X-FAB Q2 2025 Earnings Call Transcript: Revenue Up 5% YoY, Full-Year Guidance Upped to $840-$870M

X-FAB Silicon Foundries SE reported Q2 2025 revenues of $215 million, up 5% YoY and 5% QoQ. Excluding IFRS 15 impact, revenue was $218 million, exceeding the guidance of $200 million to $210 million. The core markets of automotive, industrial, and medical sectors saw revenue of $206 million, up 8% YoY and 9% QoQ. The company upgraded its full-year revenue guidance to $840 million to $870 million.

X-FAB Silicon Foundries SE reported strong financial results for the second quarter of 2025, with revenues of $215.3 million, marking a 5% year-on-year (YoY) and 5% quarter-on-quarter (QoQ) increase. Excluding the impact from revenue recognized over time (IFRS 15), revenue was $218.3 million, surpassing the guided range of $200 million to $210 million [1].

The company's core markets—automotive, industrial, and medical sectors—generated $205.7 million in revenue, representing a 94% share of total revenue. This segment saw an 8% YoY and 9% QoQ increase, driven by strong demand for electric vehicle (EV) applications and growth in the industrial end-market [1].

X-FAB's industrial business recorded a 37% YoY and 20% QoQ growth, while the medical sector saw a 14% YoY and 9% QoQ increase, primarily driven by medical-grade contactless temperature sensors [1]. The company also reported a sequential increase in revenue across all technologies for the second consecutive quarter, with CMOS revenue rising by 11% YoY [1].

The company's order intake has increased strongly for two consecutive quarters, with second-quarter bookings reaching $207.2 million, up 19% from the previous quarter. The backlog for the second quarter amounted to $412.9 million, compared to $386.7 million at the end of the previous quarter [1].

X-FAB's EBITDA for the second quarter was $51.6 million, with an EBITDA margin of 24.0%, excluding IFRS 15 impact. The company's full-year revenue guidance has been upgraded to $840 million to $870 million, with an anticipated EBITDA margin between 24% and 27% [1].

The company's CEO, Rudi De Winter, expressed optimism about the company's performance and future prospects, stating, "We are presenting a solid set of results for the second quarter and expect this positive trend to continue in the second half of the year" [1].

References:
[1] https://finance.yahoo.com/news/x-fab-second-quarter-2025-154000824.html