Himax Technologi Financials

HIMX

Source SEC Filings (10-K/10-Q) Data as of Mar 27, 2026 Currency USD FYE March

This page shows Himax Technologi (HIMX) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 10 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HIMX FY2025 2026-04-22

Cash conversion is the dominant mechanic here, with a low-capex model producing cash faster than reported earnings.

Operating cash flow of $152.8M against net income of $49.4M shows earnings quality that is much more cash-heavy than the income statement alone suggests. Because capex was only $23.4M, that translated into free cash flow of $129.5M, so the business did not need heavy reinvestment to sustain the year’s activity.

The balance sheet is lightly debt-financed: long-term debt was just $3.5M versus cash of $218.1M. But with current liabilities making up most of total liabilities, liquidity depends more on steady working-capital turnover than on long-dated borrowing.

Returns were still modest at 3.0% on assets and 5.5% on equity, even though cash generation was strong. That combination suggests the operating engine is healthy, but a sizable pool of cash and other current assets is keeping the balance sheet less productive than the cash-flow line might imply.

Financial Health Signals

Financial health score pending refresh

We are recalculating Himax Technologi's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Piotroski F-Score Partial

3/7

Himax Technologi passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

3.09x

For every $1 of reported earnings, Himax Technologi generates $3.09 in operating cash flow ($152.8M OCF vs $49.4M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$945.4M

YoY+38.0%

5Y CAGR+4.2%

Himax Technologi generated $945.4M in revenue in fiscal year 2025. This represents an increase of 38.0% from the prior year.

EBITDA

N/A

Net Income

$49.4M

YoY+76.7%

5Y CAGR-4.3%

Himax Technologi reported $49.4M in net income in fiscal year 2025. This represents an increase of 76.7% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$129.5M

YoY+1341.9%

5Y CAGR+31.7%

Himax Technologi generated $129.5M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 1341.9% from the prior year.

Cash & Debt

$218.1M

YoY+58.1%

5Y CAGR+11.4%

Himax Technologi held $218.1M in cash against $3.5M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

349M

YoY+1.3%

5Y CAGR+0.5%

Himax Technologi had 349M shares outstanding in fiscal year 2025. This represents an increase of 1.3% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

5.2%

YoY+1.1pp

5Y CAGR-2.7pp

Himax Technologi's net profit margin was 5.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 1.1 percentage points from the prior year.

Return on Equity

5.5%

YoY-0.6pp

5Y CAGR-8.2pp

Himax Technologi's ROE was 5.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.6 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$832K

Himax Technologi spent $832K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$23.4M

YoY-41.3%

5Y CAGR+4.9%

Himax Technologi invested $23.4M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 41.3% from the prior year.

HIMX Income Statement

Metric	FY25	FY17	FY16	FY15	FY14	FY13
Revenue	$945.4M+38.0%	$685.2M-14.7%	$802.9M+16.1%	$691.8M-17.7%	$840.5M+9.1%	$770.7M
Cost of Revenue	N/A	$518.1M-14.9%	$608.6M+15.1%	$528.7M-16.7%	$634.7M+9.6%	$578.9M
Gross Profit	N/A	$167.0M-14.0%	$194.3M+19.1%	$163.1M-20.8%	$205.9M+7.3%	$191.9M
R&D Expenses	N/A	$117.8M+22.9%	$95.8M+1.5%	$94.4M+2.8%	$91.8M+14.3%	$80.4M
SG&A Expenses	N/A	$20.6M+2.5%	$20.1M+8.9%	$18.5M-8.5%	$20.2M+11.3%	$18.1M
Operating Income	N/A	$8.2M-86.2%	$59.2M+93.1%	$30.7M-57.8%	$72.7M-2.2%	$74.3M
Interest Expense	N/A	$565K-10.7%	$633K+23.2%	$514K-0.8%	$518K+29.2%	$401K
Income Tax	-$5.0M-211.2%	$4.5M-57.6%	$10.7M-6.4%	$11.4M-47.2%	$21.6M+10.9%	$19.5M
Net Income	$49.4M+76.7%	$28.0M-45.1%	$50.9M+102.1%	$25.2M-62.2%	$66.6M+8.3%	$61.5M
EPS (Diluted)	N/A	$0.08-46.7%	$0.15+114.3%	$0.07-63.2%	$0.19+5.6%	$0.18

