{"version":"1","article":{"id":"uk-iqe-interim-results-2026","slug":"uk-iqe-interim-results-2026","language":"en","url":"https://haberpaper.com/en/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=en","title":"UK semiconductor materials supplier IQE lifts first-half revenue 43%","summary":"The Wales-based epitaxy supplier reported £64.6 million revenue and £6.0 million adjusted EBITDA for the six months ended June.","category":"business","region":"world","topics":[],"published_at":"2026-10-08T01:26:48+03:00","modified_at":"2026-10-08T01:26:48+03:00","publication_basis":"publication-record","event_period":"2026-06","event_period_basis":"event-or-reference-period","sources":[{"name":"IQE plc","url":"https://www.iqep.com/media/press-releases/2026/2026-interim-results/","checkedAt":"2026-10-08","publishedAt":"2026-09-07"}],"translations":[{"language":"tr","url":"https://haberpaper.com/tr/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=tr"},{"language":"en","url":"https://haberpaper.com/en/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=en"},{"language":"ar","url":"https://haberpaper.com/ar/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=ar"},{"language":"fr","url":"https://haberpaper.com/fr/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=fr"},{"language":"es","url":"https://haberpaper.com/es/news/uk-iqe-interim-results-2026","api_url":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026?lang=es"}],"data_types":["metrics"],"data":{"version":1,"blocks":[{"id":"iqe-h1-results","type":"metrics","title":{"tr":"IQE 2026 ilk yarı finansal göstergeleri","en":"IQE H1 2026 financial indicators","ar":"مؤشرات IQE المالية للنصف الأول 2026","fr":"Indicateurs financiers IQE du S1 2026","es":"Indicadores financieros de IQE del primer semestre 2026"},"description":{"tr":"30 Haziran 2026'da biten altı aylık dönemde bildirilen seçili finansal sonuçlar.","en":"Selected reported financial results for the six months ended 30 June 2026.","ar":"نتائج مالية مختارة معلنة للأشهر الستة المنتهية في 30 يونيو 2026.","fr":"Quelques résultats financiers publiés pour les six mois clos le 30 juin 2026.","es":"Resultados financieros seleccionados publicados para los seis meses hasta el 30 de junio de 2026."},"methodology":{"tr":"Kaynak tabloda £m değerleri gösterir; burada GBP olarak ifade edilmiştir. EBITDA düzeltilmiş yönetim ölçüsüdür, nakit bakiyesi bir stoktur ve sonuçlar şirketin denetlenmemiş ara dönem bildirimindendir.","en":"The source reports £m figures; values here are expressed in GBP. Adjusted EBITDA is a management measure, cash is a stock, and results come from the company’s unaudited interim announcement.","ar":"يعرض المصدر القيم بملايين الجنيهات؛ والقيم هنا بالجنيه الإسترليني. EBITDA المعدل مقياس إداري، والنقد رصيد، والنتائج من إعلان الشركة المرحلي غير المدقق.","fr":"La source présente les montants en millions de livres ; les valeurs sont exprimées ici en GBP. L’EBITDA ajusté est une mesure de gestion, la trésorerie est un stock et les résultats proviennent des comptes intermédiaires non audités.","es":"La fuente presenta los importes en millones de libras; aquí se expresan en GBP. El EBITDA ajustado es una medida de gestión, el efectivo es un saldo y los resultados proceden del comunicado intermedio no auditado."},"items":[{"label":{"tr":"Gelir","en":"Revenue","ar":"الإيرادات","fr":"Chiffre d’affaires","es":"Ingresos"},"value":64600000,"unit":"GBP","period":"2026-06","basis":"observed","measure":{"id":"iqe-half-year-revenue","unitCode":"gbp","geography":"global","frequency":"irregular","aggregation":"flow","periodRole":"reference-period"},"periodStart":"2026-01"},{"label":{"tr":"Düzeltilmiş EBITDA","en":"Adjusted EBITDA","ar":"EBITDA المعدل","fr":"EBITDA ajusté","es":"EBITDA ajustado"},"value":6000000,"unit":"GBP","period":"2026-06","basis":"observed","measure":{"id":"iqe-half-year-adjusted-ebitda","unitCode":"gbp","geography":"global","frequency":"irregular","aggregation":"flow","periodRole":"reference-period"},"periodStart":"2026-01"},{"label":{"tr":"Düzeltilmiş net nakit (kira yükümlülükleri hariç)","en":"Adjusted net cash excluding lease liabilities","ar":"صافي النقد المعدل باستثناء التزامات الإيجار","fr":"Trésorerie nette ajustée hors obligations locatives","es":"Efectivo neto ajustado, excluidos pasivos por arrendamiento"},"value":30200000,"unit":"GBP","period":"2026-06","basis":"observed","measure":{"id":"iqe-adjusted-net-cash","unitCode":"gbp","geography":"global","frequency":"irregular","aggregation":"stock","periodRole":"reference-period"}}],"sourceUrls":["https://www.iqep.com/media/press-releases/2026/2026-interim-results/"],"updatedAt":"2026-10-07T21:58:20+00:00"}]},"data_compilations":[{"id":"iqe-h1-results","creator":{"@type":"Organization","@id":"https://haberpaper.com/#organization","name":"Haber Paper","url":"https://haberpaper.com/"},"license":{"@type":"CreativeWork","@id":"https://haberpaper.com/en/data-terms/v1#license","name":"Haber Paper Original Data Compilation License 1.0","url":"https://haberpaper.com/en/data-terms/v1"},"rights_scope":"Haber Paper original data arrangement, labels and methodology notes only; underlying source rights and permissions remain separate.","source_license_url":null}],"data_downloads":[{"id":"iqe-h1-results","formats":{"json":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026/data/iqe-h1-results?lang=en&format=json","csv":"https://haberpaper.com/api/v1/articles/uk-iqe-interim-results-2026/data/iqe-h1-results?lang=en&format=csv"}}],"content":{"paragraphs":["Wales-based compound semiconductor wafer and advanced materials supplier IQE reported unaudited results for the first half of 2026 on 7 September. Revenue for the six months ended 30 June increased 43% from £45.3 million in the prior-year period to £64.6 million. The company moved adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to a £6.0 million profit from a £0.4 million loss. This is a company-reported management measure, not net profit after tax. Adjusted loss before tax was £8.2 million and the reported loss before tax was £12.6 million.","Photonics revenue was £38.5 million, up 45% year on year. IQE attributed this to the release of funding for certain US defence programmes and continued growth in AI and data-centre markets. Wireless revenue rose 40% to £26.0 million. IQE said higher utilisation of manufacturing assets and a larger photonics sales mix supported gross margins. These segment increases are the company’s reported revenue; they are not end sales by chipmakers or growth rates for the semiconductor market as a whole. IQE supplies wafer epitaxy and materials solutions used in different devices and systems, so the figures should not be assigned to a single end market.","IQE said demand for indium phosphide (InP) from data-centre and AI infrastructure was driving volume growth, and it planned to convert existing tools in the second half to increase InP capacity. The company also reported customer qualifications for gallium-arsenide optical-interconnect technologies, development and sampling of GaN-on-silicon epitaxy for microLED applications, and qualification work on GaN-on-silicon power epitaxy for AI data-centre power supplies. These describe investment, development or customer qualification stages; the release does not give a new fully operational capacity figure or contract value. Materials layers and customer approvals are inputs to chip supply chains, but they do not by themselves measure broader data-centre investment.","At 30 June, cash and cash equivalents were £41.6 million and adjusted net cash, excluding lease liabilities, was £30.2 million. IQE had reported adjusted net debt of £23.5 million a year earlier; it said completion of a strategic review and proceeds from fundraising contributed to the change. Management maintained its financial-year 2026 expectation of revenue growth above 30% year on year and adjusted EBITDA in the low tens of millions of pounds. This is company guidance, not a realised result. IQE also announced its intention to apply to move its shares to the London Stock Exchange Main Market, targeting the first half of 2027. The results point to stronger demand in some materials markets, but losses, cash flows, customer qualification and forward guidance need to be assessed separately."],"key_points":[],"sections":[]},"text":"The Wales-based epitaxy supplier reported £64.6 million revenue and £6.0 million adjusted EBITDA for the six months ended June.\n\nWales-based compound semiconductor wafer and advanced materials supplier IQE reported unaudited results for the first half of 2026 on 7 September. Revenue for the six months ended 30 June increased 43% from £45.3 million in the prior-year period to £64.6 million. The company moved adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) to a £6.0 million profit from a £0.4 million loss. This is a company-reported management measure, not net profit after tax. Adjusted loss before tax was £8.2 million and the reported loss before tax was £12.6 million.\n\nPhotonics revenue was £38.5 million, up 45% year on year. IQE attributed this to the release of funding for certain US defence programmes and continued growth in AI and data-centre markets. Wireless revenue rose 40% to £26.0 million. IQE said higher utilisation of manufacturing assets and a larger photonics sales mix supported gross margins. These segment increases are the company’s reported revenue; they are not end sales by chipmakers or growth rates for the semiconductor market as a whole. IQE supplies wafer epitaxy and materials solutions used in different devices and systems, so the figures should not be assigned to a single end market.\n\nIQE said demand for indium phosphide (InP) from data-centre and AI infrastructure was driving volume growth, and it planned to convert existing tools in the second half to increase InP capacity. The company also reported customer qualifications for gallium-arsenide optical-interconnect technologies, development and sampling of GaN-on-silicon epitaxy for microLED applications, and qualification work on GaN-on-silicon power epitaxy for AI data-centre power supplies. These describe investment, development or customer qualification stages; the release does not give a new fully operational capacity figure or contract value. Materials layers and customer approvals are inputs to chip supply chains, but they do not by themselves measure broader data-centre investment.\n\nAt 30 June, cash and cash equivalents were £41.6 million and adjusted net cash, excluding lease liabilities, was £30.2 million. IQE had reported adjusted net debt of £23.5 million a year earlier; it said completion of a strategic review and proceeds from fundraising contributed to the change. Management maintained its financial-year 2026 expectation of revenue growth above 30% year on year and adjusted EBITDA in the low tens of millions of pounds. This is company guidance, not a realised result. IQE also announced its intention to apply to move its shares to the London Stock Exchange Main Market, targeting the first half of 2027. The results point to stronger demand in some materials markets, but losses, cash flows, customer qualification and forward guidance need to be assessed separately.","corrections":[],"editorial_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"},"section_illustration":{"kind":"symbolic-editorial-illustration","documentary":false,"scope":"section","asset_id":"business","url":"https://haberpaper.com/assets/illustrations/business-1536.webp","width":1536,"height":1024,"alt":"Symbolic industrial workshop with machinery, a warehouse and a crane.","language":"en"}}}