Macronix reported its Q4 2025 financial results, showcasing a significant recovery even as the overall memory market enters a broad price hike cycle, driven notably by surging demand for NOR Flash from AI servers. While the company has not yet returned to profitability, its improvement is stark.

For Q4, Macronix posted revenue of NT$7.729 billion. The standout metric was a remarkable surge in gross margin to 24.2%, a substantial increase of 10.7 percentage points from the previous quarter. This significant improvement is attributed to optimized product mix, higher capacity utilization, and price increases for NOR Flash.

The pace of operational recovery accelerated significantly. The Q4 operating loss margin was -5.1%, a sharp improvement of 8.8 percentage points from the -13.9% recorded in Q3. On the bottom line, the Q4 net loss narrowed to NT$294 million, representing a 66% sequential improvement and an 81% year-over-year improvement.

Looking ahead, Macronix is planning a NT$22 billion capacity expansion to capture the AI-driven supply-demand gap in the NOR Flash market and advance high-end product mass production.

ICgoodFind : Macronix's Q4 results highlight a powerful operational turnaround. Although still unprofitable, the dramatic improvements in gross margin and loss reduction point to a company effectively leveraging the AI-driven NOR Flash demand surge and positioning for a potential return to profitability.