $0.65 to $0.75. The revenue range is above the third-quarter total.

CEO Phil Barros said, “Customer demand remains robust, with visibility extending well into 2027.”