ICHR on Nasdaq
ICHOR HOLDINGS, LTD.
Semiconductors and related devices company based in George Town, Cayman Islands. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerICHR on Nasdaq2
- IndustrySemiconductors & Related Devices2
- HeadquartersGeorge Town, Cayman Islands2
- Incorporated inCayman Islands3
- Business address3185 Laurelview Ct., Fremont, Ca 945383
- Filer categoryLarge accelerated filer3
- Legal formcompany limited by shares2
- LEI529900PS8R2JVLJ2H8922
- StatusActive2
- LEI statusIssued and current2
- Registered addressC/O Maples Corporate Services Limited, KY1-1104 George Town, Cayman Islands2
- Registered withGeneral Registry, 2659392
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Unless expressly indicated or the context requires otherwise, the terms “Ichor,” “Company,” “we,” “us,” “our,” and similar terms in this Annual Report on Form 10-K refer to Ichor Holdings, Ltd. and its consolidated subsidiaries.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Regions
Singapore brought in 46% of the revenue ICHOR HOLDINGS, LTD. broke down this way in fiscal 2025.
Regions by year
| Regions | 2023 | 2024 | 2025 |
|---|---|---|---|
| Singapore | $318.8M | $353.2M | $431.5M |
| United States | $281.3M | $268.9M | $295.0M |
| Other Countries | $94.7M | $128.0M | $123.1M |
| Europe | $116.3M | $98.9M | $98.0M |
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue87¢$859.9M
- Research and development2¢$23.1M
- Selling, general and admin10¢$95.7M
- Income tax1¢$5.2M
Out of $947.7M in revenue.5 The company lost money this year.
Where each dollar of operating cash went, fiscal 2025
- Capital spending100¢$36.2M
Out of $29.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net sales | $947.7M | $849.0M | $811.1M |
| Cost of sales | $859.9M | $745.7M | $707.7M |
| Gross profit | $87.8M | $103.3M | $103.4M |
| Research and development | $23.1M | $23.0M | $20.2M |
| Selling, general, and administrative | $95.7M | $79.4M | $79.3M |
| Amortization of intangible assets | $8.3M | $8.6M | $14.7M |
| Total operating expenses | $127.0M | $111.0M | $114.3M |
| Operating loss | -$39.3M | -$7.6M | -$10.9M |
| Interest expense, net | $6.6M | $9.3M | $19.4M |
| Other expense, net | $1.7M | $1.1M | $804.0K |
| Loss before income taxes | -$47.6M | -$18.1M | -$31.1M |
| Income tax expense | $5.2M | $2.8M | $11.9M |
| Net loss | -$52.8M | -$20.8M | -$43.0M |
| Net income per share basic (in usd per share) | -$1.54 | -$0.64 | -$1.47 |
| Net income per share diluted (in usd per share) | -$1.54 | -$0.64 | -$1.47 |
| Shares used to compute net income per share, basic (in shares) | 34.2M shares | 32.8M shares | 29.2M shares |
| Shares used to compute net income per share, diluted (in shares) | 34.2M shares | 32.8M shares | 29.2M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $98.3M | $108.7M | ||
| Accounts receivable, net | $70.5M | $86.6M | ||
| Inventories | $231.8M | $250.1M | ||
| Prepaid expenses and other current assets | $9.5M | $7.2M | ||
| Total current assets | $410.1M | $452.6M | ||
| Property and equipment, net | $103.9M | $94.9M | ||
| Operating lease right-of-use assets | $35.0M | $44.5M | ||
| Other non-current assets | $13.6M | $15.2M | ||
| Deferred tax assets, net | $4.3M | $4.3M | ||
| Intangible assets, net | $40.4M | $48.7M | ||
