Also trades as: BESIY (OTC) · $vol 3M · BESVF (OTC) · $vol 0M

€204.80 ($230.47)

+13.40 (+7.00%)

Weekly Expected Move ±7.0%

€176 €190 €205 €219 €233

AMS · Technology · Semiconductors · Tech Score Neutral · Power 51 · €16.2B mcap · 70M float · 0.663% daily turnover

Revenue

$591M -2.7% ▼

5Y CAGR: +6.4%

Gross Profit

$374M -5.5% ▼

5Y CAGR: +7.7%

Operating Income

$173M -11.5% ▼

5Y CAGR: +2.9%

Net Income

$132M -27.7% ▼

5Y CAGR: -0.1%

EPS (Diluted)

$1.66 -27.8% ▼

5Y CAGR: -0.1%

EBITDA

$207M -7.8% ▼

5Y CAGR: +5.3%

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$749M	$723M	$579M	$607M	$591M
YoY Growth	+72.8%	-3.5%	-19.9%	+4.9%	-2.7%
Cost of Revenue	$302M	$280M	$203M	$212M	$217M
Gross Profit	$447M	$443M	$376M	$396M	$374M
Gross Margin	59.6%	61.3%	64.9%	65.2%	63.3%
R&D Expenses	$36M	$54M	$56M	$74M	$81M
SG&A Expenses	$93M	$95M	$106M	$126M	$120M
Operating Expenses	$129M	$149M	$162M	$200M	$201M
Operating Income	$318M	$294M	$213M	$196M	$173M
Operating Margin	42.4%	40.7%	36.9%	32.2%	29.3%
Interest Expense	$11M	$12M	$12M	$7M	$19M
Income Before Tax	$304M	$275M	$208M	$189M	$154M
Tax Expense	$21M	$35M	$31M	$7M	$22M
Net Income	$282M	$241M	$177M	$182M	$132M
Net Margin	37.7%	33.3%	30.6%	30.0%	22.3%
EPS (Diluted)	$3.39	$2.81	$2.14	$2.30	$1.66
EBITDA	$332M	$317M	$245M	$224M	$207M
Shares Outstanding	85M	86M	83M	82M	80M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$157M	$153M	$144M	$148M	$133M	$166M	$185M	$250M
Cost of Revenue	$55M	$55M	$52M	$54M	$56M	$60M	$73M	$86M
Gross Profit	$101M	$98M	$88M	$94M	$77M	$106M	$111M	$164M
Gross Margin	64.7%	64.0%	61.1%	63.3%	58.0%	63.9%	60.3%	65.7%
R&D Expenses	$19M	$19M	$16M	$20M	$15M	$22M	$17M	$23M
SG&A Expenses	$27M	$29M	$33M	$31M	$28M	$28M	$30M	$32M
Operating Expenses	$46M	$48M	$52M	$50M	$43M	$50M	$48M	$55M
Operating Income	$55M	$51M	$39M	$43M	$34M	$56M	$64M	$109M
Operating Margin	35.2%	33.0%	27.2%	29.4%	25.7%	33.8%	34.6%	43.5%
Interest Expense	$6M	$4M	$6M	$9M	$6M	$6M	$6M	$9M
Income Before Tax	$53M	$47M	$36M	$38M	$29M	$51M	$59M	$102M
Tax Expense	$7M	-$13M	$5M	$6M	$4M	$8M	$7M	$13M
Net Income	$47M	$59M	$32M	$32M	$25M	$43M	$52M	$89M
Net Margin	29.9%	38.6%	21.9%	21.6%	19.0%	25.7%	27.9%	35.6%
EPS (Diluted)	$0.57	$0.73	$0.39	$0.39	$0.31	$0.54	$0.65	$1.10
EBITDA	$67M	$58M	$50M	$59M	$44M	$67M	$75M	$119M
Shares Outstanding	82M	82M	82M	81M	81M	80M	79M	81M

BESI.AS AMS