GuruFocus·Jun 22, 2026
Himax Shares More Than Double, Founding Brothers Reach $1 BillionHimax Technologies (HIMX) has become one of this year's quieter semiconductor winners, with its US-listed shares more than doubling and turning founding brother
Himax Technologies, Inc.(HIMX)Earnings, Financials & Key Ratios
HIMX•NASDAQ
$14.05
54.0× P/E·Price updated Jul 7, 2026
AboutHimax Technologies, Inc., a fabless semiconductor company, provides display imaging processing technologies in China, Taiwan, the Philippines, Korea, Japan, Europe, and the United States. The company operates through two segments, Driver IC and Non-Driver Products. It offers display driver integrated circuits (ICs) and timing controllers that are used in televisions, laptops, monitors, mobile phones, tablets, automotive, digital cameras, car navigation, virtual reality devices, and other consumer electronic devices. The company also designs and provides controllers for touch sensor displays; in-cell touch and display driver integration single-chip solutions; light-emitting diode driver and power management ICs; and liquid crystal on silicon microdisplays for augmented reality (AR) devices and head-up displays for the automotive industry. In addition, it offers complementary metal-oxide-semiconductor image sensors and wafer-level optics for AR devices, 3D sensing, and ultra-low power AI image sensing, which are used in various applications, such as mobile phones, tablets, laptops, TV, PC camera, automobile, security, medical devices, home appliance, Internet of Things, etc. The company markets its display drivers and display-related products to panel manufacturers, agents or distributors, module manufacturers, and assembly houses; and non-driver products to camera module manufacturers, optical engine manufacturers, and television system manufacturers. Himax Technologies, Inc. was incorporated in 2001 and is headquartered in Tainan City, Taiwan.Show more
- Revenue$832M-8.2%
- EBITDA$67M-26.4%
- Net Income$44M-44.9%
- EPS (Diluted)0.26-43.5%
- Gross Margin30.57%+0.4%
- EBITDA Margin8.01%-19.8%
- Operating Margin5.3%-29.5%
- Net Margin5.28%-40.0%
- ROE4.89%-46.1%
HIMX Price & Volume
Himax Technologies, Inc. (HIMX) stock price & volume — 10-year historical chart
Loading chart...
Cyclical Revenue Erosion Challenges Operating Margin Stability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Decelerating
Profitability:Strained
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Cyclical demand and competition
Key Thesis Takeaways
- Himax Technologies faces a challenging outlook as persistent revenue contraction, evidenced by a 7.2% year-over-year decline in 2026Q1, highlights the company's vulnerability to cyclical display market volatility.
- While the firm maintains a fortress-like balance sheet with $827.9 million in cash, the inability to scale operating expenses effectively—resulting in operating margins compressing to 5.1%—suggests structural profitability headwinds.
- Investors should monitor whether the company can stabilize its erratic cash conversion cycles and mitigate competitive pricing pressures from Chinese peers to justify its current 35.98 forward P/E valuation.
Verdict Logic
while the $827.9 million cash position provides a defensive floor, the significant contraction in free cash flow margin to 0.6% and the ongoing revenue decline suggest that the current 34.20 EV/EBITDA multiple may not fully account for the risks of continued margin erosion.
HIMX Growth Metrics
Himax Technologies, Inc. (HIMX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years1.86%
5 Years-1.27%
3 Years-11.52%
TTM-10.96%
Profit CAGR
10 Years5.72%
5 Years-1.39%
3 Years-42.98%
TTM-63.38%
EPS CAGR
10 Years6.39%
5 Years-1.47%
3 Years-54.28%
TTM-62.97%
Return on Capital
10 Years13.49%
5 Years22.4%
3 Years5.49%
Last Year4.72%
HIMX Recent Earnings
Himax Technologies, Inc. (HIMX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.05+11.1%
$0.04
Rev
$199M+2.1%
$195M
Q1 2026
Feb 12, 2026Metric
Actual
Est
EPS
$0.04+0.0%
$0.04
Rev
$203M+2.0%
$199M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.01-66.7%
$0.03
Rev
$199M+0.0%
$199M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.10+0.0%
$0.10
Rev
$215M-2.7%
$221M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.05vs $0.04+11.1% | $199Mvs $195M+2.1% |
| Q1 2026 | Feb 12, 2026 | $0.04vs $0.04+0.0% | $203Mvs $199M+2.0% |
| Q4 2025 | Nov 6, 2025 | $0.01vs $0.03-66.7% | $199Mvs $199M+0.0% |
| Q3 2025 | Aug 7, 2025 | $0.10vs $0.10+0.0% | $215Mvs $221M-2.7% |
Based on last 12 quarters of dataView full earnings history →
Latest HIMX News
Recent stock market news and headlines for Himax Technologies, Inc. (HIMX)
Peers Comparison
Key metrics vs top competitors for Himax Technologies, Inc. (HIMX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $14.05 | $2.45B | 54.04 | -8.23% | 5.28% | 4.89% | 2.65% | |
| $294.90 | $2.5B | 20.20 | 10.21% | 16.02% | 20.24% | — | |
| $91.57 | $4.21B | 64.04 | 13.04% | 5.5% | 4.4% | — | |
| $146.57 | $7.48B | 18.70 | 5.34% | 20.75% | 20.21% | — | |
| $1272.81 | $62.53B | 99.83 | 26.43% | 22.84% | 19.05% | — | |
| $196.93 | $4.77T | 40.19 | 65.47% | 62.97% | 111.66% | — |
Compare HIMX vs Peers
Himax Technologies, Inc. (HIMX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Get notified when HIMX posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
HIMX Frequently Asked Questions
Himax Technologies, Inc. (HIMX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Himax Technologies, Inc.'s revenue?
Himax Technologies, Inc. (HIMX) reported $814.2M in revenue for fiscal year 2025. This represents a 1342% increase from $56.5M in 2002.
How fast is Himax Technologies, Inc. growing?
Himax Technologies, Inc. (HIMX) saw revenue decline by 8.2% over the past year.
Is HIMX profitable?
Yes, Himax Technologies, Inc. (HIMX) is profitable, generating $31.9M in net income for fiscal year 2025 (5.3% net margin).
Dividend & Returns
Does HIMX pay dividends?
Yes, Himax Technologies, Inc. (HIMX) pays a dividend with a yield of 2.65%. This makes it attractive for income-focused investors.
What is HIMX's return on equity?
Himax Technologies, Inc. (HIMX) has a return on equity (ROE) of 4.9%. This is below average, suggesting room for improvement.
What is Himax Technologies, Inc.'s free cash flow?
Himax Technologies, Inc. (HIMX) generated $69.7M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.