Ichor posts $22.9 million Q3 net loss on $239.3 million revenue; Q4 outlook lower
Ichor reported third quarter 2025 revenue of $239.3 million, up from $211.1 million a year earlier but slightly below $240.3 million in the prior quarter, while its GAAP net loss widened to $22.9 million, or $(0.67) per diluted share. The company guided fourth quarter revenue to $210 million to $230 million, and management said the loss included a $16.7 million inventory impairment tied to a consolidation restructuring plan.
Key points
- Q3 2025 revenue was $239.3 million, versus $240.3 million in Q2 2025 and $211.1 million in Q3 2024.
- GAAP net loss was $22.9 million, or $(0.67) per diluted share, compared with a $9.4 million loss in Q2 2025.
- Non-GAAP diluted EPS was $0.07; GAAP gross margin fell to 4.6% from 11.3% in Q2 2025.
- Q4 2025 outlook: revenue of $210 million to $230 million (midpoint $220 million) and GAAP diluted EPS of $(0.33) to $(0.17).
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 03, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.