Himax Technologies Inc
NASDAQ:HIMX
Income Statement
Earnings Waterfall
Himax Technologies Inc
Revenue
|
945.4m
USD
|
Cost of Revenue
|
-681.9m
USD
|
Gross Profit
|
263.5m
USD
|
Operating Expenses
|
-220.3m
USD
|
Operating Income
|
43.2m
USD
|
Other Expenses
|
7.4m
USD
|
Net Income
|
50.6m
USD
|
Income Statement
Himax Technologies Inc
Sep-2013 | Dec-2013 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
766
N/A
|
771
+1%
|
584
-24%
|
614
+5%
|
841
+37%
|
825
-2%
|
798
-3%
|
741
-7%
|
692
-7%
|
693
+0%
|
725
+5%
|
778
+7%
|
803
+3%
|
778
-3%
|
728
-6%
|
707
-3%
|
685
-3%
|
693
+1%
|
723
+4%
|
714
-1%
|
724
+1%
|
724
+0%
|
712
-2%
|
688
-3%
|
672
-2%
|
693
+3%
|
711
+3%
|
786
+11%
|
887
+13%
|
1 012
+14%
|
1 190
+18%
|
1 371
+15%
|
1 547
+13%
|
1 651
+7%
|
1 598
-3%
|
1 391
-13%
|
1 201
-14%
|
1 033
-14%
|
955
-8%
|
980
+3%
|
945
-4%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(579)
|
(579)
|
(439)
|
(463)
|
(635)
|
(621)
|
(601)
|
(563)
|
(529)
|
(529)
|
(548)
|
(581)
|
(609)
|
(595)
|
(562)
|
(546)
|
(518)
|
(525)
|
(549)
|
(547)
|
(555)
|
(555)
|
(552)
|
(540)
|
(534)
|
(550)
|
(561)
|
(616)
|
(667)
|
(709)
|
(753)
|
(770)
|
(799)
|
(833)
|
(817)
|
(750)
|
(714)
|
(671)
|
(679)
|
(705)
|
(682)
|
|
Gross Profit |
187
N/A
|
192
+2%
|
145
-24%
|
151
+4%
|
206
+36%
|
204
-1%
|
197
-4%
|
178
-9%
|
163
-9%
|
164
+1%
|
177
+7%
|
196
+11%
|
194
-1%
|
183
-6%
|
167
-9%
|
161
-3%
|
167
+3%
|
168
+0%
|
173
+3%
|
167
-4%
|
169
+1%
|
169
+0%
|
160
-5%
|
148
-8%
|
138
-7%
|
143
+4%
|
149
+4%
|
171
+14%
|
221
+29%
|
303
+37%
|
438
+44%
|
601
+37%
|
749
+25%
|
818
+9%
|
781
-5%
|
641
-18%
|
487
-24%
|
362
-26%
|
277
-24%
|
275
-1%
|
263
-4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(110)
|
(115)
|
(92)
|
(100)
|
(133)
|
(135)
|
(137)
|
(134)
|
(132)
|
(134)
|
(133)
|
(135)
|
(134)
|
(137)
|
(143)
|
(150)
|
(159)
|
(163)
|
(168)
|
(164)
|
(166)
|
(165)
|
(162)
|
(159)
|
(156)
|
(152)
|
(151)
|
(156)
|
(163)
|
(164)
|
(166)
|
(190)
|
(204)
|
(215)
|
(228)
|
(232)
|
(230)
|
(229)
|
(230)
|
(221)
|
(220)
|
|
Selling, General & Administrative |
(34)
|
(36)
|
(30)
|
(33)
|
(41)
|
(42)
|
(42)
|
(39)
|
(38)
|
(38)
|
(38)
|
(39)
|
(39)
|
(40)
|
(40)
|
(40)
|
(41)
|
(42)
|
(44)
|
(43)
|
(43)
|
(43)
|
(42)
|
(42)
|
(41)
|
(41)
|
(40)
|
(40)
|
(41)
|
(41)
|
(42)
|
(48)
|
(52)
|
(54)
|
(56)
|
(56)
|
(54)
|
(53)
|
(53)
|
(50)
|
(49)
|
|
Research & Development |
(77)
|
(79)
|
(62)
|
(67)
|
(92)
|
(92)
|
(95)
|
(94)
|
(94)
|
(96)
|
(95)
|
(96)
|
(95)
|
(97)
|
(103)
|
(109)
|
(118)
|
(122)
|
(124)
|
(121)
|
(123)
|
(122)
|
(120)
|
(117)
|
(115)
|
(111)
|
(111)
|
(115)
|
(122)
|
(123)
|
(124)
|
(142)
|
(151)
|
(160)
|
(172)
|
(176)
|
(176)
|
(175)
|
(177)
|
(170)
|
(171)
|
|
Operating Income |
77
N/A
|
77
+0%
|
53
-31%
|
51
-4%
|
73
+43%
|
69
-5%
|
60
-13%
|
44
-26%
|
31
-31%
|
31
0%
|
44
+42%
|
62
+41%
|
60
-2%
|
47
-23%
|
24
-49%
|
12
-50%
|
8
-29%
|
4
-50%
|
6
+33%
|
3
-39%
|
3
N/A
|
