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Himax Technologies (HIMX) investor relations material

Himax Technologies Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary6 Nov, 2025

Executive summary

  • Q3 2025 revenue was $199.2 million, down 7.3% sequentially but better than guidance, driven by strong automotive IC and T-CON sales.

  • Gross margin for Q3 2025 was 30.2%, in line with guidance; EPS was $0.006 per diluted ADS, beating expectations.

  • Automotive business remained the largest revenue contributor, accounting for over 50% of total revenues, with resilient demand for TDDI and T-CON technologies.

  • WiseEye AI and smart glasses businesses are entering rapid growth, expected to become key growth engines.

  • FY2024 revenue was $906.8 million, down 4.1% year-over-year, but profit rose 57.6% to $79.8 million, with EPS up 57.4% to $0.456.

Financial highlights

  • Q3 2025 gross margin: 30.2%; EPS: $0.006 per diluted ADS; after-tax profit: $1.1 million.

  • Operating loss for Q3 2025 was $0.6 million (operating margin -0.3%), mainly due to higher employee bonuses.

  • Cash and equivalents at quarter end: $278.2 million, down from $332.8 million last quarter due to dividend and bonus payouts.

  • Operating cash inflow: $6.7 million, down from $16.5 million prior quarter.

  • FY2024 OPEX declined 5.6% year-over-year due to strict cost controls and lower employee bonus compensation.

Outlook and guidance

  • Q4 2025 revenue expected to be flat sequentially, with gross margin flat to slightly up depending on product mix.

  • Q4 2025 profit per diluted ADS estimated at $0.02–$0.04.

  • Automotive driver IC sales projected to grow single-digit year-over-year in 2025.

  • WiseEye and AR/AI smart glasses revenues projected to grow substantially over the next few years.

  • CPO business expected to see meaningful revenue contribution starting 2027, with mass production in 2028.

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Frequently asked questions

Himax Technologies Inc. (NASDAQ: HIMX) is a fabless semiconductor company specializing in display imaging processing technologies. The company designs and supplies a wide range of semiconductor solutions, including display driver integrated circuits (ICs) and timing controllers for various consumer electronics such as TVs, laptops, monitors, mobile phones, tablets, automotive applications, digital cameras, car navigation systems, and virtual reality (VR) devices. Beyond these, Himax also focuses on advanced technologies like touch sensor displays, in-cell Touch and Display Driver Integration (TDDI) single-chip solutions, AMOLED ICs, LED driver ICs, power management ICs, LCoS micro-displays for augmented reality (AR) devices, heads-up displays (HUD) for automotive, CMOS image sensors, wafer level optics, 3D Sensing, and ultralow power AI Image Sensing. These products find applications across a broad spectrum of industries, including mobile phones, tablets, laptops, televisions, PC cameras, automobiles, security, medical devices, home appliances, and various AIoT devices. The company is headquartered in Tainan, Taiwan, and its shares are listed on the NASDAQ.

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