Management remarks
Call period: 2026 Q3 · 2026-08-19
Guidance: Richard C. Puccio Jr.: So, basically, at the midpoint of our outlook, you know, we are expecting industrial to be up high single digits Communications lead the growth, obviously, led by data center up about 10%, consumer up high single digits, and automotive to be up low single digits.Demand and orders: Vincent T. Roche: Based on current design wins and customer commitments, our OCS revenue is poised to approximately double this year and we are targeting a similar level of growth in 2027.Margins: Richard C. Puccio Jr.: OpEx in the quarter was $907 million resulting in an operating margin at the high end of our outlook or 50%, is up 100 basis points sequentially and 780 basis points year over year driven by improved gross margin and execution discipline.Analyst Q&A
Analyst Joshua Buchalter asked: The 74% gross-margin outlook, you know, is pretty staggering, and we are back to those 2022 peak levels. it is also coming without all that much incremental utilization torque. I guess bigger picture, through cycle, is that a number that you think you can sort of hold and grow off of? Management Richard C. Puccio Jr. answered: Sure. So I do think as a previously mentioned, Joshua, we can continue to grow, let's say, continue to maintain that sort of roughly 74% level. And we will continue to focus, and I said this in the in the last call, we will continue to on growth investments. Which some of them may put some pressure on margins as we expand revenue growth dollars. When you look at the balance of our portfolio and the parts of the portfolio that continue to grow, the opportunity to maintain that margin exists.管理层陈述
电话会期间：2026 Q3 · 2026-08-19
指引：小理查德·C·普乔表示：在我们展望的中点，我们预计工业板块营收将实现高个位数增长，通信板块为增长主力，显然以数据中心业务为主要驱动力，增长约10%，消费板块营收实现高个位数增长，汽车板块营收实现低个位数增长。需求与订单：文森特·T·罗什表示：基于当前的设计中标和客户承诺，我们的OCS收入今年有望实现约翻番，我们的目标是在2027年实现类似的增长水平。利润率：小理查德·C·普乔表示：本季度营业费用为9.07亿美元，营业利润率处于我们预期区间的高端，即50%，环比增长100个基点，同比增长780个基点，这得益于毛利率提升和运营纪律性加强。分析师问答
分析师约书亚·布查尔特提问：74%的毛利率展望已回到2022年峰值水平，且几乎没有带来太多增量利用率提升，从整个周期来看，你们认为该毛利率水平能否维持并在此基础上实现增长？管理层理查德·C·普乔小作答：约书亚，正如此前提及的，我们可以维持约74%的毛利率水平并实现持续增长。我们将继续推进增长投资，部分投资在扩大营收增长的同时可能会给利润率带来压力，但从业务组合及持续增长的板块来看，维持该毛利率水平具备可行性。This earnings-call research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报电话会研究基于公司公告、监管文件、财务报表，以及真实电话会文字稿或官方回放整理。内容仅供参考，不构成投资建议。
