Infineon Technologies AG has announced its financial results for the fourth quarter and full fiscal year 2025, which ended on 30 September 2025. Despite macroeconomic headwinds and ongoing geopolitical uncertainty, the company delivered solid results, demonstrating the resilience of its diversified business model.
Q4 FY 2025 Highlights
- Revenue: €3.943 billion
- Segment Result: €717 million
- Segment Result Margin: 18.2%
Full-Year FY 2025 Highlights
- Revenue: €14.662 billion, down 2% compared to the previous year
- Segment Result: €2.560 billion
- Segment Result Margin: 17.5%
- Adjusted earnings per share: €1.39
- Negative Free Cash Flow of €1.051 billion, due to the acquisition of Marvell’s Automotive Ethernet business
- Adjusted Free Cash Flow (excluding strategic investments): €1.803 billion
CEO Commentary
“Infineon has met expectations in the 2025 fiscal year despite challenging macroeconomic and geopolitical conditions. Our results underline the resilience of our business model,” said Jochen Hanebeck, CEO of Infineon Technologies AG. “In the 2026 fiscal year, we are expecting moderate growth in a still mixed market environment. While momentum in automotive, industrial, and consumer markets remains modest, we are seeing rapid global investment in AI infrastructure, and we anticipate significant growth in demand for our power supply solutions for AI data centers.”
Outlook for FY 2026
Based on an assumed exchange rate of US$1.15 to the euro, Infineon projects:
- Q1 FY 2026 Revenue: Approximately €3.6 billion
- Q1 Segment Result Margin: Forecast in the mid-to-high teens percentage range
- Full-Year FY 2026 Revenue: Moderate growth expected, despite currency headwinds
- Adjusted Gross Margin: Low-forties percentage range
- Segment Result Margin: High-teens percentage range
- Planned Investments: Approximately €2.2 billion
- Free Cash Flow: Expected at around €1.1 billion
- Adjusted Free Cash Flow (excluding frontend building investments): Estimated at €1.6 billion
Infineon is significantly increasing its AI data center revenue target for fiscal year 2026 to around €1.5 billion, with a long-term market opportunity projected to reach between €8 billion and €12 billion by the end of the decade.
“Our success in the AI infrastructure market will depend on our innovation, speed of development, manufacturing capabilities, and close customer relationships,” Hanebeck added. “These strengths position us well to capture opportunities in this high-growth segment.”
Infineon continues to focus on technology leadership in power semiconductors, automotive solutions, and industrial applications as it navigates a complex but opportunity-rich global market environment.
Original – Infineon Technologies