Aixtron SE AIXA.DE
Quarterly and annual results for Aixtron stock (AIXA.DE) since 2023: revenue, earnings, balance sheet, cash flow and management guidance from IR documents, every figure with its source. As of 07/2026, quarterly reporting. Latest reading: Operating income turned positive, Cash flow inflection, Guidance confirmed.
Published by Michael Wirl · About us · Methodology
AI-generated report · not investment advice · figures extracted automatically; please verify against the linked original more
Business Model#
What the company does and how it earns its money; written AI-editorially, exclusively from the company's original reports, without any assessment of our own.
Aixtron SE is a German semiconductor equipment manufacturer specialising in the design and production of chemical vapour deposition systems used to fabricate compound semiconductor layers. Its core technology is metal-organic chemical vapour deposition (MOCVD), which enables the precise growth of epitaxial layers on wafers serving applications in optoelectronics (laser diodes, vertical-cavity surface-emitting lasers, Micro LEDs), power electronics (silicon carbide and gallium nitride devices), and research-grade specialty applications. Revenue is generated primarily through the sale of capital equipment systems to semiconductor manufacturers and research institutions globally, with individual systems valued in the multi-million euro range. The business operates on an order-driven model, with equipment order intake and backlog serving as key leading indicators given the long cycle between booking and revenue recognition upon customer acceptance. Aixtron's customer base is geographically concentrated in Asia, and its revenue trajectory is closely tied to capital investment cycles across the semiconductor end markets it serves.
Current Status#
Summary of the most recent reporting period: core figures, drivers and management statements; written editorially from the current original report, every figure backed by a source number.
Price & Chart#
Interactive price chart (TradingView) and the trend of key figures from the core tables. The price chart loads only after a click; at that point a connection to TradingView is established.
Daily candles with news and earnings markers. Loads only on click.
Share-Price Drivers#
Factors the company itself names as material for its business development (IR-based); reproduced neutrally, no price forecast and no assessment of our own.
Largest revenue line, at 285.1 in FY2024 and 254.9 in FY2025, so shifts in GaN/SiC equipment demand drive the group result (8, 12)
Biggest segment at 254.9 in FY2025 versus 285.1 in FY2024; traction supported by a G10-SiC major volume order from China and delivery of the 100th G10-SiC system, though the annual figure is lower (12, 8, 11)
Grew from 66.2 in FY2023 to 101.4 in FY2025; major laser system shipments planned for Q3 2026 point to continued traction (4, 12, 14)
65.4 in FY2025 against 59.9 in FY2023, broadly steady; Micro-LED display systems remain in development (4, 12)
New production site in Penang and the Herzogenrath Innovation Center add manufacturing and R&D capacity for the GaN/SiC and 300 mm roadmap (12, 13, 14)
Revenue recovered to 115.1 in 2026-Q2 after 59.4 in 2026-Q1, which carried an operating loss of 22.3; growth is decelerating while guidance is confirmed (113, 114)
Sector trend: Semiconductor deposition-equipment demand is concentrated in GaN/SiC power electronics and optoelectronics, with Asia and notably China the dominant region; group revenue growth is decelerating while full-year guidance is confirmed (8, 12, 114).
Event Timeline#
This timeline collects the material events from the original reports: guidance changes, revenue and margin signals, strategy shifts, product and M&A announcements. Events are grouped by quarter (most recent first); the grey tag before each event names the event type, the date is the publication date of the source. Management quotes open the quarter block as direct quotes. Per quarter we show the three most defining events; more can be expanded per quarter, older years are collapsed. Every event carries its source as a superscript, clickable number.
2026 · 10 events
2026-Q2 · Apr – Jun 2026
Q2/2026 EBIT recovered to 14.7 million (margin 13%) from -22.3 million (-38%) in Q1/2026 14
EUR 450 million convertible bond placed in April 2026 with maturity April 2031 to strengthen long-term financial flexibility 14
FY2026 guidance confirmed: revenues EUR 560 million (± EUR 30 million), gross margin around 42%, EBIT margin 17-20% 14
Operating cash flow reached 119.0 EURm vs 50.0 EURm in 2025-Q2 (×2.4). 114
2026-Q1 · Jan – Mar 2026
Q1/2026 EBIT declined to -22.3 million (margin -38%) from EUR 3.3 million (3%) in Q1/2025, impacted by lower production volume and workforce reduction expenses in the operations division 13
Gross margin compressed to 18% in Q1/2026 from 30% in Q1/2025, driven by lower production volume and workforce reduction expenses 13
FY2026 revenue guidance raised to EUR 560 million (± EUR 30 million) from EUR 520 million (± EUR 30 million); EBIT margin guidance raised to 17-20% from 16-19% 13
Full-year free cash flow improved significantly to EUR 181.9 million from negative EUR 72.4 million in the prior year, driven by operational profitability and working capital reduction including an inventory decrease to EUR 263.4 million 12
Annual revenue declined 12% to 556.6 million; order intake declined 9% to EUR 544.3 million due to challenging market environment and delayed investment decisions by customers 12
2026 guidance initiated: revenues around EUR 520 million (+-EUR 30 million), gross margin 41-42%, EBIT margin 16-19%, reflecting expected SiC market decline offset by optoelectronics and GaN growth 12
2025 · 18 events
2025-Q4 · Oct – Dec 2025
Net cash position expanded to 108.1 EURm from 64.1 EURm in 2024-Q4 (+69%, derived from reported financial debt minus cash). 113
2025-Q3 · Jul – Sep 2025
FY2025 guidance revised: revenue range lowered to EUR 530-565 million from EUR 530-600 million; gross margin expected around 40-41% and EBIT margin around 17-19%, reflecting soft market environment and adjusted FX rate of 1.15 USD/EUR 10
9M 2025 free cash flow improved significantly to EUR 110.3 million from negative EUR 58.0 million in 9M 2024, driven by reduction in working capital and lower capital expenditure 10
9M 2025 revenue decreased 9% to EUR 369.5 million; order intake declined 15% to EUR 374.7 million, primarily due to push-out of investments by Western power electronics manufacturers 10
Operating income more than halved YoY (37.5 to 15.5 EURm, -59%). 110
2025-Q2 · Apr – Jun 2025
Free cash flow improved to EUR 71.1 million in H1 2025 from negative EUR 56.5 million in H1 2024, an improvement of EUR 127.6 million 11
H1 2025 EBIT margin above prior year despite one-time expenses, primarily due to improved product mix and lower R&D expenses; R&D expenses reduced 24% to EUR 36.0 million 11
G10-AsP product established as the new tool of record in the laser market, with demand in optoelectronics gaining momentum from datacom and telecom laser requirements 11
Operating cash flow reached 50.0 EURm vs 20.2 EURm in 2024-Q2 (×2.5). 114
2025-Q1 · Jan – Mar 2025
Operating income more than halved YoY (9.9 to 3.3 EURm, -67%). 113
