X-FAB Silicon Foundries (XFAB) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue reached $229 million, up 11% year-on-year and 6% quarter-on-quarter, exceeding guidance.

• EBITDA was $53.9 million, up 7% YoY and 4% QoQ, with a margin of 23.6% (24.2% excluding IFRS 15).

• Core markets (automotive, industrial, medical) contributed $216 million, 94% of total revenue.

• CEO transition announced: Damien Macq to succeed Rudi De Winter in February 2026.

• Net profit for Q3 was $16.6 million, with EPS at $0.13.

Financial highlights

• Gross profit for Q3 was $48.3 million, with a margin of 21.1%, down from 24.8% YoY.

• Cash and cash equivalents at quarter-end were $174.2 million, up $16.5 million from Q2; net debt decreased by $21.1 million.

• CapEx for Q3 was $23.5 million; YTD CapEx: $179 million.

• Net financial result was -$5.6 million, mainly due to interest expenses.

• Net cash from operating activities in Q3 was $49.9 million.

Outlook and guidance

• Q4 2025 revenue expected between $215 million and $225 million; EBITDA margin guidance 22.5%-25.5%.

• Full-year 2025 revenue expected in the range of $863 million-$873 million.

• Guidance based on USD/EUR rate of 1.17, excluding IFRS 15 impact.

• Visibility remains limited due to macroeconomic and geopolitical uncertainties.