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Amkor Technology (AMKR) Q1 2026 earnings results (first quarter 2026)

10-Q filed Apr 28, 2026

Amkor Technology (AMKR) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +27% from a year earlier and -11% from the quarter before. Operating margin was 6.0%, net earnings $84.0M (5.0% of revenue).

Revenue$1.7B
Year over year+27%
Quarter over quarter-11%
Operating margin6.0%
Net earnings$84.0M

Amkor Technology, Q1 2026: revenue $1.7B (+28% year over year), operating margin 6.0%, net earnings $84.0M, operating cash flow $145M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$1.7B-11%+27%
Gross profit$239M-24%+52%
Operating profit$100M-46%+218%
Net earnings$84.0M-51%+284%
Operating cash flow$145M-77%+501%

What changed

Revenue was $1.7B in Q1 2026, up 27% year over year and down 11% from the previous quarter. Advanced products was the largest line at 81% of revenue. Advanced products added $0.31B year over year (up 29%), 85% of the total change.

Gross margin was 14.2%, up 2.3 points from Q1 2025. Operating profit was $0.10B, a 6.0% margin (up 3.6 points year over year). Of the extra revenue versus Q1 2025, 19% reached operating profit, above the 2% margin then. Operating expenses grew 10% against revenue growth of 27%. The fastest-growing cost line was SG&A (+21%). Net earnings were $0.08B, up 295% year over year. The effective tax rate was 12.8%.

Operating cash flow was $0.15B (up 501% year over year), 173% of net earnings. Non-cash charges added back $0.17B of depreciation. Working capital and other items used $0.11B. Capital expenditures of $0.22B exceeded it, leaving free cash flow of −$0.08B.

Questions

What was Amkor Technology's revenue in the first quarter 2026?

Amkor Technology (AMKR) reported revenue of $1.7B for the first quarter 2026 (Q1 2026), +27% from a year earlier and -11% from the quarter before.

Was Amkor Technology profitable in the first quarter 2026?

Operating profit was $100M (6.0% of revenue) and net earnings $84.0M.

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Source: Amkor Technology 10-Q on SEC EDGAR.