Hong Kong · Delayed Price · Currency is HKD FIT Hon Teng Earnings Call Transcripts
Fiscal Year 2026
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Q2 2026 saw 8% revenue growth and 9.6% higher gross profit, led by strong AI demand and cloud data center expansion. Operating profit rose 40.7% year-over-year, with a positive full-year outlook and a projected 70% increase in operating profit, despite cost headwinds and supply constraints.
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Q1 FY2026 saw 8.6% revenue growth and strong AI-driven expansion, with cloud data center revenue up 58% and AI server-related revenue more than doubling. Despite headwinds in consumer and automotive segments, full-year guidance is maintained, with robust AI momentum expected.
Fiscal Year 2025
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Record 2025 revenue of $5B was driven by AI and mobility, with gross profit up 7.6% and net income rising 1.7%. 2026 guidance calls for double-digit revenue growth, a 70%-90% jump in operating profit, and strong expansion in cloud and auto mobility segments.
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Q3 revenue rose 13% year-on-year to $1.3B, led by AI and cloud data center growth, with gross margin at a record 23.5%. Full-year guidance remains strong, with cloud and auto mobility segments driving future gains despite smartphone headwinds.
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Revenue grew 9% year-on-year in Q2 to $1.2B, driven by AI and auto mobility, but gross margin narrowed to 17.8% due to FX and product mix. Full-year guidance was lowered amid macro headwinds, with cloud and auto mobility segments remaining growth drivers.