Infineon Technologies AG Q4 2026 Earnings Recap

Infineon’s shares rose 3.6% after the company forecast fiscal 2027 revenue of around €20 billion and a segment margin in the mid-20s, following 12% revenue growth and improving profitability in fiscal 2026. The outlook points to growth accelerating, though it also comes with planned fab investment of €3–3.5 billion.

Key Takeaways

• Fiscal 2026 revenue was €16.353 billion, up around 12% year on year, or 15% at constant exchange rates; the fourth quarter was the strongest of the year.
• The segment result margin improved to 19.7% from 17.5% in the prior year.
• Adjusted free cash flow was €1.9 billion, equal to 11.8% of revenue; the figure excludes acquisitions and investment in large front-end buildings.
• For fiscal 2027, Infineon expects revenue of around €20 billion, more than 20% higher year on year, and a segment result margin in the mid-20s percentage range.
• Planned fiscal 2027 investment includes €3–3.5 billion in fabs and around €2.8 billion in research and development.