5
+32%
|
(2)
N/A
|
(10)
-544%
|
(18)
-78%
|
(9)
+50%
|
(2)
+80%
|
15
N/A
|
58
+281%
|
139
+140%
|
271
+95%
|
410
+51%
|
545
+33%
|
604
+11%
|
553
-8%
|
409
-26%
|
258
-37%
|
133
-48%
|
47
-65%
|
54
+15%
|
43
-20%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
1
|
1
|
11
|
11
|
13
|
13
|
3
|
4
|
2
|
2
|
1
|
0
|
0
|
(0)
|
(2)
|
(1)
|
22
|
22
|
22
|
21
|
2
|
3
|
3
|
4
|
2
|
2
|
1
|
1
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
2
|
5
|
7
|
8
|
5
|
4
|
3
|
3
|
|
Non-Reccuring Items |
(4)
|
(3)
|
(1)
|
(0)
|
(0)
|
0
|
(1)
|
0
|
0
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(2)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
0
|
(1)
|
0
|
0
|
(2)
|
|
Total Other Income |
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
11
|
11
|
11
|
11
|
0
|
|
Pre-Tax Income |
73
N/A
|
75
+3%
|
64
-15%
|
62
-3%
|
86
+38%
|
82
-4%
|
63
-23%
|
48
-23%
|
33
-32%
|
32
-2%
|
45
+39%
|
61
+37%
|
59
-3%
|
45
-24%
|
22
-53%
|
10
-52%
|
30
+189%
|
25
-16%
|
28
+11%
|
25
-13%
|
7
-72%
|
8
+14%
|
0
-95%
|
(8)
N/A
|
(16)
-108%
|
(9)
+46%
|
(1)
+85%
|
16
N/A
|
57
+260%
|
138
+142%
|
270
+96%
|
409
+52%
|
545
+33%
|
605
+11%
|
558
-8%
|
416
-26%
|
277
-33%
|
149
-46%
|
62
-58%
|
68
+10%
|
44
-35%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(18)
|
(19)
|
(15)
|
(14)
|
(22)
|
(22)
|
(18)
|
(17)
|
(11)
|
(10)
|
(11)
|
(11)
|
(11)
|
(9)
|
(5)
|
(4)
|
(5)
|
(4)
|
(4)
|
(4)
|
(2)
|
(3)
|
(3)
|
(3)
|
(0)
|
(2)
|
(2)
|
(3)
|
(12)
|
(29)
|
(54)
|
(83)
|
(111)
|
(122)
|
(113)
|
(81)
|
(41)
|
(14)
|
4
|
(0)
|
5
|
|
Income from Continuing Operations |
56
|
56
|
49
|
48
|
64
|
60
|
44
|
31
|
22
|
23
|
34
|
51
|
49
|
37
|
17
|
6
|
26
|
22
|
24
|
21
|
5
|
5
|
(2)
|
(10)
|
(16)
|
(10)
|
(4)
|
12
|
45
|
109
|
216
|
326
|
434
|
483
|
445
|
335
|
236
|
135
|
65
|
68
|
49
|
|
Income to Minority Interest |
5
|
6
|
4
|
3
|
3
|
3
|
4
|
3
|
4
|
3
|
3
|
2
|
2
|
2
|
2
|
3
|
2
|
2
|
3
|
3
|
3
|
3
|
3
|
3
|
3
|
2
|
2
|
2
|
2
|
2
|
2
|
3
|
3
|
3
|
3
|
2
|
2
|
1
|
1
|
1
|
1
|
|
Net Income (Common) |
61
N/A
|
62
+2%
|
52
-15%
|
51
-2%
|
67
+31%
|
63
-5%
|
48
-24%
|
35
-28%
|
25
-27%
|
26
+2%
|
37
+43%
|
53
+43%
|
51
-3%
|
39
-23%
|
19
-53%
|
9
-54%
|
28
+226%
|
24
-15%
|
26
+11%
|
24
-10%
|
9
-64%
|
9
+6%
|
2
-79%
|
(6)
N/A
|
(14)
-119%
|
(8)
+40%
|
(2)
+81%
|
14
N/A
|
47
+232%
|
111
+135%
|
218
+97%
|
329
+50%
|
437
+33%
|
486
+11%
|
448
-8%
|
337
-25%
|
237
-30%
|
136
-43%
|
66
-51%
|
69
+4%
|
51
-27%
|
|
EPS (Diluted) |
0.18
N/A
|
0.19
+6%
|
0.16
-16%
|
0.15
-6%
|
0.19
+27%
|
0.19
N/A
|
0.15
-21%
|
0.11
-27%
|
0.07
-36%
|
0.08
+14%
|
0.11
+38%
|
0.16
+45%
|
0.15
-6%
|
0.11
-27%
|
0.05
-55%
|
0.02
-60%
|
0.08
+300%
|
0.07
-13%
|
0.08
+14%
|
0.07
-13%
|
0.02
-71%
|
0.02
N/A
|
0
N/A
|
-0.02
N/A
|
-0.04
-100%
|
-0.02
+50%
|
-0.01
+50%
|
0.03
N/A
|
0.14
+367%
|
0.31
+121%
|
0.62
+100%
|
0.94
+52%
|
1.25
+33%
|
1.39
+11%
|
1.28
-8%
|
0.96
-25%
|
0.68
-29%
|
0.38
-44%
|
0.18
-53%
|
0.19
+6%
|
0.14
-26%
|