The chip designer forecast Q3 revenue growth of 7% to 11% quarter over quarter, with gross margin around 34% and profit of 8.0 cents to 10.0 cents per diluted ADS.
Himax Technologies reported second-quarter 2026 results above its May 7 guidance, helped mainly by stronger-than-expected automotive IC sales and a richer mix of higher-margin automotive products. Revenue reached $227.4 million, up 14.2% from the prior quarter, gross margin climbed to 33.1%, and after-tax profit was $19.9 million, or 11.4 cents per diluted ADS. For the third quarter, the company expects revenue to rise 7% to 11% quarter over quarter, gross margin to be around 34%, and profit per diluted ADS to be 8.0 cents to 10.0 cents. Himax said automotive remained its largest revenue contributor at well over 50% of total sales in the quarter and reiterated optimism on long-term growth in automotive display ICs as smart vehicle interiors add more and larger displays. The company also highlighted momentum in smart glasses through its WiseEye ultralow power AI sensing platform and said its co-packaged optics, or CPO, products began engineering production ramps, with 2027 shipments expected to be significantly higher than in 2026 and to start making a meaningful financial contribution.