Infineon Reports Results for Second Quarter of Its 2025 Fiscal Year

Infineon Technologies AG is reporting results for the second quarter of the 2025 fiscal year (period ended March 31, 2025).

“Infineon has performed well in the second quarter. Even at a more unfavorable exchange rate of $1.125 to the euro, we would be right on track and in line with our previous expectations for the fiscal year. Given that order intake still shows no signs at all of slowing down, we can only guesstimate the effects of tariff disputes. We have therefore applied a haircut of 10 percent of expected revenue in the fourth quarter of the 2025 fiscal year. We are now anticipating a slight decline in revenue compared with the prior year,” says Jochen Hanebeck, CEO of Infineon. Group performance in the second quarter of the 2025 fiscal year

Group revenue rose from €3,424 million in the first quarter of the 2025 fiscal year to €3,591 million in the second quarter. The 5 percent increase in revenue was the result of greater demand in the Automotive (ATV), Green Industrial Power (GIP) and Connected Secure Systems (CSS) segments. In the Power & Sensor Systems (PSS) segment, revenue remained virtually constant.

The gross margin achieved in the second quarter of the 2025 fiscal year was 38.7 percent, compared with 39.2 percent in the prior quarter. The adjusted gross margin came in at 40.9 percent, compared with 41.1 percent in the first quarter of the current fiscal year.

The segment result increased by 5 percent in the second quarter of the 2025 fiscal year to €601 million, up from €573 million in the prior quarter.  The financial result in the second quarter of the 2025 fiscal year was a net loss of €28 million, compared with a net loss of €17 million in the first quarter.

Free cash flow in the second quarter of the 2025 fiscal year came in at a positive figure of €174 million, compared with a negative figure of €237 million in the prior quarter. The gross cash position at the end of the second quarter of the current fiscal year amounted to €1,687 million, compared with €1,957 million at the end of the prior quarter. Financial debt at March 31, 2025 stood at €5,516 million, compared with €4,943 million at 31 December 2024.

In the third quarter of the 2025 fiscal year, based on an assumed exchange rate of US$1.125 to the euro, Infineon expects revenue to reach about €3.7 billion. The GIP and PSS segments should see a percentage growth rate that is higher than the group average.