Himax Technologi Financials

HIMX

FY2025 annual

Revenue $945.4M YoY not available

Net Income $49.4M YoY not available

EPS (Diluted) Not reported for FY2025

Free Cash Flow $129.5M YoY not available

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Mar 27, 2026 Reported Mar 27, 2026 Currency USD FYE March

Himax Technologi (HIMX) reported $945.4M in revenue for fiscal year 2025. This page shows its 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 2026-08-30

Himax's FY2025 profile is defined by strong cash conversion, light reinvestment, and a narrower short-term liquidity cushion.

Net income of $49.4M translated into operating cash flow of $152.8M, or 3.1x earnings, indicating that reported profit understated cash generation. Free cash flow reached $129.5M after just $23.4M of capital expenditures, so the latest cash result depended more on conversion than heavy asset reinvestment.

Assets expanded from $802M in FY2017 to $1.6B in FY2025, while reported debt-to-equity moved near zero. That balance-sheet growth was not primarily debt-funded, but short-term flexibility is thinner, with a 1.7x current ratio and $706.6M of current liabilities.

FY2017's free cash flow was -$10.4M, versus $129.5M in FY2025, showing that investment intensity and other cash-flow movements can dominate the cash result across cycles. The latest surplus therefore describes current cash conversion rather than a consistently smooth earnings pattern.

Financial Health Signals

Financial health score not available

Himax Technologi does not currently provide enough eligible data for a peer-relative financial health score, so none is published. 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

5Y CAGR+4.2%

Himax Technologi generated $945.4M in revenue in fiscal year 2025.

Net Income

$49.4M

5Y CAGR-4.3%

Himax Technologi reported $49.4M in net income in fiscal year 2025.

EBITDA

Not reported for fiscal year 2025.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

$129.5M

5Y CAGR+31.7%

Himax Technologi generated $129.5M in free cash flow in fiscal year 2025, representing cash available after capex.

Cash & Debt

$218.1M

5Y CAGR+11.4%

Himax Technologi held $218.1M in cash against $3.5M in long-term debt as of fiscal year 2025, with $706.6M of liabilities due within a year.

Shares Outstanding

349M

5Y CAGR+0.5%

Himax Technologi had 349M shares outstanding in fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Margins & Returns

Net Margin

5.2%

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.

Return on Equity

5.5%

5Y CAGR-8.2pp

Himax Technologi's ROE was 5.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity.

Gross Margin

Not reported for fiscal year 2025.

Operating Margin

Not reported for fiscal year 2025.

Capital Allocation

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

5Y CAGR+4.9%

Himax Technologi invested $23.4M in capex in fiscal year 2025, funding long-term assets and infrastructure.

R&D Spending

Not reported for fiscal year 2025.

HIMX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HIMX quarterly income statement

Metric	FY25	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Revenue	$945.4M	$685.2M-14.7%	$802.9M+16.1%	$691.8M-17.7%	$840.5M+9.1%	$770.7M+4.5%	$737.3M+16.5%	$633.0M-1.5%	$642.7M-7.2%	$692.4M
Cost of Revenue	N/A	$518.1M-14.9%	$608.6M+15.1%	$528.7M-16.7%	$634.7M+9.6%	$578.9M+2.2%	$566.7M+11.7%	$507.4M0.0%	$507.6M-7.8%	$550.6M
Gross Profit	N/A	$167.0M-14.0%	$194.3M+19.1%	$163.1M-20.8%	$205.9M+7.3%	$191.9M+12.5%	$170.6M+35.8%	$125.6M-7.0%	$135.0M-4.8%	$141.8M
R&D Expenses	N/A	$117.8M+22.9%	$95.8M+1.5%	$94.4M+2.8%	$91.8M+14.3%	$80.4M+13.3%	$70.9M-10.3%	$79.0M+3.4%	$76.4M+7.1%	$71.4M
SG&A Expenses	N/A	$20.6M+2.5%	$20.1M+8.9%	$18.5M-8.5%	$20.2M+11.3%	$18.1M+5.9%	$17.1M+0.3%	$17.1M-8.9%	$18.8M+14.8%	$16.3M
Operating Income	N/A	$8.2M-86.2%	$59.2M+93.1%	$30.7M-57.8%	$72.7M-2.2%	$74.3M+10.9%	$67.1M+303.8%	$16.6M-53.0%	$35.4M-18.8%	$43.5M
Interest Expense	N/A	$565K-10.7%	$633K+23.2%	$514K-0.8%	$518K+29.2%	$401K+13.9%	$352K-22.6%	$455K+150.0%	$182K+5966.7%	$3K
Income Tax	-$5.0M	$4.5M-57.6%	$10.7M-6.4%	$11.4M-47.2%	$21.6M+10.9%	$19.5M+23.7%	$15.7M+115.7%	$7.3M+17.2%	$6.2M-21.3%	$7.9M
Net Income	$49.4M	$28.0M-45.1%	$50.9M+102.1%	$25.2M-62.2%	$66.6M+8.3%	$61.5M+19.1%	$51.6M+381.9%	$10.7M-67.8%	$33.2M-16.3%	$39.6M
EPS (Diluted)	N/A	$0.08-46.7%	$0.15+114.3%	$0.07-63.2%	$0.19+5.6%	$0.18+20.0%	$0.15+400.0%	$0.03-66.7%	$0.09-18.2%	$0.11

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).

