Recently, ams OSRAM unveiled its financial results for the first half of 2026. The conglomerate's revenue for the period stood at €1.601 billion (approximately RMB 12.462 billion), showing minimal change from the corresponding period in the previous year. Its adjusted EBITDA reached €267 million, translating to a profit margin of 16.7%. Plagued by one-off factors, including substantial redemption premium expenses and transformation costs, the company posted a net loss of €121 million in Q2 and a net loss of €276 million for the first half of the year. Nevertheless, both losses have contracted markedly compared to the preceding period.

In Q2, the Group's revenue hit €805 million (around RMB 6.266 billion), marking a 4% YoY and a 1% QoQ increase, and hitting the upper end of the guidance range. Its adjusted EBITDA stood at €136 million, with a corresponding profit margin of 16.9%, also reaching the upper limit of the guidance.

Analyzed by division, the optical semiconductors (OS) unit generated revenue of €364 million (approximately RMB 2.912 billion) in Q2, up 6% YoY and 11% QoQ. This comprehensive improvement was driven by both seasonal and structural factors in the automotive and industrial markets. Its adjusted EBITDA reached €65 million, a 18% QoQ increase. However, the profit margin dipped from 22.9% to 17.7% due to exchange rate fluctuations and rising raw material costs.

The CMOS sensors and application-specific integrated circuits (CSA) unit reported revenue of €257 million (around RMB 2.056 billion) in Q2, up 7% YoY and 14% QoQ. This growth was spurred by seasonal recovery in the consumer business and robust performance in the non-optical sensor segment. Its adjusted EBITDA soared to €42 million, a significant 75% QoQ increase, with a profit margin of 16.3%.

The lighting and systems (L&S) unit posted revenue of €184 million (approximately RMB 1.472 billion) in Q2, down 4% YoY and 25% QoQ, primarily due to the deconsolidation following the divestiture of entertainment and industrial lighting businesses. Its adjusted EBITDA was €34 million (around RMB 272 million), up 16% YoY, with a profit margin of 18.3%, a 3.1 percentage point increase from the same period last year, indicating further enhanced profitability post-business contraction.