Ichor Holdings Q3 2025 Revenue Guidance: $225M-$245M Amidst Hiring, Margin Pressure, and CEO Transition

Ichor Holdings has guided Q3 2025 revenue between $225M-$245M, amidst hiring, margin pressure, and CEO transition. The company's CEO, Jeffrey Andreson, announced his succession plans during the Q2 2025 earnings call. Ichor is navigating challenges in the semiconductor industry while preparing for a leadership change.

Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment, has guided its Q3 2025 revenue between $225 million and $245 million. The company's CEO, Jeffrey S. Andreson, announced his succession plans during the Q2 2025 earnings call. Ichor is navigating challenges in the semiconductor industry while preparing for a leadership change.

In the second quarter of 2025, Ichor reported revenues of $240.3 million, up 18.4% year-over-year, and gross margin of 12.5%. However, the company faced hiring challenges that limited its ability to achieve the expected ramp of machine components, resulting in a lower-than-expected gross margin. CEO Jeffrey Andreson highlighted the impact of these challenges, stating that "if not for the hiring challenges we experienced starting halfway through the quarter, which limited our output of machine components, today we would have been announcing Q2 gross margins of over 13%."

Andreson also announced that the company expects its Q3 gross margins to be between 12.5% and 13.5%, with anticipated revenues in the range of $225 million to $245 million. The company's CFO, Gregory F. Swyt, provided the revenue guidance, noting that it remains in the same range as the previously provided Q2 guidance.

The CEO succession plan involves Andreson remaining CEO until his successor is identified and then continuing as a strategic adviser. This transition is part of the company's broader strategy to navigate the challenges in the semiconductor industry and prepare for future growth.

Ichor's revenue guidance for Q3 2025 reflects the company's ongoing efforts to manage hiring challenges and margin pressure. The company's focus on internal supply and cost reductions will be key to achieving its revenue and margin targets. As Ichor continues to navigate these challenges, investors and financial professionals will closely monitor the company's progress and the successful implementation of its leadership transition.

References:
[1] https://seekingalpha.com/news/4477922-ichor-holdings-non-gaap-eps-of-0_03-misses-by-0_11-revenue-of-240_3m-beats-by-5_79m
[2] https://www.barchart.com/story/news/33865205/ichor-announces-ceo-succession-plan
[3] https://seekingalpha.com/news/4478043-ichor-outlines-q3-2025-revenue-guidance-of-225m-245m-while-navigating-hiring-margin-pressure