What matters

Ichor Holdings reported third-quarter 2026 revenue of $328.7 million and net income of $20.9 million in its November 2 announcement. Its fourth-quarter revenue forecast is above the third-quarter result across the stated range, while its GAAP diluted earnings-per-share forecast spans values below and above the third-quarter result.

Verified facts

  • Ichor Holdings announced its third-quarter 2026 financial results on November 2, 2026.
  • The company reported revenue of $328.7 million for the third quarter of 2026.
  • Ichor reported third-quarter 2026 net income of $20.9 million and diluted earnings per share of $0.55 under U.S. generally accepted accounting principles, or GAAP.
  • For the fourth quarter of 2026, Ichor forecast revenue of $345 million to $365 million, with a midpoint of $355 million. These figures are the company's outlook, not reported results.
  • Ichor forecast fourth-quarter 2026 GAAP diluted earnings per share of $0.50 to $0.60, with a midpoint of $0.55.
  • The company said its fourth-quarter non-GAAP diluted earnings-per-share outlook excludes approximately $1.9 million in intangible-asset amortization and $4.0 million in share-based compensation expense, along with the related income-tax effects.

Analysis

Release scope: The announcement separates third-quarter results from fourth-quarter expectations. The $355 million revenue midpoint exceeds reported third-quarter revenue, while the $0.55 GAAP diluted earnings-per-share midpoint equals the third-quarter result. The exclusions described for the non-GAAP outlook concern a different accounting measure and should not be read as adjustments to the stated GAAP forecast.

Editorial opinion

VERXERA opinion: The release supports a measured conclusion: Ichor expects higher fourth-quarter revenue, not an across-the-board increase in reported earnings per share. Third-quarter 2026 revenue of $328.7 million sits below the company's fourth-quarter range of $345 million to $365 million. At the same time, its $0.55 GAAP diluted earnings per share for the third quarter matches the fourth-quarter forecast midpoint, within a $0.50–$0.60 range. That distinction matters because the revenue outlook and the earnings outlook describe different dimensions of expected performance. The strongest limitation is that fourth-quarter figures remain forecasts, while the non-GAAP outlook excludes specified expenses. Deeper reading of the release is worthwhile for readers comparing accounting measures or assessing the forecast's boundaries, rather than treating expected revenue growth as an assured earnings increase.

This is VERXERA’s editorial interpretation, separated from the facts and analysis above. The reader keeps the final judgment.

Counterevidence and limits

This report rests on Ichor's earnings announcement; the results and forecasts are the company's statements.

Known uncertainties

Whether fourth-quarter 2026 revenue and GAAP diluted earnings per share will fall within the announced ranges remains unknown.