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X-FAB Silicon Foundries (XFAB) investor relations material
X-FAB Silicon Foundries Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Full year 2025 revenue reached $873 million, up 7% year-over-year and within guidance; Q4 revenue was $222.3 million, up 18% year-on-year but down 3% sequentially.
Core business accounted for 94% of total revenue, growing 7% year-over-year to $814 million.
Industrial and medical segments showed strong growth, while automotive was soft due to inventory corrections and end of major LTAs.
Major capacity expansion completed in Malaysia; operational improvements led to higher yields and shorter cycle times.
Leadership transition: Damien Macq succeeds Rudi De Winter as CEO effective February 6, 2026.
Financial highlights
Q4 EBITDA was $42.3 million with a margin of 19%; excluding one-off SiC-related items, margin would have been 23.6%.
Cash and cash equivalents at year-end were $194.3 million, up $20.1 million sequentially; net debt decreased by $4.5 million.
CapEx for 2025 was $204.1 million, below initial projection; 2026 CapEx projected at $100 million.
Q4 order intake was $164 million, understating demand due to shorter cycles, higher yields, and last-time buys.
Q4 net income was $1.7 million; full-year net income was $30.1 million, down from $61.5 million in 2024.
Outlook and guidance
Q1 2026 revenue expected between $190 million-$200 million, with EBITDA margin of 18%-21%.
No full-year 2026 guidance due to limited visibility and macroeconomic uncertainty.
Cost-efficiency measures, including headcount reduction, to yield $6 million in quarterly savings by Q4 2026.
Short-term visibility remains limited, especially in automotive, due to inventory adjustments and geopolitical risks.
Long-term growth expected from operational improvements, new design wins, and alignment with mega trends in electrification and healthcare.
- TimeTickerHeadlineOpen
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Net income reached TRY 29.5 billion, with strong dividends and a robust net cash position.
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