| Goodwill | $335.4M | $335.4M | ||
| Total assets | $942.9M | $995.6M | ||
| Accounts payable | $84.0M | $91.7M | ||
| Accrued liabilities | $17.5M | $16.0M | ||
| Other current liabilities | $10.6M | $9.0M | ||
| Current portion of long-term debt | $6.2M | $7.5M | ||
| Current portion of lease liabilities | $11.2M | $11.5M | ||
| Total current liabilities | $129.6M | $135.7M | ||
| Long-term debt, less current portion, net | $117.3M | $121.0M | ||
| Lease liabilities, less current portion | $25.4M | $34.2M | ||
| Deferred tax liabilities, net | $2.0M | $1.6M | ||
| Other non-current liabilities | $4.8M | $4.8M | ||
| Total liabilities | $279.0M | $297.2M | ||
| Preferred shares ($0.0001 par value; 20,000,000 shares authorized; zero shares issued and outstanding) | $0 | $0 | ||
| Ordinary shares ($0.0001 par value; 200,000,000 shares authorized; 34,433,776 and 33,859,542 shares outstanding, respectively; 38,871,215 and 38,296,981 shares issued, respectively) | $3.0K | $3.0K | ||
| Additional paid in capital | $624.4M | $606.1M | ||
| Treasury shares at cost (4,437,439 shares) | -$91.6M | -$91.6M | ||
| Retained earnings | $131.1M | $183.9M | ||
| Total shareholders equity | $663.9M | $698.3M | $564.7M | $587.5M |
| Total liabilities and shareholders equity | $942.9M | $995.6M | ||
| Preferred shares, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred shares, authorized (in shares) | 20.0M shares | 20.0M shares | ||
| Preferred shares, issued (in shares) | 0 shares | 0 shares | ||
| Preferred shares, outstanding (in shares) | 0 shares | 0 shares | ||
| Ordinary shares, par value (in usd per share) | $0.00 | $0.00 | ||
| Ordinary shares, authorized (in shares) | 200.0M shares | 200.0M shares | ||
| Ordinary shares, issued (in shares) | 38.9M shares | 38.3M shares | ||
| Ordinary shares, outstanding (in shares) | 34.4M shares | 33.9M shares | ||
| Treasury shares (in shares) | 4.4M shares | 4.4M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Cash and cash equivalents | $98.3M | $108.7M | ||
| Accounts receivable, net | $70.5M | $86.6M | ||
| Inventories | $231.8M | $250.1M | ||
| Prepaid expenses and other current assets | $9.5M | $7.2M | ||
| Total current assets | $410.1M | $452.6M | ||
| Property and equipment, net | $103.9M | $94.9M | ||
| Operating lease right-of-use assets | $35.0M | $44.5M | ||
| Other non-current assets | $13.6M | $15.2M | ||
| Deferred tax assets, net | $4.3M | $4.3M | ||
| Intangible assets, net | $40.4M | $48.7M | ||
| Goodwill | $335.4M | $335.4M | ||
| Total assets | $942.9M | $995.6M | ||
| Accounts payable | $84.0M | $91.7M | ||
| Accrued liabilities | $17.5M | $16.0M | ||
| Other current liabilities | $10.6M | $9.0M | ||
| Current portion of long-term debt | $6.2M | $7.5M | ||
| Current portion of lease liabilities | $11.2M | $11.5M | ||
| Total current liabilities | $129.6M | $135.7M | ||
| Long-term debt, less current portion, net | $117.3M | $121.0M | ||
| Lease liabilities, less current portion | $25.4M | $34.2M | ||
| Deferred tax liabilities, net | $2.0M | $1.6M | ||
| Other non-current liabilities | $4.8M | $4.8M | ||
| Total liabilities | $279.0M | $297.2M | ||
| Preferred shares ($0.0001 par value; 20,000,000 shares authorized; zero shares issued and outstanding) | $0 | $0 | ||
| Ordinary shares ($0.0001 par value; 200,000,000 shares authorized; 34,433,776 and 33,859,542 shares outstanding, respectively; 38,871,215 and 38,296,981 shares issued, respectively) | $3.0K | $3.0K | ||
| Additional paid in capital | $624.4M | $606.1M | ||
| Treasury shares at cost (4,437,439 shares) | -$91.6M | -$91.6M | ||
| Retained earnings | $131.1M | $183.9M | ||
| Total shareholders equity | $663.9M | $698.3M | $564.7M | $587.5M |
| Total liabilities and shareholders equity | $942.9M | $995.6M | ||
| Preferred shares, par value (in usd per share) | $0.00 | $0.00 | ||
| Preferred shares, authorized (in shares) | 20.0M shares | 20.0M shares | ||
| Preferred shares, issued (in shares) | 0 shares | 0 shares | ||
| Preferred shares, outstanding (in shares) | 0 shares | 0 shares | ||
| Ordinary shares, par value (in usd per share) | $0.00 | $0.00 | ||
| Ordinary shares, authorized (in shares) | 200.0M shares | 200.0M shares | ||
| Ordinary shares, issued (in shares) | 38.9M shares | 38.3M shares | ||
| Ordinary shares, outstanding (in shares) | 34.4M shares | 33.9M shares | ||
| Treasury shares (in shares) | 4.4M shares | 4.4M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | -$52.8M | -$20.8M | -$43.0M |
| Depreciation and amortization | $33.5M | $30.7M | $34.6M |
| Inventory Impairment | $19.8M | $0 | $0 |
| Share-based compensation | $16.7M | $15.6M | $17.3M |
| Impairment of lease right-of-use assets | $2.2M | $0 | $0 |
| Deferred income taxes | $385.0K | -$782.0K | $9.3M |
| Loss on disposal of equipment | $475.0K | $0 | $0 |
| Amortization of debt issuance costs | $426.0K | $465.0K | $465.0K |
| Loss on extinguishment of debt | $169.0K | $0 | $0 |
| Accounts receivable, net | $16.1M | -$19.9M | $69.6M |
| Inventories | -$1.5M | -$4.2M | $37.8M |
| Prepaid expenses and other assets | $7.9M | $2.3M | $10.2M |
| Accounts payable | -$6.4M | $29.1M | -$51.0M |
| Accrued liabilities | $1.6M | $929.0K | -$9.8M |
| Other liabilities | -$8.7M | -$5.6M | -$17.9M |
| Net cash provided by operating activities | $29.9M | $27.9M | $57.6M |
| Capital expenditures | -$36.2M | -$17.6M | -$15.5M |
| Net cash used in investing activities | -$36.2M | -$17.6M | -$15.5M |
| Issuance of ordinary shares, net of fees | $0 | $136.7M | $0 |
| Issuance of ordinary shares under share-based compensation plans | $5.6M | $7.8M | $7.5M |
| Employees' taxes paid upon vesting of restricted share units | -$4.1M | -$5.4M | -$3.7M |
| Debt issuance and modification costs | -$1.2M | $0 | $0 |
| Repayments on revolving credit facility | $0 | -$115.0M | -$45.0M |
| Proceeds from term loan | $57.0M | $0 | $0 |
| Repayments on term loan | -$61.4M | -$5.6M | -$7.5M |
| Net cash provided by (used in) financing activities | -$4.1M | $18.5M | -$48.7M |
| Net increase (decrease) in cash | -$10.4M | $28.7M | -$6.5M |
| Cash paid during the period for interest | $8.5M | $11.7M | $20.4M |
| Cash paid during the period for taxes, net of refunds | $3.0M | $3.3M | $3.9M |
| Capital expenditures included in accounts payable | $3.6M | $5.0M | $625.0K |
| Right-of-use assets obtained in exchange for new operating lease liabilities, including those acquired through acquisitions | $1.3M | $16.4M | $4.8M |
No quarter-by-quarter statement was filed.
