ams-OSRAM(MX:AMS1N)
MX:AMS1N
ams-OSRAM earnings date
ams-OSRAM (AMS1N) Q3 2026 Earnings Report
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MX:AMS1N Q3 2026 EPS Results
- Actual EPS
- -MXN 7.36
- Consensus EPS
- -MXN 0.76
- Beat/Miss
- Missed by -MXN 6.60
- One Year Ago EPS
- MXN 5.52
MX:AMS1N Q3 2026 Revenue Results
- Actual Revenue
- MXN 15.37B
- Expected Revenue
- MXN 17.12B
- Beat/Miss
- Missed by -MXN 1.76B
- YoY Revenue Growth
- -12.84%
Earnings Announcement Details
- Quarter
- Q3 2026
- Date
- 11/13/2026
- Time
- Before Open
- Conference Call
- Friday, November 13, 2026
MX:AMS1N Upcoming Earnings
ams-OSRAM's next earnings date is estimated for February 16, 2027, based on past reporting schedules.
Q3 2026 Earnings Call Audio
MX:AMS1N Q3 2026 Earnings Call
0:00 / 0:00
Q3 2026 Earnings Slide Deck
Q3 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call was broadly positive: the core portfolio grew on a like-for-like basis, Opto Semiconductors and Lamps & Systems delivered strong results, design wins were substantial, liquidity and net debt improved, and AI photonics technology and ecosystem validation advanced. Offsetting issues included reported revenue and adjusted EBITDA declines caused by divestments, weakness in the China Android market, short-term orders, supply-chain constraints, low-margin LSP manufacturing services and the early commercialization stage of AI photonics. Positive operating and strategic developments significantly outweighed the stated challenges.
Company Guidance
For Q4, ams-OSRAM expects revenue between EUR 750 million and EUR 850 million and an adjusted EBITDA margin of 16%, plus/minus 1.5 percentage points, assuming a euro to dollar exchange rate of 1.12; in Semiconductors, it expects the typical seasonal decline, while in Lamps & Systems it expects the usual seasonal peak in the traditional automotive lamp business. For fiscal '27, the company continues to see positive free cash flow, remains on track towards its approximately EUR 5 billion objective for the year in semiconductor design wins, and has delivered more than EUR 20 million of run-rate savings to date towards the EUR 200 million target by fiscal '28. The company also cited a 25% margin target, with OS expected to reach 25% earlier than LSP and the company stating that within the next years it is quite positive it will get there.
- Core Portfolio Growth and Q3 RevenueThe semiconductor core portfolio grew 3% year-on-year on a like-for-like basis, led by 8% comparable growth in Opto Semiconductors. Group revenue reached EUR 829 million, up 3% sequentially, and adjusted EBITDA margin was 16.3%, above the midpoint of guidance.
- Strong Opto Semiconductors PerformanceOpto Semiconductors revenue increased 9% sequentially and 9% year-on-year to EUR 399 million. Adjusted EBITDA rose 19% sequentially to EUR 77 million, with the margin improving to 19.2% due to higher volumes and better factory performance.
- Automotive Share and Content GainsAutomotive revenue increased 2% sequentially and approximately 4% year-on-year on an underlying basis, as continued content and market share gains more than offset softer market conditions. The company said it is continuing to gain market share slowly but steadily in LED products, particularly high-density forward lighting.
- Strong Lamps and Systems Seasonal PerformanceLamps & Systems revenue increased 11% sequentially to EUR 204 million. The automotive lamps business grew 9% year-on-year, while adjusted EBITDA increased 40% sequentially to EUR 47 million and the margin expanded to 23.1% on higher volumes and improved factory performance. The company also benefited from customers asking it to supply products following the insolvency of key competitor First Brands.
- Industrial and Medical Underlying GrowthIndustrial & Medical revenue was EUR 196 million, down 4% sequentially due to deconsolidation of the non-optical sensor business, while underlying growth remained strong at approximately 23% year-on-year, driven by continued industrial recovery, particularly in horticulture and professional lighting.
- Design-Win MomentumThe company secured approximately EUR 1.3 billion of new semiconductor design wins in Q3, bringing the nine-month total to approximately EUR 3.8 billion and keeping it on track toward its approximately EUR 5 billion objective for the year. Momentum was described as broad-based across end markets and regions.
- Broad-Based Automotive, Industrial and Consumer WinsAutomotive design wins continued across forward lighting, signaling and interior applications, with particular strength in advanced high-definition forward lighting. The company also secured new platform design wins for panoramic head-up displays, saw continued traction in professional lighting in Europe and the Americas, and won consumer business in display management, camera enhancement and ambient light sensing.
