Quarterly ResultMay 7, 2026, 06:25 AM
Himax Q1 2026 EPS 4.6 Cents, Exceeds Guidance; Q2 Revenue +10-13% QoQ
AI Summary
Himax Technologies announced Q1 2026 financial results, with diluted EPS of 4.6 cents, exceeding its guidance range of 2.0 to 4.0 cents. Revenues were $199.0 million, a slight sequential decline of 2.0%, reaching the high end of guidance, and gross margin was 30.4%, also at the high end. The company provided positive Q2 2026 guidance, expecting revenues to increase 10.0% to 13.0% QoQ, gross margin around 32%, and diluted EPS between 8.6 cents and 10.3 cents. Himax anticipates upward momentum through the remainder of 2026, driven by new automotive projects and growth in non-driver IC businesses like Tcon, WiseEye AI, smart glasses, and Co-Packaged Optics (CPO).
Key Highlights
- Q1 2026 diluted EPS was 4.6 cents, exceeding guidance of 2.0-4.0 cents.
- Q1 2026 revenues were $199.0 million, a 2.0% sequential decline, at high end of guidance.
- Q1 2026 gross margin reached 30.4%, at the high end of guidance.
- Q2 2026 revenue guidance is for a 10.0% to 13.0% QoQ increase.
- Q2 2026 diluted EPS guidance is 8.6 cents to 10.3 cents.
- Declared annual cash dividend of 25.2 cents per ADS, totaling $44 million.
- Cash, cash equivalents, and other financial assets totaled $287.6 million as of March 31, 2026.
- Investment in FOCI is a 5.36% equity stake, valued at US$156 million.