Hanmi Semiconductor Q1 2026 Revenue Down 65.5% YoY to $33.9M
Hanmi Semiconductor reported Q1 2026 revenue of $33.9M, down 65.5% year-over-year. Operating income fell 87.9% YoY to $5.7M, and declined 69.4% from the prior quarter.
- Hanmi Semiconductor Q1 2026 revenue fell 65.5% YoY to $33.9M; operating income plunged 87.9% to $5.7M
- Both metrics also dropped sharply QoQ — revenue -38.7%, operating income -69.4%
Hanmi Semiconductor (042700) reported preliminary Q1 2026 results via a DART regulatory filing on May 15, 2026, with revenue coming in at $33.9M — down 65.5% year-over-year.
Earnings at a Glance
Revenue, operating income, and net income all declined sharply both year-over-year and quarter-over-quarter. Operating margin (operating income / revenue) came in at approximately 16.6%.
- Revenue: $33.9M, -65.5% YoY, -38.7% QoQ
- Operating Income: $5.7M, -87.9% YoY, -69.4% QoQ
- Pre-tax Income: $16.7M, -64.4% YoY
- Net Income: $12.6M, -65.2% YoY, -34.1% QoQ
Market Reaction
According to prior reports, the stock surged 27% immediately following Chairman Kwak Dong-shin's acquisition of approximately $2.0M in company shares. Foreign investors were also reported to have made net purchases of approximately $30.4M. While Hanmi Semiconductor posted record annual revenue of $383.9M in full-year 2025 — the highest in company history — Q1 2026 results reflected a notable earnings contraction, weighed down by order deferrals and related factors.
This article was auto-generated based on the original DART regulatory filing and domestic and international news reports, with the goal of delivering key data points promptly following the announcement. Readers are advised to consult the company's official filing before making any investment decisions.
042700Frequently Asked Questions
What were Hanmi Semiconductor's Q1 2026 revenue and operating income?
Based on the DART regulatory filing, revenue was $33.9M and operating income was $5.7M — down 65.5% and 87.9% year-over-year, respectively.
What does 'preliminary earnings' mean?
Preliminary earnings are figures released before the completion of a full audit. They serve as an early estimate and may differ slightly from the final audited results, so they should be treated as indicative.
Why is pre-tax income significantly higher than operating income?
Operating income reflects only profit generated from core business activities (product sales and services). Pre-tax income additionally includes non-operating items such as interest income and gains on investment asset revaluations. This quarter, non-operating income of approximately $11.1M was recorded, which is why pre-tax income ($16.7M) came in well above operating income ($5.7M).
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