Every material Form 8-K Ultra Clean Holdings filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Ultra Clean Holdings reported third-quarter 2025 revenue of $510.0 million, down from $540.4 million a year earlier and $518.8 million in the prior quarter. The GAAP net loss attributable to the company was $10.9 million, or $0.24 per diluted share, much smaller than the $162.0 million loss in the prior quarter, which included a goodwill impairment. The board also approved a share repurchase program of up to $150 million over three years.
Q3 2025 revenue was $510.0 million, versus $540.4 million in the same quarter of 2024 and $518.8 million in the quarter ended June 27, 2025.
GAAP net loss attributable to the company was $(10.9) million, or $(0.24) per diluted share; non-GAAP net income was $12.9 million, or $0.28 per diluted share.
The company expects fourth-quarter 2025 revenue of $480 million to $530 million and GAAP diluted EPS of $(0.11) to $0.09.
On October 23, 2025, the board approved buybacks of up to $150 million of common stock over a three-year period.
Ultra Clean Holdings entered into an Eighth Amendment to its Credit Agreement with Barclays Bank PLC, as administrative agent, dated September 15, 2025. The amendment lowers the interest rate on the term loan facility by 0.5% per annum. The filing does not state the loan balance or the dollar savings, so the effect on shareholders is not quantified.
Eighth Amendment dated as of September 15, 2025, to the Credit Agreement dated August 27, 2018
Term loan facility interest rate reduced by 0.5% per annum
Barclays Bank PLC is administrative agent; full text filed as Exhibit 10.1
Ultra Clean Holdings said Jinsong (James) Xiao, most recently Corporate Vice President and General Manager at Applied Materials, will become CEO effective September 2, 2025, and will also join the Board. Clarence L. Granger, CEO since March 4, 2025, will step down as CEO on that date but remain non-executive Chairperson. The filing also discloses Xiao's pay package and promotes Christopher S. Cook to Chief Business Officer, which changes the company's top leadership and its executive compensation terms.
Xiao's offer letter sets a $710,000 base salary, a 105% target bonus, a $600,000 sign-on bonus, a $2,000,000 sign-on RSU grant and a $3,000,000 2025 annual equity grant, prorated to his start date
Granger has served as CEO since March 4, 2025 and will remain non-executive Chairperson of the Board
Cook, President of the Products Division since April 2022, becomes Chief Business Officer effective immediately, with salary raised to $595,000 and a $1,700,000 RSU award
Ultra Clean Holdings reported second-quarter 2025 revenue of $518.8 million, up from $516.1 million a year earlier, but posted a GAAP net loss of $162.0 million, or $(3.58) per diluted share, after a $151.1 million noncash goodwill impairment charge. On a non-GAAP basis the company reported net income of $12.1 million, or $0.27 per diluted share, and it guided third-quarter revenue to $480 million to $530 million.
Q2 2025 total revenue was $518.8 million, compared with $516.1 million in the year-earlier quarter.
GAAP net loss was $162.0 million, or $(3.58) per diluted share, versus net income of $19.1 million, or $0.42 per diluted share, a year earlier.
Non-GAAP net income was $12.1 million, or $0.27 per diluted share, in the quarter.
Third-quarter 2025 outlook: revenue of $480 million to $530 million; GAAP diluted loss of $(0.09) to $(0.29) per share; non-GAAP diluted income of $0.14 to $0.34 per share.
Ultra Clean Holdings said Services Division President Bill Bentinck will retire effective August 15, 2025, after a 40-year semiconductor career. Sam Johnson, who joined the company as Senior Vice President, Strategy, on March 21, 2025, will succeed him as head of the division on the same date.
Bill Bentinck retires as President, Services Division, effective August 15, 2025
Sam Johnson, 37, named head of Services Division, effective August 15, 2025
Johnson previously worked at Arcline Investment Management from December 2019 to March 2025
Filing does not state financial results or compensation terms for either executive
Ultra Clean Holdings reported first quarter 2025 results for the period ended March 28, 2025. Revenue was $518.6 million, up from $477.7 million a year earlier but down from $563.3 million in the prior quarter, and the company posted a GAAP diluted net loss of $(0.11) per share versus $0.36 of profit in the prior quarter. For the second quarter, it guided to revenue of $475 million to $525 million and a GAAP diluted loss of $(0.06) to $(0.26) per share, and its CEO cited softening customer demand late in the first quarter.
Q1 2025 revenue of $518.6 million, versus $477.7 million a year earlier and $563.3 million in the prior quarter
GAAP diluted EPS of $(0.11), versus $(0.21) a year earlier and $0.36 in the prior quarter
Non-GAAP diluted EPS of $0.28, versus $0.27 a year earlier
Q2 2025 outlook: revenue of $475 million to $525 million; GAAP diluted loss of $(0.06) to $(0.26) per share
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Ultra Clean Holdings filing is on SEC EDGAR ↗. 8-K briefs of other companies →