Free cash flow improved to EUR 29.8 million from negative EUR 33.1 million in Q1 2024, reflecting positive working capital management and reduced capital expenditures 9
Gross margin declined to 30% in Q1 2025 from 37% in Q1 2024, primarily due to one-off personnel reduction expenses of EUR 5 million and a less favourable product mix 9
FY2025 guidance confirmed: revenues EUR 530-600 million, gross margin 41-42%, EBIT margin 18-22%, including EUR 5 million in one-off personnel reduction costs 9
Revenue 633.2 EUR million, up 1% year-over-year, reaching lower end of adjusted forecast; power electronics segment experienced weaker-than-expected demand due to overcapacity and reduced electric vehicle investments 8
Gross margin declined to 41% from 44% due to adverse product mix with higher LED system proportion and lower capacity utilization 8
2025 guidance initiated: revenues EUR 530-600 million, gross margin around 41-42%, EBIT margin around 18-22%, due to continued reluctance in power electronics investment and non-repeat of strong 2024 LED replacement orders 8
2024 · 18 events
2024-H1 · Jan – Jun 2024
Revenue guidance narrowed to EUR 620-660 million (from EUR 630-720 million) and EBIT margin to 22-25% (from 24-26%), effective July 4, 2024 7
Acquired production facility near Turin, Italy to increase manufacturing capacity for anticipated future demand peaks 7
2024-Q4 · Oct – Dec 2024
2024-Q3 · Jul – Sep 2024
Gross margin declined to 39% in 9M 2024 from 43% in 9M 2023, primarily due to product mix shift with higher proportion of lower-margin LED systems 6
Full-year 2024 guidance confirmed: revenues EUR 620-660 million, gross margin 43-45%, EBIT margin 22-25% 6
Preliminary 2025 outlook: full-year revenue expected at 2024 level or slightly below 6
Asia revenue grew +59.4% to 89.1 EURm in 2024-Q3 (57% of group revenue) while group revenue changed -5.3%. 6
2024-Q2 · Apr – Jun 2024
Operating income more than halved YoY (44.6 to 12.8 EURm, -71%). 111
2024-Q1 · Jan – Mar 2024
Revenue 118.3 EUR million, up 53% year-on-year, driven by strong demand for GaN and SiC power electronics and Micro LEDs 5
Operating income more than doubled YoY (3.5 to 9.9 EURm, +183%). 109
FY 2024 guidance confirmed: revenue EUR 630-720 million, gross margin 43-45%, EBIT margin 24-26% 5
Free cash flow turned negative in FY 2023 compared to EUR 7.7 million in 2022, primarily due to inventory build-up and timing of tool shipments 4
FY 2023 revenues increased 36% to 629.9 driven by strong demand for MOCVD systems in power electronics; order intake grew 9% to EUR 640.7 million 4
Complete G10 product family launched in 2023 including G10-SiC, G10-AsP, and G10-GaN; G10-SiC achieved approximately 30% of sales, and EUR 100 million investment in a new innovation center at Herzogenrath was approved 4
2023 · 17 events
2023-Q4 · Oct – Dec 2023
Operating cash flow turned positive on a half-year basis (2023-H1: -70.5 to 2023-H2: +23.3 EURm, aggregated from reported quarters where needed). 105
2023-Q3 · Jul – Sep 2023
9M 2023 revenues increased 49% to EUR 415.7 million from EUR 279.9 million in 9M 2022 2
Gross margin expanded to 43% in 9M 2023 from 40% in 9M 2022, driven by improved product mix 2
FY 2023 guidance reiterated: order intake EUR 620-700 million, revenues EUR 600-660 million, gross margin around 45%, EBIT margin 25-27% 2
Operating income more than doubled YoY (16.2 to 45.3 EURm, +180%). 102
2023-Q2 · Apr – Jun 2023
Free cash flow turned negative at EUR -80.1 million in H1 2023 compared to positive EUR 27.5 million in H1 2022, driven by inventory increases and reduced advance payments 3
Q2 2023 order intake of EUR 177.8 million was the highest quarterly order intake since 2011; H1 revenues increased 31% year-on-year to EUR 250.7 million 3
FY 2023 guidance raised: order intake to EUR 620-700 million (previously EUR 600-680 million) and revenues to EUR 600-660 million (previously EUR 580-640 million) 3
Operating income more than doubled YoY (17.2 to 44.6 EURm, +159%). 103
2023-Q1 · Jan – Mar 2023
Q1 revenue declined 13% to 77.2 due to export licenses for systems ready for delivery not yet available at the reporting date 1
EBIT margin declined to 5% from 16% in Q1 2022, driven by higher R&D spending and lower revenues 1
FY 2023 guidance confirmed: order intake EUR 600-680 million, revenues EUR 580-640 million, gross margin around 45%, EBIT margin 25-27% 1
Operating income more than halved YoY (14.2 to 3.5 EURm, -75%). 105
Key Figures (€m)#
The company's core financial figures in three views, one below the other: fiscal years (as reported; after restatements the table shows the most recent filing version, marked), half-years (6-month basis, H2 = second half on its own) and quarters (3-month basis, not cumulative). Each row is one period, most recent first. Values with a dotted underline are clickable and show the raw value, the exact source location, the scale evidence and the source; derived values additionally show their formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
All figures serve only to support your own investment decision and are not a recommendation; the company's original reports are authoritative.
Fiscal years
| Period | Revenue | Op. income | Net income | EPS (€) | OCF | Source |
|---|---|---|---|---|---|---|
| FY2025 | 556.6 | 100.3 | 85.3 | 0.76 | 208.4 | 112 |
| FY2024 | 633.2 | 131.2 | 106.2 | 0.94 | 26.2 | 8 |
| FY2023 | 629.9 | 156.8 | 145.2 | 1.29 | -47.3 | 4 |
Quarters
| Period | Published | Revenue | Op. income | Net income | EPS (€) | FCF | Cash | Net Debt | Source |
|---|---|---|---|---|---|---|---|---|---|
| 2026-Q2* | 2026-07-30 | 115.1° | 14.7EBIT | 19.1 | 0.17 | 113.7 | 246.6 | – | 114 |
| 2026-Q1* | 2026-06-30 | 59.4 | -22.3 | -21.9 | -0.19 | 48.7 | 130.8 | – | 113 |
| 2025-Q4* | 2026-06-30 | 187 | 58EBIT | 47.9 | 0.42≈ | 71.9 | 108.1 | -108.1 | 113 |
| 2025-Q3* | 2025-06-30 | 119.6 | 15.5 | 13 | 0.11 | 38.8 | 80.1 | – | 110 |
| 2025-Q2* | 2025-06-30 | 137.4 | 23.6EBIT | 19.2 | 0.18 | 40.4 | 75 | – | 114 |
| 2025-Q1* | 2025-06-30 | 112.5 | 3.3EBIT | 5.1 | 0.04 | 30 | 77.7 | – | 113 |
| 2024-Q4* | 2025-06-30 | 226.7 | 71EBIT | 53.4 | 0.47≈ | -12 | 64.1 | -64.1 | 9 |
| 2024-Q3* | 2024-06-30 | 156.3 | 37.5 | 30.9 | 0.27 | -1.3 | 77.6 | – | 110 |
| 2024-Q2* | 2024-07-25 | 131.8 | 12.8 | 11.1 | 0.10 | -22.3 | 78.9 | – | 111 |
| 2024-Q1* | 2024-06-30 | 118.3 | 9.9 | 10.8 | 0.10 | -32.3 | 94.2 | – | 109 |
| 2023-Q4* | 2024-06-30 | 214.2 | 63.4EBIT | 61.7 | 0.55≈ | -27.7 | 98 | -98 | 105 |
| 2023-Q3* | 2023-06-30 | 165 | 45.3EBIT | 39.6 | 0.35 | -1.6 | 77 | – | 102 |
| 2023-Q2* | 2023-07-27 | 173.4 | 44.6 | 40.4 | 0.36 | -81.9 | 77.7 | – | 103 |
| 2023-Q1* | 2023-06-30 | 77.2 | 3.5EBIT | 3.5 | 0.03 | 2.3 | 90.9 | – | 105 |
Balance Sheet & Cash Flow (€m)#
Point-in-time balance sheet items (e.g. cash, financial debt) and cash flow items (operating cash flow, investments/capex) per fiscal year, half-year and quarter. Balance sheet values are as of the period end, flow items cover the period. Derived values are marked and are calculated, for example, as: net debt = financial debt − cash; free cash flow = operating cash flow − capex; the click popover shows formula and inputs. All values are extracted automatically from the filings; errors are possible; please verify decision-relevant figures yourself by clicking through to the linked original.
