SÜSS MicroTec
ConvictionContext
Capital-equipment sales (tools for foundries, OSATs, memory & photomask makers) plus a growing recurring stream of service, spares, upgrades and consumables; revenue is lumpy and order-driven, tied to the semiconductor capex cycle.
Revenue
EUR 503.2MFY2025 record); TTM ~EUR 464.8M after a weak Q1 2026Rev growth
+12.7% FY2025 YoYEUR 446.7M -> EUR 503.2M); FY2026 guided DOWN to EUR 425-485M (-4% to -15%) on the 2025 order-timing air-pocketGross margin
35.7%FY2025 actual); 36.1% Q1 2026; 35-37% FY2026 guideOp margin
13.1% EBIT marginFY2025 actual) -- down from ~18% in the prior peak; Q1 2026 EBIT margin collapsed to 4.3% on low revenue / negative operating leverage; 8-10% FY2026 guideCapex intensity
Moderate and rising -- capacity expansionbonding, photomask) to support the 2030 revenue plan; not a heavy-fab capex model.Market cap
~$1.98BEUR 1.69B; Deutsche Boerse Xetra: SMHN, 2026-07-06, ~19.1M shares @ EUR 87.45The read
Where our coverage leans
Bull & bear in tension
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Full financial intelligence for SÜSS MicroTec
Earnings, margins & COGS, the income-statement breakdown, SWOT, moats & dependencies, the supplier–customer ecosystem graph, top signals & trends, and the valuation range.
- Income statement & margin structure
- SWOT, moats & dependency map
- Supplier–customer ecosystem graph
- Signals, trends & valuation range
Not investment advice — analyst work product for a qualified professional.· intel vintage 2026-07· sign in (free) for the analyst summary; Pro unlocks full intelligence