Amkor Technology posts Q3 2026 revenue of $1.99 B and guides Q4 revenue below consensus
Amkor Technology reported third‑quarter 2026 revenue of $1.99 billion, up 5% sequentially, with net income of $191 million and earnings of $0.76 per share. Gross margin expanded to 18.3% and operating margin rose above 11% as record sales came from Computing and Automotive & Industrial segments, while Communications fell 8% sequentially. The company guided fourth‑quarter revenue of $1.9 billion‑$2.0 billion and EPS of $0.65‑$0.75, both below FactSet consensus. CEO Kevin Engel highlighted continued customer pre‑payments and a $12 billion Arizona campus expansion supporting advanced‑packaging growth.
Why it matters
The lower‑than‑expected Q4 guidance suggests near‑term revenue may contract, which could pressure the stock until the anticipated mid‑year growth in Computing materializes. The expanded margins and strong cash position ($2.4 billion) give the company flexibility to fund its capital‑expenditure plan of roughly $2.5 billion for 2026, according to the earnings release.
Key facts
- 1Q3 2026 revenue was $1.99 billion. stocktitan.net
- 2Net income was $191 million, or $0.76 per diluted share. stocktitan.net
- 3Gross margin was 18.3% in Q3. investing.com
- 4Operating margin was over 11% in Q3. news.alphastreet.com
- 5Q4 2026 revenue guidance is $1.9 billion‑$2.0 billion. marketscreener.com
- 6Q4 2026 EPS guidance is $0.65‑$0.75. marketscreener.com
Summary written by AlphAI AI Desk from 20 of 27 sources. Not investment advice. Figures are as stated by the linked sources.