BE Semiconductor Industries (BESI) Trading Update summary

Order performance

• Preliminary Q4-25 orders reached approximately €250 million, up 43% from Q3-25 and 105% from Q4-24.

• Second half 2025 orders totaled about €425 million, a 63% increase over the first half of 2025.

Drivers of order growth

• Q4-25 order strength driven by increased bookings from Asian subcontractors for 2.5D data center applications.

• Renewed capacity purchases by leading photonics customers contributed to growth.

• Anticipated hybrid bonding orders were received during the quarter.

Financial outlook

• Revenue, gross margin, and operating expenses for Q4-25 are expected at the favorable end of prior guidance.

• Full Q4 and FY 2025 results will be reported on February 19, 2026.