Leadership
Who has led ICHOR HOLDINGS, LTD., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerPhilip Ryan Barros Sr. Dec 3, 2025 to now13
- Chief executive officerJeff Andreson May 14, 2021 to Dec 3, 202514
- Chief executive officerThomas M. Rohrs Dec 8, 2016 to Jan 10, 202015
- ChairThomas M. Rohrs Aug 15, 2017 to Jan 10, 202016
- PresidentJeff Andreson Jan 10, 2020 to Jan 10, 202017
- PresidentMaurice Eugene Carson Jun 9, 2017 to Dec 4, 201718
- Chief financial officerGreg Swyt Aug 31, 2023 to now19
- Chief financial officerLarry J. Sparks Oct 11, 2019 to May 22, 202320
- Chief financial officerJeff Andreson Jan 8, 2018 to May 20, 201921
- Chief financial officerMaurice Eugene Carson Jun 9, 2017 to Dec 4, 201718
- Chief operating officerPaul Chhabra May 16, 2022 to May 16, 202222
- Chief operating officerBruce Ragsdale Dec 19, 2022 to now23
- Chief operating officerKevin M. Canty Sep 6, 2017 to Jan 28, 202224
Board members and other officers (17)
- OfficerMaurice Eugene Carson Dec 8, 2016 to Aug 9, 201725
- Chief Technology OfficerPhilip Ryan Barros Sr. Dec 8, 2016 to now26
- Board memberPhilip Ryan Barros Sr. Dec 3, 2025 to now13
- Board memberJorge Titinger Jun 13, 2022 to now27
- Board memberJeff Andreson May 14, 2021 to now14
- Board memberYuval Wasserman May 20, 2021 to now28
- Board memberWendy Arienzo Feb 19, 2020 to now29
- Board memberSarah A. O'Dowd May 14, 2020 to May 17, 202430
- Board memberLaura A. Black Feb 19, 2019 to now31
- Board memberJohn H. Kispert Nov 13, 2018 to now32
- Board memberMarc Haugen Sep 12, 2017 to now33
- Board memberAndrew Kowal Dec 8, 2016 to Aug 29, 201934
- Board memberDipanjan Deb Dec 8, 2016 to Mar 15, 201835
- Board memberIain Mackenzie Dec 8, 2016 to now36
- Board memberJohn Chenault Dec 8, 2016 to Aug 16, 201837
- Board memberMaurice Eugene Carson Dec 8, 2016 to Dec 4, 201725
- Board memberThomas M. Rohrs Dec 8, 2016 to now15
Timeline
Filings
320 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 45 major events, 153 insider forms, 40 large holders, 62 other. The latest 20:
- Oct 5, 20264 EDGAR
- Oct 5, 20264 EDGAR
- Oct 2, 2026144 EDGAR
- Oct 2, 2026144 EDGAR
- Sep 16, 20264 EDGAR
- Sep 15, 2026144 EDGAR
- Sep 8, 2026144 EDGAR
- Sep 8, 20264 EDGAR
- Sep 1, 20264 EDGAR
- Sep 1, 2026144 EDGAR
- Sep 1, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 20, 20264 EDGAR
- Aug 19, 2026144 EDGAR
- Aug 18, 2026144 EDGAR
- Aug 13, 2026SCHEDULE 13G/A EDGAR
- Aug 12, 2026SCHEDULE 13G EDGAR
- Aug 12, 2026SCHEDULE 13G EDGAR
The 320 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
49 open-market trades by officers, directors and large owners since October 2021: 9 buys and 40 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 15, 2026 | MacKenzie IainDirector | Sale | 20,000 | $50.66 | $1.0M | Form 4 |
| Sep 8, 2026 | Swyt GregChief Financial Officer | Sale | 2,068 | $58.02 | $120.0K | Form 4 |
| Sep 1, 2026 | RAGSDALE BRUCEChief Operating Officer | Sale | 10,587 | $51.93 | $549.8K | Form 4 |
| Aug 19, 2026 | BARROS PHILIP RYAN SR.Chief Executive Officer | Sale | 1,314 | $61.88 | $81.3K | Form 4 |
| Aug 18, 2026 | MacKenzie IainDirector | Sale | 9,933 | $65.76 | $653.2K | Form 4 |
| Jun 8, 2026 | Swyt GregChief Financial Officer | Sale | 6,820 | $66.81 | $455.6K | Form 4 |
| Jun 4, 2026 | BARROS PHILIP RYAN SR.Chief Executive Officer | Sale | 13,705 | $70.19 | $962.0K | Form 4 |
