Ichor Holdings (ICHR) Gross Margin (2016 - 2026)
Ichor Holdings' Gross Margin was 15.83% in Q3 2026, up 11.21 percentage points from 4.63% a year earlier and up 1.93 percentage points from the prior quarter.
Ichor Holdings (ICHR) Gross Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Ichor Holdings' Gross Margin was 13.26% through Sep 25, 2026, up 3.46 percentage points year-over-year; for FY2025, it came in at 9.26%, down 2.91 percentage points from FY2024.
- Gross Margin has now declined for three consecutive years, with a five-year change of -4.40 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 12.17% in FY2024 (-0.58 pp), 12.75% in FY2023 (-3.80 pp), 16.55% in FY2022 (+0.37 pp) and 16.18% in FY2021 (+2.52 pp).
- The Q3 2026 figure marks the highest quarterly Gross Margin since Q4 2022.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of +0.57 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q3 2026 (a gain of 11.21 percentage points); the worst was Q3 2025 (a drop of 8.54 percentage points).
- Per Business Quant data, ICHR's Gross Margin in the three quarters before Q3 2026 was 13.90% (Q2 2026), 12.60% (Q1 2026) and 9.38% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 253.27 Bn | 224.57 Bn | 7.35 Bn | 35.54% |
| 2 | Deere | 178.91 Bn | 187.67 Bn | 4.66 Bn | 36.94% |
| 3 | Amphenol | 176.82 Bn | 171.66 Bn | 4.02 Bn | 39.26% |
| 4 | Eaton | 126.90 Bn | 123.88 Bn | 3.11 Bn | 34.70% |
| 5 | Parker-Hannifin | 112.58 Bn | 110.57 Bn | 2.26 Bn | 37.73% |
| 6 | 3M | 97.01 Bn | 79.42 Bn | 2.78 Bn | 42.27% |
| 7 | Emerson Electric | 90.65 Bn | 83.40 Bn | 2.66 Bn | 54.48% |
| 8 | Illinois Tool Works | 81.12 Bn | 77.79 Bn | 1.91 Bn | 45.09% |
| 9 | Vertiv Holdings | 68.02 Bn | 56.87 Bn | 1.64 Bn | 38.11% |
| 10 | Ichor Holdings | 1.05 Bn | 395.01 Mn | 52.05 Mn | 15.83% |
Historic Data
| Date | Value |
|---|---|
| Sep 25, 2026 | 15.83% |
| Jun 26, 2026 | 13.90% |
| Mar 27, 2026 | 12.60% |
| Dec 26, 2025 | 9.38% |
| Sep 26, 2025 | 4.63% |
| Jun 27, 2025 | 11.32% |
| Mar 28, 2025 | 11.67% |
| Dec 27, 2024 | 11.57% |
| Sep 27, 2024 | 13.16% |
| Jun 28, 2024 | 12.58% |
| Mar 29, 2024 | 11.42% |
| Dec 29, 2023 | 10.00% |
| Sep 29, 2023 | 12.23% |
| Jun 30, 2023 | 13.91% |
| Mar 31, 2023 | 14.72% |
| Dec 30, 2022 | 16.21% |
| Sep 30, 2022 | 17.87% |
| Jun 30, 2022 | 16.83% |
| Mar 31, 2022 | 14.99% |
| Dec 31, 2021 | 16.36% |
Ichor Holdings Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ICHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ICHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ICHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();