Soitec raises its T2 revenue growth forecast by approximately 50%, driven by Photonics-SOI
The Isère-based semiconductor substrate manufacturer has raised its revenue forecast for the second quarter of fiscal year 2026-2027, following the publication of its first quarter sales on July 22, 2026. The upward revision is based on accelerating demand for its Photonics-SOI business.
Growth expected at approximately 50% in Q2, versus more than 30% announced in July
Soitec announced on September 2, 2026 an upward revision of its revenue target for the second quarter of its 2026-2027 fiscal year. The group now expects growth of approximately 50% year-on-year compared to the second quarter of 2025-2026, at constant scope and exchange rates.
This forecast compares to growth of more than 30% communicated on July 22, 2026 in the press release relating to first quarter revenue. The company attributes this revision to three factors it explicitly cites: the acceleration of demand in Photonics-SOI, improved visibility on its customers' short-term needs, and its ability to adapt production to meet this demand.
In the same move, Soitec also raised its revenue outlook for its Photonics-SOI business. The group clarifies that its forecasts for the rest of its activities remain broadly unchanged.
Multi-year agreements expected with eight Photonics-SOI customers
Soitec continues to sign multi-year capacity reservation agreements with several customers of its Photonics-SOI business. The group indicates it expects such agreements to have been concluded with eight of approximately ten key Photonics-SOI customers in the coming weeks.
This information extends what was already mentioned in the press release relating to first quarter revenue. The company achieved revenue of approximately 600 million euros during its 2025-2026 fiscal year.
It serves three main markets which it designates as Mobile Communications, Automotive and Industry, as well as Edge and Cloud AI. Soitec relies on nearly 2,000 employees distributed across sites in Europe, the United States and Asia, and reports nearly 4,800 patents filed.
Rebound at the end of August, then decline of more than 2% on September 1st
This revision comes after a series of trading sessions marked by a rebound in the stock on the Paris Stock Exchange.
At the end of August 2026, the share had posted several of the best performances of the SBF 120, partially erasing a decline recorded over longer horizons. On September 1, 2026, the stock had fallen more than 2%, dropping back below a technical threshold after being among the index leaders the previous day.
