Himax Technologies (NASDAQ:HIMX) Posts Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• Himax reported Q3 earnings of $0.11 per share, beating the $0.09 consensus by $0.02. Revenue rose 23.9% year over year to $246.8 million, slightly below analyst expectations.
• Management forecast Q4 revenue to decline 22%–26% sequentially, citing reduced automotive driver IC orders after customers built inventory in prior quarters.
• Despite the near-term downturn, Himax expects 2026 automotive IC revenue to grow about 10% and projects double-digit company revenue growth in 2027, supported by non-driver products and automotive design wins.

Himax Technologies (NASDAQ:HIMX - Get Free Report) announced its earnings results on Thursday. The semiconductor company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02, FiscalAI reports. The business had revenue of $246.75 million during the quarter, compared to analysts' expectations of $247.76 million. Himax Technologies had a net margin of 6.02% and a return on equity of 5.79%. The firm's revenue was up 23.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.01 earnings per share.

Here are the key takeaways from Himax Technologies' conference call:

• Q3 revenue rose 8.5% sequentially to $246.8 million, and diluted ADS earnings of $0.107 exceeded guidance, helped by lower-than-expected operating expenses. Gross margin was 34.2%, in line with guidance.
• Himax expects Q4 revenue to fall 22%–26% sequentially, with diluted ADS earnings of $0.045–$0.065. Management attributed the pullback mainly to sharp order reductions in automotive driver ICs after two quarters of customer inventory buildup.
• Management expects full-year 2026 automotive IC revenue to grow about 10% despite the Q4 correction, and projects double-digit company revenue growth in 2027, assuming roughly flat global vehicle shipments. It cited automotive design wins and rising display content per vehicle, while noting the outlook reflects management’s current assessment.
• Himax expects non-driver products—including automotive Tcon and WiseEye—to outgrow driver ICs and approach 30% of revenue in 2027, versus about 20% currently. It also expects CPO to begin contributing meaningfully in 2027, though that contribution is not included in its growth outlook and depends on production ramp-up.
• Management said suppliers’ planned price increases create gross-margin pressure, but it has secured key 2027 capacity commitments and is working with customers on costs. It expects margins to remain relatively stable or improve slightly, supported by a richer non-driver product mix.

Himax Technologies Stock Up 10.5%

Shares of NASDAQ:HIMX traded up $0.81 during trading on Friday, hitting $8.49. 2,784,609 shares of the company were exchanged, compared to its average volume of 1,294,831. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 27.75 and a beta of 2.46. Himax Technologies has a fifty-two week low of $6.85 and a fifty-two week high of $25.09. The firm has a fifty day moving average price of $12.90 and a two-hundred day moving average price of $12.75. The company has a current ratio of 1.55, a quick ratio of 1.36 and a debt-to-equity ratio of 0.02.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. Wall Street Zen raised shares of Himax Technologies from a "hold" rating to a "buy" rating in a research report on Saturday. Weiss Ratings restated a "hold (c)" rating on shares of Himax Technologies in a research note on Friday, September 25th. Three research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, Himax Technologies currently has an average rating of "Hold" and a consensus price target of $8.00.

More Himax Technologies News

Here are the key news stories impacting Himax Technologies this week:

• Positive Sentiment: Himax reported Q3 earnings of $0.11 per share, beating the $0.09 consensus, while revenue grew 23.9% year over year. Q3 2026 financial results and guidance
• Neutral Sentiment: Revenue of about $246.8 million was slightly below analyst expectations of $247.8 million, while gross margin and revenue were in line with the company’s prior guidance. Q3 revenue earnings flash
• Negative Sentiment: The outlook is the bigger concern: Himax expects Q4 revenue to fall 22%–26% sequentially. CEO Jordan Wu attributed the abrupt slowdown to weaker automotive-chip demand after China’s early-October holiday, following aggressive customer purchases in prior quarters. Himax cites abrupt correction in auto-chip demand
• Negative Sentiment: Investor caution is compounded by reported supply risks, which add uncertainty to the recovery outlook. Q3 deep dive on auto IC correction and supply risks

About Himax Technologies

Himax Technologies, Inc is a fabless semiconductor company headquartered in Tainan, Taiwan. Founded in 2001, the company designs and supplies display-related integrated circuits and other semiconductor components for manufacturers of consumer electronics, automotive systems and industrial devices. Himax has been listed on the Nasdaq since 2006 under the symbol HIMX.

The company's product portfolio includes display driver ICs, timing controllers, touch and display driver integration products, and other components used in televisions, monitors, notebook computers, smartphones, tablets and automotive displays.

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