Quarterly ResultAug 6, 2026, 06:21 AM
Himax Q2 Revenue $227.4M, EPS $0.114 Beat Guidance; Q3 Rev +7-11%
AI Summary
Himax Technologies reported strong second-quarter 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 optimistic third-quarter 2026 guidance, expecting revenues to increase 7% to 11% sequentially, gross margin around 34%, and diluted EPS between $0.080 and $0.100. Himax highlighted robust growth in automotive IC sales, progress in smart glasses with a leading global brand launch, and significant advancements in Co-Packaged Optics (CPO) products.
Key Highlights
- Q2 2026 revenues were $227.4 million, a 14.2% sequential increase, exceeding guidance of 10-13%.
- Q2 gross margin reached 33.1%, substantially exceeding guidance of around 32%.
- Q2 diluted EPS was $0.114, exceeding guidance of $0.086 to $0.103.
- Q3 2026 revenue guidance is for a 7% to 11% sequential increase.
- Q3 2026 gross margin guidance is around 34%.
- Q3 2026 diluted EPS guidance is $0.080 to $0.100.
- Automotive IC sales are expected to grow double digits YoY for full-year 2026.
- Company expects a pre-tax gain of $23-24 million from a divestment in Q4 2026.
Price Impact
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