Melexis Nv · EURONEXT:MELE
Melexis Nv — Melexis Nv Ieper — FY2025 Earnings Presentation
32 slides from Melexis Nv's earnings presentation, Feb 1, 2026
Slide 1: Full Year 2025 Results
Full Year 2025 Results BSUltitiiiwe@e' Melexis”
Slide 2: What do we do?
What do we do? Melexis engineers microelectronic solutions. Our technology makes cars and other products smarter, safer and greener. Our sensors capture data from the analog world and comprehend these data digitally. Our drivers make sure customers can bring their products to life. The content of th
Slide 3: From idea to solution
From idea to solution Define Design and layout Wafer probe Final test Chips ? What we do External 350-110 nm (8”) 130 nm (8”) 90 nm (12”) 40 nm (12”) Wafer fab IC assembly Module assembly Full solutions
Slide 4: 20 locations on continents
3 continents Sales & Applications Belgium – Ieper, Tessenderlo Taipei Manufacturing Belgium – Ieper Greater China – Shanghai, Shenzhen, Bulgaria – Sofia France – Corbeil-Essonnes Research & Development Belgium – Ieper, Tessenderlo Bulgaria – Sofia France – Sophia Antipolis, Paris 20 locations France
Slide 5: Markets
Markets AUTOMOTIVE ALTERNATIVE MOBILITY SUSTAINABLE WORLD ROBOTICS DIGITAL HEALTH The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 6: Automotive
Automotive
Slide 7: Melexis chips in every new car
Melexis Chassis - Body - Safety chips in ADAS / Dashboard GPU cooling Washing liquid level detection Wiper every Rain-light sensor Hood lock switch LED headlight ventilation fan LED and laser headlight control new car Tire pressure monitoring system (TPMS) Smart tire sensor Ride height Electrical po
Slide 8: Major automotive trends
Major automotive trends Electrification Premiumization ADAS ● EV powertrain ● Interior and exterior ● E-braking and ● Thermal management lighting E- steering ● Battery ● Motors (seat, window, ● Dynamic lighting ● Power management HVAC, grille shutter) ● TPMS Melexis has a well diversified portfolio, l
Slide 9: Melexis ranks 4th worldwide in automotive sensors
Melexis ranks 4 th worldwide in automotive sensors Source: TechInsights (April 2025) The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 10: Technology leadership
Technology leadership Automotive Growth Drivers Steering & EV Thermal Thermal Interior Braking Powertrain management management Lighting Sensors Sensors Sensors Drivers Drivers 1 Melexis 1. Melexis 1. Melexis 1. Melexis 1. Melexis 2 Infineon 2. Allegro 2. TDK 2. Elmos 2. Indie 3. Allegro 3. Novosense
Slide 11: Melexis: Automotive Service Addressable Market
Melexis: Automotive Service Addressable Market Growth Drivers outperform with 11% revenue CAGR 5 year 5 year 5 year CAGR CAGR CAGR 4% 7% 11% 2025 Melexis Other 2030 Growth Drivers The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 12: EV powertrain
EV powertrain ▪ AC phase current monitoring ▪ Rotor position sensing ▪ Power module temperature monitoring ▪ Safety cover open/close detection ▪ Boosting power module performance
Slide 13: EV thermal management
EV thermal management ▪ Pressure & temperature monitoring ▪ E-compressor current sensing ▪ Fast charge current monitoring ▪ Valve & pump positioning & controlling ▪ Refrigerant pressure sensing
Slide 14: EV battery
EV battery ▪ AC & DC current monitoring ▪ Pack & cell level pressure monitoring ▪ Contactless temperature monitoring ▪ Hydrogen sensing ▪ Cell level voltage, temperature and impedance monitoring
Slide 15: E-braking & E-steering
E-braking & E-steering ▪ Wheel angle position & torque sensing ▪ Pedal position sensing ▪ Caliper position & force sensing ▪ Rotor positioning ▪ Park lock motor positioning & controlling
Slide 16: Lighting
Lighting ▪ Interior ambient lighting ▪ Animated lighting ▪ Logo & grille illumination ▪ Daytime running light ▪ Rear lighting
Slide 17: Robotics require many sensors and drivers
Robotics require many sensors and drivers ● Joints ○ Position sensors ○ Compact Motor drivers ○ Torque sensors ● Battery management ○ Thermal sensing ○ Current sensing ● Power train (2-, 3-, 4-wheels) ○ Motor drivers ● End effectors ○ Force sensors ○ Thermal sensors ● Environment sensing ○ Thermal s
