First Sensor (SIS) Q3 2025 earnings summary

Executive summary

• Sales declined sharply in Q3 2025 to €19.8 million, down €10.6 million year-over-year, with nine-month sales at €72.1 million, €18.0 million below the prior year.

• Customer demand was especially weak in Germany and Asia, with both regions seeing sales drop over 20%.

• Management reduced full-year sales guidance to €85–95 million and postponed some investment projects.

• Measures have been taken to address the downturn, with expectations of improved order volumes from major customers in coming months.

Financial highlights

• Q3 2025 revenue: €19.8 million (Q3 2024: €30.4 million); nine-month revenue: €72.1 million (prior year: €90.1 million).

• EBITDA for nine months: €1.8 million (prior year: €8.3 million); EBIT: €-3.2 million (prior year: €3.1 million).

• Net loss for nine months: €-3.0 million (prior year net profit: €3.3 million); EPS: €-0.29 (prior year: €0.32).

• Gross profit fell to €45.0 million (prior year: €50.9 million); gross margin impacted by higher cost of materials ratio (50.2% vs. 46.5%).

• Operating cash flow improved to €12.9 million (prior year: €-3.7 million), mainly due to loss compensation under the control agreement.

Outlook and guidance

• Full-year 2025 sales guidance lowered to €85–95 million, down from previous €110–120 million.

• Investment volume for the year adjusted to €3.5–5.5 million, with some projects postponed.

• Management expects business improvement as major customers plan to increase orders.