Magnachip Semiconductor — Third Quarter 2026 Earnings Summary

Magnachip Semiconductor reported third-quarter 2026 consolidated revenue of $44.0 million, which fell within its guidance range, while gross profit margin declined to 14.0% due to unfavorable foreign exchange movements. The company announced a $5 million strategic equity investment from Navitas Semiconductor and launched 15 new sixth-generation E6 Super-Junction MOSFETs to expand its product portfolio. For the fourth quarter, Magnachip forecasts revenue between $41.0 million and $45.0 million with a gross margin range of 10% to 12%, citing lower fab utilization from a substation upgrade and currency appreciation as key headwinds. The company ended the quarter with approximately $87 million in cash and continues to execute its roadmap to transition toward differentiated power semiconductor solutions.