Slide 1: 2025 Q4 and Full Year Earnings Updates
Drive for better vision : HIMX 2025 Q4 and Full Year Earnings Updates
Slide 2: Forward Looking Statements
Forward Looking Statements Factors that could cause actual events or results to differ materially from those described in this conference call include, but are not limited to, the effect of the Covid-19 pandemic on the Company’s business; general business and economic conditions and the state of the
Slide 3: 2025 Q4 Financial Summary
2025 Q4 Financial Summary EPS at the high-end of guidance range; 2025 Q4 Sales & Breakdown Revenues & GM in-line 10.7% Revenues $203.1M LDDIC • Increase 2.0% QoQ $21.7M • Guidance: Flat QoQ 20.8% GM 30.4% Non-Driver $42.3M • Increase 0.2% QoQ • Guidance: Flat to slightly up QoQ SMDDIC $139.1M EPS 3.
Slide 4: 2025 Q4 Financial Summary by Segment
2025 Q4 Financial Summary by Segment LDDIC Revenue $21.7M Beat 2025 Q4 Sales & Breakdown • +14.2% QoQ • Rush orders for both TV & NB IC products 10.7% • Customers restocking TV and monitor ICs LDDIC • New NB TDDI projects MP LDDIC $25.0M $21.7M SMDDIC Revenue $139.1M 20.8% • -1.3% QoQ Non-Driver Non
Slide 5: 2025 Q4 Operating Expenses & Profits
2025 Q4 Operating Expenses & Profits Operating Expenses $54.9M • -9.6% QoQ / +11.6% YoY • Continued strict budget and expense controls amid ongoing macro challenges Operating Income $6.8M • 3Q25 -$0.6M / 4Q24 $23.1M Operating Margin 3.4% • 3Q25 -0.3% / 4Q24 9.7% Net Profit $6.3M • 3Q25 $1.1M / 4Q24
Slide 6: 2025 Full Year Financial Summary
2025 Full Year Financial Summary Revenues $832.2M • -8.2% YoY 2025 Full Year Sales & Breakdown GM 30.6% 10.9% • 30.5% in 2024 LDDIC Operating Expenses $210.2M $90.7M -28.0% YoY • +1.1% YoY 20.0% Operating Income $44.1M Non-Driver • 2024 $68.2M $166.4M +7.0% YoY SMDDIC Operating Margin 5.3% $575.1M -
Slide 7: Balance Sheet as of December 31, 2025
Balance Sheet as of December 31, 2025 Q4 Free Cash Balance $286.2M Q4 Free Cash Balance increased from last quarter • 3Q25 $278.2M / 4Q24 $224.6M Q4 Inventories Q4 Operating Cash Inflow $16.8M vs. $6.7M in Q3 $152.7M US$M $400.00 $370.9 Inventory Level $335.2 $297.3 $300.00 $259.6 $217.3 $201.9 $203
Slide 8: 2026 Q1 Guidance
2026 Q1 Guidance Revenues Decline 2.0% to 6.0% QoQ Gross Margin Flat to slightly down QoQ Net Profit 2.0 cents to 4.0 cents per diluted ADS 7
Slide 9: 2026 Q1 Outlook
2026 Q1 Outlook Market under pressure from ongoing macro uncertainty Memory price increase further weighs on market sentiment for electronics Automotive segment is more immune to memory fluctuations Limited annual auto sector visibility amid the backdrop of uncertain government policy and consumer s
Slide 10: 2026 Q1 Outlook – Automotive Business
2026 Q1 Outlook – Automotive Business Optimistic about our long-term automotive business outlook Market Share: • 40% dominant market share in DDIC • Well over half in TDDI Strong technology leadership in all emerging automotive display areas • Local dimming Tcon, LTDI, Tcon for HUDs, OLED panels, Mi
Slide 11: 2026 Q1 Outlook – Beyond Display ICs
2026 Q1 Outlook – Beyond Display ICs Ultralow power AI, Front-lit LCoS microdisplay & waveguide and WLO • Becoming new meaningful growth drivers; Improve our product mix & profitability WiseEye AI • We are differentiated by offering total solutions • Enables battery-powered endpoint devices across a
Slide 12: 2026 Q1 Outlook – Smart Glasses
2026 Q1 Outlook – Smart Glasses AI is fueling a resurgence in smart glasses, creating new opportunities for WiseEye AI and LCoS Microdisplays WiseEye AI: Enhance device interactivity • Outward-facing environmental awareness and object recognition • Inward-facing eye-tracking and iris authentication
Slide 13: 2026 Q1 Outlook - WLO for CPO Updates
2026 Q1 Outlook - WLO for CPO Updates Himax-FOCI partnership to integrate WLO into CPO • 2026 main goal is to complete MP readiness; small quantity shipment for 2026 • Actively advancing multiple future generations of high-speed optical transmission technologies and advanced CPO architectures • Fina
