Infineon Technologies Ag · XETR:IFX

Infineon Technologies — Infineon Tech — Q4 2025 Earnings Presentation

85 slides from Infineon Technologies's earnings presentation, Nov 12, 2025

Slide 1: Fourth Quarter FY 2025 Quarterly Update
Fourth Quarter FY 2025 Quarterly Update Infineon Technologies AG Investor Relations 1
Slide 2: Infineon at a glance
Infineon at a glance Addressing long-term high-growth trends FY25 revenue by segment Automotive (ATV) 10% Green Industrial Power (GIP) Power & Sensor Systems (PSS) 29% 50% Connected Secure Systems (CSS) Energy Mobility IoT green and efficient clean and safe smart and secure 11% Financials FY25 reven
Slide 3: Well-balanced portfolio among segments and key applications
Well-balanced portfolio among segments and key applications, highest growth coming from Decarbonization and Digitalization FY25 revenue of €14,662m by segment and key application CSS E-mobility Other 10% 13% 20% Software- 11% defined vehicle Automation & Drives 4% PSS 29% ATV 50% Smart Cards 4% 8% A
Slide 4: Infineon is the leader across key markets
Infineon is a global player, clear #1 in power semiconductors, Automotive semis and automotive microcontroller markets Power discretes and modules Automotive semiconductors 2024 total global market: $32.8bn1 2024 total market: $68.4bn2 Infineon 17.4% Infineon 13.5% NXP 10.5% onsemi 8.5% STMicro 8.8%
Slide 5: Our Target Operating Model
Our Target Operating Model: committing to ambitious financial goals and being the sustainability leader Target Operating Model through cycle Revenue growth >10% Segment Result Margin 25% Adj. Free Cash Flow Margin1 10-15% Sustainability leader CO2 neutrality 2030 1 See notes for definition 2025-11-1
Slide 6: Modular investment approach allows ramp-up
Modular investment approach allows ramp-up in line with market demand to ensure long-term value creation Infineon investments1 FY26 ~€2.2bn Strategic investments ‒ Dresden module 4 Capacity investments ‒ Smart power and logic: enabling further growth for ”powering AI” and analog/mixed-signal product
Slide 7: Outlook for Q1 FY26 and FY26
Outlook for Q1 FY26 and FY26 Outlook Outlook Q1 FY261 FY261 Revenue ~€3.6bn moderately up vs. prior year Adj. Gross Margin low 40s % Segment Result Margin mid-to-high-teens % high-teens % FCF ~€1.1bn/ Adj. FCF ~€1.6bn Investments ~€2.2bn D&A ~€2.0bn2 1 Based on an assumed average exchange rate of $1
Slide 8: Undisputed power systems leadership
Undisputed power systems leadership mastering all three key materials Reliable multi sourcing Application of raw materials Si/SiC/GaN understanding Packaging know-how and World-scale fabs hybridization competence Controller Driver IC Power switch Software + Algorithms Leadership in Power Systems acr
Slide 9: Leader across all power semiconductor technologies
Infineon is the leader across all power semiconductor technologies – unparalleled portfolio and know-how World’s thinnest silicon power World’s most competitive World’s first 300 mm wafer with 20 µm on 300 mm 200 mm silicon carbide power fab gallium nitride power wafer ‒ Broadest Si-power portfolio
Slide 10: World's thinnest silicon power wafer
Infineon presents the world’s thinnest silicon power wafer paving the way for more energy efficient power systems Infineon reduces wafer thickness from 40 µm to 20 µm [µm] ‒ Infineon pioneers 20 µm process 180 at high-scale production 160 ‒ Halving thickness also 140 halves resistance, reducing powe
Slide 11: Kulim 3 and SiC technology
With Kulim 3, Infineon is on track to becoming the industry's most competitive provider of SiC technology SiC raw material supplier network ‒ More than 6 qualified SiC wafer and boule suppliers ‒ Globally diversified and resilient Superior trench technology ‒ 30% more chips per wafer than planar ‒ U
Slide 12: Leader in GaN technology
Infineon is a leader in GaN technology and can build on the industry’s broadest IP portfolio and application expertise Leading GaN product Broadest IP portfolio MV and HV portfolio in the market applications (~350 patent families) World’s first 300 mm GaN manufacturing Leadership process strengthens
Slide 13: Transition to WBG by application
