MagnaChip reported Q4 FY2025 revenue from continuing operations of USD 40.6 million, with consolidated gross margin of 9.3%. The company posted a Q4 operating loss of USD 12.4 million and a loss from continuing operations of USD 8.8 million, or a basic and diluted loss per share of USD 0.24. For FY2025, revenue from continuing operations was USD 178.9 million and consolidated gross margin was 17.6%, with an operating loss of USD 35.9 million and a loss from continuing operations of USD 14.2 million, or a basic and diluted loss per share of USD 0.39. Cash and cash equivalents were USD 103.8 million at December 31, 2025. In business updates, product revenue from the Communications business grew 24% sequentially and 68% year-over-year in Q4. MagnaChip launched 24 new-generation products in Q4 and 55 in FY2025, signed a strategic agreement with Hyundai Mobis to expand its industrial business based on jointly developed IGBT technology, and executed cost-reduction programs including a headcount reduction expected to generate more than USD 2 million in annualized savings beginning in Q4 FY2025. The company also said it spent USD 21.4 million in FY2025 on its Gumi fab upgrade, including USD 17.0 million funded through equipment financing loans. For Q1 FY2026, MagnaChip guided for revenue of USD 44.0 million to USD 48.0 million and gross margin of 14% to 16%.
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