Magnachip Semiconductor Corp. (MX)
NYSE:MX
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.08Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mixed picture: management highlighted sequential recovery in revenue, gross margin improvement vs Q4, disciplined cost reductions, a strong acceleration in R&D and an ambitious product roadmap (55 new generation products targeted for 2026) that should drive longer‑term margin and revenue improvement. Offsetting these positives are meaningful year‑over‑year margin and profitability declines, ongoing ASP pressure (particularly in China), idle factory capacity, a decline in cash versus the prior quarter, and near‑term headwinds from a planned substation upgrade that will depress utilization and margins later in the year. Near‑term trends are mixed but the company conveyed a credible multi‑quarter path to improvement driven by new products and expense discipline.Company Guidance
Revenue Growth — Q1 2026
Total consolidated revenue of $46.2M in Q1 2026, up 3.3% year‑over‑year and up 13.9% sequentially compared to Q4 2025.
Power Analog Solutions Performance
Power Analog Solutions revenue of $41.6M, up 4.5% year‑over‑year and up 13.1% sequentially; sequential improvement partially driven by prior onetime sales incentive actions to reduce channel inventory.
Power IC Sequential Recovery
Power IC revenue of $4.6M, up 21.3% sequentially (despite a 6.2% year‑over‑year decline), indicating sequential recovery momentum in the IC business.
Gross Margin Sequential Improvement and Q2 Guidance
Consolidated gross margin improved to 15.6% in Q1 (60 bps QoQ improvement on an adjusted basis) and company guides to a higher Q2 gross margin range of 17%–19%.
R&D Acceleration and New Product Cadence
Management accelerated R&D spending (R&D $6.7M in Q1 vs $5.4M in Q1 2025) and targets 55 new generation products in 2026 (after launching 55 in 2025), with new generation products expected to be ~10% of revenue in Q4 2026 (up from 2% in full‑year 2025).
Operating Expense Reductions
SG&A declined to $7.7M in Q1 from $9.2M in Q1 2025; company expects approximately $2.5M of annual OpEx savings beginning Q4 2025 from cost reduction actions.
Improved Quarter‑over‑Quarter Operating Metrics
Adjusted operating loss improved sequentially to a $6.5M loss (from $11.9M in Q4 2025) and adjusted EBITDA improved to negative $3.6M (from negative $8.9M), driven by higher gross profit and lower operating expenses.
MX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 28, 2026 | $4.87 | $3.32 | -31.83% |
Mar 05, 2026 | $2.87 | $2.75 | -4.18% |
Nov 03, 2025 | $3.11 | $2.85 | -8.36% |
Jul 31, 2025 | $4.10 | $2.96 | -27.80% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Magnachip Semiconductor Corp. (MX) report earnings?
Magnachip Semiconductor Corp. (MX) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Magnachip Semiconductor Corp. (MX) earnings time?
Magnachip Semiconductor Corp. (MX) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MX EPS forecast?
MX EPS forecast for the fiscal quarter 2026 (Q2) is -0.22.