Welcome to our dedicated page for MAGNACHIP SEMICONDUCTOR SEC filings (Ticker: MX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Magnachip Semiconductor filings document the reporting and governance records of a Delaware company with common stock listed on the New York Stock Exchange under MX. Its 8-K reports furnish quarterly and annual financial information for continuing operations, including Power Analog Solutions and Power IC, and include exhibits describing product launches and operating highlights in power semiconductors.
The filing record also covers proxy and governance matters, including executive compensation, pay-versus-performance disclosures, board and committee changes, director compensation arrangements, and executive service or separation agreements involving the company and its Korean operating subsidiary, Magnachip Semiconductor, Ltd. These disclosures connect capital-structure, leadership and compensation matters to the company’s semiconductor operating business.
Magnachip Semiconductor Corporation has called a virtual annual stockholders meeting for June 11, 2026, at 8:00 p.m. Eastern, with shareholders of record on April 21, 2026 entitled to vote. The meeting will be held via webcast at www.virtualshareholdermeeting.com/MX2026.
Stockholders will vote on four key items: electing four directors, an advisory "say-on-pay" vote on executive compensation, ratifying Ernst & Young Han Young as independent auditor for 2026, and approving an Amended and Restated 2020 Equity and Incentive Compensation Plan. The proxy also details board structure, committee membership, director pay, human capital practices, and the company’s sustainability and greenhouse gas reduction initiatives.
Magnachip Semiconductor reported Q1 2026 net sales of $46.2 million from continuing operations, near the midpoint of guidance and up 3.3% year over year and 13.9% sequentially. Growth was driven by both Power Analog Solutions and Power IC, with PAS revenue at $41.6 million and PIC at $4.6 million.
Gross margin from continuing operations was 15.6%, above the midpoint of guidance and improving from 9.3% in Q4 2025, though below 20.9% a year ago. Operating loss narrowed to $7.2 million from $12.4 million in the prior quarter, while loss from continuing operations was $4.7 million, resulting in a basic and diluted loss per share of $(0.13).
Magnachip ended the quarter with cash and cash equivalents of $94.6 million. For Q2 2026, the company guides revenue to $44.5–$48.5 million, roughly flat sequentially, and expects gross margin between 17% and 19%. Management highlighted ongoing product launches, including 8th-generation MOSFETs, as part of a multi-year transformation strategy.
Magnachip Semiconductor reports an amendment to a Schedule 13G disclosing that Toro 18 Holdings LLC beneficially owned 1,500,135 shares of common stock as of the close of business on March 20, 2026. That stake represented approximately 4.1% of the class based on 36,440,854 shares outstanding as of March 13, 2026.
The filing states that Immersion Corporation (the sole member of Toro 18), William C. Martin (Chief Strategy Officer of Toro 18) and Eric Singer (President and CEO of Toro 18) may be deemed to beneficially own the same 1,500,135 shares through shared voting and dispositive power. Each of the Reporting Persons disclaims beneficial ownership of shares held by another Reporting Person.
Magnachip Semiconductor director Nathan E. Gilbert reported an open-market purchase of 21,994 shares of Common Stock on behalf of GT Investments II Corp at $2.8667 per share. After this buy, GT Investments II Corp holds 158,200 shares indirectly, while Gilbert also holds 214,491 shares directly and additional smaller indirect positions through his spouse and children.
Magnachip Semiconductor Corporation reported 2025 revenue of $178.9 million from its power semiconductor business and a net loss of $29.7 million, with an operating loss of $35.9 million and negative Adjusted EBITDA of $15.6 million from continuing operations.
The company has exited its Display business and completed liquidation of its Magnachip Mixed-Signal subsidiary on October 29, 2025, becoming a pure-play power semiconductor provider focused on Power Analog Solutions and Power IC products. Power Analog Solutions contributed 89.7% of 2025 revenue and Power IC 10.3%.
Magnachip serves global electronics, automotive and industrial markets but faces risks from semiconductor cyclicality, customer concentration, currency fluctuations, manufacturing scale limits, labor unions in Korea and evolving environmental and safety regulations. As of March 13, 2026, it had 36,440,854 common shares outstanding and non‑affiliate equity market value of $139,249,768.
MAGNACHIP SEMICONDUCTOR Corp director Nathan Gilbert E reported open-market purchases of Common Stock through an affiliated entity. GT Investments II Corp bought 25,000 shares on 2026-03-12 at $2.7470 per share and 13,006 shares on 2026-03-13 at $2.7871 per share.
After these transactions, GT Investments II Corp held 136,206 shares. The filing also shows 214,491 shares held directly, and additional indirect holdings of 1,905 shares by spouse and 1,690, 1,675 and 1,860 shares held by children.
Magnachip Semiconductor reported weaker results for Q4 and full-year 2025 as demand and margins softened in its Power Solutions business. Q4 2025 revenue from continuing operations was $40.6 million, down 11.7% sequentially and 20.7% year-over-year, with consolidated gross margin falling to 9.3% from 21.7% a year earlier.
The company posted a Q4 operating loss of $12.4 million and a loss from continuing operations of $8.8 million, or $0.24 per share. For 2025, revenue declined to $178.9 million, while operating loss widened to $35.9 million. Management highlighted 55 new products launched, cost reduction actions, and a strategic IGBT agreement, and guided Q1 2026 revenue to $44–48 million with gross margin of 14–16%.
Magnachip Semiconductor Corp director Nathan Gilbert E reported receiving a grant of 1,478 shares of common stock on February 15, 2026 at a price of $0.00 per share, described as a grant, award, or other acquisition. After this award, he directly holds 214,491 common shares.
The filing also reports indirect beneficial ownership of Magnachip common stock through related parties, including 98,200 shares by GT Investments II Corp, and additional smaller holdings reported as owned by his spouse and children.
Chung Kyo-Hwa Liz reported acquisition or exercise transactions in a Form 4 filing for MX. The filing lists transactions totaling 2,946 shares. Following the reported transactions, holdings were 100,789 shares.
Magnachip Semiconductor director Cristiano Amoruso reported an equity grant. On February 15, 2026, he acquired 28,628 shares of common stock in a grant, at a reported price of $0 per share. After this transaction, he directly holds 28,628 shares and indirectly holds 3,072,779 shares through Byreforge LLC.