Elmos Semiconductor Reports Strong Q3 Growth, Confirms Outlook

Elmos Semiconductor AG reported a strong third quarter of 2026, with sales increasing by 18.4% year-over-year to €166.7 million. This growth was coupled with a significant improvement in profitability, as the operating EBIT margin rose by 2.1 percentage points to 24.6%, reaching €41.0 million.

The company’s positive trajectory continued through the first nine months of the year, with sales growing 16.4% to €481.2 million. More notably, operating EBIT for this period increased by 33.6% to €116.8 million, further expanding the operating EBIT margin to 24.3%. This demonstrates a clear and accelerating trend in profitability, driven by both revenue growth and improved operational efficiency. Operating adjusted free cash flow also saw a substantial increase, rising 60.9% to €87.8 million for the first nine months, reaching 18.2% of sales.

Capital expenditures remained disciplined, decreasing by 41.3% year-over-year to €14.1 million, representing 2.9% of sales for the first nine months. This strategic control of capital spending, alongside increased cash generation, positions Elmos to navigate potential market fluctuations and invest in future growth opportunities. The company attributes these results to sustained high demand and strong operating performance, particularly within the automotive sector.

Based on these strong results, Elmos has reaffirmed its full-year guidance for 2026, projecting sales growth of 12% ± 2 percentage points and an operating EBIT margin between 23% and 26%. The company also anticipates an operating adjusted free cash flow margin of 19% ± 2 percentage points, signaling continued financial strength and a commitment to delivering value to shareholders. The results confirm Elmos’s profitable growth trajectory, as evidenced by a 9-month operating EBIT margin of 24.3% compared to 21.1% in the prior year.