Fiscal years
| Period | Published | Cash | Debt | Net Debt | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|
| FY2025 | 2026-02-25 | 108.1 | 0 | -108.1 | 208.4 | 27.4 | 180.9 | 112 |
| FY2024 | 2025-02-26 | 64.1 | 0 | -64.1 | 26.2 | 94.1~ | -67.9~ | 8 |
| FY2023 | 2024-02-26 | 98 | 0 | -98 | -47.3 | 61.8~ | -109.1~ | 4 |
Quarters
| Period | Published | Cash | Debt | Net Debt | OCF | Capex | FCF | Source |
|---|---|---|---|---|---|---|---|---|
| 2026-Q2 | 2026-07-30 | 246.6 | 349.2 | – | 119 | 5.3 | 113.7 | 114 |
| 2026-Q1 | 2026-06-30 | 130.8 | – | – | 53.6 | 4.9 | 48.7 | 113 |
| 2025-Q4 | 2026-06-30 | 108.1 | 0 | -108.1 | 79.9 | 8 | 71.9 | 113 |
| 2025-Q3 | 2025-06-30 | 80.1 | – | – | 43.4 | 4.6 | 38.8 | 110 |
| 2025-Q2 | 2025-06-30 | 75 | – | – | 50 | 9.6 | 40.4 | 114 |
| 2025-Q1 | 2025-06-30 | 77.7 | – | – | 35.1 | 5.1 | 30 | 113 |
| 2024-Q4 | 2025-06-30 | 64.1 | 0 | -64.1 | -2 | 10 | -12 | 9 |
| 2024-Q3 | 2024-06-30 | 77.6 | – | – | 15.4 | 16.7 | -1.3 | 110 |
| 2024-Q2 | 2024-07-25 | 78.9 | – | – | 20.2 | 42.5 | -22.3 | 111 |
| 2024-Q1 | 2024-06-30 | 94.2 | – | – | -7.4 | 24.9 | -32.3 | 109 |
| 2023-Q4 | 2024-06-30 | 98 | 0 | -98 | 18.4 | 46.1 | -27.7 | 105 |
| 2023-Q3 | 2023-06-30 | 77 | – | – | 4.9 | 6.5 | -1.6 | 102 |
| 2023-Q2 | 2023-07-27 | 77.7 | – | – | -76.3 | 5.6 | -81.9 | 103 |
| 2023-Q1 | 2023-06-30 | 90.9 | – | – | 5.8 | 3.5 | 2.3 | 105 |
Revenue by Type (as of 2026-Q2 · EURm · 13/26)#
Revenue split by segment or product type, exactly as the company itself reports it. The basis is stated next to each value (3, 6 or 12 months); segment totals can deviate from group revenue (reconciliation/consolidation items). If the company changes its segment structure, older structures are kept in the expandable part. Rows in grey are no longer reported separately by the company; they show the last available figures and are never extrapolated.
| Segment | Since | Period | Basis | Revenue | Growth | Source |
|---|---|---|---|---|---|---|
| Optoelectronics (lasers, solar, telecom) | FY2025 | FY2025 | 12M | 101.4 | – | 12 |
| LED sector, including Micro LEDs | FY2024 | FY2025 | 12M | 65.4 | – | 12 |
| Services | 2024-Q1 | 2025-H1 | 6M | 6.6 | – | 11 |
| Power electronics (GaN/SiC) | FY2023 | FY2025 | 12M | 254.9 | – | 12 |
| Services revenues | 2023-Q3 | 2025-Q3 | 9M | 0 | – | 10 |
| Equipment revenues | 2023-Q3 | 2025-Q3 | 9M? | – | – | 10 |
| Spares revenues | 2023-Q3 | 2025-Q3 | 9M? | – | – | 10 |
| Asia | 2023-Q1 | 2026-H1 | 6M | 101.2 | – | 14 |
| Europe | 2023-Q1 | 2026-H1 | 6M | 37.7 | – | 14 |
| Americas | 2023-Q1 | 2026-H1 | 6M | 35.6 | – | 14 |
| Optoelectronics | – | 2026-Q1 | – | – | – | 13 |
| Power Electronics (GaN and SiC) | – | 2026-Q1 | – | – | – | 13 |
| Semiconductor Equipment Segment | – | FY2025 | – | – | – | 12 |
| Asian | FY2024 | FY2024 | 12M | 401 | 30% | 8 |
| MOCVD/CVD systems for power electronics (GaN/SiC) | FY2024 | FY2024 | 12M | 285.1 | – | 8 |
| China | FY2024 | FY2024 | 12M | 187.1 | – | 8 |
| Japan | FY2024 | FY2024 | 12M | 85.7 | – | 8 |
| Korea | FY2024 | FY2024 | 12M | 66.2 | – | 8 |
| MOCVD systems for optoelectronics (laser, solar, telecom) | FY2024 | FY2024 | 12M | 61.6 | – | 8 |
| Germany | FY2024 | FY2024 | 12M | 58.1 | – | 8 |
| Malaysia | FY2024 | FY2024 | 12M | 51.9 | – | 8 |
| Taiwan | FY2024 | FY2024 | 12M | 24.7 | – | 8 |
| Optoelectronics (laser, solar, telecom) | FY2023 | FY2023 | 12M | 66.2 | – | 4 |
| LED (including Micro LED) | FY2023 | FY2023 | 12M | 59.9 | – | 4 |
| LEDs including Micro LEDs | – | FY2024 | – | – | – | 8 |
| Power Electronics | – | FY2024 | – | – | – | 8 |
Products & M&A (14/18 active+recent)#
Product announcements from the reports; market launches, approvals, partnerships; with first mention (date) and source. “Active/current” means: still mentioned in the most recent reports; what the company no longer mentions moves to the expandable part but is never deleted. Rows in grey are discontinued products.
| Product/Line | Since | Status | Source |
|---|---|---|---|
| Major laser system shipments | 2026-09 | Launched | 14 |
| New production site in Penang, Malaysia | 2026-06 | Launched | 14 |
| Workforce reduction in operations division | 2026-03 | Launched | 14 |
| Malaysia production facility | 2026-03 | Planned | 13 |
| G10-SiC major volume order from China | 2025-06 | Launched | 11 |
| SiC power semiconductor systems | 2025 | Launched | 12 |
| NeuroSys cluster - neuromorphic hardware and 2D materials for memristors | 2025 | Launched | 12 |
| Micro-LED display systems | 2025 | Launched | 12 |
| Laser diode production systems | 2025 | Launched | 12 |
| G10-SiC system 100th unit delivery | 2025 | Launched | 12 |
| ALL2GaN project - European smart GaN integration toolbox development | 2025 | Launched | 12 |
| 300 mm wafer technology pilot systems delivery to customers | 2025 | Launched | 12 |
| 300 mm GaN platform development | 2025 | Launched | 12 |
| Innovation Center | 2023 | Launched | 11 |
| Expansion of production capacity in Italy | 2024-09 | Launched | 6 |
| 300 mm GaN wafer pilot system placement | 2024 | Launched | 8 |
| G10-GaN | 2022 | Launched | 8 |
| G10 product family market launch | 2022 | Launched | 8 |
M&A (2)#
All recorded acquisitions (purchases) and divestitures/exits with date, short description and source; deliberately including smaller transactions that summaries often miss. Purchase prices appear only where the company itself has disclosed them. Rows in grey are cancelled transactions; the cancellation date is shown in the row.
