X-FAB Silicon Foundries SE (XFAB) Earnings Call Transcripts

X-FAB Silicon Foundries SE's Latest Earnings Call - Q1 FY2026

In Q1 2026, X-FAB Silicon Foundries reported revenues of $195.6 million, a decline of 4% year-on-year and 12% quarter-on-quarter. The automotive segment, which constitutes a significant portion of revenue, saw a 10% year-on-year decrease, attributed to inventory adjustments and limited visibility. Despite these challenges, management indicated a cautious optimism for a recovery in the automotive sector in the second half of 2026, maintaining guidance for Q2 revenue between $190 million and $200 million with an EBITDA margin of 17% to 20%.

Reported metrics

Guidance from management

Management expects Q2 2026 revenue between $190 million and $200 million with an EBITDA margin of 17% to 20%. They anticipate a recovery in the automotive business in the second half of 2026.

What management said

Well, G&A is a bit a tricky one, especially this year because we are implementing a new ERP. So yes, these years G&A is also impacted by the implementation of the new ERP SAP in our system. So of course, the G&A costs are going up. So we are facing some years of increased G&A. If you looked at the evolution, you might have seen that already. And this should go down then after the implementation of SAP. We should be r...

Yes. So we have built quite some capacity in silicon carbide. So we can run up to 10,000 wafer a month. And at this moment, we are right at the 60%. Also in the low 60%, we load around 6,000 wafers of silicon carbide in this available corridor. And there, we want to make sure we are ready for the growth that we see quarter-over-quarter. So it's a bit...

What analysts pressed on

Analysts expressed concerns about the ongoing weakness in the automotive sector, particularly related to the largest customer’s inventory management. They also questioned the sustainability of order intake patterns and the implications for backlog levels.

Main topics on the call

• Automotive Revenue Decline — Automotive revenue fell to $121.6 million, down 10% year-on-year, primarily due to inventory adjustments from the largest customer. Management noted, "the structural trend towards electrification, customization and ADAS ...
• Industrial and Medical Growth — The industrial segment grew by 32% year-on-year to $52 million, driven by demand for silicon carbide and data center power management. Medical revenue also surged by 39% to $19.2 million, highlighting strong performance ...
• Backlog and Order Intake — Order intake increased 3% sequentially to $169.4 million, while backlog stood at $308.4 million. Management acknowledged cautious ordering behavior in automotive but expressed confidence in underlying demand.
• Cost Management and EBITDA Margin — Q1 EBITDA was $34.2 million with a margin of 17.5%. Management expects cost savings from ongoing programs to materialize by the end of 2026, which should improve margins as volumes recover.

Read the full X-FAB Silicon Foundries SE transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 21 X-FAB Silicon Foundries SE earnings call transcripts on record, spanning July 29, 2021 to July 30, 2026. Based on this history, X-FAB Silicon Foundries SE reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

XFAB

Exchange

ENXTPA

Country

FR

Sector

Information Technology

Industry

Semiconductors and Semiconductor Equipment

Calls on record

21

First call

July 29, 2021

Most recent

July 30, 2026

Reporting cadence

quarterly