Amkor Technology (AMKR) Stock: Q3 Revenue Hits $1.99 Billion as Margins Expand

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TLDRAmkor Q3 revenue reaches $1.99 billion as gross margin expands to 18.3% in 2026.AMKR shares fall 6.34% in regular trading before gaining 3.23% after hours.Amkor’s Q3 net income rises to $191 million, with EPS increasing to $0.76 per share.Computing and automotive revenue set records despite softer communications demand.Amkor forecasts up to $2 billion in Q4 sales and $2.5 billion in annual capex.Amkor Technology (AMKR) reported third-quarter revenue of $1.99 billion as stronger margins supported higher earnings across its semiconductor business. The stock fell 6.34% to $36.81 during regular trading before rebounding 3.23% to $38.00 in after-hours trading. Record computing and automotive revenue supported quarterly results despite weaker communications demand.Amkor Technology, Inc., AMKRAmkor Technology Reports Higher Revenue and Operating MarginsAmkor generated $1.991 billion in net sales, compared with $1.898 billion in the second quarter. Revenue also exceeded the $1.987 billion recorded during the corresponding quarter of 2025. The modest annual increase accompanied stronger gains in operating profitability.Gross profit reached $364 million, while gross margin improved to 18.3% from 16.8% in the previous quarter. The company reported a 14.3% gross margin one year earlier, marking a four-percentage-point improvement. This expansion reflected stronger profitability despite relatively flat annual revenue.Operating income climbed to $225 million from $200 million in the preceding quarter and $159 million last year. Meanwhile, operating margin increased to 11.3%, compared with 10.5% sequentially and 8.0% annually. These results reflected improved earnings across Amkor’s semiconductor packaging and testing operations.Amkor Net Income Climbs as Computing Demand StrengthensNet income attributable to Amkor reached $191 million, compared with $174 million during the previous quarter. The company earned $127 million during the third quarter of 2025. Diluted earnings increased to $0.76 per share from $0.70 sequentially and $0.51 annually.EBITDA climbed to $435 million from $400 million in the second quarter. The figure also exceeded the $340 million reported during the corresponding period last year. Amkor attributed its performance to stronger customer programs, improved margins, and expanding business commitments.Computing and Automotive & Industrial operations delivered record revenue during the reporting period. However, the Communications segment experienced expected weakness, limiting overall sales growth. Stronger customer commitments also improved demand visibility and supported the company’s investment planning.Amkor Sets Fourth Quarter Outlook and Capital Spending PlansAmkor expects fourth-quarter revenue between $1.9 billion and $2.0 billion. The company projects gross margins between 18.0% and 19.0% during the period. This outlook indicates continued margin strength heading into the final quarter of 2026.Management forecasts fourth-quarter net income between $160 million and $185 million. The range translates into diluted earnings of $0.65 to $0.75 per share. Amkor also updated its full-year capital expenditure forecast to approximately $2.5 billion.At September’s end, Amkor held $2.4 billion in cash and short-term investments against $2.5 billion in debt. The company repurchased approximately $32 million in shares during the third quarter. It also paid a quarterly dividend of $0.08352 per share on September 22, with future payments requiring board approval. The post Amkor Technology (AMKR) Stock: Q3 Revenue Hits $1.99 Billion as Margins Expand appeared first on Blockonomi.