Acquisitions
| Transaction / stake | Date | Type | Source |
|---|---|---|---|
| Convertible bond issuance | 2026-04 | Completed | 14 |
| Production facility in Italy disposal | 2024 | Completed | 14 |
Reported KPIs (as disclosed) (326)#
Figures the company discloses itself in addition to the standard financials; order intake, recurring revenue, user or unit counts, adjusted measures. These “story KPIs” usually slip through standard databases; here they are collected as reported, with no calculation of our own. Important: the definition comes from the company itself and can differ from firm to firm; period and source are stated next to every value.
| Date | Period | KPI | Value / change | Source |
|---|---|---|---|---|
| 2026-07-30 | 2026-H1 | Order Backlog | 456.9 (EUR in EUR million) | 14 |
| 2026-07-30 | 2026-H1 | Net Margin Q2 2026 | 17 | 14 |
| 2026-07-30 | 2026-H1 | Net Margin Q2 2025 | 14 | 14 |
| 2026-07-30 | 2026-H1 | Net Margin H1 2026 | -2 | 14 |
| 2026-07-30 | 2026-H1 | Net Margin H1 2025 | 10 | 14 |
| 2026-07-30 | 2026-H1 | Gross Margin Q2 2026 | 41 | 14 |
| 2026-07-30 | 2026-H1 | Gross Margin Q2 2025 | 41 | 14 |
| 2026-07-30 | 2026-H1 | Gross Margin H1 2026 | 33 | 14 |
| 2026-07-30 | 2026-H1 | Gross Margin H1 2025 | 36 | 14 |
| 2026-07-30 | 2026-H1 | Equity Ratio | 61 | 14 |
| 2026-07-30 | 2026-H1 | EBIT Margin Q2 2026 | 13 | 14 |
| 2026-07-30 | 2026-H1 | EBIT Margin Q2 2025 | 17 | 14 |
| 2026-07-30 | 2026-H1 | EBIT Margin H1 2026 | -4 | 14 |
| 2026-07-30 | 2026-H1 | EBIT Margin H1 2025 | 11 | 14 |
| – | 2026-Q1 | Order backlog (Equipment only) | 359.1 (EUR in EUR million) | 13 |
| – | 2026-Q1 | Gross margin | 18% | 13 |
| – | 2026-Q1 | Equity ratio | 85% | 13 |
| – | 2026-Q1 | Equity | 890.0 (EUR in EUR million) | 13 |
| – | 2026-Q1 | EBIT margin | -38% | 13 |
| – | 2026-Q1 | Contract liabilities for advance payments | 79.2 | 13 |
| 2026-02-25 | FY2025 | Unused revolving credit facility | 200.0 | 12 |
| 2026-02-25 | FY2025 | Treasury shares % | 0.6% | 12 |
| 2026-02-25 | FY2025 | Treasury shares | 670,262 | 12 |
| 2026-02-25 | FY2025 | Subscribed capital | 113.5 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Share capital | 113,456,120 | 12 |
| 2026-02-25 | FY2025 | Property, plant & equipment | 222.5 | 12 |
| 2026-02-25 | FY2025 | Issued capital | 112.8 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Guarantee facilities | 58.0 | 12 |
| 2026-02-25 | FY2025 | Gross margin | 40% | 12 |
| 2026-02-25 | FY2025 | Equity Ratio | 87% | 12 |
| 2026-02-25 | FY2025 | EBIT margin | 18% | 12 |
| 2026-02-25 | FY2025 | Dividend payment | 16.9 | 12 |
| 2026-02-25 | FY2025 | Change in cash equivalents | 34.8 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Cash flow from investing activities | -137.6 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Cash flow from financing activities | -8.4 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Capital reserve | 304.9 (EUR EUR million) | 12 |
| 2026-02-25 | FY2025 | Backlog | 257.8 million | 12 |
| 2026-02-25 | FY2025 | R&D expenses % revenue | 15 | 12 |
| 2026-02-25 | FY2025 | Order backlog | 257.8 (EUR in EUR million) | 12 |
| 2026-02-25 | FY2025 | Gross margin | 40 | 12 |
| 2026-02-25 | FY2025 | Equity ratio | 88 | 12 |
| 2026-02-25 | FY2025 | EBIT margin | 18 | 12 |
| – | 2025-Q3 | Unused revolving credit facility | 200.0 | 10 |
| – | 2025-Q3 | Total equity Sept 2025 | 861.9 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Total equity Dec 2024 | 848.0 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Services and spares revenues 9M 2024 | 80.3 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Services and spares revenues | 79.7 (EUR in EUR million) | 10 |
| – | 2025-Q3 | R&D expenses % revenue 9M 2025 | 16% | 10 |
| – | 2025-Q3 | R&D expenses % revenue 9M 2024 | 17% | 10 |
| – | 2025-Q3 | R&D expenses 9M 2025 | 59.7 (EUR in EUR million) | 10 |
| – | 2025-Q3 | R&D expenses 9M 2024 | 68.7 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Profit margin Q3 2025 | 11% | 10 |
| – | 2025-Q3 | Profit margin Q3 2024 | 20% | 10 |
| – | 2025-Q3 | Profit margin 9M 2025 | 10% | 10 |
| – | 2025-Q3 | Profit margin 9M 2024 | 13% | 10 |
| – | 2025-Q3 | Operating expenses 9M 2025 | 93.9 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Operating expenses 9M 2024 | 99.7 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Gross margin Q3 2025 | 39% | 10 |
| – | 2025-Q3 | Gross margin Q3 2024 | 43% | 10 |
| – | 2025-Q3 | Gross margin 9M 2025 | 37% | 10 |
| – | 2025-Q3 | Gross margin 9M 2024 | 39% | 10 |
| – | 2025-Q3 | Equity ratio Sept 2025 | 85% | 10 |
| – | 2025-Q3 | Equity ratio Dec 2024 | 83% | 10 |
| – | 2025-Q3 | Equipment revenues Q3 2025 | 92.0 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment revenues Q3 2024 | 127.9 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment revenues 9M 2024 | 326.1 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment revenues | 289.8 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment order backlog Sept 2024 | 384.5 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment order backlog June 2025 | 284.6 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment order backlog 2024 YE | 289.3 (EUR in EUR million) | 10 |
| – | 2025-Q3 | Equipment order backlog | 286.5 (EUR in EUR million) | 10 |
| – | 2025-Q3 | EBIT margin Q3 2025 | 13% | 10 |
| – | 2025-Q3 | EBIT margin Q3 2024 | 24% | 10 |
| – | 2025-Q3 | EBIT margin 9M 2025 | 11% | 10 |
| – | 2025-Q3 | EBIT margin 9M 2024 | 15% | 10 |
| – | 2025-H1 | R&D expenses % revenue H1 2024 | 19% | 11 |
| – | 2025-H1 | R&D expenses % revenue | 14% | 11 |
| – | 2025-H1 | Profit margin % Q2 | 14% | 11 |
| – | 2025-H1 | profit margin pct | 10% | 11 |
| – | 2025-H1 | power electronics revenue share | 71% | 11 |
| – | 2025-H1 | Order Backlog | 284.6 (EUR in EUR million) | 11 |
| – | 2025-H1 | optoelectronics revenue share | 9% | 11 |
| – | 2025-H1 | led segment revenue share | 16% | 11 |
| – | 2025-H1 | gross margin pct q2 | 41% | 11 |
| – | 2025-H1 | gross margin pct | 36% | 11 |
| – | 2025-H1 | europe revenue pct | 16% | 11 |
| – | 2025-H1 | equity ratio end 2024 | 83% | 11 |
| – | 2025-H1 | Equity Ratio | 87% | 11 |
| – | 2025-H1 | equipment revenue pct | 79% | 11 |
| – | 2025-H1 | ebit margin pct q2 | 17% | 11 |