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HIMX Balance Sheet

Metric	FY25	FY17	FY16	FY15	FY14	FY13
Total Assets	$1.6B+104.4%	$802.1M+0.3%	$799.6M-0.3%	$802.3M-3.7%	$833.0M+9.7%	$759.3M
Current Assets	$1.2B+76.6%	$661.4M-5.9%	$703.0M+0.7%	$697.8M-4.4%	$729.6M+14.1%	$639.7M
Cash & Equivalents	$218.1M+58.1%	$138.0M-25.2%	$184.5M+42.1%	$129.8M-30.0%	$185.5M+45.7%	$127.3M
Inventory	$158.7M+17.4%	$135.2M-9.7%	$149.7M-12.6%	$171.4M+3.2%	$166.1M-6.4%	$177.4M
Accounts Receivable	N/A	$187.6M-1.8%	$191.0M+7.8%	$177.2M-19.2%	$219.4M+9.3%	$200.7M
Goodwill	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M
Total Liabilities	$743.2M+116.4%	$343.5M+4.8%	$327.8M-8.3%	$357.3M-1.0%	$361.0M+17.6%	$307.1M
Current Liabilities	$706.6M+109.6%	$337.2M+3.8%	$324.7M-7.9%	$352.7M-0.8%	$355.4M+17.0%	$303.8M
Long-Term Debt	$3.5M	N/A	N/A	N/A	N/A	N/A
Total Equity	$896.3M+96.3%	$456.6M-2.4%	$467.7M+6.6%	$438.7M-7.2%	$472.6M+5.1%	$449.8M
Retained Earnings	$664.6M	N/A	N/A	N/A	N/A	N/A

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11
Total Assets	$802.1M+0.3%	$799.6M-0.3%	$802.3M-3.7%	$833.0M+9.7%	$759.3M+12.6%	$674.6M+4.6%	$645.0M+4.1%	$619.6M
Current Assets	$661.4M-5.9%	$703.0M+0.7%	$697.8M-4.4%	$729.6M+14.1%	$639.7M+12.8%	$567.1M+10.0%	$515.7M+6.1%	$485.9M
Cash & Equivalents	$138.0M-25.2%	$184.5M+42.1%	$129.8M-30.0%	$185.5M+45.7%	$127.3M-8.2%	$138.7M+30.7%	$106.2M+9.6%	$96.8M
Inventory	$135.2M-9.7%	$149.7M-12.6%	$171.4M+3.2%	$166.1M-6.4%	$177.4M+52.1%	$116.7M+3.3%	$113.0M-4.2%	$118.0M
Accounts Receivable	$187.6M-1.8%	$191.0M+7.8%	$177.2M-19.2%	$219.4M+9.3%	$200.7M+47.9%	$135.7M+34.0%	$101.3M+26.3%	$80.2M
Goodwill	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M+4.8%	$26.8M0.0%	$26.8M
Total Liabilities	$343.5M+4.8%	$327.8M-8.3%	$357.3M-1.0%	$361.0M+17.6%	$307.1M+24.6%	$246.4M-1.4%	$249.9M+17.5%	$212.6M
Current Liabilities	$337.2M+3.8%	$324.7M-7.9%	$352.7M-0.8%	$355.4M+17.0%	$303.8M+25.5%	$242.1M-1.3%	$245.4M+19.3%	$205.7M
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$456.6M-2.4%	$467.7M+6.6%	$438.7M-7.2%	$472.6M+5.1%	$449.8M+5.1%	$427.9M+8.8%	$393.4M-3.1%	$405.9M
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HIMX Cash Flow Statement

Metric	FY25	FY17	FY16	FY15	FY14	FY13
Operating Cash Flow	$152.8M+420.0%	$29.4M-65.3%	$84.7M+275.8%	$22.5M-76.0%	$93.7M+83.3%	$51.1M
Capital Expenditures	$23.4M-41.3%	$39.8M+403.9%	$7.9M-20.8%	$10.0M-8.7%	$10.9M-40.6%	$18.4M
Free Cash Flow	$129.5M+1341.9%	-$10.4M-113.6%	$76.8M+511.9%	$12.5M-84.8%	$82.8M+153.1%	$32.7M
Investing Cash Flow	-$88.9M-153.3%	-$35.1M-392.3%	-$7.1M+74.9%	-$28.3M	N/A	-$30.5M
Financing Cash Flow	-$93.6M-127.1%	-$41.2M-81.4%	-$22.7M+54.2%	-$49.6M	N/A	-$32.1M
Dividends Paid	$83.7M+102.8%	$41.3M+84.7%	$22.3M-56.5%	$51.4M+11.6%	$46.0M+8.6%	$42.4M
Share Buybacks	$832K	N/A	N/A	N/A	N/A	N/A

