NASDAQ$HIMX
Himax Technologies Inc-ADR · Q4 2025 earnings
Q4 2025 earnings · · Before market open · Investor relations
Briefing
Himax Technologies, Inc. reported its fourth quarter and full year 2025 financial results, with Q4 EPS at the high end of guidance and revenue and gross margin in line with guidance.
Himax Technologies, Inc. delivered a solid fourth quarter in 2025, with revenues increasing sequentially and gross margin in line with expectations. The company's after-tax profit per diluted ADS reached the high end of its guidance range. Despite a challenging macroeconomic environment, Himax saw continued growth in non-driver IC businesses and anticipates the first quarter of 2026 to be the trough of the year, with a rebound expected in the second quarter.
- Q4 2025 revenues were $203.1 million, a sequential increase of 2.0%, exceeding the flat QoQ guidance.
- Gross margin for Q4 reached 30.4%, aligning with the guidance of flat to slightly up from the previous quarter's 30.2%.
- After-tax profit for Q4 2025 was $6.3 million, or 3.6 cents per diluted ADS, hitting the high end of the guidance range.
- Himax anticipates Q1 2026 revenues to decline 2.0% to 6.0% QoQ, with gross margin expected to be flat to slightly down, and profit per diluted ADS in the range of 2.0 cents to 4.0 cents.
Headline financials
Revenue & EPS history
Himax · Revenue · Quarterly
$203M
Revenue by segment
Himax · $199M total across 3 segments · Q1 2026
- Small/Medium Display$136M—68.2%
- Non-Driver Products$39M—19.6%
- Large Display Drivers$24.2M—12.2%
Forward guidance
Himax expects Q1 2026 revenues to decline 2.0% to 6.0% QoQ, with gross margin expected to be flat to slightly down, and profit per diluted ADS in the range of 2.0 cents to 4.0 cents. The company anticipates Q1 to be the trough of the year, with sales rebounding in Q2 and business momentum improving in the second half.
Tailwinds
- First quarter 2026 is expected to be the trough of the year, with sales rebounding in the second quarter.
- Business momentum is expected to continue improving into the second half, supported by lean customer inventory levels.
- New projects for automotive customers are scheduled to enter mass production later in the year.
- Continued growth in non-driver IC businesses, particularly Tcon and WiseEye AI, should provide incremental support.
- Himax remains optimistic about its long-term automotive display IC business outlook, backed by leading new technology offerings and a strong design-win pipeline.
Headwinds
- Visibility for the whole year outlook of the automotive sector remains limited due to uncertain government policy and consumer sentiment.
- Q1 small and medium-sized display driver IC business is expected to decline single digit sequentially.
- Q1 automotive driver IC sales are projected to decrease by double digits quarter-over-quarter, following two consecutive quarters of order replenishment.
- The decrease in automotive driver IC sales also reflects typical seasonal softness related to Lunar New Year holidays and tapering effects of automotive subsidy programs.
- Q1 non-driver IC revenues are expected to decrease single digit sequentially, primarily due to the absence of ASIC Tcon shipments to a leading projector customer.
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 Q4 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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