Transition to WBG vastly differs by application with Si expected to remain technology of choice for many of them 2020 2030 xEV High power EV Charging SiC with advantage in high power switching Energy Solar Storage performance and power density Systems On-board Charger GaN superior switching performa
Slide 14: Infineon at the core of IoT
Infineon at the core of IoT – driving digitalization by serving strongly growing multi-application markets Consumer IoT Industrial IoT Automotive IoT Products: MCU – Connectivity (Wi-Fi, BLE, NFC) – Sensors – Security – Power supply & switches at the core o eon Coin cell- Battery- powered in f Io Po
Slide 16: SBTi approved CO2 reduction targets
Important milestone achieved: The Science Based Targets initiative (SBTi) has approved our CO2 emission reduction targets SBTi validation of Infineon’s 2030 CO2 reduction targets marks a major step in our decarbonization journey − Scope 1 and 2 targets align with the Paris Agreement, limiting global
Slide 17: 2030 carbon neutrality goal
Our 2030 carbon neutrality goal is aligned with the Paris Climate Agreement’s 1.5°C target CO2 burden1 CO2 savings2 2.7 million tons of CO2 equivalents 143 million tons of CO2 equivalents Ratio ~1:53 previously 1:45 On the road to carbon neutrality3 we achieved Infineon’s CO2 target3 by 2025 and 203
Slide 18: External recognitions
External recognitions confirm our engagement in contributing to a sustainable society Rating/Score Scale Date MSCI ESG AAA CCC to AAA 05/2025 B climate scoring CDP B water scoring F to A 02/2025 Ecovadis 99th percentile “Platinum” award 0 to 100 09/2025 Dow Jones Sustainability Dow Jones Sustainabil
Slide 20: ATV at a glance
ATV at a glance ATV revenue and segment result margin FY25 revenue split by product group [EUR m]1 Revenue Segment result margin CAGR 11% power (discretes, (FY21 – FY25) modules) 8,242 7,716 7,402 6,516 control & 4,841 29% connectivity 26% 23% 21% 16% analog & FY211 FY221 FY231 FY24 FY25 sensors 1 T
Slide 21: Top market position in automotive semis
Infineon’s top market position is built on system competence based on an industry-leading product portfolio Automotive semiconductors (2024 total market: $68,382m; -1.2% y-y) Infineon’s 2024 market share and position by region 17.7% Infineon 13.5% 13.5% 14.1% 13.9% 13.2% NXP 10.5% 10.4% STMicro 8.8%
Slide 22: Growth drivers in xEV and software-defined vehicles
Several strong content growth drivers for Infineon in xEV and software-defined vehicles, even at flat LV production Structural trends fueling our growth Overview of growth vectors until 2030 xEV 2025 2030 ‒ Strong volume growth of BEVs and PHEVs Share of xEVs ‒ Increasing share of SiC in traction in
Slide 23: World leader in automotive semis
Infineon is the world leader in automotive semis, serving all key applications and benefiting strongly from content growth Average semiconductor bill-of-material per car in 2025 and 2030 Semiconductors covered by Infineon Drivetrain applications: ~$1,600 per BEV (up to ~$2,500 for high-end car) ‒ Tr
Slide 24: Power MOSFETs per car increase
Number of power MOSFETs per car continues to increase, and drives accelerated growth for the leading portfolio Examples of MOSFET applications Latest portfolio with constant innovation Technologies, packages and voltages OptiMOS 7 40 V Power door Power Brake Electric power BMS Transmission Windshiel
Slide 25: Active suspension system example
Outstanding electrical characteristics of Infineon products drive innovations, e.g. most advanced active suspension system World-class active suspension system developed by ClearMotion ‒ Designed for 48-Volt high-current application ‒ Currently featured exclusively in luxury vehicles ‒ Referred as “
Slide 27: Broad product portfolio and system understanding
Infineon’s broad product portfolio and system understanding enable higher BoM and allow compact designs and fast T2M Infineon inverter reference design, covering up to 95% of value P2S (product-to-system approach) ‒ Reference design for up to 300 kW, further customization possible OPTIREG 32-bit Buc
Slide 28: Competitive setup and customer base
Competitive setup, unmatched portfolio breadth and our worldwide customer base lead to accelerated growth in SiC Leading SiC technology and production efficiency Most scalable SiC auto portfolio 650 V 750 V 1,200 V ‒ Unrivaled productivity with most competitive fab and most diversified supplier netw