| – | 2025-H1 | ebit margin pct | 11% | 11 |
| – | 2025-H1 | asia revenue pct | 64% | 11 |
| – | 2025-H1 | americas revenue pct | 20% | 11 |
| – | 2025-Q1 | R&D expenses, % of revenues | 16% | 9 |
| – | 2025-Q1 | Number of freefloat shares (end of period) | 112,775,058 | 9 |
| – | 2025-Q1 | Market capitalization (end of period) | 1,143.5 (EUR EUR million) | 9 |
| – | 2025-Q1 | Equity ratio | 87% | 9 |
| – | 2025-Q1 | Contract liabilities for advance payments | 51.3 | 9 |
| – | 2025-Q1 | Closing Price (end of period) | 10.14 | 9 |
| 2025-02-26 | FY2024 | working days lost | 30 | 8 |
| 2025-02-26 | FY2024 | work related sickness | 0 | 8 |
| 2025-02-26 | FY2024 | women performance reviews participation rate | 63% | 8 |
| 2025-02-26 | FY2024 | training hours women prior year | 7,299 | 8 |
| 2025-02-26 | FY2024 | training hours women | 5,897 | 8 |
| 2025-02-26 | FY2024 | training hours total prior year | 37,137 | 8 |
| 2025-02-26 | FY2024 | training hours total | 44,801 | 8 |
| 2025-02-26 | FY2024 | training hours per woman prior year | 33.6 | 8 |
| 2025-02-26 | FY2024 | training hours per woman | 26.9 | 8 |
| 2025-02-26 | FY2024 | training hours per man prior year | 32.1 | 8 |
| 2025-02-26 | FY2024 | training hours per man | 39.4 | 8 |
| 2025-02-26 | FY2024 | training hours men prior year | 29,838 | 8 |
| 2025-02-26 | FY2024 | training hours men | 38,905 | 8 |
| 2025-02-26 | FY2024 | temporary workers | 19 | 8 |
| 2025-02-26 | FY2024 | spares revenues prior year | 92,329 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | spares revenues | 103,015 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | services revenues prior year | 5,261 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | services revenues | 7,732 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | self-employed | 34 | 8 |
| 2025-02-26 | FY2024 | occupational accidents rate | 4.69 | 8 |
| 2025-02-26 | FY2024 | occupational accidents | 9 | 8 |
| 2025-02-26 | FY2024 | men performance reviews participation rate | 69% | 8 |
| 2025-02-26 | FY2024 | Gross margin | 41% | 8 |
| 2025-02-26 | FY2024 | external workers | 53 | 8 |
| 2025-02-26 | FY2024 | Equity Ratio | 83% | 8 |
| 2025-02-26 | FY2024 | Equipment revenues prior year | 532,289 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Equipment revenues | 522,412 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | EBIT margin | 21% | 8 |
| 2025-02-26 | FY2024 | CEO to median remuneration ratio | 47 | 8 |
| 2025-02-26 | FY2024 | Average invoice settlement days SME | 27 | 8 |
| 2025-02-26 | FY2024 | Average invoice settlement days | 30 | 8 |
| 2025-02-26 | FY2024 | Work in process | 120,613 | 8 |
| 2025-02-26 | FY2024 | Weighted average number of common shares (diluted) | 112,621,622 | 8 |
| 2025-02-26 | FY2024 | Weighted average number of common shares | 112,621,622 | 8 |
| 2025-02-26 | FY2024 | Warrant lease - Not later than one year | 2,019 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Warrant lease - Later than one to five years | 3,281 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | VAT recoverable | 14,694 | 8 |
| 2025-02-26 | FY2024 | VAT and similar taxes | 133 | 8 |
| 2025-02-26 | FY2024 | Unused credit facility | 200,000 | 8 |
| 2025-02-26 | FY2024 | US Dollars - Liabilities | 25,465 | 8 |
| 2025-02-26 | FY2024 | US Dollars - Assets | 48,583 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Treasury shares | -784,259 | 8 |
| 2025-02-26 | FY2024 | Total related party compensation | 8,479 | 8 |
| 2025-02-26 | FY2024 | Total dividend paid | 45,033 | 8 |
| 2025-02-26 | FY2024 | Total cash outflow for leases | 2,218 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Total capital commitments | 115,288 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Total auditor fees | 648 | 8 |
| 2025-02-26 | FY2024 | Total PP&E - Carrying amount 2024 | 226,915 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Total personnel expense | 125,439 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Total intangible assets - Carrying amount 2024 | 80,930 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Technical equipment - Carrying amount 2024 | 51,582 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Tax loss carry-forwards (unrecognized) | 108,861 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Tax expense 2024 | 25.94 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Tax expense 2023 | 12.49 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Tax credits (unrecognized) | 10,601 | 8 |
| 2025-02-26 | FY2024 | Supervisory Board short-term benefits | 641 | 8 |
| 2025-02-26 | FY2024 | Social insurance contributions | 14,887 | 8 |
| 2025-02-26 | FY2024 | Short-term and low-value lease expenses | 292 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Share-based payments | 4,528 | 8 |
| 2025-02-26 | FY2024 | Service spare parts pct 2024 | 17 | 8 |
| 2025-02-26 | FY2024 | SG&A expenses pct revenues 2024 | 7 | 8 |
| 2025-02-26 | FY2024 | SG&A expenses pct revenues 2023 | 7 | 8 |
| 2025-02-26 | FY2024 | R&D funding | 5,395 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Reimbursement of R&D costs | 3,673 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Raw materials and supplies | 225,733 | 8 |
| 2025-02-26 | FY2024 | R&D expenses pct revenues | 14 | 8 |
| 2025-02-26 | FY2024 | R&D expenses 2024 | 91.4 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | R&D expenses 2023 | 87.7 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Proposed total dividend | 16,901 | 8 |
| 2025-02-26 | FY2024 | Proposed dividend per share | 0.15 | 8 |
| 2025-02-26 | FY2024 | Property, plant and equipment - Carrying amount 2024 | 31,392 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Prepaid expenses | 4,645 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Power electronics segment pct | 55 | 8 |
| 2025-02-26 | FY2024 | Personnel costs 2024 | 125.4 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Personnel costs 2023 | 115.0 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Payroll taxes and social security contributions | 1,409 | 8 |
| 2025-02-26 | FY2024 | Payroll | 104,313 | 8 |
| 2025-02-26 | FY2024 | Patent families 2024 | 295 | 8 |
| 2025-02-26 | FY2024 | Patent families 2023 | 265 | 8 |
