Hua Hong Semiconductor hits record Q3 revenue, but profit dips

Hua Hong Semiconductor reported a record-high revenue of $635.2m for the third quarter of 2025, marking a 20.7% increase year-over-year and 12.2% quarter-over-quarter. Gross margin also saw a significant rise to 13.5%, up 1.3 percentage points from Q3 2024 and 2.6 percentage points from Q2 2025. Despite this, net profit attributable to shareholders was $25.7m, a 42.6% decrease from Q3 2024 but a substantial 223.5% increase over Q2 2025.

Looking ahead, the company forecasts revenue for the fourth quarter of 2025 to be approximately $650m to $660m, with a gross margin projected to be in the range of 12% to 14%. The company’s capacity utilization stood at 109.5% in Q3 2025, with 1,400,000 wafers shipped, reflecting a 16.7% year-over-year increase.

Revenue from China contributed $522.6m, an 82.3% share of total revenue, driven by increased demand for flash, PMIC, and MCU products. Capital expenditures for the quarter totaled $261.9m, with $230.7m allocated to Hua Hong Manufacturing.