Quarterly ResultAug 6, 2026, 05:07 AM
Himax Q2 Revenue $227.4M, EPS $0.114 Beat Guidance; Q3 Outlook Strong
AI Summary
Himax Technologies reported strong Q2 2026 financial results, with revenues of $227.4 million, gross margin of 33.1%, and diluted EPS of $0.114, all exceeding previous guidance. The company provided an optimistic Q3 2026 outlook, projecting revenues to increase by 7-11% QoQ, gross margin around 34%, and diluted EPS between $0.080 and $0.100. Himax also announced a proposed divestment expected to yield a pre-tax gain of $23-24 million and highlighted strong growth in automotive ICs, smart glasses, and CPO products.
Key Highlights
- Q2 2026 revenues reached $227.4 million, a 14.2% sequential increase, exceeding guidance.
- Q2 2026 gross margin was 33.1%, substantially exceeding the guidance of around 32%.
- Q2 2026 diluted EPS was $0.114, surpassing the guidance range of $0.086 to $0.103.
- Q3 2026 revenue is guided to increase 7% to 11% QoQ, with gross margin around 34%.
- Q3 2026 diluted EPS guidance is $0.080 to $0.100.
- Proposed divestment expected to generate a pre-tax gain of $23-24 million in Q4 2026.
- Full-year 2026 automotive IC sales are projected to grow by double digits YoY.
- CPO products began engineering production ramps in Q3, with meaningful financial contribution starting in 2027.
Price Impact
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