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Espressif Systems (688018) investor relations material
Espressif Systems Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 30.97% year-over-year revenue growth for the first three quarters of 2025, reaching CNY 1,912.25 million, with net income up 50.04% to CNY 376.76 million.
Q3 revenue grew 23.51% year-over-year but declined 3.05% sequentially, partly due to Q2 demand pull-forward from China’s consumption stimulus.
Growth in industrial, energy, and healthcare sectors outpaced smart home, reflecting broader adoption of wireless SoC solutions.
Financial highlights
Q3 2025 revenue: CNY 666.71 million; gross profit: CNY 319.85 million; net income: CNY 116.50 million.
Nine-month revenue: CNY 1,912.25 million; gross margin: 46.17%; net income: CNY 376.76 million.
Operating cash flow for nine months: CNY 310.07 million, up from CNY 91.65 million year-over-year.
Basic and diluted EPS for nine months: CNY 2.4280, recalculated after capital reserve to equity conversion.
Outlook and guidance
Non-smart-home IoT applications are growing faster than smart home, supporting gross margin.
Management expects continued expansion in industrial, energy, and healthcare digitalization.
- TimeTickerHeadlineOpen
- 7 Feb517271
Strong revenue and profit growth, interim dividend, and major investments approved. - 7 Feb514167
Quarterly and nine-month results reflect solid revenue, profit, and compliance with new labour codes. - 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand.
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