ams-OSRAM (CH:AMS)
:AMS
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Earnings Data
Report Date
Aug 04, 2026During Market Hours (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
-0.06Last Year’s EPS
0.16Same Quarter Last Year
Moderate Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly constructive and strategically positive: management beat near-term revenue and profitability guidance, delivered core semiconductor like‑for‑like growth (~9%), recorded strong design‑win momentum (~EUR 850m), made tangible progress on Digital Photonics (AR components and AI photonics development agreement), and materially strengthened liquidity and cost‑savings (EUR 237m realized; EUR 200m target). Offsetting this were FX-related reported revenue headwinds, localized softness and competitive pressure in China, segment margin pressures from input costs and one‑offs, and an expected materially negative 2026 free‑cash‑flow profile when excluding divestment proceeds due to transformation and repurchase cash outflows. On balance, the positive operational beats, strategic milestones and liquidity coverage outweigh the near‑term cash and market challenges.Company Guidance
Revenue Beat and Scale
Group Q1 revenue of EUR 796 million, coming in well above the midpoint/upper half of guidance; on a constant-currency like-for-like basis the clean core portfolio grew ~8% and the semiconductor core portfolio grew 9% year-on-year.
Strong Profitability
Adjusted EBITDA reached 16.5% in Q1, at the upper end of guidance, driven by the OS division and strong automotive lamps performance.
Design Win Momentum
Total design wins of around EUR 850 million in Q1 across automotive (triple-digit million contribution), industrial, consumer and Digital Photonics; design-win activity remains solid despite Q1 being typically weak for wins.
Digital Photonics Milestones
Two strategic milestones: expanded optical component portfolio for AI-enabled AR smart glasses (content potential EUR 50–100 per device; underpins triple-digit million annual opportunity) and signed a development agreement for micro-emitter array-based 'slow & wide' optical interconnects targeting hyperscaler AI data centers.
Cash Flow and Liquidity Strength
Positive free cash flow in Q1 of EUR 37 million (includes EUR 90 million divestment proceeds); cash on hand EUR 1.3 billion, available liquidity EUR 2 billion; pro forma cash including Infineon proceeds expected ~EUR 1.9 billion which covers near-term maturities.
Balance Sheet Deleveraging & Divestments
Sale of Entertainment & Industrial lamps to Ushio closed in early March with cash proceeds received; Infineon divestment remains on track for mid‑2026; EUR 200 million nominal of convertible note repaid in Q1.
Cost Savings & Transformation Progress
Re-establish the Base delivered EUR 237 million of savings a year early; new Simplify program targets an additional EUR 200 million annual savings by 2028, with >90% of measures high maturity and EUR 5 million saved in Q1.
Disciplined CapEx and Outlook
CapEx remained disciplined and well below the full-year guidance of 8% of revenue. Q2 guidance: revenues EUR 725–825 million and adjusted EBITDA around 15.5% ±1.5 ppts (assumes EUR/USD 1.17). Full-year 2026 outlook unchanged; FCF expected above EUR 300 million including divestment proceeds.
CH:AMS 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
CH:AMS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | CHF12.35 | CHF12.60 | +2.02% |
Feb 10, 2026 | CHF8.21 | CHF8.66 | +5.55% |
Nov 18, 2025 | CHF9.85 | CHF8.28 | -15.99% |
Jul 31, 2025 | CHF11.34 | CHF10.86 | -4.23% |
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 ams-OSRAM (CH:AMS) report earnings?
ams-OSRAM (CH:AMS) is schdueled to report earning on Aug 04, 2026, During Market Hours (Confirmed).
What is ams-OSRAM (CH:AMS) earnings time?
ams-OSRAM (CH:AMS) earnings time is at Aug 04, 2026, During Market Hours (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of ams-OSRAM stock?
The P/E ratio of ams-OSRAM is N/A.
What is CH:AMS EPS forecast?
CH:AMS EPS forecast for the fiscal quarter 2026 (Q2) is -0.06.