- EVIYOS and Advanced Optical Sensing ProgressEVIYOS continued to scale with more than EUR 50 million of additional design wins in Q3. The multi-zone direct time-of-flight platform moved further into commercialization, with the first flagship Android smartphone design win ramping soon.
- Panoramic Head-Up Display OpportunityThe company is supplying advanced automotive LEDs for panoramic head-up displays and is working with leading Tier 1s and OEMs. According to Omdia, panoramic head-up display volumes are expected to grow from less than 1 million units today to more than 8 million units in 2031 and beyond.
- Commercial Smartphone System IntegrationThe vivo X500 Pro Max uses three ams-OSRAM sensing technologies: a behind-OLED spectral sensor, a multi-zone direct time-of-flight sensor and a multichannel spectral sensor. The company said the combination supports display adaptation, autofocus, subject tracking, color production and image capture under challenging lighting conditions.
- AI Photonics Technology MilestonesThe 850-nanometer thin-film microVCSEL platform demonstrated error-free 32-gigabit-per-second NRZ operation at approximately 0.25 picojoules per bit on pixel device level with a pitch below 50 micrometers. The company said key performance and reliability milestones had been achieved and that the key elements of the technology stack had been validated.
- Wide-and-Slow Ecosystem ValidationThe Credo-led OCP workstream for interoperable short-reach micro-emitter optical links is advancing ecosystem validation and industry standardization. ams-OSRAM micro-emitters will feature in Credo's active light cable demonstrator, and the company is working with BizLink on the fiber and connector interface.
- AI Photonics Platform CapabilitiesThe company is combining micro-emitters, photodetectors, CMOS know-how, thin-film processing, through-silicon-via integration, wafer-level packaging and test within one industrial platform. It stated that driver, TIA, interposer and photodiode capabilities already exist, while micro-photodiode and micro-emitter arrays remain active development work.
- Improved Liquidity and Lower Net DebtCash on hand stood at EUR 1.39 billion at the end of September, available liquidity was approximately EUR 1.9 billion, and net debt excluding the Kulim 2 sale and leaseback declined to EUR 883 million. Including the sale and leaseback, net debt was EUR 1.34 billion. Management said the maturity profile is staggered and liquidity provides substantial coverage for near-term obligations.
- Strong Q3 Free Cash Flow from Divestment ProceedsFree cash flow was EUR 462 million in Q3, driven by EUR 569 million of divestment proceeds from the sale of the non-optical sensor business to Infineon. Cash flow related to capital expenditure was minus EUR 45 million, described as fully in line with the company's disciplined investment approach.
- Simplify Savings ProgressExecution of the Simplify program continued, with more than EUR 20 million of run-rate savings delivered to date toward the EUR 200 million target by fiscal 2028. Management also cited value-added production measures, procurement savings and productivity improvements as additional sources of planned savings.
- Positive Q4 and Fiscal 2027 OutlookFor Q4, the company expects revenue between EUR 750 million and EUR 850 million and an adjusted EBITDA margin of 16%, plus or minus 1.5 percentage points, assuming a euro-to-dollar exchange rate of 1.12. For fiscal 2027, management continues to expect positive free cash flow.
MX:AMS1N Earnings History
| Report Date | Fiscal Quarter | Forecast / EPS | Last Year's EPS | EPS YoY Change | Press Release |
|---|---|---|---|---|---|
| Feb 16, 2027 | 2026 (Q4) | -2.45- | 7.15 | ― | ― |
| Nov 13, 2026 | 2026 (Q3) | -0.76-7.36 | 5.52 | -233.33% (-12.87) | |
| May 06, 2026 | 2026 (Q1) | -8.40-15.12 | -4.7 | -221.74% (-10.42) | |
| May 06, 2026 | 2026 (Q2) | -3.82-11.44 | 3.68 | -411.11% (-15.12) | |
| Feb 10, 2026 | 2025 (Q4) | 2.337.15 | 0.61 | 1066.67% (+6.54) | |
| Nov 18, 2025 | 2025 (Q3) | 1.965.52 | 7.56 | -27.03% (-2.04) | |
| Jul 31, 2025 | 2025 (Q2) | 1.803.68 | -0.2 | 1900.00% (+3.88) | |
| Apr 30, 2025 | 2025 (Q1) | -3.92-4.70 | -6.13 | 23.33% (+1.43) | |
| Feb 11, 2025 | 2024 (Q4) | 1.840.61 | -6.13 | 110.00% (+6.74) | |
| Nov 07, 2024 | 2024 (Q3) | 3.727.56 | 12.08 | -37.39% (-4.52) |
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat Missed
