Infineon earnings date and guidance
MyStockButler's October 2026 analysis: Infineon’s next results are expected on November 10, 2026. Watch Infineon’s inventory days alongside rising shipments.
What has Infineon guided for FY2026?
Infineon expects annual revenue of €16.3 billion, growth of 11%, and a Segment Result Margin of 20%. The September quarter carries much of the acceleration. Segment Result Margin means operating result before selected charges, not the profit shareholders keep: 20% of sales would produce about €3.26 billion of Segment Result, before costs such as restructuring, share-based pay and acquisition amortization.
The cash promise needs closer reading. Adjusted free cash flow is €1.85 billion, while reported free cash flow is €900 million because the adjusted measure removes major acquisitions and factory-building effects. Suppliers, lenders and contractors still require real euros. The quarterly promise record merits a qualified score of 4/5, but the annual forecast has proved less dependable.
| Period | Low | High | Given on | |
|---|---|---|---|---|
| Revenue (FY2026) | FY2026 | 16,300 | 16,300 | Aug 5, 2026 |
| Revenue growth (%) | FY2026 | 11.0% | 11.0% | Aug 5, 2026 |
| Segment Result Margin (%) (FY2026) | FY2026 | 20.0% | 20.0% | Aug 5, 2026 |
| Investments | FY2026 | 2,700 | 2,700 | Aug 5, 2026 |
| Adjusted Free Cash Flow | FY2026 | 1,850 | 1,850 | Aug 5, 2026 |
| Revenue (Q4 FY2026) | Q4 FY2026 | 4,700 | 4,700 | Aug 5, 2026 |
Has Infineon kept its past promises?
| What management forecast | Checked | Above | Within | Below |
|---|---|---|---|---|
| Revenue | 8 quarters | 6 | 0 | 2 |
| Segment Result Margin | 8 quarters | 2 | 6 | 0 |
What this means. The four out of five score does not match the sixteen quarterly checks shown below, so it should not be read as four quarters kept out of five.
What is Infineon’s eight-quarter revenue and profit trend?
Revenue and operating income rose sharply from the same quarter a year earlier. The sequence also strengthened from December through March and then June, which is more persuasive than a single strong quarter. Net income and diluted earnings per share followed the operating improvement.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,172 | 3,812 | 3,662 | 3,943 | 3,704 | 3,591 | 3,424 | 3,919 |
| Gross margin | 40.8% | 38.7% | 39.9% | 38.1% | 40.9% | 38.7% | 39.2% | 41.4% |
| Operating income | 594 | 458 | 388 | 454 | 424 | 318 | 318 | 473 |
| Net income | 419 | 297 | 252 | 235 | 289 | 226 | 236 | 377 |
| EPS, diluted | 0.32 | 0.23 | 0.19 | 0.18 | 0.22 | 0.17 | 0.18 | 0.29 |
| Cash from operations | 1,114 | 436 | 415 | 1,397 | 642 | 639 | 539 | 1,093 |
What this means. Cash from operations includes businesses the company has stopped running, while net income leaves those businesses out, so the two figures do not cover exactly the same business.
What should Infineon watchers look for in the next results?
Investors should compare delivered revenue and margin with the August promises, then inspect the cash-flow reconciliation. Inventory is guided to 150 days at fiscal year-end. Falling inventory days alongside rising shipments would show healthier demand than revenue growth accompanied by another stock build.
The call should also test AI commitments. Management expects to raise its FY2027 AI data-center revenue threshold from €2.5 billion. Signed agreements, delivery capacity and cash received matter more than reservations still being negotiated. Investors should also ask whether the €650 million of expected idle costs falls as new capacity enters service.