| 2025-02-26 | FY2024 | Other non-current financial assets | 675 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Other long-term assets | 3,794 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Other liabilities | 1,147 | 8 |
| 2025-02-26 | FY2024 | Other intangible assets - Carrying amount 2024 | 7,442 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Other financial assets | 511 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Other equipment - Carrying amount 2024 | 8,317 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Other confirmation services fees | 215 | 8 |
| 2025-02-26 | FY2024 | Other assets | 3,351 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Order intake 2024 | 596.4 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Order intake 2023 | 640.7 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Optoelectronics segment pct | 12 | 8 |
| 2025-02-26 | FY2024 | Net foreign exchange losses | -1,340 | 8 |
| 2025-02-26 | FY2024 | Net finance income | 960 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Losses from financial assets at FVTPL | 929 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Liabilities from grants | 921 | 8 |
| 2025-02-26 | FY2024 | Leased land and buildings - Carrying amount 2024 | 4,684 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Leased equipment - Carrying amount 2024 | 253 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | LEDs segment pct | 28 | 8 |
| 2025-02-26 | FY2024 | Japanese Yen - Liabilities | 5,831 | 8 |
| 2025-02-26 | FY2024 | Japanese Yen - Assets | 34,966 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Issued capital | 112,671,861 (EUR millions) | 8 |
| 2025-02-26 | FY2024 | Interest income 2024 | 1.39 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Interest income 2023 | 1.12 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Interest expense 2024 | 0.43 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Interest expense 2023 | 0.20 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Income tax expense | 25,945 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Gross Margin 2023 | 44 | 8 |
| 2025-02-26 | FY2024 | Gross Margin | 41% | 8 |
| 2025-02-26 | FY2024 | Gross Margin | 41 | 8 |
| 2025-02-26 | FY2024 | Goodwill - Carrying amount 2024 | 73,488 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Gains from financial assets at FVTPL | 1,971 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | GBP - Liabilities | 710 | 8 |
| 2025-02-26 | FY2024 | GBP - Assets | 3,233 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Free cash flow 2024 | -72.4 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Free cash flow 2023 | -109.7 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Foreign exchange losses | 1,426 | 8 |
| 2025-02-26 | FY2024 | Foreign exchange gains | 86 | 8 |
| 2025-02-26 | FY2024 | Finance income | 1,389 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Finance expense | -429 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Expense for defined contribution plans | 1,711 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Executive board members | 2 | 8 |
| 2025-02-26 | FY2024 | Executive Board total compensation | 7,839 | 8 |
| 2025-02-26 | FY2024 | Executive Board share-based payments | 4,406 | 8 |
| 2025-02-26 | FY2024 | Europe revenues pct 2024 | 24 | 8 |
| 2025-02-26 | FY2024 | Europe revenues pct 2023 | 30 | 8 |
| 2025-02-26 | FY2024 | Equipment revenues pct 2024 | 83 | 8 |
| 2025-02-26 | FY2024 | Equipment order backlog 2024 | 289.3 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Equipment order backlog 2023 | 353.7 (EUR EUR million) | 8 |
| 2025-02-26 | FY2024 | Effective tax rate | 19.6% | 8 |
| 2025-02-26 | FY2024 | EBIT Margin 2023 | 25 | 8 |
| 2025-02-26 | FY2024 | EBIT Margin | 21 | 8 |
| 2025-02-26 | FY2024 | Dividend per share paid | 0.40 | 8 |
| 2025-02-26 | FY2024 | Dilutive effect of share options | 0 | 8 |
| 2025-02-26 | FY2024 | Depreciation expense 2024 | 12,615 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Customer-specific work in process | 4,309 | 8 |
| 2025-02-26 | FY2024 | Current tax expense | 18,496 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Contract liabilities from advance payments | 141,287 | 8 |
| 2025-02-26 | FY2024 | Chinese Renminbi - Liabilities | 3,178 | 8 |
| 2025-02-26 | FY2024 | Chinese Renminbi - Assets | 10,581 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Capital expenditures for other expenditures | 110,370 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Audit fees | 433 | 8 |
| 2025-02-26 | FY2024 | Assets under construction - Carrying amount 2024 | 130,687 (EUR in EUR thousands) | 8 |
| 2025-02-26 | FY2024 | Asia revenues pct 2024 | 66 | 8 |
| 2025-02-26 | FY2024 | Asia revenues pct 2023 | 50 | 8 |
| 2025-02-26 | FY2024 | Apprentices | 18 | 8 |
| 2025-02-26 | FY2024 | Americas revenues pct 2024 | 10 | 8 |
| 2025-02-26 | FY2024 | Americas revenues pct 2023 | 20 | 8 |
| 2025-02-26 | FY2024 | Advance payments to suppliers | 17,760 | 8 |
| 2025-02-26 | FY2024 | Administration employees | 114 | 8 |
| – | 2024-Q3 | Total equity | 789.9 (EUR in EUR million) | 6 |
| – | 2024-Q3 | Profit margin Q3 | 20 | 6 |
| – | 2024-Q3 | Profit margin 9M | 13 | 6 |
| – | 2024-Q3 | Power electronics segment pct | 57 | 6 |
| – | 2024-Q3 | Order backlog equipment | 384.5 (EUR in EUR million) | 6 |
| – | 2024-Q3 | Optoelectronics segment pct | 11 | 6 |
| – | 2024-Q3 | LED segment pct | 26 | 6 |
| – | 2024-Q3 | Gross margin Q3 | 43 | 6 |
| – | 2024-Q3 | Gross margin 9M | 39 | 6 |
| – | 2024-Q3 | Equity Ratio | 79 | 6 |
| – | 2024-Q3 | Equipment revenues pct 9M | 80 | 6 |
| – | 2024-Q3 | Equipment revenues 9M | 326.1 (EUR in EUR million) | 6 |
| – | 2024-Q3 | EBIT margin Q3 | 24 | 6 |
| – | 2024-Q3 | EBIT margin 9M | 15 | 6 |
| 2024-07-25 | 2024-H1 | Total equity | 758.1 (EUR in EUR million) | 7 |
| 2024-07-25 | 2024-H1 | R&D expenses | 47.5 (EUR in EUR million) | 7 |
| 2024-07-25 | 2024-H1 | R&D as pct revenue | 19% | 7 |
| 2024-07-25 | 2024-H1 | Order backlog equipment revenue mix | 52% | 7 |
| 2024-07-25 | 2024-H1 | Optoelectronics revenue mix | 9% | 7 |
| 2024-07-25 | 2024-H1 | Net margin Q2 2024 | 8% | 7 |
| 2024-07-25 | 2024-H1 | Net margin Q2 2023 | 23% | 7 |
| 2024-07-25 | 2024-H1 | net margin H1 2024 | 9% | 7 |
| 2024-07-25 | 2024-H1 | net margin H1 2023 | 18% | 7 |
