Ams-OSRAM Reports Strong Q1 2026 Results and AI Market Entry

In Q1 2026, ams-OSRAM AG reported robust results with revenues of EUR 796 million and an adjusted EBITDA margin of 16.5%. The company achieved a 9% year-on-year growth in its semiconductor core portfolio. Additionally, free cash flow totaled EUR 37 million, bolstered by proceeds from divestments.

A significant development for ams-OSRAM is its entry into the AI market. The company signed an agreement with a leading AI photonics customer, focusing on digital-photonics technologies for optical interconnects in AI data centers. This aligns with their strategy in digital photonics aimed at driving long-term growth.

For Q2 2026, the company expects revenues to range between EUR 725 to 825 million. The anticipated EBITDA margin is approximately 15.5%, reflecting a seasonal boost in the semiconductor business. Looking ahead, positive free cash flow is projected for 2027.