| Jun 2, 2026 | Black Laura A.Director | Sale | 20,000 | $75.02 | $1.5M | Form 4 |
| May 28, 2026 | Swyt GregChief Financial Officer | Sale | 19,662 | $70.42 | $1.4M | Form 4 |
| May 19, 2026 | Titinger JorgeDirector | Sale | 4,000 | $64.21 | $256.8K | Form 4 |
| May 13, 2026 | Haugen MarcDirector | Sale | 5,337 | $75.63 | $403.6K | Form 4 |
| May 8, 2026 | Haugen MarcDirector | Sale | 9,923 | $72.11 | $715.6K | Form 4 |
| Feb 26, 2026 | BARROS PHILIP RYAN SR.Chief Executive Officer | Sale | 21,000 | $46.63 | $979.2K | Form 4 |
| Feb 24, 2026 | Swyt GregChief Financial Officer | Sale | 3,000 | $51.20 | $153.6K | Form 4 |
| Feb 23, 2026 | RAGSDALE BRUCEChief Operating Officer | Sale | 21,276 | $49.66 | $1.1M | Form 4 |
| Feb 23, 2026 | Haugen MarcDirector | Sale | 19,875 | $49.71 | $988.0K | Form 4 |
| Feb 23, 2026 | Titinger JorgeDirector | Sale | 1,200 | $50.11 | $60.1K | Form 4 |
| Feb 12, 2026 | ROHRS THOMAS MDirector | Sale | 53,908 | $45.48 | $2.5M | Form 4 |
| Nov 17, 2025 | MacKenzie IainDirector | Buy | 10,000 | $14.53 | $145.3K | Form 4 |
| Nov 6, 2025 | MacKenzie IainDirector | Buy | 10,000 | $15.28 | $152.8K | Form 4 |
All 49 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- InvescoSCHEDULE 13G/A, 3 filings Feb 12, 2026 to Aug 13, 202638
- BARROW HANLEY MEWHINNEY & STRAUSS LLCSCHEDULE 13G, 3 filings Feb 11, 2026 to Aug 12, 202639
- Capital International InvestorsSCHEDULE 13G, 1 filing Aug 12, 202640
- VANGUARD CAPITAL MANAGEMENT LLCSCHEDULE 13G, 1 filing Jul 31, 202641
- VANGUARD PORTFOLIO MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Apr 29, 2026 to Jul 31, 202642
- VANGUARD GROUP INCSCHEDULE 13G/A, 4 filings Feb 10, 2022 to Mar 27, 202643
- MACQUARIE GROUP LTDSCHEDULE 13G/A, 3 filings Feb 7, 2025 to Nov 13, 202544
- Wellington Management CompanySCHEDULE 13G/A, 2 filings Aug 12, 2025 to Nov 12, 202545
- DIMENSIONAL FUND ADVISORS LPSCHEDULE 13G/A, 4 filings Feb 9, 2024 to Oct 9, 202546
- Swedbank Robur Fonder ABSCHEDULE 13G/A, 5 filings Mar 18, 2022 to Nov 12, 202447
- FMR LLCSC 13G/A, 5 filings Feb 9, 2022 to Aug 12, 202448
Members of Congress who traded it
3 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Jun 17, 2026 | Debbie Wasserman SchultzDemocratic, House | Sale | $2,722 | +52.0% | Report |
| Aug 5, 2025 | Debbie Wasserman SchultzDemocratic, House | Buy | $1,001 - $15,000 | +208.9% | Report |
| Jul 12, 2023 | Daniel S. GoldmanDemocratic, House | Sale | $1,001 - $15,000 | +36.2% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 16SEC EDGARThomas M. Rohrs, Chair
- 17SEC EDGARJeff Andreson, President
- 18SEC EDGARMaurice Eugene Carson, President
- 19SEC EDGARGreg Swyt, Chief financial officer
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- 25SEC EDGARMaurice Eugene Carson, Officer
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- 27SEC EDGARJorge Titinger, Board member
- 28SEC EDGARYuval Wasserman, Board member
- 29SEC EDGARWendy Arienzo, Board member
- 30SEC EDGARSarah A. O'Dowd, Board member
- 31SEC EDGARLaura A. Black, Board member
- 32SEC EDGARJohn H. Kispert, Board member
- 33SEC EDGARMarc Haugen, Board member
- 34SEC EDGARAndrew Kowal, Board member
- 35SEC EDGARDipanjan Deb, Board member
- 36SEC EDGARIain Mackenzie, Board member
- 37SEC EDGARJohn Chenault, Board member
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