HIMX Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HIMX quarterly balance sheet

Metric	FY25	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Total Assets	$1.6B	$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	N/A
Current Assets	$1.2B	$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	N/A
Cash & Equivalents	$218.1M	$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-12.7%	$110.9M
Inventory	$158.7M	$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	N/A
Accounts Receivable	N/A	$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	N/A
Goodwill	$28.1M	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M0.0%	$28.1M+4.8%	$26.8M0.0%	$26.8M	N/A
Total Liabilities	$743.2M	$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	N/A
Current Liabilities	$706.6M	$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	N/A
Long-Term Debt	$3.5M	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$896.3M	$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-4.3%	$424.1M
Retained Earnings	$664.6M	N/A	N/A	N/A	N/A	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
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

Not reported in any period shown, so not listed: Long-Term Debt, Retained Earnings.

HIMX Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

HIMX quarterly cash flow statement

Metric	FY25	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Operating Cash Flow	$152.8M	$29.4M-65.3%	$84.7M+275.8%	$22.5M-76.0%	$93.7M+83.3%	$51.1M-2.0%	$52.2M+20.1%	$43.4M-24.6%	$57.6M-21.7%	$73.6M
Capital Expenditures	$23.4M	$39.8M+403.9%	$7.9M-20.8%	$10.0M-8.7%	$10.9M-40.6%	$18.4M+180.7%	$6.6M-65.2%	$18.9M+163.0%	$7.2M-32.3%	$10.6M
Free Cash Flow	$129.5M	-$10.4M-113.6%	$76.8M+511.9%	$12.5M-84.8%	$82.8M+153.1%	$32.7M-28.3%	$45.6M+85.5%	$24.6M-51.3%	$50.5M-20.0%	$63.0M
Investing Cash Flow	-$88.9M	-$35.1M-392.3%	-$7.1M+74.9%	-$28.3M	N/A	-$30.5M-4292.1%	-$695K+93.2%	-$10.2M+42.1%	-$17.6M-133.4%	-$7.5M
Financing Cash Flow	-$93.6M	-$41.2M-81.4%	-$22.7M+54.2%	-$49.6M	N/A	-$32.1M-69.6%	-$18.9M+21.2%	-$24.0M+55.7%	-$54.2M+40.3%	-$90.8M
Dividends Paid	$83.7M	$41.3M+84.7%	$22.3M-56.5%	$51.4M+11.6%	$46.0M+8.6%	$42.4M+296.9%	$10.7M-49.7%	$21.2M-51.9%	$44.1M-20.5%	$55.5M
Share Buybacks	$832K	N/A	N/A	N/A	N/A	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

Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

HIMX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

HIMX quarterly financial ratios

Metric	FY25	FY17	FY16	FY15	FY14	FY13	FY12	FY11	FY10	FY09
Gross Margin	N/A	24.4%+0.2pp	24.2%+0.6pp	23.6%-0.9pp	24.5%-0.4pp	24.9%+1.8pp	23.1%+3.3pp	19.8%-1.2pp	21.0%+0.5pp	20.5%
Operating Margin	N/A	1.2%-6.2pp	7.4%+3.0pp	4.4%-4.2pp	8.6%-1.0pp	9.7%+0.6pp	9.1%+6.5pp	2.6%-2.9pp	5.5%-0.8pp	6.3%
Net Margin	5.2%	4.1%-2.3pp	6.3%+2.7pp	3.6%-4.3pp	7.9%-0.1pp	8.0%+1.0pp	7.0%+5.3pp	1.7%-3.5pp	5.2%-0.6pp	5.7%
Return on Equity	5.5%	6.1%-4.8pp	10.9%+5.1pp	5.7%-8.3pp	14.1%+0.4pp	13.7%+1.6pp	12.1%+9.3pp	2.7%-5.5pp	8.2%-1.2pp	9.3%
Return on Assets	3.0%	3.5%-2.9pp	6.4%+3.2pp	3.1%-4.9pp	8.0%-0.1pp	8.1%+0.5pp	7.6%+6.0pp	1.7%-3.7pp	5.4%	N/A
Current Ratio	1.65	1.96-0.2x	2.16+0.2x	1.98-0.1x	2.05-0.1x	2.11-0.2x	2.34+0.2x	2.10-0.3x	2.36	N/A
Debt-to-Equity	0.00	0.75+0.1x	0.70-0.1x	0.81+0.1x	0.76+0.1x	0.68+0.1x	0.58-0.1x	0.64+0.1x	0.52	N/A
FCF Margin	13.7%	-1.5%-11.1pp	9.6%+7.8pp	1.8%-8.0pp	9.8%+5.6pp	4.2%-1.9pp	6.2%+2.3pp	3.9%-4.0pp	7.8%-1.2pp	9.1%

Metric	Q3'18	Q3'17	Q3'16	Q3'15	Q3'14	Q3'13	Q3'12	Q3'11
Current Ratio	1.96-0.2x	2.16+0.2x	1.98-0.1x	2.05-0.1x	2.11-0.2x	2.34+0.2x	2.10-0.3x	2.36
Debt-to-Equity	0.75+0.1x	0.70-0.1x	0.81+0.1x	0.76+0.1x	0.68+0.1x	0.58-0.1x	0.64+0.1x	0.52

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, FCF Margin.

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Where Himax Technologi Ranks

Frequently Asked Questions

What is Himax Technologi's annual revenue?

Himax Technologi (HIMX) reported $945.4M in total revenue for fiscal year 2025. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

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. 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.