---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-187239"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2026-04-28T23:59:59+00:00"
generated_at: "2026-05-15T02:46:50.854594+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q1 revenue $46.2M, up 3.3% YoY; operating loss narrows sequentially

## Summary
- Revenue $46.2M, up 3.3% YoY and 13.9% QoQ; gross margin 15.6% above guidance mid-point.
- GAAP operating loss $7.2M, improved from $12.4M Q4 but worse than $5.3M YoY.
- Non-GAAP adjusted operating loss $6.5M, adjusted EBITDA loss $3.6M.
- Power Analog Solutions revenue $41.6M (+4.5% YoY), Power IC $4.6M (-6.2% YoY).
- Launched 8th-gen BatteryFET and 40V/60V MV MOSFETs; on track for 55 new products in 2026.

## SEC filing metadata
- accession: 0001193125-26-187239
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2026-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312526187239/0001193125-26-187239-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312526187239/mx-20260428.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-187239
- JSON: https://secwatch.observer/filing/0001193125-26-187239.json
- Plain text: https://secwatch.observer/filing/0001193125-26-187239.txt

## Key facts
- Earnings Releases
  MAGNACHIP SEMICONDUCTOR Corp reported first quarter 2026 results: revenue $46.2 million, net income Loss from continuing operations (4,697), EPS Diluted Loss per Common Share (0.13).
  - Period: first quarter 2026
  - Revenue: $46.2 million
  - Net income: Loss from continuing operations (4,697)
  - EPS: Diluted Loss per Common Share (0.13)
  - Result: reported results
  source text: for First Quarter 2026 Q1 Results Summary • Consolidated revenue from continuing operations (which includes Power Analog Solutions (“PAS”) and Power IC (“PIC”) businesses) was $46.2 million, approximately at the mid-point of our guidance range of $44.0 to $48.0 million. • Revenue grew by 3.3% year over year and 13.9% quarter over quarter. • Consolidated gross profit
  evidence_url: https://www.sec.gov/Archives/edgar/data/1325702/000119312526187239/0001193125-26-187239-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.