Ultra Clean Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 26, 2025	Dec '24 Dec 27, 2024	Dec '23 Dec 29, 2023	Dec '22 Dec 30, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 25, 2020
Revenue	2,111	2,098	1,735	2,374	2,102	1,399
Revenue Growth (YoY)	6.65%	20.93%	-26.95%	12.98%	50.27%	31.18%
Cost of Revenue	1,773	1,741	1,457	1,909	1,672	1,107
Gross Profit	337.4	356.3	277.3	465	430	291.8
Selling, General & Admin	247.4	235.8	209.1	238.7	219.8	155.6
Research & Development	30.3	28.3	28.3	28.5	24.5	14.8
Operating Expenses	277.7	264.1	237.4	267.2	244.3	170.4
Operating Income	59.7	92.2	39.9	197.8	185.7	121.4
Interest Expense	-40.6	-46.5	-48.8	-33.9	-24.2	-16.9
Interest & Investment Income	3.9	4.8	4.1	0.9	0.4	0.9
Other Non Operating Income (Expenses)	-5.4	-7.7	0.2	0.9	-7.6	-5.7
EBT Excluding Unusual Items	22.9	42.8	-4.6	165.7	154.3	99.7
Merger & Restructuring Charges	-1	-1	-4.7	-	-	-
Gain (Loss) on Sale of Assets	-	-	-	-77.4	-	-
Other Unusual Items	6	25.4	-2	-	-	-
Pretax Income	-123.2	67.2	-11.3	88.3	154.3	99.7
Income Tax Expense	27.8	32.7	10.9	37.9	27.9	19.3
Earnings From Continuing Operations	-151	34.5	-22.2	50.4	126.4	80.4
Minority Interest in Earnings	-10.6	-10.8	-8.9	-10	-6.9	-2.8
Net Income	-161.6	23.7	-31.1	40.4	119.5	77.6
Net Income to Common	-161.6	23.7	-31.1	40.4	119.5	77.6
Net Income Growth	-	-	-	-66.19%	54.00%	-
Shares Outstanding (Basic)	45	45	45	45	44	40
Shares Outstanding (Diluted)	45	45	45	46	44	41
Shares Change (YoY)	0.11%	1.34%	-2.19%	2.93%	8.03%	4.05%
EPS (Basic)	-3.58	0.53	-0.70	0.89	2.75	1.93
EPS (Diluted)	-3.58	0.52	-0.70	0.88	2.69	1.89
EPS Growth	-	-	-	-67.29%	42.33%	-
Free Cash Flow	17.1	1.5	60.1	-52.9	152.3	60.9
Free Cash Flow Per Share	0.38	0.03	1.34	-1.16	3.43	1.48
Gross Margin	15.99%	16.99%	15.99%	19.59%	20.46%	20.86%
Operating Margin	2.83%	4.40%	2.30%	8.33%	8.84%	8.68%
Profit Margin	-7.66%	1.13%	-1.79%	1.70%	5.69%	5.55%
Free Cash Flow Margin	0.81%	0.07%	3.46%	-2.23%	7.25%	4.35%
EBITDA	135.5	168.3	101.6	266.2	253.2	166.2
EBITDA Margin	6.42%	8.02%	5.86%	11.21%	12.05%	11.88%
D&A For EBITDA	75.8	76.1	61.7	68.4	67.5	44.8
EBIT	59.7	92.2	39.9	197.8	185.7	121.4
EBIT Margin	2.83%	4.40%	2.30%	8.33%	8.84%	8.68%
Effective Tax Rate	-	48.66%	-	42.92%	18.08%	19.36%
Revenue as Reported	2,111	2,098	1,735	2,374	2,102	1,399

Source: S&P Global Market Intelligence. Standard template. Financial Sources.