Slide 29: AURIX TC4x with integrated PPU
Infineon AURIX TC4x with integrated PPU brings AI-on-the-edge to the battery AURIX TC4x Efficient battery cell utilization Battery cost ‒ Higher capacity PPU ‒ Less cells Battery health (parallel processing unit) ‒ Lower battery cost Faster charging High computing performance with complex Charging s
Slide 30: CoolGaN automotive transistor
Infineon strengthens its leading position in automotive semis – introducing the CoolGaN automotive transistor 100 V G1 family CoolGaN automotive transistor 100 V G1 family ‒ First GaN transistor family qualified to AEC-Q101 for automotive applications ‒ Features CoolGaN transistors and bidirectional
Slide 32: Software-defined vehicles architecture
Software-defined vehicles are enabled by safe/secure computing, high-speed in-vehicle networks, and intelligent power distribution new features in monetization of safety and security functions & data Advantages of standardization of new features in comfort, software-defined components connectivity a
Slide 33: Automotive Ethernet portfolio
The Automotive Ethernet portfolio strengthens our market leading MCU position and increases offering for zonal architectures Infineon’s unique portfolio of MCU and Ethernet Components of hierarchical E/E architectures: Automotive MCUs Automotive Ethernet High Performance Computing (HPC) Complex sens
Slide 34: Extended portfolio for SDV
Infineon’s extended portfolio contributes essentially to SDV as the second growth pillar alongside e-mobility Infineon components for hierarchal computing E/E architecture Infineon BoM potent.: ~$500 HPC SoC/ Safety Smart Gate ‒ High-level control for complex, safe MPU* Comp. Power Driver MOSFET Swi
Slide 35: Requirements on real-time and latency
The Infineon AURIX family matches ideally all requirements in today’s high-end applications Map of application complexity and latency requirements AURIX without PPU AURIX with PPU real-time edge AI trajectory control Requirements on real-time and latency and planning sensor fusion for AD L2+ AURIX i
Slide 36: Smart semiconductors in power distribution systems
Smart semiconductors in power distribution systems are key enabler for SDV while ensuring high availability and resilience Infineon PROFET Wire Guard enables SDV Relay replacement Switch e.g. PROFET Wire Guard Fuse ISO 26262 replacement Protect compliant Load status Fast failure isolation Diagnose (
Slide 37: 48 V enables higher power demand features
48 V enables higher power demand features for future E/E architectures and automated driving Demand of in-vehicle loads is sharply increasing and requires 48 V architectures LED Lighting Cooling fan LED Lighting ‒ More high-power applications and the introduction of zonal E/E architectures Brake Blo
Slide 38: Growth of L1/L2/L2+ ADAS
Growth of L1/L2/L2+ is the main driver of ADAS semiconductor content until 2030 Car production by degree of automation (SAE level) Radar is essential to meet decisive requirements of ADAS/AD 100% Distance L0 5 4,5 L0 4 80% 3,5 Lane Detection Speed 3 2,5 L1 2 1,5 60% 1 0,5 0 L1 L1/L2/L2+ Traffic sign
Slide 40: GIP at a glance
GIP at a glance GIP revenue and segment result margin FY25 revenue split by application [EUR m] Revenue Segment result margin Home Appliance CAGR 1% (FY21 – FY25) Heating, Ventilation, 10% Air condition 2,205 10% 1,934 Power 1,790 40% 1,542 1,631 Infrastructure 30% 21% 22% 18% 12% Automation & 30% D
Slide 41: Green energy chain opportunities
Huge potential along entire green energy chain until 2030 according to IEA Net Zero scenario Generation Infrastructure Consumption $600bn annual Photovoltaic +4,600 GW Grid network Heat pump +420m units investments +200k FC EV Wind power +1,900 GW Grid storage +900 GW H2 Fuel cell1 +200k FC Trucks +
Slide 42: Green energy generation opportunities
Green energy generation provides large business opportunities Power semiconductor content by application 6000 [EUR per MW] [EUR per installation] Mainly SiC 5000 5000 5000 Mainly IGBT 4000 3500 3500 3000 2000 2000 2500 2000 1000 1500 1000 60 600 500 0 100 40 Fossil, nuclear, Wind Solar Grid-scale ba
Slide 43: EV charging ecosystem
