Soitec Reports 18% Sequential Increase in Quarterly Revenue
Soitec has reported revenue of 160 million euros for the third quarter of its 2026 fiscal year, which ended on December 31, representing an 18% sequential increase at constant scope and exchange rates.
However, compared to the same period a year earlier, revenue fell by 22%.
Pierre Barnabé, CEO of Soitec, commented: "While third-quarter 2026 revenue came in above our guidance, driven by the strong performance of Soitec's teams, we remain cautious regarding end-market dynamics. The strong momentum in Artificial Intelligence is offset by continued weakness in the Automotive market and ongoing inventory adjustments in RF-SOI. We are closely monitoring the outlook for the smartphone market and its potential impact on this correction."
The semiconductor materials specialist is forecasting a sequential revenue increase of 20% in the fourth quarter, at constant scope and exchange rates. The market environment is expected to remain broadly stable, with the ongoing correction of customer inventories.
Soitec is a world leader in the manufacturing and marketing of innovative semi-conductor materials. The company occupies a key position in the semiconductor value chain, serving three main strategic markets: Mobile Communications, Automotive and Industrial, and Edge & Cloud AI.
With nearly 4,300 patents, the group pursues a disruptive innovation strategy to provide its customers with products that combine performance, energy efficiency and competitiveness.
Soitec operates industrial manufacturing sites, R&D centers and sales offices in Europe, the United States and Asia.
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