Amkor Technology, Inc. filed its 10-Q with the SEC, and its figures are now in our data. Revenue over the twelve months to Q3 2026 was $7.5 billion, up 15.7% on the year before, though that growth rate was down 2.2 percentage points on the rate a quarter earlier.

Amkor Technology, Inc.: growth and cash-generation trends Revenue growth and profitability across reported quarters, trailing twelve months
-10% 0% 10% 20% FY24 Q4 FY25 Q2 FY25 Q4 FY26 Q3 Revenue growth, TTM YoY, FY24 Q4: -2.9% Revenue growth, TTM YoY, FY25 Q1: -1.9% Revenue growth, TTM YoY, FY25 Q2: -1.2% Revenue growth, TTM YoY, FY25 Q3: 0.1% Revenue growth, TTM YoY, FY25 Q4: 6.2% Revenue growth, TTM YoY, FY26 Q1: 12.7% Revenue growth, TTM YoY, FY26 Q2: 17.9% Revenue growth, TTM YoY, FY26 Q3: 15.7% 15.7% Operating margin (TTM), FY24 Q4: 6.9% Operating margin (TTM), FY25 Q1: 6.3% Operating margin (TTM), FY25 Q2: 6.4% Operating margin (TTM), FY25 Q3: 6.5% Operating margin (TTM), FY25 Q4: 7.0% Operating margin (TTM), FY26 Q1: 7.6% Operating margin (TTM), FY26 Q2: 8.6% Operating margin (TTM), FY26 Q3: 9.5% 9.5% FCF margin (TTM), FY24 Q4: 5.5% FCF margin (TTM), FY25 Q1: 3.6% FCF margin (TTM), FY25 Q2: 4.4% FCF margin (TTM), FY25 Q3: 3.6% FCF margin (TTM), FY25 Q4: 2.8% FCF margin (TTM), FY26 Q1: 2.4% FCF margin (TTM), FY26 Q2: -2.3% FCF margin (TTM), FY26 Q3: -2.1% -2.1%

Source: SEC EDGAR XBRL company facts. Latest period shown: FY26 Q3.

View chart data
Period Revenue growth, TTM YoYOperating margin (TTM)FCF margin (TTM)
FY24 Q4 -2.9%6.9%5.5%
FY25 Q1 -1.9%6.3%3.6%
FY25 Q2 -1.2%6.4%4.4%
FY25 Q3 0.1%6.5%3.6%
FY25 Q4 6.2%7.0%2.8%
FY26 Q1 12.7%7.6%2.4%
FY26 Q2 17.9%8.6%-2.3%
FY26 Q3 15.7%9.5%-2.1%

What stands out in the filings

Capital spending rose 120.1%, faster than operating cash flow’s 53.0%, so less of the cash generated was left over.

What the company earns

The business is getting more profitable as it grows. The trailing gross margin was 16.6%. The trailing operating margin was 9.5%, up 3.0 percentage points from a year earlier, while the trailing net margin stood at 8.3%. Net income over the twelve months was $619.5 million, which rose 101.3% on the year before.

The cash picture

Investment is rising faster than operating cash flow, squeezing what is left for shareholders. Operating cash flow over the twelve months was $1.5 billion, up 53.0% on the year before. Capital spending was $1.7 billion, or 22.4% of revenue. Free cash flow, operating cash flow less capital spending, was −$156.1 million. Free cash flow was −2.1% of revenue (the free-cash-flow margin), down 5.7 percentage points from a year earlier.

Share count

The average diluted share count rose 0.7% over the year.

In context

Measured against its own history: today’s free-cash-flow margin of −2.1% is higher than 14% of the company’s own past quarterly readings, which have ranged from −5.2% to 8.0%. Today’s operating margin of 9.5% is higher than 71% of past readings (3.8% to 13.9%). Today’s twelve-month revenue growth rate of 15.7% is higher than 77% of past readings (−9.8% to 35.0%).

Guidance

The company gave its fourth quarter 2026 guidance for net sales of $1.9 billion to $2.0 billion, for gross margin of 18% to 19%, for net income of $160.0 million to $185.0 million, and for per diluted share of $0.65 to $0.75.

Next to watch

The next filing will show whether the trends above continue, slow or reverse.