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MagnaChip Semiconductor (MX)
NYSE:MX
Earnings Data
Report Date
May 06, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
-0.22Last Year’s EPS
-0.1Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Negative
The call presented a mixed picture: management outlined decisive strategic moves (exit of display business, reorganization, aggressive product development, cost cuts, SiC roadmap and targeted market focus) and provided sequential revenue and margin guidance improvement for Q1 2026. However, 2025 operating performance showed material revenue declines in the quarter, steep gross margin compression (partly driven by a one-time sales incentive and persistent pricing pressure, especially in China), widening adjusted operating losses and negative adjusted EBITDA. Cash declined year-over-year and the company still relies on legacy, lower-margin products while new-generation products ramp slowly. Given the combination of significant strategic progress but notable and ongoing financial headwinds, the overall tone is cautious with substantial execution risk.Company Guidance
Q4 Revenue and FY Revenue
Q4 2025 consolidated revenue from continuing operations of $40.6M (midpoint of guidance). Full year 2025 revenue of $178.9M, a 3.7% year-over-year decline but consistent with prior guidance.
Sequential and Near-Term Revenue Improvement Guidance
Q1 2026 guidance of $44M–$48M (midpoint implies +13.4% sequential and +2.9% year-over-year), indicating expected sequential recovery in revenue.
Gross Margin Recovery Guidance
Q1 2026 consolidated gross profit margin guidance of 14%–16% (up from Q4 2025 actual 9.3%), reflecting expected improvement in utilization and mix in the near term.
Significant Product Development Acceleration
Management dramatically increased new-generation product activity in 2025: management cited launching between 55 and 65 new-generation products in 2025 (44% introduced in Q4). Guidance to deliver >40 new-generation products in 2026, with new products expected to be ~10% of revenue by Q4 2026 (up from ~2% for FY2025).
Cost Reductions and OpEx Discipline
Company exited the display business and implemented workforce and cost reduction programs. Reported OpEx (SG&A + R&D) decreased 35% in 2025 on a reported basis excluding stock-based and one-time charges. Announced >$2M of annualized SG&A savings beginning Q4 2025.
Cash Position and Capital Spending
Ended Q4 2025 with $103.8M in cash (better than prior internal mid-$90M expectation), total CapEx $30M for the year (net cash CapEx impact $13M due to equipment financing), and long-term borrowings of $44.6M.
Strategic Re-Focus and Road Map
Refocused exclusively on power business with six foundational pillars (targeting automotive, industrial motor control, solar/energy, server infrastructure, future robotics), pursuing modules, power ICs and silicon carbide (SiC) development, and pursuing strategic partnerships and anchor customers to grow TAM/SAM.
Board and Shareholder Development
New Board director Cristiano Amoruso joined (Byreforge is a significant shareholder), signaling investor support and potential governance/strategic acceleration.
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 |
|---|---|---|---|
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% |
May 12, 2025 | $3.34 | $3.26 | -2.40% |
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 (MX) report earnings?
MagnaChip Semiconductor (MX) is schdueled to report earning on May 06, 2026, After Close (Confirmed).
What is MagnaChip Semiconductor (MX) earnings time?
MagnaChip Semiconductor (MX) earnings time is at May 06, 2026, After Close (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 MX EPS forecast?
MX EPS forecast for the fiscal quarter 2026 (Q1) is -0.22.