UK's EnSilica posts higher H1 revenue on strong demand for secure chips

EnSilica

07/01/2026 07:12

Overview

UK fabless chipmaker's H1 FY 2026 revenue grew over 35% yr/yr

H1 FY 2026 EBITDA profits reached £1.7 mln, up from a loss last year

Company anticipates positive cash generation by end of calendar yr 2026

Outlook

EnSilica forecasts FY 2026 revenue between £28 mln and £30 mln

Company expects positive monthly cash generation by end of calendar year 2026

EnSilica's FY 2026 revenues to be weighted towards second half

Result Drivers

NEW BUSINESS MOMENTUM - EnSilica reported solid new business momentum and strong NRE and recurring supply revenue, contributing to over 35% revenue growth

SATELLITE COMMUNICATIONS - Increasing traction in satellite communications with expanding customer engagement contributed to growth

SECURE CHIP DEMAND - Rising demand for safe and secure chips driven by long-lifecycle systems and regulatory requirements supported results

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
GBP 12.70 mln


Analyst Coverage

The one available analyst rating on the shares is "strong buy"

The average consensus recommendation for the semiconductors peer group is "buy."

Wall Street's median 12-month price target for EnSilica PLC is GBp63.00, about 21.6% above its January 6 closing price of GBp51.80

The stock recently traded at 48 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nRSG8980Na

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(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.)