EV charging is a key strategic application for Infineon We cover the full ecosystem from AC to high power DC charging Connectivity solutions Automotive systems High power industrial systems Wirless Charging DC High Power Charging Infineon targets the complete EV charging ecosystem from AC to high-po
Slide 45: PSS at a glance
PSS at a glance PSS revenue and segment result margin FY25 revenue split by application [EUR m]1 Revenue Segment result margin Others CAGR 7% (FY21 – FY25) Computing 10% 20% 4,070 4,208 3,798 3,795 3,268 5% Communications 28% Industrial 30% 25% 23% 16% 10% 13% Smartphones 25% FY211 FY221 FY231 FY24
Slide 46: AI server revenue
AI will be a strong driver of revenue increase for Infineon’s server business Large North American CPU/GPU In FY25, our AI server business manufacturer B achieved > €700m nearly Infineon AI server revenue Further major platform Large North Large North win with leading North tripling vs. FY24 America
Slide 47: Power conversion from grid to core
With its energy efficient power semiconductors Infineon is serving all AI-related power conversion from grid-to-core Power delivery network losses in an average AI data center AC/DC 277 V AC – 48 V DC DC/DC 48 V – 12 V DC/DC 12 V – 1 V 1  AC 277 V 42 – 54 V . PFC 48 V/ 12V→5V 48V→12V . 12 V 208 AC
Slide 48: We power AI – today and in the future
We power AI – today and in the future Architectural evolution beyond 250 kW, and up to 1 MW per rack 1 Today 2 2027+ 3 2029+ PSUs within server rack 3-Ф HVDC Power Sidecar Hybrid microgrid <250 kW/rack ~500 kW+/rack 1 MW/rack IT payload Power delivery Power delivery & IT payload Power delivery IT pa
Slide 49: Infineon and NVIDIA collaboration
Infineon and NVIDIA collaboration Future GW-scale data center architecture with centralized power generation using fewest power conversion stages Infrastructure Hall Row/IT rack Server board 2025-11-12 Copyright © Infineon Technologies AG 2025. All rights reserved. 49
Slide 50: High density AI server BOM
Leading performance high density AI Server for accelerated compute – Infineon BOM per AI server rack up to between $12k and $15k Top of rack switches x1 $200-215 PSU (Power Supply Unit) x24 ~$120 x36 GPU Board (2 GPU + 1 CPU) Compute Tray ~$130 x10 Power x18 48 V Bus Switch Tray Delivery Converter x
Slide 51: PSU solutions for AI systems
Infineon is tackling the rising power requirements of AI systems with its state-of-the-art PSU solutions for AC/DC Power Supply Unit (PSU) solutions ranging from 3 kW to 12 kW and beyond >12 kW 3-phase 12 kW η ~97.5% 8 kW 113 W/in3 η ~97.5% 1-phase 3.3 kW 100 W/in3 η 97.4% 1-phase 3 kW 98 W/in3 η 97
Slide 52: Increasing battery cells in AI servers
Addressing the Challenge of Increasing Battery Cells with innovative solutions for High Power Density BBU Module Functions 1. Converter Power Density to enable more battery cells per BBU 2. Protect AI servers from power fluctuations (peak power shaving) 3. Prevents data loss and system downtime 4. E
Slide 53: OptiMOS 6 MOSFET benchmark
OptiMOS 6 80 V MOSFET in DC-DC converter sets new benchmark for AI server power efficiency in leading AI server platform Key Facts Package Applications Optimized for 48 V IBCs Offers optimized switching performance in hard switching topologies Efficiency increase of around 0.4% compared to previousl
Slide 54: Evolution of power modules
Evolution of power modules by doubling power density with smaller form factors Dual-Phase power Dual-Phase power Quad-Phase power TDM2354xD, TDM2254xD TDM2354xT TDM24545S Discrete Chip Embedded Powerstage Substrate Chip Embedded Powerstage Substrate Chip Embedded Powerstage 3x die embedded 6x die em
Slide 55: Vertical power delivery reduces power losses
Vertical power delivery reduces power losses in AI data centers Why backside mounting of our ultra-high current density power module? ~85% Reduction of power delivery network losses compared to lateral “down” solution ~55% Reduction in size compared to lateral “down” solution Vertical power delivery
Slide 56: Sensor business in one organization
Sensor business in one organization will create clear benefits for the customers as 3rd pillar besides Power & Embedded Control Infineon joins forces to become a leader in the sensor market PSS Business Unit SURF (Sensor Units & RF) Customer centricity Comprehensive portfolio Innovation-to-customer
Slide 58: CSS at a glance
