Himax Applied sciences, Inc. (NASDAQ: HIMX) reported regular fourth-quarter fiscal 2025 outcomes, with income progress, secure margins, and earnings on the excessive finish of firm steerage, because the semiconductor designer continued to lean on automotive and synthetic intelligence (AI) purposes to offset softer shopper electronics demand.
Internet income for the quarter reached $203.1 million, marking a 2.0% sequential improve and surpassing the corporate’s flat steerage. Gross margin stood at 30.4%, broadly consistent with expectations, whereas after-tax revenue totaled $6.3 million, equal to $0.036 per diluted American Depositary Share (ADS).
The efficiency mirrored disciplined price management and focused investments, even because the broader electronics market remained uneven. Income barely exceeded forecasts, demonstrating resilience in a difficult surroundings.
Section Efficiency
Massive show driver income climbed to $21.7 million, up 14.2% quarter over quarter, aided by rush orders for legacy TV and pocket book built-in circuits and restocking by panel makers. Gross sales from this class represented 10.7% of complete quarterly income.
In the meantime, the small and medium-sized show driver section generated $139.1 million, down modestly by 1.3% sequentially. Automotive driver gross sales throughout the section rose about 10%, supported by adoption of the corporate’s TDDI expertise throughout international prospects.
Non-driver merchandise delivered one other brilliant spot, with income growing 7.9% to $42.3 million, pushed primarily by greater timing controller shipments for projector and automotive purposes.
Regardless of continued softness in shopper electronics, automotive and AI-related makes use of confirmed comparatively stronger demand, underscoring the corporate’s rising publicity to structurally increasing expertise markets.
Full-Yr Overview
For fiscal 2025, Himax posted income of $832.2 million, representing an 8.2% year-over-year decline, whereas gross margin improved barely to 30.6%. Internet revenue attributable to shareholders got here in at $43.9 million, or $0.25 per diluted ADS, down from the prior 12 months as working earnings additionally fell amid persistent market headwinds.
Small and medium-sized drivers remained the dominant contributor, accounting for 69.1% of complete gross sales, whereas non-driver merchandise grew 7.0% 12 months over 12 months, signaling progress in diversification efforts.
Working bills edged up 1.1% to $210.2 million, largely because of greater tape-out and wage prices in addition to foreign money results.
Outlook and Technique
Wanting forward, the corporate expects first-quarter 2026 income to say no 2% to six% sequentially, with gross margin projected to stay flat to barely decrease. Administration anticipates the primary quarter will mark the 12 months’s trough, adopted by enhancing momentum supported by lean buyer inventories and new automotive tasks coming into mass manufacturing.
President and Chief Govt Officer Jordan Wu highlighted growth past conventional show built-in circuits into areas reminiscent of ultralow-power AI for endpoint gadgets, augmented-reality microdisplays, and co-packaged optics—applied sciences he mentioned carry “thrilling upside potential” within the coming years.
Total, Himax closed 2025 with secure profitability and enhancing product combine, positioning the corporate to capitalize on rising alternatives in automotive electronics and AI-enabled gadgets at the same time as macroeconomic uncertainty continues to weigh on elements of the semiconductor trade.
Himax Applied sciences, Inc. (NASDAQ: HIMX) reported regular fourth-quarter fiscal 2025 outcomes, with income progress, secure margins, and earnings on the excessive finish of firm steerage, because the semiconductor designer continued to lean on automotive and synthetic intelligence (AI) purposes to offset softer shopper electronics demand.
Internet income for the quarter reached $203.1 million, marking a 2.0% sequential improve and surpassing the corporate’s flat steerage. Gross margin stood at 30.4%, broadly consistent with expectations, whereas after-tax revenue totaled $6.3 million, equal to $0.036 per diluted American Depositary Share (ADS).
The efficiency mirrored disciplined price management and focused investments, even because the broader electronics market remained uneven. Income barely exceeded forecasts, demonstrating resilience in a difficult surroundings.
Section Efficiency
Massive show driver income climbed to $21.7 million, up 14.2% quarter over quarter, aided by rush orders for legacy TV and pocket book built-in circuits and restocking by panel makers. Gross sales from this class represented 10.7% of complete quarterly income.
In the meantime, the small and medium-sized show driver section generated $139.1 million, down modestly by 1.3% sequentially. Automotive driver gross sales throughout the section rose about 10%, supported by adoption of the corporate’s TDDI expertise throughout international prospects.
Non-driver merchandise delivered one other brilliant spot, with income growing 7.9% to $42.3 million, pushed primarily by greater timing controller shipments for projector and automotive purposes.
Regardless of continued softness in shopper electronics, automotive and AI-related makes use of confirmed comparatively stronger demand, underscoring the corporate’s rising publicity to structurally increasing expertise markets.
Full-Yr Overview
For fiscal 2025, Himax posted income of $832.2 million, representing an 8.2% year-over-year decline, whereas gross margin improved barely to 30.6%. Internet revenue attributable to shareholders got here in at $43.9 million, or $0.25 per diluted ADS, down from the prior 12 months as working earnings additionally fell amid persistent market headwinds.
Small and medium-sized drivers remained the dominant contributor, accounting for 69.1% of complete gross sales, whereas non-driver merchandise grew 7.0% 12 months over 12 months, signaling progress in diversification efforts.
Working bills edged up 1.1% to $210.2 million, largely because of greater tape-out and wage prices in addition to foreign money results.
Outlook and Technique
Wanting forward, the corporate expects first-quarter 2026 income to say no 2% to six% sequentially, with gross margin projected to stay flat to barely decrease. Administration anticipates the primary quarter will mark the 12 months’s trough, adopted by enhancing momentum supported by lean buyer inventories and new automotive tasks coming into mass manufacturing.
President and Chief Govt Officer Jordan Wu highlighted growth past conventional show built-in circuits into areas reminiscent of ultralow-power AI for endpoint gadgets, augmented-reality microdisplays, and co-packaged optics—applied sciences he mentioned carry “thrilling upside potential” within the coming years.
Total, Himax closed 2025 with secure profitability and enhancing product combine, positioning the corporate to capitalize on rising alternatives in automotive electronics and AI-enabled gadgets at the same time as macroeconomic uncertainty continues to weigh on elements of the semiconductor trade.
