Every material Form 8-K MAGNACHIP SEMICONDUCTOR Corp has filed with the SEC since July 29, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Magnachip reported third-quarter 2026 revenue of $44.0 million, within its guidance range but down 4.3% from a year earlier, and a gross margin of 14.0%, below its 17% to 19% guidance range, mainly due to unfavorable foreign exchange movements. The loss from continuing operations widened to $13.3 million, or $0.36 per share, from $7.6 million in the second quarter. For shareholders, the company guided fourth-quarter gross margin to 10% to 12%, with revenue of $41.0 million to $45.0 million.
Q3 2026 net sales were $44.0 million, down 1.6% from Q2 2026 and down 4.3% from Q3 2025.
Q3 gross profit margin was 14.0%, versus guidance of 17.0% to 19.0%, and 19.3% in Q2 2026.
Q3 loss from continuing operations was $13.3 million, or $0.36 per share, compared with $7.6 million in Q2 2026.
Q4 2026 guidance: revenue of $41.0 million to $45.0 million and gross margin of 10% to 12%; the company cited a fab power shutdown tied to a substation upgrade and Korean Won appreciation.
Magnachip Semiconductor agreed on September 18, 2026, to issue 1,461,988 common shares to Navitas Semiconductor for $5 million in a private placement. The company says the investment builds on the strategic partnership with Navitas, under which Magnachip licenses Navitas' GeneSiC silicon carbide technology, and the closing is expected on or about September 24, 2026. Shareholders will see new shares issued, and Magnachip must file a resale registration statement on Form S-3 within 30 days after closing.
Stock purchase agreement dated September 18, 2026, with Navitas for 1,461,988 shares at $3.42 per share
Aggregate proceeds of $5 million; closing expected on or about September 24, 2026, subject to customary conditions
Shares were not registered under the Securities Act and were issued under Section 4(a)(2) or Rule 506 of Regulation D
Magnachip must file a Form S-3 resale registration within 30 days after closing
Magnachip reported second-quarter 2026 net sales of $44.7 million, down 6.1% from a year earlier and within its guidance range. The company posted a GAAP net loss of $4.8 million, compared with net income of $323 thousand in the second quarter of 2025, and guided third-quarter revenue lower, which may weigh on shareholder returns.
Q2 2026 net sales were $44.7 million, down 6.1% from $47.6 million in Q2 2025 and down 3.3% from $46.2 million in Q1 2026.
GAAP net loss was $4.8 million, or $(0.13) per diluted share, versus net income of $323 thousand in Q2 2025.
Q3 2026 revenue guidance is $41.5 million to $45.5 million, a 5.2% decline year over year at the midpoint; gross margin guidance is 17% to 19%.
Q2 other charges of $2.0 million included a $1.1 million customer goodwill payment and $886 thousand of one-time employee incentives.
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