NASDAQ$ICHR

Ichor Holdings Ltd · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Ichor Holdings Ltd reported Q2 2025 results with revenue growth amid ongoing semiconductor equipment demand.

Net sales rose 18% year-over-year to $240.3 million for the quarter ended June 27, 2025. The company posted a GAAP net loss of $9.4 million and a non-GAAP net income of $1.1 million. Gross margin declined to 11.3% due to higher material costs and unfavorable mix, partially offset by operational improvements.

  • Revenue increased 18.2% YoY to $240.3 million driven by stronger semiconductor capital equipment spending.
  • GAAP net loss widened to $9.4 million ($0.28 per share) from $5.1 million in Q2 2024.
  • Non-GAAP net income was $1.1 million ($0.03 per share) with non-GAAP gross margin at 12.5%.
  • Cash and cash equivalents declined to $92.2 million after $25.8 million in capital expenditures during the first half.

Headline financials

Total Revenue

$240M

Previous: $203M+18.2%
EPS (adj)

$0.03

Previous: -$0.15+120.0%
Gross Margin

11.3%

No prior period
Non-GAAP Gross Margin

12.5%

No prior period
Capital Expenditures

-$25.8M

Previous: -$7.34M-251.3%
Net Income

-$9.41M

Previous: -$5.11M-84.0%
Operating Income

-$4.84M

Previous: -$2.26M-114.0%
Gross Profit

$27.2M

Previous: $25.6M+6.4%
Cash & Equivalents

$92.2M

Previous: $114M-19.3%
Total Assets

$985M

Previous: $948M+3.9%

Revenue & EPS history

Ichor · Revenue · Quarterly

$240M

Q2 2025+18.2%vs Q2 2024
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-1.8%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+0.4%

Avg return

30 days after

43%

17 / 40 earnings

Positive

+32.7%

Q4 2025

Best reaction

-31.3%

Q3 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-2.9%+7.0%+2.0%
Q4 2025+32.7%+37.1%+22.1%
Q3 2025-31.3%-34.7%-24.1%
Q1 2025-23.1%-18.5%-15.7%
Q4 2024+14.4%+20.7%+3.7%
Q3 2024+15.2%+23.1%+27.9%
Q2 2024+2.9%+2.6%+1.0%
Q1 2024-3.7%-3.2%-3.8%
Q4 2023+3.1%+13.7%+16.7%
Q3 2023-13.0%-8.9%-2.5%
Q2 2023-5.2%-7.6%-11.2%
Q1 2023-7.7%-3.8%+22.0%
Q4 2022+4.5%-0.9%-12.4%
Q3 2022-0.0%+13.7%+15.5%
Q2 2022+3.4%+12.0%-11.3%
Q1 2022-15.5%-5.0%-2.9%
Q4 2021+0.9%-5.7%-15.9%
Q3 2021-0.1%+2.1%+0.2%
Q2 2021-8.5%-8.2%-7.7%
Q1 2021-3.8%-2.6%-3.5%
Q4 2020+4.4%+7.5%+8.3%
Q3 2020+7.2%+16.9%+47.7%
Q2 2020+0.4%-7.8%-18.6%
Q1 2020-1.9%+2.1%+7.9%
Q4 2019-3.6%-2.9%-19.8%
Q3 2019+1.7%+1.3%-0.1%
Q2 2019-1.6%-3.1%+4.4%
Q1 2019-8.2%-8.4%-15.8%
Q4 2018-1.4%+1.3%-9.7%
Q3 2018-17.6%-17.8%-10.7%
Q2 2018+7.7%+2.4%+0.1%
Q1 2018+10.3%+9.3%+1.8%
Q4 2015-8.5%-6.9%-13.2%
Q4 2017-21.2%-16.8%+3.8%
Q3 2016-2.0%+0.5%-15.3%
Q3 2017-8.1%-9.9%-19.2%
Q2 2016+8.7%+9.9%+25.2%
Q2 2017+0.9%+2.7%+17.2%
Q1 2017-3.8%-5.0%+17.6%
Q4 2016+3.0%+1.5%+4.6%
Q1 2016
Q3 2015
Q2 2015
Q1 2015
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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