---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-323843"
form_type: "8-K"
ticker: "MX"
cik: "0001325702"
company_name: "MAGNACHIP SEMICONDUCTOR Corp"
filed_at: "2026-07-29T20:30:16+00:00"
generated_at: "2026-07-29T20:31:26.245427+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Magnachip Q2 revenue $44.7M, gross margin 19.3% above guidance; appoints new CEO, partners with Navitas

## Summary
- Revenue $44.7M, down 6.1% YoY; within guidance of $44.5-$48.5M.
- GAAP gross margin 19.3% above guidance high end of 19.0%; operating loss $9.98M.
- GAAP diluted EPS -$0.21; non-GAAP adjusted diluted EPS -$0.13.
- Appointed Chae Lee as CEO; formed strategic partnership with Navitas Semiconductor to license SiC technology.
- Launched 6th-generation 600V SJ MOSFETs for AI servers and EV charging.

## SEC filing metadata
- accession: 0001193125-26-323843
- form_type: 8-K
- ticker: MX
- cik: 0001325702
- company_name: MAGNACHIP SEMICONDUCTOR Corp
- filed_at: 2026-07-29T20:30:16+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325702/000119312526323843/0001193125-26-323843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325702/000119312526323843/mx-20260729.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-323843
- JSON: https://secwatch.observer/filing/0001193125-26-323843.json
- Plain text: https://secwatch.observer/filing/0001193125-26-323843.txt

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