Soitec Reports 47% Revenue Increase in Q2 2026
Soitec has released its financial results for the second quarter and the first half of the fiscal year 2026, showing notable organic growth in Q2 despite an overall decline from the previous year.
Financial Performance in Detail
According to the press release, Soitec achieved a revenue of 139 million euros in the second quarter of 2026, marking an organic growth of 47% compared to the first quarter of the same year. However, this figure represents a 36% decrease from the 217 million euros recorded in Q2 2025. The half-year revenue amounted to 231 million euros, down 32% in reported terms and 29% organically compared to H1 2025. The EBITDA margin improved to 34.1%, despite a 30% drop in EBITDA to 79 million euros, affected by non-recurring items.
Strategic Investments and Financial Agreements
Soitec continues to strategically invest in R&D to prepare for the future and to develop new markets, the company indicates. The group also finalized the issuance of a 200 million euros Schuldschein loan to refinance the OCEANE bonds that matured on October 1, 2025. Additionally, Soitec concluded an agreement with the European Investment Bank for a financing of 150 million euros aimed at supporting its R&D and industrial projects.
Outlook for Q3 2026
For the third quarter of 2026, Soitec anticipates sequential organic growth in its revenue. However, the company expects challenging market conditions, particularly in the Mobile Communications division, where inventory adjustments continue among clients. The Edge & Cloud AI division is expected to keep benefiting from the demand in Photonics-SOI and FD-SOI substrates, while the Automotive & Industry division remains impacted by a slowly recovering automotive market and surplus inventories.
