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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.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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