Himax Technologies (HIMX) financial statements
Himax Technologies reported revenue of $832M in fiscal 2025, up 0.4% a year over 9 years.
Net income was $44M and the operating margin 5.3%, against 7.4% in 2016.
Free cash flow was $120M, and the company returned $65M in dividends and $5M in net buybacks.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Himax Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $803M | $685M | $724M | $672M | $887M | $1.5B | $1.2B | $945M | $907M | $832M |
| Cost of revenue | $609M | $518M | $555M | $534M | $667M | $799M | $714M | $682M | $631M | $578M |
| Gross profit | $194M | $167M | $169M | $138M | $221M | $749M | $487M | $263M | $276M | $254M |
| Research and development | $96M | $118M | $123M | $115M | $122M | $151M | $176M | $171M | $160M | $161M |
| Selling, general and admin | $39M | $20M | $22M | $24M | $24M | $29M | $29M | $25M | $24M | $26M |
| Operating income | $59M | $8M | $3M | -$18M | $58M | $545M | $258M | $43M | $68M | $44M |
| Interest expense | $633,000 | $313,000 | $1M | $2M | $2M | $1M | $3M | $6M | $4M | $3M |
| Pre-tax income | $59M | $30M | $7M | -$16M | $57M | $545M | $277M | $44M | $77M | $55M |
| Income tax | $11M | $5M | $994,000 | $416,000 | $12M | $111M | $41M | -$5M | -$2M | $10M |
| Net income | $51M | $28M | $9M | -$14M | $47M | $437M | $237M | $51M | $80M | $44M |
| EPS (diluted) | $0.15 | $0.08 | $0.02 | -$0.04 | $0.14 | $1.25 | $0.68 | $0.14 | $0.23 | $0.13 |
| Diluted shares | 345M | 345M | 345M | 345M | 347M | 350M | 350M | 350M | 350M | 349M |
| Gross margin | 24.2% | 24.4% | 23.3% | 20.5% | 24.9% | 48.4% | 40.5% | 27.9% | 30.5% | 30.6% |
| Operating margin | 7.4% | 1.2% | 0.5% | -2.7% | 6.5% | 35.2% | 21.4% | 4.6% | 7.5% | 5.3% |
| Net margin | 6.3% | 4.0% | 1.2% | -2.0% | 5.3% | 28.2% | 19.7% | 5.4% | 8.8% | 5.3% |
Balance sheet
Fiscal years, from Himax Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $195M | $138M | $106M | $101M | $185M | $336M | $222M | $192M | $218M | $258M |
| Receivables | $191M | $188M | — | — | — | — | — | — | — | — |
| Inventory | $150M | $135M | $163M | $144M | $109M | $199M | $371M | $217M | $159M | $153M |
| Total current assets | $703M | $663M | $654M | $605M | $694M | $1.2B | $1.3B | $1.2B | $1.2B | $1.3B |
| Property, plant and equipment | $48M | $85M | $111M | $139M | $132M | $133M | $126M | $130M | $121M | $120M |
| Goodwill | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M | $28M |
| Total assets | $800M | $803M | $837M | $818M | $910M | $1.6B | $1.7B | $1.6B | $1.6B | $1.7B |
| Total current liabilities | $325M | $344M | $391M | $381M | $352M | $601M | $694M | $709M | $707M | $800M |
| Total liabilities | $328M | $350M | $394M | $387M | $425M | $731M | $808M | $780M | $743M | $833M |
| Shareholders' equity | $468M | $455M | $447M | $433M | $480M | $870M | $893M | $857M | $890M | $893M |
| Net debt | -$184M | $9M | $78M | -$101M | -$185M | -$336M | -$222M | -$192M | -$218M | -$258M |
Cash flow
Fiscal years, from Himax Technologies's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $85M | $29M | $4M | $8M | $103M | $388M | $83M | $153M | $116M | $140M |
| Capital spending | $8M | $40M | $51M | $46M | $6M | $8M | $12M | $23M | $13M | $21M |
| Free cash flow | $77M | -$10M | -$47M | -$38M | $97M | $380M | $71M | $129M | $103M | $120M |
| Stock-based compensation | $1M | $997,000 | $408,000 | $457,000 | $763,000 | $700,000 | $3M | $3M | $1M | $730,000 |
| Dividends paid | $22M | $41M | $17M | $0 | $4,000 | $47M | $218M | $84M | $51M | $65M |
| Share buybacks (net) | — | — | — | — | — | — | $0 | $0 | -$832,000 | -$5M |
| Net borrowing | — | $9M | $37M | $0 | $58M | -$6M | -$6M | -$6M | -$6M | -$6M |
| Free cash flow margin | 9.6% | -1.5% | -6.4% | -5.7% | 10.9% | 24.6% | 5.9% | 13.7% | 11.3% | 14.4% |
| Dividends per share | $0.06 | $0.12 | $0.05 | — | $0.00 | $0.14 | $0.62 | $0.24 | $0.14 | $0.19 |
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Open HIMX in InvestinglyQuestions
What was Himax Technologies's revenue in 2025?
$832M in fiscal 2025, from its 10-K filing.
How much free cash flow does Himax Technologies generate?
$120M in fiscal 2025 (operating cash flow minus capital spending).
From Himax Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.