Quarterly ResultMay 7, 2026, 06:32 AM
Himax Q1 EPS $0.046, Revenue $199M; Q2 Guidance Positive
AI Summary
Himax Technologies reported Q1 2026 financial results with revenues of $199.0 million, a slight sequential decline of 2.0%, reaching the high end of its guidance. The company's after-tax profit was $8.0 million, or $0.046 per diluted ADS, exceeding the guidance range. Himax provided positive Q2 2026 guidance, expecting revenues to increase 10.0% to 13.0% quarter-over-quarter, gross margin around 32%, and diluted EPS between $0.086 and $0.103. The company anticipates upward momentum through the remainder of 2026, driven by new automotive projects and growth in non-driver IC businesses like Tcon, WiseEye AI, and AR glasses, alongside progress in Co-Packaged Optics.
Key Highlights
- Q1 2026 revenues were $199.0 million, a 2.0% sequential decline.
- Q1 2026 after-tax profit was $8.0 million, or $0.046 per diluted ADS.
- Q1 2026 gross margin reached 30.4%.
- Q2 2026 revenue guidance: increase 10.0% to 13.0% QoQ.
- Q2 2026 diluted EPS guidance: $0.086 to $0.103.
- Q2 2026 gross margin guidance: around 32%.
- Cash, cash equivalents, and other financial assets: $287.6 million as of March 31, 2026.
- Declared annual cash dividend of $0.252 per ADS, totaling $44 million.
Price Impact
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