| 2024-07-25 | 2024-H1 | LED segment revenue mix | 32% | 7 |
| 2024-07-25 | 2024-H1 | gross profit | 92.9 (EUR in EUR million) | 7 |
| 2024-07-25 | 2024-H1 | gross margin Q2 2024 | 37% | 7 |
| 2024-07-25 | 2024-H1 | gross margin Q2 2023 | 42% | 7 |
| 2024-07-25 | 2024-H1 | gross margin H1 2024 | 37% | 7 |
| 2024-07-25 | 2024-H1 | gross margin H1 2023 | 42% | 7 |
| 2024-07-25 | 2024-H1 | Equity Ratio | 75% | 7 |
| 2024-07-25 | 2024-H1 | EBIT margin Q2 2024 | 10% | 7 |
| 2024-07-25 | 2024-H1 | EBIT margin Q2 2023 | 26% | 7 |
| 2024-07-25 | 2024-H1 | EBIT margin H1 2024 | 9% | 7 |
| 2024-07-25 | 2024-H1 | EBIT margin H1 2023 | 19% | 7 |
| – | 2024-Q1 | R&D expenses, % of revenues | 19% | 5 |
| – | 2024-Q1 | Gross margin | 37% | 5 |
| – | 2024-Q1 | Equity ratio | 76% | 5 |
| – | 2024-Q1 | EBIT margin | 8% | 5 |
| 2024-02-26 | FY2023 | unsatisfied performance obligations | 353.7 | 4 |
| 2024-02-26 | FY2023 | gross margin 2023 | 279,032 | 4 |
| 2024-02-26 | FY2023 | gross margin 2022 | 195,271 | 4 |
| 2024-02-26 | FY2023 | equity ratio 2023 | 74% | 4 |
| 2024-02-26 | FY2023 | equity ratio 2022 | 72% | 4 |
| 2024-02-26 | FY2023 | R&D expenses as % of revenues | 14% | 4 |
| 2024-02-26 | FY2023 | Property, plant and equipment (net) | 147,751 | 4 |
| 2024-02-26 | FY2023 | Other financial assets | 83,655 (EUR in EUR thousands) | 4 |
| 2024-02-26 | FY2023 | Gross Margin | 44% | 4 |
| 2024-02-26 | FY2023 | Equity ratio | 75% | 4 |
| 2024-02-26 | FY2023 | EU Taxonomy Aligned | 73.4% | 4 |
| 2024-02-26 | FY2023 | EBIT Margin | 25% | 4 |
| – | 2023-Q3 | optoelectronics revenue share | 11 | 2 |
| – | 2023-Q3 | LED revenue share | 6 | 2 |
| – | 2023-Q3 | Gross margin Q3 | 46 | 2 |
| – | 2023-Q3 | Gross margin 9M | 43 | 2 |
| – | 2023-Q3 | GaN SiC revenue share | 82 | 2 |
| – | 2023-Q3 | Equity Ratio | 76 | 2 |
| – | 2023-Q3 | Equipment revenue % Q3 | 86 | 2 |
| – | 2023-Q3 | Equipment revenues pct 9M | 84 | 2 |
| – | 2023-Q3 | EBIT margin Q3 | 27 | 2 |
| – | 2023-Q3 | EBIT margin 9M | 22 | 2 |
| – | 2023-Q3 | Days sales outstanding | 50 | 2 |
| 2023-07-27 | 2023-H1 | Service and spare parts revenues | 44.9 (EUR EUR million) | 3 |
| 2023-07-27 | 2023-H1 | R&D expenses % of revenues | 16% | 3 |
| 2023-07-27 | 2023-H1 | R&D expenses | 39.0 (EUR EUR million) | 3 |
| 2023-07-27 | 2023-H1 | Order backlog | 412.5 (EUR EUR million) | 3 |
| 2023-07-27 | 2023-H1 | Market capitalization | 3,525.2 (EUR EUR million) | 3 |
| 2023-07-27 | 2023-H1 | Gross margin | 42% | 3 |
| 2023-07-27 | 2023-H1 | Equity ratio | 75% | 3 |
| 2023-07-27 | 2023-H1 | Equipment revenues | 205.8 (EUR EUR million) | 3 |
| 2023-07-27 | 2023-H1 | Equipment revenue share | 82% | 3 |
| 2023-07-27 | 2023-H1 | Days sales outstanding | 30 | 3 |
| – | 2023-Q1 | Spares and services % | 27 | 1 |
| – | 2023-Q1 | R&D expenses % of revenues | 25 | 1 |
| – | 2023-Q1 | Net margin | 5 | 1 |
| – | 2023-Q1 | Gross margin | 40 | 1 |
| – | 2023-Q1 | Equity Ratio | 72 | 1 |
| – | 2023-Q1 | equipment revenue pct | 73 | 1 |
| – | 2023-Q1 | EBIT margin | 5 | 1 |
| – | 2023-Q1 | Days sales outstanding | 56 | 1 |
Guidance Tracking (latest per metric/period · 14/30)#
All management forecasts (guidance) and their later outcome. Types: fiscal-year targets as well as quarterly/half-year targets; per metric and period the most recent statement applies, older versions can be expanded. The status is checked automatically against the actuals reported later: open (period still running), met, beaten, missed. For ranges (“X to Y”) reaching the range counts. Logged neutrally, no estimate of our own, no assessment.
Actuals: revenue in €m · ratios in %
| For period | Guided on | Metric | Guided | Actual | Verdict | Direction | Source |
|---|---|---|---|---|---|---|---|
| FY2026 | 2026-07-30 | Revenue | 530–590 | – | pending | confirmed | 14 |
| FY2026 | 2026-07-30 | Gross margin (GAAP) | 42% | – | pending | confirmed | 14 |
| FY2026 | 2026-07-30 | EBIT margin | 17–20% | – | pending | confirmed | 14 |
| FY2026 | 2026-02-25 | Gross margin (non-GAAP) | 41–42% | – | pending | confirmed | 12 |
| FY2026 | 2026-02-25 | EBITDA growth (YoY) | 16–19% | – | pending | cut | 12 |
| 2026-Q3 | 2026-07-30 | Revenue | 160–200 | – | pending | confirmed | 14 |
| 2026-Q2 | – | Revenue | 100–120 | 115.1 | in line | initiated | 13 |
| 2026-Q1 | 2026-02-25 | Revenue | 55–75 | 59.4 | in line | initiated | 12 |
| FY2025 | 2026-02-25 ° | Revenue | 530–565 | 556.6 | in line | confirmed | 12 |
| FY2025 | 2026-02-25 ° | Gross margin (GAAP) | 40–41% | – | – | confirmed | 12 |
| FY2025 | 2026-02-25 ° | EBIT margin | 17–19% | 18 | in line | confirmed | 12 |
| 2025-Q3 | – | Revenue | 110–140 | 119.6 | in line | initiated | 11 |
| 2025-Q2 | – | Revenue | 120–140 | 137.4 | in line | initiated | 9 |
| 2025-Q1 | 2025-02-26 | Revenue | 90–110 | 112.5 | beat | initiated | 8 |
| FY2024 | 2024-07-25 | Revenue | 620–660 | 633.2 | in line | cut | 7 |
| FY2024 | 2024-07-25 | EBIT margin | 22–25% | 20.7 | miss | cut | 7 |
| FY2024 | 2024-02-26 | Gross margin (GAAP) | 43–45% | – | – | confirmed | 7 |
| FY2024 | – | Gross margin (non-GAAP) | 43–45% | – | – | confirmed | 5 |
| FY2024 | – | EBITDA (adjusted) | 24–26% | – | – | confirmed | 5 |
| 2024-Q4 | – | Revenue | 215–255 | 226.7 | in line | initiated | 6 |
| 2024-Q3 | 2024-07-25 | Revenue | 150–180 | 156.3 | in line | initiated | 7 |
| 2024-Q2 | – | Revenue | 120–140 | 131.8 | in line | initiated | 5 |
| 2024-Q1 | 2024-02-26 | Revenue | 100–120 | 118.3 | in line | confirmed | 4 |
| FY2023 | 2024-02-26 ° | Revenue | 600–640 | 629.9 | in line | confirmed | 4 |
| FY2023 | 2024-02-26 ° | Order Intake | 620–680 | – | – | confirmed | 4 |
| FY2023 | 2023-07-27 | Gross margin (GAAP) | 45% | – | – | confirmed | 4 |
| FY2023 | 2023-07-27 | EBIT margin | 25–27% | 24.9 | miss | confirmed | 4 |
| FY2023 | – | Gross margin (non-GAAP) | 45% | – | – | confirmed | 1 |
| FY2023 | – | EBITDA (adjusted) | 25–27% | – | – | confirmed | 2 |
| FY2023 | – | Adjusted operating income | 25–27% | – | – | confirmed | 1 |
Development#
A condensed summary per reporting period as running text: what changed operationally, which drivers management names, how earnings and cash flow developed. Most recent period first, grouped by year; each text is written from the original report of that period, superscript numbers lead to the source.