Slide 14: 2026 Q1 Outlook - LDDIC
2026 Q1 Outlook - LDDIC Q1 LDDIC sales to increase single-digit QoQ • Continued replenishment of TV IC product from Chinese panel customers Our focus in notebook is on premium models featuring touch & OLED • Comprehensive IC offerings for both LCD & OLED • Touch IC for OLED NB Q1 MP with a leading N
Slide 15: 2026 Q1 Outlook – SMDDIC
2026 Q1 Outlook – SMDDIC Q1 SMDDIC sales to decline single-digit QoQ Auto driver IC (DDIC & TDDI) • Sales to decrease double digit QoQ, following 2 consecutive quarters of order replenishment • Seasonal softness due to Lunar New Year holidays + tapering effect of subsidy programs in major markets Lo
Slide 16: 2026 Q1 Outlook – Auto Advanced Technologies
2026 Q1 Outlook – Auto Advanced Technologies LTDI for ultra-large touch displays • Led the industry by introducing LTDI and commencing MP in 2023 • Meaningful LTDI sales contributions starting this year Single-chip TDDI integrating local dimming Tcon for smaller displays with form factor & budget co
Slide 17: 2026 Q1 Outlook – Smartphone and Tablet
2026 Q1 Outlook – Smartphone and Tablet Smartphone IC sales to increase QoQ • New OLED solutions began MP with a leading panel maker for a leading SMP brand’s mainstream model Tablet IC sales to increase QoQ • IC shipment for new premium OLED tablet • Developing value-added features (e.g. active sty
Slide 18: Non-driver Business Updates
Non-driver Business Updates Q1 non-driver revenue to decrease single-digit QoQ Q1 Tcon sales to decline single digit QoQ • Absence of ASIC Tcon shipments to a leading projector customer • Moderation in auto Tcon shipments following several quarters of growth FY25 auto Tcon sales grew ~ 50% YoY. Expe
Slide 19: Non-driver Business – Tcon for HUDs
Non-driver Business – Tcon for HUDs HUD poised to become a central element of next-generation smart cockpits, fueling demand for advanced Tcon • Launched a multifunctional integrated Tcon featuring the industry’s first full-area selectable local de-warping, combined with local dimming and OSD • Supp
Slide 20: WiseEye Ultralow Power AI Sensing
WiseEyeTM Ultralow Power AI Sensing WiseEyeTM WiseEye is an ultralow power AI sensing total Context-aware, on-device AI inferencing solution, targeting endpoint device markets • Context-aware, on-device AI inferencing • Industry-leading power efficiency of just a few milliwatts • Compact form factor
Slide 21: WiseEye – Diverse AI Applications
WiseEye _ Diverse AI Applications NB: Human Presence Detection Posture Reminders • Human presence detection already expanding adoption among leading brands • Additional feature upgrades being developed with notebook customers • Gesture recognition, allowing page scrolling or volume adjustment withou
Slide 22: WiseEye – Diverse AI Applications
WiseEye _ Diverse AI Applications Surveillance: Newly introduced WiseGuard Multiple Individuals Tracking • Accurately detecting and tracking multiple individuals (presence, location, movement) • Proactive and continuous: Anticipate and capture important events in advance • Performs always-on sensing
Slide 23: WiseEye in AR and AI Glasses
WiseEye in AR and AI Glasses Always-on outward vision sensing for environmental Smart Glasses + WiseEye AI awareness, object recognition and spatial mapping Iris & Eye & Gaze Precise inward vision sensing for iris authentication & Tracking tracking eye movements, gaze direction, and pupil dynamics f
Slide 24: Contact Us
Contact Us Company Karen Tiao, Head of IR/PR Corporate Tel: +886-2-2370-3999 Counsel hx_ir@himax.com.tw Mark Schwalenberg, Director SEC Legal Investor Relations - US Representative Counsel MZ North America Tel: +1-312-261-6430 HIMX@mzgroup.us Auditor www.mzgroup.us
Slide 25: Drive for better vision
—) Hirmmax Drive for better vision