Micro-Mechanics (5DD) Q3 2026 earnings summary

Executive summary

• Revenue for 9MFY2026 grew 11.2% year-over-year to S$53.9 million, with 3QFY2026 revenue up 16.2% to S$18.6 million, driven by strong demand in consumable tools and recovery in the WFE segment.

• Net profit for 9MFY2026 increased 15.5% year-over-year to S$10.6 million, with 3QFY2026 net profit up 18.8% to S$3.8 million.

• Gross profit margin improved to 51.6% in 3QFY2026, reflecting enhanced customer engagement and manufacturing processes.

• Maintained a strong net cash position with S$25.7 million in cash and no borrowings as of 31 March 2026.

• Focus remains on operational resilience, customer support, and supply chain localization amid global uncertainties.

Financial highlights

• 3QFY2026 revenue: S$18.6 million (+16.2% YoY); 9MFY2026: S$53.9 million (+11.2% YoY).

• 3QFY2026 net profit: S$3.8 million (+18.8% YoY); 9MFY2026: S$10.6 million (+15.5% YoY).

• Gross profit margin for 3QFY2026: 51.6% (up from 50.5% in 3QFY2025).

• EBITDA for 3QFY2026: S$6.7 million (+16.5% YoY); EBITDA margin: 35.9%.

• Cash and cash equivalents at 31 March 2026: S$25.7 million.

Outlook and guidance

• Global semiconductor sales are forecasted to reach US$975 billion in 2026, with industry growth expected at 22.5–25%.

• Strategic focus on operational excellence, Five-Star Factory initiative, and investments in advanced packaging and WFE capabilities.

• Capital expenditure of S$2.0 million planned for 2HFY2026, targeting capability and capacity expansion.

• The Group is monitoring geopolitical risks and supply chain disruptions but expects continued strong demand.