Companies /Technology

AMKOR Technology Inc

NASDAQ: AMKR Semiconductor Equipment & Materials
$51.74
â–² $3.34 (+6.90%) today
Markets closed · 6:25pm ET

Q1 2026 Earnings

Reported Apr 27, 2026, 4:11pm ET · SEC source
$0.33
Beat +35.58%
EPS · est. $0.24
$1.7B
Beat +1.93%
Revenue · est. $1.7B
−8.8%
Trailing market
AMKR vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−15%−10%−5%0Apr 27Apr 28report 4:11pm ETearnings−0.3%−7.0%
−15%−10%−5%0Apr 27Apr 28earnings−0.3%−7.0%
AMKR −7.0%S&P 500 −0.3%
−15%−10%−5%0Apr 27Apr 28report 4:11pm ETearnings−0.7%−7.0%
−15%−10%−5%0Apr 27Apr 28earnings−0.7%−7.0%
AMKR −7.0%NASDAQ −0.7%
−12%−6%0+6%Apr 27May 5report 4:11pm ETearnings+1.4%+2.8%
−12%−6%0+6%Apr 27May 5earnings+1.4%+2.8%
AMKR +2.8%S&P 500 +1.4%
−12%−6%0+6%Apr 27May 5report 4:11pm ETearnings+3.1%+2.8%
−12%−6%0+6%Apr 27May 5earnings+3.1%+2.8%
AMKR +2.8%NASDAQ +3.1%
−5.63%
Day of report
−1.05%
Next session
+7.50%
One week
−2.52%
30 days

S&P 500 over the same 30 days: +6.29%.

Did AMKR Beat Earnings? Q1 2026 Results

Amkor Technology posted a blowout first quarter for 2026, beating Wall Street on both the top and bottom lines and extending its EPS beat streak to four consecutive quarters. The semiconductor packaging and test services company reported earnings of $0.33 per diluted share, clearing the $0.24 consensus estimate by 35.58%, while revenue of $1.68 billion edged past the $1.65 billion consensus by 1.93% and rose 27.5% from the year-ago period. The primary engine behind the outperformance was the Advanced Products segment, which generated $1.37 billion in net sales as demand for flip chip, memory, and wafer-level processing services accelerated, particularly within Communications end markets that expanded to 44% of total revenue. Gross margin widened to 14.2% from 11.9% a year ago, and operating income jumped to $100.29 million from $31.52 million. Looking ahead, management guided second-quarter revenue of $1.75 billion to $1.85 billion with EPS of $0.42 to $0.52, and outlined a significant full-year capital expenditure plan of $2.50 billion to $3.00 billion to meet growing advanced packaging demand.

Key Takeaways
  • Broad-based end market demand driving 27% year-over-year revenue growth
  • Advanced Products revenue growth from $1,064M to $1,372M year-over-year
  • Improved utilization across factory network
  • Communications end market represented 44% of revenue, up from 40% year-over-year
  • Operating cash flow improved to $145M from $24M year-over-year

“Amkor delivered a strong start to 2026 with record first quarter revenue driven by broad-based end market demand. During the quarter, we progressed key customer programs in Advanced packaging, improved utilization across our factory network, and made continued progress on our margin initiatives, demonstrating our ability to execute effectively in a dynamic industry environment.”

Amkor Technology CEO, on the earnings call

Forward Guidance & Outlook

For Q2 2026, Amkor guided net sales of $1.75 billion to $1.85 billion, gross margin of 14.5% to 15.5%, and net income of $105 million to $130 million ($0.42 to $0.52 per diluted share). Full-year 2026 capital expenditures are expected to be approximately $2.5 billion to $3.0 billion, representing a substantial increase in investment to support customer demand.

AMKR YoY Financials

Q1 2026 vs Q1 2025 · SEC filings Q1 2025 Q1 2026
$0$500.0M$1.0B$1.5B$1.3B$1.7BRevenue$157.6M$239.0MGross Profit$31.5M$100.3MOperating Income$21.1M$83.4MNet Income
$0$500.0M$1.0B$1.5BRevenueGross ProfitOperating IncomeNet Income

AMKR Revenue by Segment

Advanced Products$1.4B+28.9%
Mainstream Products$313.0M+21.3%

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