Business
Soitec Reports Fourth Quarter Revenue and Full-Year Results of Fiscal Year 2026
Soitec Reports Fourth Quarter Revenue and Full-Year Results of Fiscal Year
About this update from Soitec Sa
[{"type":"text","content":"SOITEC REPORTS FISCAL 2026 FULL-YEAR RESULTS DISCIPLINED EXECUTION AND RESTORED FREE CASH FLOWPAVE THE WAY FOR SUSTAINABLE, PROFITABLE GROWTH+25% sequential revenue growth in Q4’26 at constant currency and scope vs. Q3’26, exceeding the c. 20% guidance€592m revenue in FY26, down -34% year-on-year on a reported basis (-30% at constant currency and scope), reflecting ongoing customer inventory correctionStrong momentum in Photonics-SOI, a powerful growth driver addressing surging AI data center demand, with revenue above $100m in FY26FY26 EBITDA1 margin2 at 25.4% with return to positive Free Cash Flow of €63m, demonstrating disciplined execution and tight working capital managementNet debt / EBITDA ratio of 0.4x, underscores a robust balance sheetStrategically positioned for expansion; poised to exploit growth opportunities with continued focus on execution and financial disciplineQ1’27 revenue expected up around 15% year-on-year, at constant currency and scope; Soitec working to reduce revenue seasonalityFY27 Capex cash-out expected around €100m, vs. €135m in FY26Bernin (Grenoble), France, May 27th, 2026 – Soitec (Euronext Paris), a world leader in the design and manufacturing of innovative semiconductor materials, today reported its consolidated revenue for the fourth quarter and full-year results for fiscal year 2026 (period ended March 31st, 2026).Laurent Rémont, CEO of Soitec, commented:“In a challenging and uncertain environment, Soitec’s FY26 performance reflects varied end-market dynamics and the Group’s deliberate actions to restore cash generation. In this context, Soitec has remained focused on disciplined execution, restoring positive Free Cash Flow and strengthening its financial position, as necessary steps toward sustainable, profitable growth. Our Q4’26 showed sequential improvement over Q3’26, above guidance, with continued momentum in AI-driven activities, in particular Photonics-SOI, a key pillar of the Group’s expansion into high-growth markets. Our priority, along with the team, is to build on these solid foundations with a clear commitment to value creation. I am confident that Soitec is well placed to thrive in a new chapter.” Q4’26 Revenue - Sequential improvementQ4'26 revenue by end-market Q4’26Q4’25Q4’26/Q4’25 (Euros millions) change reportedchg. at const. FX ...