Logotype for Oxford Instruments plc

Oxford Instruments (OXIG) investor relations material

Oxford Instruments H1 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Oxford Instruments plc
H1 2026 earnings summary11 Nov, 2025

Executive summary

  • Strategic progress achieved through operational simplification, commercial execution, and regional realignment, despite significant Q1 disruption from tariffs and US academic funding cuts; order momentum recovered in Q2.

  • Advanced Technologies division delivered 25%+ order growth, driven by compound semiconductor demand and commercial customer focus, with new cleanroom capacity supporting growth.

  • Imaging & Analysis faced Q1 order and revenue drop due to tariffs and funding cuts, but Q2 saw stabilization and cost restructuring.

  • Sale of NanoScience business progressing, with proceeds expected in H2/Q3 to strengthen balance sheet and focus on higher-margin segments.

  • Share buyback program extended by £50m to £100m, with £32m completed by 31 October, reflecting confidence in financial position.

Financial highlights

  • H1 revenue declined 7.9%–9.2% OCC to £185.5m, with order intake flat at £205.2m; adjusted operating profit fell 22.9%–30% to £24.7m.

  • Gross margin stable at 55%; adjusted operating margin declined to 13.3%; free cash flow improved to £0.2m from a £7.1m outflow.

  • Interim dividend increased 5.9% to 5.4p per share.

  • Net cash at period end was £45.1m, with £57m from NanoScience sale pending.

  • Statutory profit after tax from continuing operations dropped 40.6% to £15.1m.

Outlook and guidance

  • H2 expected to be stronger, with margin improvement from cost actions and order recovery; Advanced Technologies H2 revenue projected to grow in the mid-teens, Imaging & Analysis H2 revenue expected flat year-over-year.

  • Full-year adjusted operating profit anticipated broadly in line with prior year on OCC basis, with a reported decline of 6–9% due to FX headwinds.

  • Margin improvement supported by £4m cost benefits from Belfast restructuring; currency headwinds expected to impact full-year results by £5.5m, but hedging limits further risk.

  • Confident in achieving medium-term targets, with operational leverage and cost actions supporting margin expansion.

  • Macro and tariff uncertainties persist; further trading update scheduled for January 2026.

AT: Path to 10-12% operating margin target?
I&A: Impact of H1 self-help actions on H2?
Capital allocation: Rationale for increased buyback?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Oxford Instruments earnings date

Logotype for Oxford Instruments plc
Q3 2026 TU15 Jan, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Oxford Instruments earnings date

Logotype for Oxford Instruments plc
Q3 2026 TU15 Jan, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Oxford Instruments plc engages in the development, manufacturing and marketing of equipment that enables customers to make breakthroughs in research and development. The company operates through three segments: Materials & Characterisation, Research & Discovery, and Service & Healthcare. Oxford Instruments plc was founded in 1959 and is headquartered in Abingdon, the United Kingdom.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage