Elmos Semiconductor SE Reports Robust Q1 Performance and Raises 2026 Forecast

Elmos Semiconductor SE has begun 2026 with strong financial results, prompting the company to revise its annual guidance upwards. In Q1, sales increased by 20.2% year-on-year to 152.5 million Euro. The EBIT margin improved to 23.8%, with an adjusted free cash flow reaching 26.7% of sales. These results exceed those of Q1 2025, reflecting the successful implementation of cost optimization programs and increased customer demand in the automotive semiconductor market.

The company's capital expenditures were notably low, amounting to only 1.8% of sales, which significantly boosted free cash flow. Despite geopolitical uncertainties and potential supply constraints, Elmos anticipates continued growth, with an expected sales increase of 12% ± 2 percentage points for 2026. The EBIT margin is projected at 23% to 26% of sales. The company remains optimistic about future opportunities driven by their advanced semiconductor solutions.