Soitec SA

SOI

Equity

ISIN FR0013227113 / Valor 35180513

Euronext - Euronext Paris (2026-07-31)

EUR 104.00-0.43%

Soitec SA
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About company

Soitec SA, headquartered in France, is a prominent entity in the microelectronics sector, recognized globally for its pioneering role in the development and manufacturing of innovative semiconductor materials. With over three decades of expertise, the company has established itself as a crucial player in the industry, focusing on delivering products that not only boast superior technological performance but also emphasize energy efficiency. Soitec's operations span across various strategic markets, including mobile communications, automotive and industry, and smart objects, reflecting its commitment to addressing the diverse needs of the digital and electronic landscape. Listed on Euronext Paris, Soitec continues to project positive growth, as evidenced by its financial guidance for the fiscal years 2024 and 2025. Additionally, the company's collaboration with CEA-Leti and its involvement in industry workshops, such as the one co-chaired by NVIDIA at the OFC exhibition, underscore its active engagement in fostering innovation and sharing knowledge within the semiconductor community.

Summarized from source with an LLMView SourceSector: Technology

Top-line

Q4’25 revenue: €327m (‑3% reported vs Q4’24, ‑1% at constant exchange rates/perimeter). FY’25 revenue: €891m, down 9% YoY (reported and at constant exchange rates/perimeter), in line with revised guidance.

Profitability

FY’25 EBITDA €298m (margin 33.5%, only 50 bps below prior year). Current operating income €136m (15.2% of revenue); operating income after other items €119m.

Net income and EPS

FY’25 net profit, group share €92m (down ≈48–49% YoY). Basic EPS €2.57, diluted €2.56.

Cash flow and balance sheet

Positive FY’25 Free Cash Flow €26m (improvement vs FY’24). Cash position €688m at March 31, 2025; net debt €94m (financial debt €782m). Net cash outflow for FY’25 €21m.

Investment and R&D

Total cash out related to capex ~€230m in FY’25 (incl. leased equipment). Gross R&D spending €152m, net R&D expense €85m (9.5% of revenue). FY’26 capex cash-out expected ~€150m.

Product mix & momentum

Diversification accelerated: POI reached ~US$100m annual revenue level; Photonics‑SOI and POI showed strong growth (Photonics‑SOI benefiting from AI/cloud demand). RF‑SOI and Power‑SOI weakened due to inventory adjustments and automotive softness.

Q1’26 and guidance

Q1’26 revenue expected down around 20% YoY at constant exchange rates/perimeter (Imager‑SOI contributed US$25m in Q1’25). Given market uncertainty, Soitec SA withdrew medium-term and FY’26 guidance and will only provide quarterly revenue guidance going forward.

One-offs and corporate actions

Divestment of Dolphin Design’s businesses completed in H2’25, generating a €13m loss recorded in other operating expenses. Management reiterated the long‑term market opportunity (addressable wafers ~5m in 2024 → ~12m in 2030) and an operating‑at‑scale model requiring ~€770m investment to target a $2bn run‑rate (not guided/timed).

Summarized from source with an LLMView Source

Key figures

172%1Y

-41.9%3Y

-48.5%5Y

Performance

95.4%1Y

71.2%3Y

61.8%5Y

Volatility