CSS at a glance CSS revenue and segment result margin FY25 revenue split by application [EUR m] Revenue Segment result margin Industrial and Consumer IoT CAGR 0% (FY21 – FY25) Industrial IoT 2,046 Smart cards Home 1,822 Appliance 1,397 1,506 1,418 Identification 45% 24% Smart Home 21% 55% Payment 13
Slide 59: Essential building blocks for digital products
Providing the essential building blocks compute, connectivity, security, and software Consumer Industrial Automotive Compute Software PSOC and XMC DEEPCRAFT Studio and micro-controllers allow ModusToolbox software customers to enable smart, simplifies and accelerates Sense Actuate connected products
Slide 60: MCUs at the heart of IoT and Edge AI
Infineon’s MCUs at the heart of every IoT and Edge AI application New compelling MCU platforms PSOC Edge – Enables a new generation of responsive machine learning devices PSOC PSOC PSOC Edge Control Connect − Broad application range in Edge AI, IoT, Consumer, and Industrial − Strength in low power,
Slide 61: Software with maximal ease of use
Software with maximal ease of use DEEPCRAFT Studio ModusToolbox − Infineon’s Edge AI development platform − Infineon’s modern, extensible − Data collection & pre- development system processing, model training, model conversion & − Collection of development deployment tools, libraries, and embedded r
Slide 62: Wireless connectivity portfolio
Enabling connectivity with Infineon’s broad wireless portfolio for IoT, industrial, and automotive applications Wireless connectivity portfolio & advancements in UWB Wi-Fi AIROC Bluetooth® AIROC − Comprehensive Portfolio: Wi-Fi 4,5,6/6E − Full-featured Bluetooth® portfolio and connected MCUs with So
Slide 63: End-to-end embedded AI solution
Infineon provides a comprehensive end-to-end embedded AI solution - CSS provides most essential building blocks Edge AI solution offering Customers‘ benefits Customer application − Software perfectly tailored to Infineon In-house AI Software DEEPCRAFT Studio hardware ensures peak performance and sim
Slide 64: PQC landscape and security approach
Infineon is a trusted advisor for the PQC landscape with the rise of quantum computers leading to high security risks Computing power of quantum computers Infineon‘s Post-quantum cryptography approach Computing power First universal quantum Infineon is the first company to Infineon TEGRION product c
Slide 66: Strong presence in all regions
Strong presence in all regions; well-balanced customer portfolio; no customer represents more than 10% of total sales FY25 revenue by region Revenue by sales channel Distribution Top-10 direct customers1 partners1 EMEA (excl. Americas Germany) 12% 14% Japan 9% Germany 10% Top-10 direct customers Dis
Slide 67: Group financial performance
Group financial performance Revenues and Segment Result USD exchange rate [EUR m] Segment result Revenues Segment result margin Average revenue exchange rate FY24 FY25 +1% +6% ø USD/EUR 1.09 1.11 3,919 3,943 3,704 Q4 Q3 Q4 3,591 3,424 FY24 FY25 FY25 1.10 1.14 1.17 Order backlog1 [EUR bn] 19 20 20 20
Slide 68: Automotive (ATV) results
Automotive (ATV) Revenues1 Segment Result1 [EUR m] Revenues [EUR m] Segment result Segment result margin -2% +3% 1,969 1,921 1,858 1,870 510 1,752 430 385 371 343 25.9% 22.4% 19.6% 20.7% 19.8% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 ‒ Slight revenue increase d
Slide 69: Green Industrial Power (GIP) results
Green Industrial Power (GIP) Revenues Segment Result [EUR m] Revenues [EUR m] Segment result Segment result margin -8% +7% 503 111 463 431 397 340 69 61 34 38 22.1% 14.2% 14.9% 10.0% 9.6% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 ‒ Revenue improvement largely at
Slide 70: Power & Sensor Systems (PSS) results
Power & Sensor Systems (PSS) Revenues1 Segment Result1 [EUR m] Revenues [EUR m] Segment result Segment result margin +14% +13% 1,189 198 1,041 1,053 179 987 979 169 146 138 17.1% 18.8% 14.0% 14.1% 15.1% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 ‒ AI power soluti
Slide 71: Connected Secure Systems (CSS) results
Connected Secure Systems (CSS) Revenues Segment Result [EUR m] Revenues [EUR m] Segment result Segment result margin -9% +6% 406 369 62 344 356 349 45 40 39 30 15.3% 12.2% 8.7% 11.2% 11.2% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 ‒ Revenue increase driven by pa
