Abstract
Amkor Technology will report fourth-quarter results on February 09, 2026 Post Market, with investors watching revenue, margins, and adjusted EPS trends as management guides for the first quarter and demand visibility across advanced packaging.Market Forecast
Consensus for the current quarter points to revenue of USD 1.84 billion, adjusted EPS of USD 0.44, and EBIT of USD 145.69 million, with year-over-year growth of 10.61%, 16.39%, and 21.30%, respectively; margin commentary suggests focus on gross profit margin and net profit margin trends versus the prior quarter. The company’s main business centers on advanced products packaging, with expectations for steady demand into mobile and high-performance compute; the most promising segment is advanced products with projected momentum from flagship smartphone cycles and computing, contributing the bulk of quarterly revenue.Last Quarter Review
The previous quarter delivered revenue of USD 1.99 billion, gross profit margin of 14.32%, GAAP net profit attributable to the parent company of USD 127.00 million, net profit margin of 6.37%, and adjusted EPS of USD 0.51, with year-over-year growth of 6.74% for revenue and 4.08% for EPS. A key highlight was quarter-on-quarter net profit growth of 132.63% amid stabilizing utilization and improved mix. Main business contributions were led by advanced products at USD 1.68 billion and mainstream products at USD 0.30 billion.Current Quarter Outlook
Main Business: Advanced Products Packaging
Advanced products packaging remains the central driver of Amkor Technology’s topline, supported by seasonal strength in flagship smartphones and ongoing content gains in application processors, memory, and advanced RF modules. The prior quarter’s breakdown shows advanced products contributing USD 1.68 billion, reflecting the company’s concentration in high-value packaging solutions like system-in-package (SiP), flip-chip, and wafer-level packaging. For the current quarter, forecasts imply continued resilience led by leading handset launches late last year that carry into early this year, and initial orders related to high-performance compute. The margin profile in advanced packaging tends to be more favorable than mainstream, and management’s focus is likely on maintaining utilization rates and optimizing product mix to support gross profit margin stability or slight expansion despite typical post-holiday seasonality.The revenue guidance aligns with the broader demand stabilization in mobile and computing, where content per device rises even if unit volumes remain uneven. Amkor Technology has been leaning into capacity allocation for premium platforms, which supports the EBIT growth forecast of USD 145.69 million. Pricing discipline, improved yields, and a richer mix can sustain net profit margin in the mid-single-digit range, although the sequential step-down from peak season could pressure gross margin temporarily; year-over-year comparisons are positioned to improve given last year’s trough conditions. Operating efficiency initiatives, including backend automation and tighter inventory control, should mitigate seasonal volume impacts.
Most Promising Segment: Advanced Products
Advanced products encompass high-complexity packaging for mobile application processors, RF front-end modules, camera, and compute chips where Amkor Technology’s engineering depth and scale provide leverage. The last quarter’s revenue for advanced products reached USD 1.68 billion, and the current quarter’s revenue forecast of USD 1.84 billion indicates advanced products will again dominate the mix, with year-over-year growth projected at 10.61%. The backdrop includes sustained silicon content growth per device, adoption of chiplet and heterogeneous integration in compute, and increased demand for compact, power-efficient modules in premium smartphones.This segment’s upside stems from flagship device cycles from major OEMs and increased adoption of wafer-level and flip-chip packaging in 5G and AI-enabled features. The EBIT growth forecast of 21.30% underscores expectations for operational leverage from higher-value programs. Risks for this segment revolve around seasonal demand normalization after holiday peaks, product transition timing, and customer inventory digestion; however, year-over-year comparisons are favorable due to last year’s softer demand environment. Successful ramp execution and tight cycle-time management will be pivotal to support margins and maintain on-time delivery for key customers.
Stock Price Drivers This Quarter
Near-term stock performance will hinge on whether Amkor Technology can meet or modestly exceed its revenue and EPS forecasts, and on management’s qualitative guidance for the next quarter. Investors will parse signals on gross profit margin trajectory after the 14.32% level last quarter to evaluate if mix and utilization can offset seasonal headwinds. Commentary on net profit margin sustainability around the 6.37% level will be assessed against planned capital expenditures, pricing, and input costs.Order visibility from smartphone OEMs for post-holiday replenishment and from computing customers for AI-related programs will also matter. Any indications of stronger-than-expected wafer-level and SiP demand could support a positive rerating, especially if backed by tangible backlog or booking strength. Conversely, signs of inventory digestion extending across mobile or delays in new compute ramps could weigh on sentiment. Investors will also watch the cadence of new program wins and capacity alignment across Korea, Taiwan, and ASEAN facilities for operational resilience.
Analyst Opinions
Across recent institutional commentary, the majority view is cautiously positive, emphasizing improving year-over-year growth, margin stabilization, and execution benefits from the advanced packaging mix. Analysts highlight that revenue of USD 1.84 billion and EPS of USD 0.44 would mark a meaningful inflection from last year’s levels, reflecting healthier handset content and improving compute demand. The bullish camp points to EBIT growth of 21.30% as a sign of operating leverage, with focus on utilization efficiency and product mix improvements that can sustain mid-teens gross profit margins.Well-followed research desks note that the last quarter’s outperformance versus estimates on revenue and EPS strengthens confidence in guidance credibility. Positive views also reference the strong contribution of advanced products at USD 1.68 billion last quarter, indicating a durable mix that can support margins even through seasonal transitions. The constructive stance is balanced by watchfulness on post-peak volume normalization; however, most expect year-over-year trends to improve through the first half of the year, supported by content growth and initial AI-related packaging demand in compute.
Overall, the majority of institutions adopt a cautiously positive perspective, expecting Amkor Technology to deliver in-line to modestly above guidance on revenue and EPS, while prioritizing commentary on gross profit margin stability and the path for net profit margin. The improved mix in advanced products and evidence of operational discipline underpin the favorable outlook, as analysts look for confirmation in bookings and backlog dynamics and monitor seasonality in mobile against ongoing content gains.
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