X Fab Silicon Foundries EV
PAR:XFAB
X Fab Silicon Foundries EV
X-FAB Silicon Foundries SE engages in the specialty foundry business for analog and mixed-signal semiconductor technologies. The company is headquartered in Tessenderlo, Limburg and currently employs 4,123 full-time employees. The company went IPO on 2017-04-06. The firm focuses on the design and manufacture of silicon wafers for mixed-signal integrated circuits (ICs). Its products are integrated with additional features, such as high voltage option, embedded non-volatile memory, optical, radio frequency (RF) and bipolar elements, as well as microelectromechanical sensors. The firm distributes silicon wafers for various applications, including automotive, industrial, medical, as well as consumer electronics and mobile communications sector. The firm operates in a number of countries, such as Germany, France, Malaysia and the United States.
X-FAB Silicon Foundries SE engages in the specialty foundry business for analog and mixed-signal semiconductor technologies. The company is headquartered in Tessenderlo, Limburg and currently employs 4,123 full-time employees. The company went IPO on 2017-04-06. The firm focuses on the design and manufacture of silicon wafers for mixed-signal integrated circuits (ICs). Its products are integrated with additional features, such as high voltage option, embedded non-volatile memory, optical, radio frequency (RF) and bipolar elements, as well as microelectromechanical sensors. The firm distributes silicon wafers for various applications, including automotive, industrial, medical, as well as consumer electronics and mobile communications sector. The firm operates in a number of countries, such as Germany, France, Malaysia and the United States.
Revenue Growth: X-FAB delivered full year 2025 revenue of $870 million, up 7% year-on-year and within the guided range.
Q4 Performance: Fourth quarter revenue was $222 million, up 18% year-on-year but down 3% quarter-on-quarter, also within guidance.
Margins Impacted: Q4 EBITDA margin was 19%, below guided range due to $9.3 million in one-off items related to SiC raw wafer costs and inventory reevaluation.
Automotive Weakness: Automotive revenue was soft, impacted by inventory corrections and slower electric vehicle momentum, while industrial and medical segments showed strong growth.
CapEx & Expansion: Major $1 billion capacity expansion program was completed, with new Malaysia facility ramping up and CapEx for 2026 projected at $100 million.
Outlook & Guidance: Q1 2026 revenue expected between $190 million and $200 million with EBITDA margin of 18% to 21%; no full-year 2026 guidance due to limited visibility.
Leadership Change: Damien Macq succeeding Rudi De Winter as CEO, with a focus on specialization, innovation, and operational execution.