Slide 72: Gross margin and Opex
Gross margin and Opex Gross profit1 R&D1 SG&A [EUR m] [EUR m] [EUR m] 1,621 1,515 1,504 1,343 1,391 544 559 560 565 522 393 395 410 401 41.4% 376 39.2% 38.7% 40.9% 38.1% 13.3% 15.9% 15.6% 15.1% 14.3% 10.0% 11.5% 10.5% 11.1% 10.2% Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1FY25 Q2 FY25 Q3 FY25
Slide 73: Investments, D&A and Free Cash Flow
Investments, Depreciation & Amortization and Free Cash Flow Investments Depreciation & Amortization Free Cash Flow [EUR m] [EUR m] [EUR m] 1,145 722 731 288 174 487 483 484 470 451 473 463 -237 -1,276 * 442 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY
Slide 74: Working capital
Working capital, in particular trade working capital components Working capital1 Inventories [EUR m] [EUR m] [days2] 4,385 4,333 4,280 4,141 3,716 3,990 3,464 3,424 2,946 2,955 190 156 177 176 153 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Trade receivables Trade
Slide 75: Development of liquidity and debt
Development of liquidity and debt Capital structure [EUR m] Gross Cash Gross Debt Net Cash/Debt 2,201 2,102 1,957 1,687 1,539 -4,811 -2,610 -4,943 -2,986 -4,984 -3,445 -5,516 -3,829 -6,829 -4,727 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 2025-11-12 Copyright © Infineon Technologies AG 2025. All rights
Slide 76: Return on capital employed
Return on capital employed Historical development 16.6% 12.2% 12.6% 8.4% 8.5% 4.9% 3.0% FY19 FY20 FY21 FY22 FY23 FY24 FY25 2025-11-12 Copyright © Infineon Technologies AG 2025. All rights reserved. 76
Slide 77: Earnings per share and total cash return
Earnings-per-share and total cash return Development of earnings-per-share (EPS) from continuing operations [EUR cent] EPS basic EPS adjusted 49 34 37 34 33 29 22 18 18 17 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Total cash return to shareholders via dividends [EUR m] 456 455 456 417 336 351 ‒ Propos
Slide 78: Maturity profile
Maturity profile Calendar years 2025 to 2033 [EUR m; USD m; nominal values] $1.000 €1.000 $350 €750 $350 €600 €750 €750 €650 €500 $350 $235 $350 $250 2025 2026 2027 2028 2029 2030 2031 2032 2033 Corporate bonds under the EMTN program US PP 2016 Notes Hybrid bond1 US PP 2021 Notes (Jun 2027, Acquisit
Slide 79: Financial policy and investment-grade rating
Conservative financial policy and strict commitment to investment-grade rating are the basis for through-cycle flexibility Financial Policy Targets Status Quo (LTM 30 September 2025) Gross Cash1 At least 10% of revenue3 14% of revenue → €2.1bn Gross Debt2 ≤ 2.0x EBITDA 2.0x EBITDA Comfortable ‒ Flex
Slide 80: Cinfineon
Cinfineon
Slide 81: Disclaimer
Disclaimer Disclaimer This presentation contains forward-looking statements and/or assessments about the business, financial condition performance and strategy of the Infineon Group. These statements and/or assessments are based on assumptions and management expectation resting upon currently availa
Slide 82: Glossary
Glossary AC alternating current IoT internet of things ACC adaptive cruise control IPM intelligent power module AD automated driving LED light-emitting diode ADAS advanced driver assistance system MCU microcontroller unit AEB autonomous emergency braking MEMS micro electro-mechanical system APD auto
Slide 83: Notes and ESG footnotes
Notes and ESG footnotes Investments = 'Purchase of property, plant and equipment' + 'Purchase of intangible assets and other assets' incl. capitalization of R&D expenses Adjusted Free Cash Flow Margin = Adjusted for large investments in frontend buildings and major M&A transactions, for full definit
Slide 84: Financial calendar
Financial calendar Date Event Location 13 – 14 November 2025 Morgan Stanley European TMT Conference Barcelona 17 November 2025 JP Morgan Global TMT Conference Hong Kong 26 – 27 November 2025 We Power AI – Divisional Update Call with Peter Wawer, Head of GIP and Adam White London 1 – 2 December 2025
Slide 85: Investor Relations contacts
Investor Relations contacts Alexander Foltin Daniel Györy Executive Vice President Senior Director Finance, Treasury & Investor Relations Team lead Investor Relations +49 89 234-23766 +49 89 234-35078 alexander.foltin@infineon.com daniel.gyoery@infineon.com Isabell Diel Alexander Groschke Senior Man

