---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-019265"
form_type: "8-K"
ticker: "ICHR"
cik: "0001652535"
company_name: "ICHOR HOLDINGS, LTD."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:44:51.039353+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Ichor Q1 revenue $293M (+11% YoY) but GAAP EPS falls to $0.28 from $0.51 QoQ; cash used $36M

## Summary
- Revenue $293.1M (+11% YoY, +2% QoQ); GAAP net income $8.0M ($0.28 diluted EPS).
- Non-GAAP diluted EPS $0.70, down from $0.90 in Q4 2021 and $0.76 in Q1 2021.
- Gross margin 15% GAAP / 16% non-GAAP, pressured by labor hiring and freight costs.
- Cash flow: $36.3M used in operations; inventories rose $27.7M to support demand.
- Q2 outlook: revenue $290M-$330M, non-GAAP EPS $0.68-$0.94.

## SEC filing metadata
- accession: 0001564590-22-019265
- form_type: 8-K
- ticker: ICHR
- cik: 0001652535
- company_name: ICHOR HOLDINGS, LTD.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1652535/000156459022019265/0001564590-22-019265-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1652535/000156459022019265/ichr-8k_20220510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-019265
- JSON: https://secwatch.observer/filing/0001564590-22-019265.json
- Plain text: https://secwatch.observer/filing/0001564590-22-019265.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.