FY2026
In the first half of fiscal 2026, Aixtron SE reported revenues of 59.4 million in Q1 and 115.1 million in Q2, with the first quarter impacted by lower production volume and one-off workforce reduction expenses in the operations division that drove operating income to -22.3 million 13 14. Q2/2026 saw a recovery in profitability, with operating income returning to 14.7 million and an EBIT margin of 13% 14. Equipment order intake in H1/2026 rose 54% to EUR 386.0 million driven by strong optoelectronics demand representing approximately 75% of equipment order intake in Q2/2026, lifting the order backlog to EUR 456.9 million as of June 30, 2026 14. In April 2026, Aixtron placed a convertible bond with EUR 450 million nominal value maturing April 2031 and announced the establishment of a new production site in Penang, Malaysia to strengthen manufacturing flexibility and support Asian customers 14. Full-year 2026 revenue guidance was raised after Q1 results and subsequently confirmed at EUR 560 million (range +/- EUR 30 million), gross margin around 42%, and EBIT margin of 17-20% 13 14.
FY2025
Aixtron SE reported FY2025 revenue of 556.6 million, declining 12% from the prior year amid a challenging market environment characterised by soft GaN and LED sector demand and delayed investment decisions by customers 12. Operating result (EBIT) declined 24% to 100.3 million, with the EBIT margin falling to 18% from 21% in the prior year, while net profit was 85.3 million 12. Free cash flow improved significantly to EUR 181.9 million from negative EUR 72.4 million in the prior year, driven by inventory reduction and working capital management 12. Optoelectronics demand grew significantly, fuelled by AI and data communications applications, with the G10-AsP platform gaining market share as the new tool of record in the laser market; GaN and SiC power electronics sectors remained under pressure from soft demand and market overcapacity throughout the year 12.
FY2024
Aixtron SE reported full-year 2024 revenue of 633.2 EUR million, roughly flat year-on-year and reaching the lower end of the adjusted annual forecast range of EUR 620-660 million 8. Operating result (EBIT) declined to 131.2 EUR million, with a 21% EBIT margin that came in below the adjusted forecast range of 22-25%, as the SiC and GaN power electronics segment experienced weaker-than-expected demand driven by overcapacity and reduced electric vehicle investments 8. Gross margin declined to 41% from 44% in the prior year due to an adverse product mix with a higher proportion of LED systems and lower capacity utilization 8. The LED segment recorded strong growth in both traditional and Micro LED applications, partially offsetting power electronics weakness, while full-year order intake reached EUR 596.4 million 8. For 2025, the company issued initial guidance for revenues in the range of EUR 530-600 million, gross margin approximately 41-42%, and EBIT margin approximately 18-22%, citing expected continued reluctance in power electronics investment and the non-repeat of strong 2024 LED replacement orders 8.
FY2023
Aixtron revenues increased 36% to 629.9 million in FY 2023, driven by continued strong demand for MOCVD systems in power electronics applications 4. Order intake grew 9% to EUR 640.7 million, with particularly strong demand for GaN and SiC systems 4. Operating result improved 50% to 156.8 million, with an EBIT margin of 25% and gross margin of 44%, compared to 23% and 42% respectively in the prior year 4. Net income rose 44% to 145.2 million, while free cash flow turned negative, primarily due to inventory build-up in preparation for higher expected shipment volumes and higher capital expenditures for the new innovation center 4. AIXTRON completed its full G10 product family with the launch of G10-GaN in September 2023 and approved EUR 100 million for a new innovation center at its Herzogenrath headquarters 4.
Glossary#
- Revenue: Revenue from contracts with customers, net of sales deductions, as the company itself reports it; not total output, gross revenue, GMV or order intake.
- Op. income: The operating line of the income statement; EBIT only as a marked fallback, never pre-tax or ordinary income.
- Net income: Net income attributable to the shareholders of the parent, after discontinued operations; not the result including minority interests, not comprehensive income.
- EPS: Diluted earnings per share attributable to the shareholders of the parent; a printed figure always beats a calculated one, calculated values are marked.
- FCF: Free cash flow = operating cash flow minus capital expenditure on property, plant and equipment; the company's own free cash flow figure is shown separately.
- OCF: Cash flow from operating activities as reported; IFRS companies may show interest paid in financing cash flow, so the figure is not always comparable.
- Cash: Cash and cash equivalents, without securities unless the company reports them as part of the position.
- Net Debt: Net debt = financial debt excluding lease liabilities minus cash at the same reporting date; the company's own net position may differ.
- *: derived, the formula is in the hover
- ≈: calculated, approximation
- ~: uncertain; the value stays visible, verdicts do not use it
- °: repaired by a targeted query against the document, or curated with documentary evidence
- EBIT: EBIT as a fallback: the income statement carries no operating line
- basic: basic earnings per share as a fallback when diluted is missing
Sources: official investor relations documents#
All original documents used, with type (e.g. quarterly, half-year, annual report), publication date and a direct link to the filing (EDINET/SEC/IR). Every superscript number in the report points to an entry in this list; so every figure can be traced back to its place in the original.
| # | Document type | Published | Link |
|---|---|---|---|
| #1 / #101 | IR-Quarter | – | Open |
| #2 / #102 | IR-Quarter | – | Open |
| #5 / #105 | IR-Quarter | – | Open |
| #6 / #106 | IR-Quarter | – | Open |
| #9 / #109 | IR-Quarter | – | Open |
| #10 / #110 | IR-Quarter | – | Open |
| #11 / #111 | IR-Half | – | Open |
| #13 / #113 | IR-Quarter | – | Open |
| #3 / #103 | IR-Half | 2023-07-27 | Open |
| #4 / #104 | IR-Annual | 2024-02-26 | Open |
| #7 / #107 | IR-Half | 2024-07-25 | Open |
| #8 / #108 | IR-Annual | 2025-02-26 | Open |
| #12 / #112 | IR-Annual | 2026-02-25 | Open |
| #14 / #114 | IR-Half | 2026-07-30 | Open |
FAQ#
Is there a management forecast (guidance) for FY2026?
Yes. Management has issued targets for FY2026, including Revenue. The guidance tracking chapter shows all targets and checks them against the actuals reported later; neutral, with no estimate of our own.
Does Aixtron SE pay a dividend?
The filings report on the dividend; most recent entry: dividends paid 16.9 (FY2025) (as reported, no assessment of our own). Details with source links are in the report chapters.
Where can I find the official investor relations documents of Aixtron SE?
The sources chapter links all 28 original filings used (IR documents) with type, publication date and a direct link; every figure in the report carries a source number.