Himax Reports Q3 2026 Results and Cuts Q4 Revenue Outlook
Himax reported Q3 net revenue of $246.8 million, up 8.5% sequentially and 23.9% year over year, and GAAP diluted ADS earnings of $0.11. It expects Q4 revenue to fall 22%–26% sequentially, with earnings of $0.045–$0.065 per ADS.
Himax Technologies, Inc. announced its financial results for the third quarter ended September 30, 2026, reporting net revenues of $246.8 million, a sequential increase of 8.5% and a 23.9% year-over-year rise. The company achieved a GAAP profit of $0.11 per diluted ADS, exceeding analyst consensus estimates of $0.09. Gross margin for the quarter was 34.2%, consistent with company guidance.
Looking ahead to the fourth quarter of 2026, Himax expects revenues to decline by 22% to 26% sequentially, with earnings projected in the range of $0.045 to $0.065 per ADS. Management attributed the anticipated fourth-quarter decline to abrupt, short-term order adjustments from certain customers in the automotive sector, despite maintaining a strong long-term market position.