Companies /Technology
AMKOR Technology Inc
NASDAQ: AMKR Semiconductor Equipment & Materials
$35.64
▼ $1.48 (−3.99%) today
Markets open · 1:02pm ET

Amkor Technology (AMKR) Q3 2026 Earnings

Reported Oct 26, 2026, 4:07pm ET · SEC source
$0.76
Miss −2.14%
EPS · est. $0.78 GAAP
$2.0B
Miss −2.48%
Revenue · est. $2.0B
1 quarter
Consecutive EPS misses

How Did AMKR Stock React to Q3 2026 Earnings?

% change · around the report
0+3%+6%+9%Oct 26Oct 27report 4:07pm ETearnings+0.7%+9.1%
0+3%+6%+9%Oct 26Oct 27earnings+0.7%+9.1%
AMKR +9.1%S&P 500 +0.7%
0+3%+6%+9%Oct 26Oct 27report 4:07pm ETearnings+1.5%+9.1%
0+3%+6%+9%Oct 26Oct 27earnings+1.5%+9.1%
AMKR +9.1%NASDAQ +1.5%
0+5%+10%Oct 26Nov 3report 4:07pm ETearnings−1.3%+0.8%
0+5%+10%Oct 26Nov 3earnings−1.3%+0.8%
AMKR +0.8%S&P 500 −1.3%
−5%0+5%+10%Oct 26Nov 3report 4:07pm ETearnings−3.5%+0.8%
−5%0+5%+10%Oct 26Nov 3earnings−3.5%+0.8%
AMKR +0.8%NASDAQ −3.5%
+8.50%
Day of report
+5.68%
Next session
−5.81%
One week

Did AMKR Beat Earnings? Q3 2026 Results

No. Amkor Technology reported Q3 2026 earnings of $0.76 a share on Oct 26, 2026, missing the $0.78 consensus estimate by 2.1%. Revenue was $2.0B against a $2.0B estimate.

Amkor Technology posted a modest miss on both the top and bottom lines in Q3 2026, snapping a six-quarter streak of beating Wall Street's EPS expectations. The semiconductor packaging and test services provider reported GAAP earnings of $0.76 per diluted share, falling short of the $0.78 consensus by 2.14%, while net sales of $1.99 billion trailed the $2.04 billion estimate by 2.48% and were essentially flat year-over-year, up just 0.2%. The headline shortfall, however, obscured meaningful underlying improvement: gross margin expanded to 18.3% from 14.3% a year ago, driven by a sharp decline in materials costs as a percentage of sales, lifting operating income to $224.71 million from $158.93 million. A notable shift in end-market mix shaped the quarter, as Computing revenue reached record levels and Automotive and Industrial grew to 22% of sales, while Communications slipped to 37% from 51%. Amkor's deepening role in AI chip packaging, including capacity buildout tied to a multi-year agreement with NVIDIA, underpins management's Q4 guidance of $1.90 billion to $2.00 billion in net sales and full-year capital expenditures of approximately $2.50 billion.

Key Takeaways
  • Record revenue in Computing and Automotive & Industrial end markets
  • Continued gross margin expansion to 18.3% from 14.3% YoY
  • Materials cost as percentage of sales improved to 50.7% from 57.5% YoY
  • Operating margin expanded to 11.3% from 8.0% YoY
  • Computing end market grew to 26% of revenue from 19% YoY
  • Automotive & Industrial grew to 22% of revenue from 16% YoY

“Amkor delivered a strong quarter, with record revenue in Computing and Automotive & Industrial end markets and continued margin expansion, despite expected weakness in Communications.”

Amkor Technology CEO, on the earnings call

What Is Amkor Technology's Outlook?

For Q4 2026, Amkor guides net sales of $1.9 billion to $2.0 billion, gross margin of 18.0% to 19.0%, and net income of $160 million to $185 million ($0.65 to $0.75 per diluted share). Full year 2026 capital expenditures are updated to approximately $2.5 billion.

AMKR YoY Financials

Q3 2026 vs Q3 2025 · SEC filings Q3 2025 Q3 2026
$0$600.0M$1.2B$1.8B$2.0B$2.0BRevenue$284.5M$363.5MGross Profit$158.9M$224.7MOperating Income$126.6M$190.6MNet Income
$0$600.0M$1.2B$1.8BRevenueGross ProfitOperating IncomeNet Income
AMKR income statement, Q3 2026 versus Q3 2025
Metric Q3 2026 Q3 2025 Year over year
Revenue $2.0B $2.0B +0.2%
Gross Profit $363.5M $284.5M +27.8%
Operating Income $224.7M $158.9M +41.4%
Net Income $190.6M $126.6M +50.6%

AMKR Revenue by Segment

Advanced Products$1.6B−3.1%
Mainstream Products$359.0M+18.5%

When Does Amkor Technology Report Next?

Expected report date
After the close
Release timing

Figures from SEC filings and company reports. Not investment advice.