Infineon Expects Revenue of Around €20 Billion in Fiscal 2027
Key Facts
Infineon expects revenue of around €20 billion in fiscal 2027, assuming an exchange rate of $1.15 per euro, and is targeting a segment result margin in the mid-twenties percentage range. The company announced the outlook on November 10, 2026, alongside its fourth-quarter and fiscal 2026 results for the year ended September 30. The target implies revenue growth of more than 20% in the coming fiscal year, Reuters reported, as published by Euronext. The company also expects profitability to increase by around 5 percentage points. The targets give investors a picture combining sales growth with margin improvement as the company seeks to turn demand for power components into revenue and earnings growth.
Infineon expects revenue from power supplies for data centers to approach €4 billion in fiscal 2027. The company said these products, along with the expansion and modernization of power infrastructure, would be major contributors to growth. It also cited electric mobility and software-defined vehicles as growth sources. This outlook links the company’s power semiconductor business with data center needs, as well as the energy and transport applications it listed. The company presented these areas as drivers of its growth target, without limiting expansion to data centers alone.
The outlook follows Infineon’s fiscal 2026 revenue of €16.353 billion, up 12% year over year. Segment result was €3.223 billion, with a margin of 19.7%. In the fourth quarter of the same year, revenue reached €4.706 billion and segment result was €1.119 billion. The segment result margin in that quarter was 23.8%, above the margin for the full fiscal year. These figures provide the baseline against which the company’s target for a margin in the mid-twenties in fiscal 2027 can be compared.
The company reported adjusted earnings per share of €1.73 in fiscal 2026, alongside free cash flow of €993 million and adjusted free cash flow of €1.925 billion. Infineon plans investments of between €3.0 billion and €3.5 billion in fiscal 2027. The financial outlook therefore combines planned capital spending to support growth targets with the cash flow figures achieved in the previous year. The outlook did not specify how investments would be allocated among the growth areas cited. Chief Executive Jochen Hanebeck said the company was "entering the new fiscal year with continued strong momentum," citing an ongoing cyclical recovery and demand in structural growth areas.
Infineon shares responded to the outlook and results by rising 9.05% to $55.80, according to Investing.com, on November 10, 2026. The move followed the announcement of fiscal 2026 results and fiscal 2027 targets. The share-price gain offers an indication of the market’s reaction on the day of the announcement, while the company’s reported operating figures include expected revenue growth and an improved segment result margin. Infineon set a uniform assumed exchange rate of $1.15 per euro for its fiscal 2027 revenue outlook. It also used the same assumption for its short-term outlook for the first quarter.
For the first quarter of fiscal 2027, the company expects revenue of around €4.6 billion and a segment result margin of about 23%, based on an exchange rate of $1.15 per euro. This outlook provides a nearer-term indicator ahead of the annual revenue and margin targets. The company’s management also intends to propose increasing the cash dividend by €0.03 to €0.38 per share, with the proposal to be presented at the annual general meeting in February 2027. The company had scheduled a press conference for 8:00 a.m. Central European Time on November 10 and a call for analysts and investors for 9:30 a.m. the same day. The dividend proposal is among the next steps announced by the company following its fiscal-year results and new outlook.