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

HIMX Financial Ratios

Metric	FY25	FY17	FY16	FY15	FY14	FY13
Gross Margin	N/A	24.4%+0.2pp	24.2%+0.6pp	23.6%-0.9pp	24.5%-0.4pp	24.9%
Operating Margin	N/A	1.2%-6.2pp	7.4%+3.0pp	4.4%-4.2pp	8.6%-1.0pp	9.7%
Net Margin	5.2%+1.1pp	4.1%-2.3pp	6.3%+2.7pp	3.6%-4.3pp	7.9%-0.1pp	8.0%
Return on Equity	5.5%-0.6pp	6.1%-4.8pp	10.9%+5.1pp	5.7%-8.3pp	14.1%+0.4pp	13.7%
Return on Assets	3.0%-0.5pp	3.5%-2.9pp	6.4%+3.2pp	3.1%-4.9pp	8.0%-0.1pp	8.1%
Current Ratio	1.65-0.3	1.96-0.2	2.16+0.2	1.98-0.1	2.05-0.1	2.11
Debt-to-Equity	0.00-0.7	0.75+0.1	0.70-0.1	0.81+0.1	0.76+0.1	0.68
FCF Margin	13.7%+15.2pp	-1.5%-11.1pp	9.6%+7.8pp	1.8%-8.0pp	9.8%+5.6pp	4.2%

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	1.96-0.2	2.16+0.2	1.98-0.1	2.05-0.1	2.11-0.2	2.34+0.2	2.10-0.3	2.36
Debt-to-Equity	0.75+0.1	0.70-0.1	0.81+0.1	0.76+0.1	0.68+0.1	0.58-0.1	0.64+0.1	0.52
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is Himax Technologi's annual revenue?

Himax Technologi (HIMX) reported $945.4M in total revenue for fiscal year 2025. This represents a 38.0% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Himax Technologi's revenue growing?

Himax Technologi (HIMX) revenue grew by 38% year-over-year, from $685.2M to $945.4M in fiscal year 2025.

Is Himax Technologi profitable?

Yes, Himax Technologi (HIMX) reported a net income of $49.4M in fiscal year 2025, with a net profit margin of 5.2%.

How much debt does Himax Technologi have?

As of fiscal year 2025, Himax Technologi (HIMX) had $218.1M in cash and equivalents against $3.5M in long-term debt.

What is Himax Technologi's net profit margin?

Himax Technologi (HIMX) had a net profit margin of 5.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Himax Technologi's return on equity (ROE)?

Himax Technologi (HIMX) has a return on equity of 5.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Himax Technologi's free cash flow?

Himax Technologi (HIMX) generated $129.5M in free cash flow during fiscal year 2025. This represents a 1341.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Himax Technologi's operating cash flow?

Himax Technologi (HIMX) generated $152.8M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Himax Technologi's total assets?

Himax Technologi (HIMX) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Himax Technologi's capital expenditures?

Himax Technologi (HIMX) invested $23.4M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Himax Technologi buy back shares?

Yes, Himax Technologi (HIMX) spent $832K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Himax Technologi have outstanding?

Himax Technologi (HIMX) had 349M shares outstanding as of fiscal year 2025.

What is Himax Technologi's current ratio?

Himax Technologi (HIMX) had a current ratio of 1.65 as of fiscal year 2025, which is generally considered healthy.

What is Himax Technologi's debt-to-equity ratio?

Himax Technologi (HIMX) had a debt-to-equity ratio of 0.00 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Himax Technologi's return on assets (ROA)?

Himax Technologi (HIMX) had a return on assets of 3.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Himax Technologi's Piotroski F-Score?

Himax Technologi (HIMX) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Himax Technologi's earnings high quality?

Himax Technologi (HIMX) has an earnings quality ratio of 3.09x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.