Amkor Technology

AMKR Q1 2025 Earnings

Reported Apr 28, 2025 at 4:08 PM ET · SEC Source

Q1 25 EPS

$0.09

BEAT +4.53%

Est. $0.09

Q1 25 Revenue

$1.32B

BEAT +3.61%

Est. $1.28B

vs S&P Since Q1 25

+269.6%

BEATING MARKET

AMKR +299.6% vs S&P +30.0%

Market Reaction

Did AMKR Beat Earnings? Q1 2025 Results

Amkor Technology opened 2025 with a modest but clean beat, reporting Q1 revenue of $1.32 billion and diluted EPS of $0.09, clearing the Street's $1.28 billion revenue consensus by 3.61% and edging past the $0.09 EPS estimate by 4.53%, even as sales s… Read more Amkor Technology opened 2025 with a modest but clean beat, reporting Q1 revenue of $1.32 billion and diluted EPS of $0.09, clearing the Street's $1.28 billion revenue consensus by 3.61% and edging past the $0.09 EPS estimate by 4.53%, even as sales slid 3.2% from the year-ago period. The headline numbers, however, masked meaningful margin pressure: gross margin compressed to 11.9% from 14.8% a year earlier, weighed down by higher labor costs, increased depreciation, and elevated manufacturing overhead that collectively squeezed operating income margin to just 2.4%. Advanced products, representing roughly 80% of total sales at $1.06 billion, remained the backbone of the business, while a notable shift in end-market mix saw Automotive and Industrial climb to 21% of revenue as Communications softened to 40%. Looking ahead, Amkor guided Q2 net sales of $1.38 billion to $1.48 billion with gross margin of 11.5% to 13.5%, citing its diversified global manufacturing footprint as a key buffer against ongoing tariff and trade regulation uncertainty.

Key Takeaways

  • Communications end market represented 40% of Q1 2025 sales
  • Computing end market grew to 22% of sales from 17% year-over-year
  • Automotive, industrial and other increased to 21% of sales from 17% in Q4 2024
  • Top ten customers represented 71% of net sales
  • Packaging services accounted for 88% of revenue, test services 12%
  • Gross margin compression to 11.9% driven by higher labor, depreciation, and other manufacturing costs
24/7 Wall St

AMKR YoY Financials

Q1 2025 vs Q1 2024, source: SEC Filings

24/7 Wall St

AMKR Revenue by Segment

With YoY comparisons, source: SEC Filings

Q1 25 Q1 26

“Amkor delivered first quarter results in line with expectations, with revenue of $1.32 billion and EPS of $0.09.”

— Giel Rutten, Q1 2025 Earnings Press Release