10-Q · May 8, 2026
Magnachip reported Q1 2026 earnings with revenues of $46.2 million, surpassing estimates of $46 million, and reported an adjusted EPS of -$0.11 compared to an expectation of -$0.22. Segment analysis reveals growth in…
Earnings analysis · 10-Q
MX earnings analysis
Filed August 10, 2026 · Our reading of the company's report
The latest report
The supplied 10-Q extract contains primarily Part II disclosures and does not include the quarter’s income statement, balance sheet, cash-flow statement, segment results, or quantitative outlook. Controls were deemed…
Read full summary
The supplied 10-Q extract contains primarily Part II disclosures and does not include the quarter’s income statement, balance sheet, cash-flow statement, segment results, or quantitative outlook. Controls were deemed effective as of June 30, 2026, and no material internal-control changes were reported. No shares were repurchased during the quarter, with $20.951 million remaining under the authorization; the CFO’s salary was restored to $360,000 from $324,000 effective August 7, 2026. Compared with the prior bearish assessment, the filing provides insufficient new operating data to support a directional change.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
What stood out
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Disclosure controls effective
Management concluded that disclosure controls and procedures were effective as of June 30, 2026.
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No material control changes
The company reported no changes in internal control over financial reporting during the quarter ended June 30, 2026 that materially affected, or were reasonably likely to materially affect, controls.
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Buyback authorization preserved
No shares were repurchased during April, May, or June 2026; $20.951 million remained available under the repurchase plan at quarter-end.
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CFO compensation reinstated
The CFO’s temporary 10% salary reduction was terminated on August 7, 2026, restoring annual base salary to $360,000 from an annualized $324,000.
What to watch
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No quantified risk update
The company’s risk-factor section states that existing risks could have a significant or material adverse effect on its business, financial condition, liquidity, or consolidated financial statements, but the supplied extract identifies no newly quantified risk-factor change.
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Executive compensation expense rises
The CFO’s annual base salary increased from an annualized $324,000 to $360,000 effective August 7, 2026, a 10% restoration that modestly increases executive compensation expense.
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Incomplete financial disclosure extract
The supplied filing extract does not provide balance-sheet, cash-flow, segment, margin, or operating-performance data, limiting assessment of liquidity and operating-loss risks for the quarter ended June 30, 2026.
Management's outlook
The supplied 10-Q extract does not include quantitative revenue or EPS guidance. No numeric outlook, liquidity outlook, or capital-spending forecast was provided.
Earlier filings 4
10-K · March 16, 2026
Magnachip completed its strategic shift to a pure‑play Power company in 2025 (decision announced March 12, 2025; MMS liquidation completed October 29, 2025) and generated $178.9 million of revenue for the year while…
10-Q · August 5, 2025
Magnachip’s 10-Q for the quarter ended June 30, 2025 shows modest revenue growth to $47,622,000 and a return to positive total diluted EPS of $0.01 driven by a $8,486,000 profit in continuing operations (currency…
10-Q · May 12, 2025
Magnachip posted quarterly revenue of $44,722 (in thousands), up from $43,438 a year ago, with gross profit improving to $9,362 and an operating loss narrowing to $(6,288). Management continues the strategic pivot to a…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.