Q2 26 EPS GAAP
$0.11
Q2 26 Revenue
$227.4M
vs S&P Since Q2 26
+10.7%
BEATING MARKET
HIMX +11.3% vs S&P +0.6%
Market Reaction
Did HIMX Beat Earnings? Q2 2026 Results
Himax Technologies delivered a strong second-quarter beat across every key metric, with revenue of $227.37 million rising 5.8% year over year and 14.2% sequentially, comfortably ahead of the company's guided range of 10% to 13% quarterly growth. GAAP… Read more Himax Technologies delivered a strong second-quarter beat across every key metric, with revenue of $227.37 million rising 5.8% year over year and 14.2% sequentially, comfortably ahead of the company's guided range of 10% to 13% quarterly growth. GAAP earnings came in at $0.11 per diluted ADS, topping the consensus estimate of $0.10 and the company's own guided range of $0.09 to $0.10, as a surge in automotive IC sales drove both volume and a richer product mix that lifted gross margin to 33.1% against guidance of roughly 32%. Automotive remained the dominant revenue force, with driver IC shipments posting double-digit sequential growth as customers rebuilt inventory after the Lunar New Year lull while new TDDI and DDIC platform ramps added incremental lift. Management guided Q3 revenue growth of 7% to 11% sequentially, with gross margin expanding further to around 34%, though elevated employee bonus expense of roughly $11.8 million will pressure operating costs in the period; full-year automotive IC sales are expected to grow by double digits year over year, with momentum carrying into 2027.
Key Takeaways
- • Better-than-expected automotive IC sales drove revenue and margin outperformance
- • Favorable product mix with higher-margin automotive IC products improved gross margin to 33.1%
- • Broad-based customer replenishment of TDDI and DDIC following seasonally lower Q1 shipments
- • Ramp-up of new TDDI and DDIC projects for leading panel customer
- • Robust automotive Tcon shipments with replenishment across broad customer base
- • Tablet IC sales increased from early pull-in demand amid rising memory price sentiment
HIMX Forward Guidance & Outlook
Q3 2026 guidance: Revenue to increase 7%-11% QoQ, gross margin around 34%, profit per diluted ADS of 8.0 to 10.0 cents. Large display driver IC sales expected to decline single digits QoQ. Small and medium-sized display driver IC sales expected to increase high-single-digits QoQ, with automotive driver IC sales up solid double digits QoQ. Non-driver IC revenues expected to increase low-teens QoQ. Supply constraints from AI-driven foundry capacity tightness on mature nodes expected to persist near term. Full-year 2026 auto IC sales expected to grow double digits YoY with strong momentum into 2027. CPO products entered engineering production ramps in Q3, with significantly higher shipments in 2027. Q3 operating expenses will be elevated by approximately $11.8 million in employee bonus expense. Pending divestiture of equity-method investee expected to close in Q4 with pre-tax gain of approximately $23-24 million.
HIMX YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
HIMX Revenue by Segment
With YoY comparisons, source: SEC Filings
“Notwithstanding industry-wide supply constraints, we remain optimistic about the long-term growth prospects of our automotive display IC business. We continue to view automotive as one of the industry's most attractive secular growth markets, driven by rapid advancements in smart vehicle interiors, characterized by a growing number of displays per vehicle, along with larger, higher-resolution displays and more diverse vehicle cabin configurations. Himax is well positioned to capitalize on these industry trends through our comprehensive automotive display portfolio spanning both LCD and OLED technologies, a broad and diversified global customer base, and a robust design-win pipeline.”
— Jordan Wu, Q2 2026 Earnings Press Release
HIMX Earnings Trends
HIMX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
HIMX EPS Trend
Earnings per share: estimate vs actual
HIMX Revenue Trend
Quarterly revenue: estimate vs actual
HIMX Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q2 26 | — | $0.11 | — | $227.4M | — |
| Q1 26 BEAT | $0.03 | $0.05 | +53.33% | $199.0M | +2.05% |
| Q4 25 BEAT FY | $0.03 | $0.04 | +20.00% | $203.1M | +1.97% |
| FY Full Year | — | $0.25 | — | $832.2M | — |
| Q3 25 BEAT | $0.01 | $0.01 | +20.00% | $199.2M | +6.95% |
| Q2 25 MISS | $0.10 | $0.10 | -5.00% | $214.8M | +1.32% |