Ultra Clean Holdings, Inc. Segments Disclosure
| Segment | Product or Services | Primary Markets Served | Geographic Areas | |||||||||||||||||
| Products | Assembly Weldments Machining Fabrication | Semiconductor | Americas Asia Pacific EMEA | |||||||||||||||||
| Services | Cleaning Coating Analytics | Semiconductor | Americas Asia Pacific EMEA | |||||||||||||||||
| Year Ended | |||||||||||||||||
| (In millions) | December 26, 2025 | December 27, 2024 | December 29, 2023 | ||||||||||||||
| Revenues: | |||||||||||||||||
| Products | $ | 1,799.3 | $ | 1,853.7 | $ | 1,501.6 | |||||||||||
| Services | 254.7 | 243.9 | 232.9 | ||||||||||||||
| Total segment revenues | $ | 2,054.0 | $ | 2,097.6 | $ | 1,734.5 | |||||||||||
| Cost of revenues: | |||||||||||||||||
| Products | $ | 1,547.0 | $ | 1,569.7 | $ | 1,290.5 | |||||||||||
| Services | 184.1 | 171.6 | 166.7 | ||||||||||||||
| Total segment cost of revenues | $ | 1,731.1 | $ | 1,741.3 | $ | 1,457.2 | |||||||||||
| Operating expenses: | |||||||||||||||||
| Products | |||||||||||||||||
| Research and development | $ | 21.3 | $ | 18.8 | $ | 17.8 | |||||||||||
| Sales and marketing | 48.1 | 46.7 | 41.4 | ||||||||||||||
| General and administrative | 151.5 | 139.1 | 122.0 | ||||||||||||||
| Impairment of goodwill | 77.6 | — | — | ||||||||||||||
| Total Products operating expenses | $ | 298.5 | $ | 204.6 | $ | 181.2 | |||||||||||
| Services | |||||||||||||||||
| Research and development | $ | 10.7 | $ | 9.5 | $ | 10.5 | |||||||||||
| Sales and marketing | 13.1 | 10.6 | 10.4 | ||||||||||||||
| General and administrative | 34.5 | 40.4 | 40.0 | ||||||||||||||
| Impairment of goodwill | 73.5 | — | — | ||||||||||||||
| Total Services operating expenses | 131.8 | 60.5 | 60.9 | ||||||||||||||
| Total segment operating expenses | $ | 430.3 | $ | 265.1 | $ | 242.1 | |||||||||||
| Segment operating profit: | |||||||||||||||||
| Products | $ | (46.2) | $ | 79.4 | $ | 29.9 | |||||||||||
| Services | (61.2) | 11.8 | 5.3 | ||||||||||||||
| Total segment operating profit | $ | (107.4) | $ | 91.2 | $ | 35.2 | |||||||||||
| Reconciliation of segment operating profit: | |||||||||||||||||
| Total segment operating profit | $ | (107.4) | $ | 91.2 | $ | 35.2 | |||||||||||
| Interest income | 3.9 | 4.8 | 4.1 | ||||||||||||||
| Interest expense | (38.3) | (46.5) | (48.8) | ||||||||||||||
| Other income (expense), net | (3.9) | 17.7 | (1.8) | ||||||||||||||
| Income (loss) before provision for income taxes | $ | (145.7) | $ | 67.2 | $ | (11.3) | |||||||||||
| Expenditures for segment property, plant and equipment | |||||||||||||||||
| Products | $ | 31.7 | $ | 40.4 | $ | 62.4 | |||||||||||
| Services | 18.6 | 23.1 | 13.4 | ||||||||||||||
| Total expenditures for segment assets | $ | 50.3 | $ | 63.5 | $ | 75.8 | |||||||||||
| Depreciation and amortization | |||||||||||||||||
| Products | $ | 50.7 | $ | 51.3 | $ | 36.4 | |||||||||||
| Services | 25.3 | 24.8 | 25.3 | ||||||||||||||
| Total depreciation and amortization | $ | 76.0 | $ | 76.1 | $ | 61.7 | |||||||||||
| (In millions) | December 26, 2025 | December 27, 2024 | |||||||||||||||
| Assets | |||||||||||||||||
| Products | $ | 1,446.0 | $ | 1,657.0 | |||||||||||||
| Services | 283.0 | 262.9 | |||||||||||||||
| Total segment assets | $ | 1,729.0 | $ | 1,919.9 | |||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 23, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Mar 6, 2024 | |
| 2022 | Feb 28, 2023 | |
| 2021 | Mar 1, 2022 | |
| 2020 | Feb 23, 2021 | |
| 2019 | Mar 11, 2020 | |
| 2015 | Mar 9, 2016 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.