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Himax Q1 2025 Earnings Report
Himax Technologies, Inc. reported its first quarter 2025 financial results, with revenues at the high end of guidance, gross margin in-line, and EPS exceeding guidance.
Key Takeaways
Himax Technologies, Inc. reported Q1 2025 revenues of $215.1 million, a sequential decrease of 9.3% but a year-over-year increase of 3.7%. Gross margin was 30.5%, and diluted EPS was 11.4 cents, exceeding guidance.
Q1 2025 revenues were $215.1M, reaching the high end of the guidance range despite a 9.3% QoQ decrease.
Gross margin for Q1 2025 was 30.5%, in line with guidance and up from 29.3% in the same period last year due to favorable product mix and cost optimization.
Q1 2025 after-tax profit was $20.0M, or 11.4 cents per diluted ADS, exceeding the guidance range of 9.0 cents to 11.0 cents.
Himax maintains leadership in the global automotive display market with significant market shares in DDIC, TDDI, and local dimming Tcon technologies.
Revenue by Segment
Forward Guidance
For Q2 2025, Himax anticipates revenues to decrease 5.0% to increase 3.0% QoQ, with gross margin around 31.0% and profit per diluted ADS in the range of 8.5 cents to 11.5 cents.
Positive Outlook
- Q2 2025 gross margin is expected to be around 31.0%, up from 30.5% in the prior quarter.
- Automotive TDDI adoption continues to expand globally, with nearly 500 design-in projects secured.
- Himax is well-positioned to capitalize on the growing trend of OLED displays and advanced touch features in premium notebooks.
- Automotive Tcon sales are set to increase by double digits in Q2, fueled by a strong pipeline of over two hundred design-win projects.
- WiseEye ultralow power AI sensing solutions are expanding into additional use cases across leading notebook brands and smart door locks, with mass production slated for later this year.
Challenges Ahead
- Q2 2025 revenues are expected to decline 5.0% to increase 3.0% QoQ, reflecting overall caution toward the global economic outlook.
- Low 2H25 market visibility as tariff negotiations continue.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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