Infineon Q3 Report 2023

Group performance in the third quarter of the 2023 fiscal year

In the third quarter of the 2023 fiscal year, Group revenue was €4,089 million. Compared with revenue in the prior quarter of €4,119 million, this was a decrease of 1 percent corresponding to the slight decline in the US dollar in comparison with the second quarter. Revenue in the Automotive (ATV) and Green Industrial Power (GIP) segments increased slightly. In the Power & Sensor Systems (PSS) segment, revenue decreased slightly, while revenue in the Connected Secure Systems (CSS) segment declined somewhat faster.

The gross margin in the third quarter of the current fiscal year was 44.5 percent, compared with 46.6 percent in the prior quarter. The adjusted gross margin was 46.2 percent, compared with 48.6 percent in the prior quarter.

The Segment Result in the third quarter of the 2023 fiscal year was €1,067 million, compared with €1,180 million in the prior quarter. The Segment Result Margin was 26.1 percent, compared with 28.6 percent in the second quarter of the current fiscal year.

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