Infineon Tech — Q4 2025 Earnings Presentation on 6ix

Infineon Technologies — Infineon Tech — Q4 2025 Earnings Presentation

Slide 1: Fourth Quarter FY 2025 Quarterly Update

Slide 2: Infineon at a glance

Slide 3: Well-balanced portfolio among segments and key applications

Slide 4: Infineon is the leader across key markets

Slide 5: Our Target Operating Model

Slide 6: Modular investment approach allows ramp-up

Slide 7: Outlook for Q1 FY26 and FY26

Slide 8: Undisputed power systems leadership

Slide 9: Leader across all power semiconductor technologies

Slide 10: World's thinnest silicon power wafer

Slide 11: Kulim 3 and SiC technology

Slide 12: Leader in GaN technology

Slide 13: Transition to WBG by application

Slide 14: Infineon at the core of IoT

Slide 15: ESG: Targets and achievements

Slide 16: SBTi approved CO2 reduction targets

Slide 17: 2030 carbon neutrality goal

Slide 18: External recognitions

Slide 19: Automotive

Slide 20: ATV at a glance

Slide 21: Top market position in automotive semis

Slide 22: Growth drivers in xEV and software-defined vehicles

Slide 23: World leader in automotive semis

Slide 24: Power MOSFETs per car increase

Slide 25: Active suspension system example

Slide 26: Electromobility

Slide 27: Broad product portfolio and system understanding

Slide 28: Competitive setup and customer base

Slide 29: AURIX TC4x with integrated PPU

Slide 30: CoolGaN automotive transistor

Slide 31: Software-defined vehicle

Slide 32: Software-defined vehicles architecture

Slide 33: Automotive Ethernet portfolio

Slide 34: Extended portfolio for SDV

Slide 35: Requirements on real-time and latency

Slide 36: Smart semiconductors in power distribution systems

Slide 37: 48 V enables higher power demand features

Slide 38: Growth of L1/L2/L2+ ADAS

Slide 39: Green Industrial Power

Slide 40: GIP at a glance

Slide 41: Green energy chain opportunities

Slide 42: Green energy generation opportunities

Slide 43: EV charging ecosystem

Slide 44: Power & Sensor Systems

Slide 45: PSS at a glance

Slide 46: AI server revenue

Slide 47: Power conversion from grid to core

Slide 48: We power AI – today and in the future

Slide 49: Infineon and NVIDIA collaboration

Slide 50: High density AI server BOM

Slide 51: PSU solutions for AI systems

Slide 52: Increasing battery cells in AI servers

Slide 53: OptiMOS 6 MOSFET benchmark

Slide 54: Evolution of power modules

Slide 55: Vertical power delivery reduces power losses

Slide 56: Sensor business in one organization

Slide 57: Connected Secure Systems

Slide 58: CSS at a glance

Slide 59: Essential building blocks for digital products

Slide 60: MCUs at the heart of IoT and Edge AI

Slide 61: Software with maximal ease of use

Slide 62: Wireless connectivity portfolio

Slide 63: End-to-end embedded AI solution

Slide 64: PQC landscape and security approach

Slide 65: Selected financial figures

Slide 66: Strong presence in all regions

Slide 67: Group financial performance

Slide 68: Automotive (ATV) results

Slide 69: Green Industrial Power (GIP) results

Slide 70: Power & Sensor Systems (PSS) results

Slide 71: Connected Secure Systems (CSS) results

Slide 72: Gross margin and Opex

Slide 73: Investments, D&A and Free Cash Flow

Slide 74: Working capital

Slide 75: Development of liquidity and debt

Slide 76: Return on capital employed

Slide 77: Earnings per share and total cash return

Slide 78: Maturity profile

Slide 79: Financial policy and investment-grade rating