Germany's Aixtron Q4 revenue beats on optoelectronics segment strength

AIXTRON SE

26/02/2026 06:59

Overview

Germany semiconductor equipment provider's Q4 revenue beat analyst expectations

Q4 EBIT beat analyst expectations despite market challenges

Company noted strong momentum in optoelectronics driven by AI applications

Outlook

Aixtron expects 2026 revenue around EUR 520 mln, with a gross margin of 41% to 42%

Company anticipates strong growth in optoelectronics and moderate growth in GaN power electronics

Aixtron projects Q1 2026 revenue around EUR 65 mln, reflecting seasonal business patterns

Result Drivers

OPTOELECTRONICS DEMAND - Surging demand for laser and photonics solutions for AI applications drove recovery in optoelectronics

ASIAN MARKET STABILIZATION - Demand for SiC and GaN systems remained subdued in Western markets but was stabilized by momentum in Asia, particularly China

G10-AsP PLATFORM - The G10-AsP platform established as leading solution for AI applications, receiving repeat orders from blue-chip customers globally

Company press release: ID:nEQ8wK461a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 187.10 mln
EUR 168.09 mln (5 Analysts)
Q4 EPS
EUR 0.42
Q4 Net Income
EUR 47.90 mln
Q4 EBIT
Beat
EUR 58 mln
EUR 48.67 mln (5 Analysts)
Q4 Free Cash Flow
EUR 71.70 mln
Q4 Orders
EUR 169.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 10 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the semiconductor equipment & testing peer group is "buy"

Wall Street's median 12-month price target for Aixtron SE is €20.00, about 17.5% below its February 25 closing price of €24.25

The stock recently traded at 38 times the next 12-month earnings vs. a P/E of 19 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)