NASDAQ$HIMX
Himax Technologies Inc-ADR · Q3 2025 earnings
Q3 2025 earnings · · Before market open · Investor relations
Briefing
Himax Q3 2025: $199.2M revenue beats guide as 0.6¢ EPS tops loss outlook
Himax Technologies reported third quarter 2025 net revenues of $199.2 million, a 7.3% sequential decline that significantly outperformed guidance for a 12%–17% drop, driven by better-than-expected automotive IC and Tcon sales. Gross margin was 30.2%, in line with guidance, and after-tax profit was $1.1 million, or 0.6 cents per diluted ADS, well above the guided loss of 2.0–4.0 cents. Automotive business remained over 50% of revenue with single-digit quarter-over-quarter growth in automotive drivers. Operating expenses rose 24.2% sequentially to $60.7 million, primarily on $8.1 million of annual bonus expense. The company ended the quarter with $278.2 million in cash and equivalents after paying a $64.5 million dividend and $13.1 million in employee bonuses. Q4 guidance calls for flat quarter-over-quarter revenue, gross margin flat to slightly up, and profit per diluted ADS of 2.0–4.0 cents.
- Q3 revenue of $199.2M beat guidance (-7.3% QoQ vs. guided -12% to -17%) with 30.2% gross margin.
- Q3 profit was $1.1M, or 0.6 cents per diluted ADS, exceeding the guided loss of 2.0–4.0 cents.
- Automotive IC sales exceeded 50% of revenue; automotive driver sales grew single digits QoQ.
- Operating expenses rose to $60.7M on $8.1M of Q3 bonus expense; operating margin was -0.3%.
- Q4 guidance: flat QoQ revenue, GM flat to slightly up, EPS 2.0–4.0 cents per diluted ADS.
Headline financials
Revenue & EPS history
Himax · Revenue · Quarterly
$199M
Revenue by segment
Himax · $199M total across 3 segments · Q3 2025
- Small and medium display drivers$141M—70.8%
- Non-driver products$39.2M—19.7%
- Large display drivers$19M—9.5%
Forward guidance
For Q4 2025, Himax expects revenue flat quarter over quarter, gross margin flat to slightly up, and profit per diluted ADS of 2.0–4.0 cents amid limited automotive demand visibility.
Tailwinds
- Automotive TDDI and Tcon design wins support multi-year growth despite near-term conservatism.
- WiseEye AI, CPO, and smart glasses initiatives are emerging growth drivers.
Headwinds
- Automotive demand visibility remains low with customers maintaining lean inventories.
- Large panel and smartphone/tablet segments face sequential declines from pull-forward buying.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2025
+0.1%
Avg return
Earnings day
+3.3%
Avg return
5 days after
+4.2%
Avg return
30 days after
42%
26 / 62 earnings
Positive
+30.1%
Q1 2026
Best reaction
-21.5%
Q2 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +30.1% | +54.9% | +62.8% | |
| Q4 2025 | -6.1% | -8.5% | +19.3% | |
| Q3 2025 | -12.9% | -14.9% | -0.1% | |
| Q2 2025 | -17.6% | -14.5% | -2.8% | |
| Q1 2025 | +1.5% | +12.6% | +16.3% | |
| Q4 2024 | +8.5% | +17.7% | -2.6% | |
| Q3 2024 | -0.8% | -7.6% | +12.4% | |
| Q2 2024 | -5.3% | -5.5% | -8.2% | |
| Q1 2024 | +12.3% | +17.4% | +25.1% | |
| Q4 2023 | -2.5% | -2.7% | +4.1% | |
| Q3 2023 | +4.0% | +8.2% | +0.2% | |
| Q2 2023 | +3.2% | -1.1% | -10.5% | |
| Q1 2023 | -8.0% | -3.8% | +7.1% | |
| Q4 2022 | -7.0% | -4.0% | -9.7% | |
| Q3 2022 | +19.2% | +24.1% | +20.2% | |
| Q2 2022 | +6.4% | -0.6% | -18.4% | |
| Q1 2022 | +18.1% | +25.0% | +22.7% | |
| Q4 2021 | -7.8% | -10.1% | -5.4% | |
| Q3 2021 | +5.2% | -6.9% | -4.1% | |
| Q2 2021 | +0.3% | +4.5% | -9.9% | |
| Q1 2021 | +4.7% | +0.9% | +9.1% | |
| Q4 2020 | +12.3% | +36.8% | +2.2% | |
| Q3 2020 | +2.2% | +16.3% | +65.1% | |
| Q2 2020 | -5.2% | -8.2% | -17.6% | |
| Q1 2020 | +5.5% | +4.9% | +7.8% | |
| Q4 2019 | +3.2% | +3.0% | -35.0% | |
| Q3 2019 | -5.3% | +3.4% | -15.2% | |
| Q2 2019 | -21.5% | -24.8% | -27.2% | |
| Q1 2019 | +4.5% | +1.2% | +0.3% | |
| Q4 2018 | -2.3% | -1.8% | -9.5% | |
| Q3 2018 | -18.6% | -24.5% | -31.0% | |
| Q2 2018 | -0.8% | -1.7% | -9.1% | |
| Q1 2018 | -3.0% | +2.7% | +20.8% | |
| Q4 2017 | -1.9% | -4.2% | -12.4% | |
| Q3 2017 | -6.8% | +0.3% | -1.5% | |
| Q2 2017 | -0.7% | +3.3% | +23.5% | |
| Q1 2017 | -1.0% | -0.9% | +18.8% | |
| Q4 2016 | +8.9% | +16.3% | +35.0% | |
| Q3 2016 | -0.5% | +2.5% | -0.5% | |
| Q2 2016 | +17.8% | +21.9% | +23.7% | |
| Q1 2016 | -14.5% | — | — | |
| Q4 2015 | +6.0% | — | — | |
| Q3 2015 | +4.6% | — | — | |
| Q2 2015 | -3.0% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | +5.0% | — | — | |
| Q3 2014 | +12.7% | — | — | |
| Q2 2014 | -15.0% | — | — | |
| Q4 2013 | -0.6% | — | — | |
| Q3 2013 | -9.3% | — | — | |
| Q2 2013 | -0.9% | — | — | |
| Q4 2012 | -0.7% | — | — | |
| Q3 2012 | +5.6% | — | — | |
| Q2 2012 | +3.0% | — | — | |
| Q4 2011 | -4.2% | — | — | |
| Q4 2009 | -4.2% | — | — | |
| Q4 2010 | -4.2% | — | — | |
| Q3 2011 | -2.7% | — | — | |
| Q2 2011 | -2.1% | — | — | |
| Q3 2010 | -2.9% | — | — | |
| Q2 2010 | -6.9% | — | — | |
| Q1 2010 | +6.2% | — | — |
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