Infineon Technologies AG Q4 2026 Earnings Recap

Infineon’s shares rose 7.2% after the company forecast fiscal 2027 revenue of around €20 billion, up more than 20% year on year, and a mid-20s segment result margin. The outlook builds on a fiscal 2026 recovery, though it also entails €3–3.5 billion of fab investment.

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 a record.
• 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 company said this was in line with its target operating model.
• For fiscal 2027, Infineon expects around €20 billion in revenue and a mid-20s segment result margin.
• Planned fiscal 2027 investment is €3–3.5 billion in fabs, plus around €2.8 billion for research and development.