Slide 18: End-to-end China Strategy
End-to-end China Strategy 端到端的中国 战略 ￭ Local outsourced semiconductor assembly and test (OSAT) partner 外包半导体封装测试合作伙伴 ￭ Chinese semiconductor wafer fabrication partner 中国晶圆制造合作伙伴 ￭ Locally embedded logistics hub 本地物流中心 The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved
Slide 19: Melexis is at the forefront of innovation
Melexis is at the forefront of innovation The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 20: Evolution Financials 2001-2025
Evolution Financials 2001-2025 Turnover Q4 2025: 214.5 mln EUR FY 2025: 839.6 mln EUR Gross result Q4 2025: 82.3 mln EUR (38.4%) FY 2025: 324.0 mln EUR (38.6%) Operating result Q4 2025: 31.5 mln EUR (14.7%) FY 2025: 134.0 mln EUR (16.0%) The content of this presentation is CONFIDENTIAL & PROPRIETARY
Slide 21: Q4 2025 results at a glance
Q4 2025 results at a glance Sales Gross margin Operating result 38.4% 14.7% 214.5 mln EUR 82.3 mln EUR 31.5 mln EUR +9% Y-o-Y +6% Y-o-Y +14% Y-o-Y Net result Operating cash flow Net debt 0.56 EPS (before working capital changes) 22.6 mln EUR 44.7 mln EUR 279.7 mln EUR +24% Y-o-Y +32% Y-o-Y Outlook Me
Slide 22: Profit & loss
Profit & loss Q4 2025 versus Q4 2024 versus Q3 2025 P&L account Q4 2025 % of Sales Q4 2024 % of Sales Q3 2025 % of Sales (in million EUR) Sales 214.5 100.0% 197.4 100.0% 215.3 100.0% Cost of goods sold -132.2 -61.6% -119.8 -60.7% -131.9 -61.2% Gross margin 82.3 38.4% 77.6 39.3% 83.4 38.8% R&D -31.1 -
Slide 23: FY 2025 results at a glance
FY 2025 results at a glance Sales Gross margin Operating result 38.6% 16.0% 839.6 mln EUR 324.0 mln EUR 134.0 mln EUR -10% Y-o-Y -19% Y-o-Y -39% Y-o-Y Net result Operating cash flow Net debt 2.78 EPS (before working capital changes) 112.5 mln EUR 197.8 mln EUR 279.7 mln EUR -34% Y-o-Y -25% Y-o-Y Outl
Slide 24: Profit & loss
Profit & loss FY 2025 versus FY 2024 P&L account FY 2025 % of Sales FY 2024 % of Sales (in million EUR) Sales 839.6 100.0% 932.8 100.0% Cost of goods sold -515.6 -61.4% -531.5 -57.0% Gross margin 324.0 38.6% 401.4 43.0% R&D -115.9 -13.8% -110.3 -11.8% G&A -54.3 -6.5% -51.4 -5.5% Selling -19.8 -2.4% -
Slide 25: Balance Sheet
Balance Sheet Q4 2025 versus Q4 2024 versus Q3 2025 Balance Sheet Q4 2025 Q4 2024 Q3 2025 (in million EUR) Total assets 903.3 894.3 921.6 Current assets Cash 34.6 32.7 33.3 Inventory 300.3 262.8 299.1 A/R Trade 107.9 102.2 106.8 Non-current assets 323.9 421.7 346.0 Shareholders' equity 484.5 567.5 5
Slide 26: Q4 2025 cash flow
Q4 2025 cash flow Mln. EUR Free cash flow of 39 mln EUR Dividend paid of 52 mln EUR The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 27: FY 2025 cash flow
FY 2025 cash flow Mln. EUR Free cash flow of 97 mln EUR Dividend paid of 148 mln EUR The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 28: Melexis target operating model
Melexis target operating model Outperform our markets through innovation and profit growth through the cycle Sales Gross margin EBIT margin high single digit CAGR 45% 25% Key assumptions ● Outperform where we play (SAM: 7% automotive, higher in multi-markets) ● Volume assumptions: automotive producti
Slide 29: Cash return to shareholders
Cash return to shareholders Yield based on average share price ￭ Solid dividend yield and long track record ￭ Share buy-back program for up to 850 thousand shares for an amount of up to EUR 50 million renewed in December 2025 The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights
Slide 30: Shareholder structure and shareholder return
Shareholder structure and shareholder return The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.
Slide 31: Industry first
2011 2014 2020 Multi-channel 2023 INDUSTRY FIRST • Fully integrated passive entry 2017 RGB-LED driver enabling high-speed • First contactless automotive qualified NFC light animations temperature to be (MeLiBu®) 1996 2005 • 3D camera sensor • WPC & NFC automotive solution • Time-of-flight chipset inte
Slide 32: Melexis Investor Relations
Melexis Investor Relations Philip Ludwig Investor Relations investor@melexis.com The content of this presentation is CONFIDENTIAL & PROPRIETARY. ALL Rights Reserved.