Parade Technologies (4966) Q2 2026 earnings summary

Executive summary

• Q2 2026 consolidated revenue reached $134.48 million, with net income at $18.78 million and EPS of $0.24, reflecting a 6.61% sequential revenue increase and 0.73% year-over-year growth.

• Gross profit for Q2 was $54.06 million, up 6.35% sequentially but down 6.06% year-over-year.

• TTED device shipments exceeded expectations, driving strong growth in the integrated display solution segment.

Financial highlights

• Q2 2026 revenue: $134.48 million; net income: $18.78 million; EPS: $0.24 (basic and diluted).

• Q2 gross profit: $54.06 million; gross margin impacted by OSAT price hikes.

• Sequential revenue growth of 6.61%; year-over-year revenue growth of 0.73%.

• Gross margin declined year-over-year due to cost increases.

Outlook and guidance

• Q3 2026 revenue guidance: $139–$153 million; gross margin: 40%–44%; operating expense: $33–$36 million.

• TTED segment expected to continue strong growth in Q3, with increasing market penetration.

• Full-year revenue growth for 2026 expected to be modest, with Q4 outlook dependent on market recovery and supply chain stabilization.

• 2027 expected to see improved PC and notebook demand, especially for AI-capable devices.