Business Description
Magnachip Semiconductor Corporation, together with its subsidiaries, designs, manufactures, and supplies analog and mixed-signal semiconductor platform solutions for communications, the Internet of Things, consumer, computing, industrial, and automotive applications. It provides display solutions, including source and gate drivers, and timing controllers that cover a range of flat panel displays used in mobile communications, automotive, entertainment devices, monitors, notebook PCs, tablet PC and TVs, liquid crystal display, organic light emitting diodes (OLED), and micro light emitting diode (Micro LED) panel. The company also offers metal oxide semiconductor field-effect transistors, insulated-gate bipolar transistors, AC-DC converters, DC-DC converters, LED drivers, regulators, and power management integrated circuits for a range of devices comprising televisions, smartphones, mobile phones, wearable devices, desktop PCs, notebooks, tablet PCs, level shifter, and other consumer electronics, as well as for power suppliers, e-bikes, photovoltaic inverters, LED lighting, and motor drives; and OLED display driver integrated circuit products. It serves consumer, computing, communication, automotive and industrial electronics OEMs, original design manufacturers, and electronics manufacturing services companies, as well as subsystem designers in Korea, the Asia Pacific, the United States, and Europe. The company sells its products through a direct sales force and a network of agents and distributors. Magnachip Semiconductor Corporation was incorporated in 2003 and is based in Cheongju-si, South Korea.
Business History
Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -0.82
Total Equity: $248.25M
Shares: 36,218,138
Total Debt: $44.60M
Cash: $103.76M
EBITDA: -$17.52M
Total Debt: $44.60M
Cash: $103.76M
Revenue: $179.90M
Shares: 36,218,138
Revenue: $179.90M
Revenue: $179.90M
Revenue: $179.90M
Total Equity: $248.25M
Tax Rate: 55.7%
Equity: $248.25M
Total Debt: $44.60M
Cash: $103.76M
Current Liabilities: $43.41M
Long-Term Debt: $44.60M
Total Debt: $44.60M
Total Equity: $248.25M
Shares: 36,218,138
Shares: 36,218,138
CapEx: -$29.99M
Shares: 36,218,138
Stock Price: $4.69
Net Income: -$29.72M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 24, 2026 6:39pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $474.2M | $337.7M | $230.1M | $231.7M | $179.9M |
| Cost of Revenue | $320.7M | $236.4M | $178.4M | $179.8M | $147.5M |
| Gross Profit | $153.5M | $101.3M | $51.6M | $51.9M | $32.4M |
| Operating Expenses | $70.1M | $106.5M | $109.3M | $104.9M | $62.4M |
| Operating Income | $83.4M | -$5.2M | -$57.6M | -$53.0M | -$30.0M |
| Net Income | $56.7M | -$8.0M | -$36.6M | -$54.3M | -$29.7M |
| EBITDA | $89.6M | $13.3M | -$30.0M | -$44.5M | -$17.5M |
| EPS | $1.26 | $-0.18 | $-0.89 | $-1.44 | $-0.82 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 24, 2026 6:39pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $279.5M | $225.5M | $158.1M | $138.6M | $103.8M |
| Total Current Assets | $409.1M | $337.9M | $245.4M | $219.2M | $176.9M |
| Total Assets | $583.7M | $516.6M | $420.5M | $379.3M | $351.5M |
| Current Liabilities | $85.5M | $47.2M | $46.9M | $46.3M | $43.4M |
| Long-Term Debt | $0 | $0 | $0 | $27.2M | $44.6M |
| Total Liabilities | $130.9M | $88.5M | $75.9M | $102.5M | $103.3M |
| Total Equity | $452.8M | $428.2M | $344.6M | $276.8M | $248.3M |
| Retained Earnings | $343.5M | $335.5M | $298.9M | $244.6M | $214.9M |
Cash Flow (Annual)
Last updated: Jun 24, 2026 6:39pm (2d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $87.7M | $5.2M | -$3.0M | -$6.1M | -$24.2M |
| Capital Expenditure | -$32.8M | -$23.8M | -$7.2M | -$11.6M | -$30.0M |
| Free Cash Flow | $54.9M | -$18.6M | -$10.2M | -$17.7M | -$54.2M |
| Acquisitions (net) | $832,000 | $550,000 | $0 | $0 | $0 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$39.2M | -$14.0M | -$51.8M | -$12.9M | -$4.4M |
| Net Change in Cash | $-393,000 | -$54.1M | -$67.4M | -$19.5M | -$34.9M |
Analyst Estimates (Annual)
Last updated: Jun 26, 2026 11:36am (22h ago)| Metric | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| Revenue |
$230.3M $230.2M – $230.4M
|
$178.8M $178.8M – $178.8M
|
$188.5M $188.5M – $188.5M
|
$200.5M $200.5M – $200.5M
|
| EBITDA |
-$8.8M -$8.8M – -$8.8M
|
-$6.9M -$6.9M – -$6.9M
|
-$7.2M -$7.2M – -$7.2M
|
-$7.7M -$7.7M – -$7.7M
|
| Net Income |
-$37.0M -$37.2M – -$36.8M
|
-$23.9M -$23.9M – -$23.9M
|
-$30.1M -$30.1M – -$30.1M
|
-$29.7M -$29.7M – -$29.7M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 24, 2026 6:39pm (2d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | -28.8% | -31.9% | +0.7% | -22.4% |
| Gross Profit Growth | -34.0% | -49.0% | +0.5% | -37.5% |
| Operating Income Growth | -106.3% | -999.2% | +8.0% | +43.5% |
| Net Income Growth | -114.2% | -355.7% | -48.3% | +45.3% |
| EBITDA Growth | -85.2% | -326.3% | -48.1% | +60.6% |
Narrative Economics
market-narrative step).