Duiven, the Netherlands, July 23, 2026 - BE Semiconductor Industries N.V. (the “Company" or "Besi") (Euronext Amsterdam: BESI; OTC markets: BESIY), a leading manufacturer of assembly equipment for the semiconductor industry, today announced its results for the second quarter and first half year ended June 30, 2026.

Key Highlights Q2-26

• Revenue of € 249.9 million grew € 65.0 million, or 35.2%, vs. Q1-26 and € 101.8 million, or 68.7%, vs. Q2-25 due primarily to broad based growth, particularly for hybrid bonding, photonics and datacenter applications and, to a lesser extent, increased demand for mobile applications

• Orders of € 292.9 million rose 8.6% vs. Q1-26 due primarily to increased demand for datacenter, photonics and AI power management applications. Vs. Q2-25, up 128.8% due to broad based growth, particularly for AI computing applications

• Gross margin of 65.7% rose 2.2 points vs. Q1-26 and 2.4 points vs. Q2-25 due primarily to a more favorable product mix

• Net income of € 89.0 million rose 72.5% vs. Q1-26 and 177.3% vs. Q2-25 due to higher revenue, gross margins and cost control efforts. Q2-26 net margin rose to 35.6% vs. 27.9% in Q1-26 and 21.6% in Q2-25

• Net cash and deposits grew by 58.8% vs. March 31, 2026 to reach € 164.0 million

Key Highlights H1-26

• Revenue of € 434.7 million increased 48.8% vs. H1-25 due to higher demand for AI computing applications and, to a lesser extent, increased demand for mobile applications 

• Orders of € 562.6 million rose 116.5% vs. H1-25 due to broad based growth across end-user markets with strength in photonics, hybrid bonding and datacenter computing applications

• Gross margin of 64.7% increased 1.3 points vs. H1-25 primarily due to a more favorable product mix

• Net income of € 140.6 million grew 121.1% vs. H1-25 due to higher revenue, gross margins and cost control efforts which limited overhead growth. Besi’s net margin grew to 32.3% vs. 21.7% in H1-25

Q3-26 Outlook  

• Revenue expected to increase 10-15% vs. the € 249.9 million reported in Q2-26

• Gross margin expected to range between 63-65% vs. the 65.7% realized in Q2-26 due to a less favorable product mix

• Operating expenses expected to be flat to up 5% vs. the € 55.3 million reported in Q2-26

 

To read the full version of our press release, please download the PDF file.