Himax Technologies reported second quarter 2026 revenue of $227.4 million and EPS of $0.114, beating consensus estimates of $223.0 million and $0.10, respectively. The results were driven by strong performance in the automotive segment, which now accounts for over 50% of total revenue.
Key Highlights
- Second quarter revenue grew 14.2% sequentially to $227.4 million, exceeding guidance due to stronger-than-expected automotive IC sales.
- Gross margin expanded to 33.1% from 30.4% in the prior quarter, beating the 32% guidance on a more favorable product mix with higher-margin automotive products.
- For the third quarter, Himax guided for revenue to increase 7% to 11% sequentially, with gross margin expanding further to around 34%.