Macronix Swings to Profit in Q1 as NAND Flash Revenue Surges 90%
Fueled by high demand for eMMC and SLC NAND, memory maker Macronix turned a profit in Q1 2026.
📋 Article Processing Timeline
- 📰 Published: April 27, 2026 at 18:13
- 🔍 Collected: April 27, 2026 at 18:31 (17 min after Published)
- 🤖 AI Analyzed: April 28, 2026 at 22:28 (27h 56m after Collected)
Memory giant Macronix (MXIC) reported its Q1 2026 financial results, highlighting a return to profitability. The company posted a revenue of NT$10.469 billion, a 35% increase QoQ, with a net profit of NT$1.779 billion.
The primary driver was the NAND Flash segment, which grew by 90% QoQ. Within this segment, eMMC revenue rose by 94% and SLC NAND by 88%. Conversely, the ROM segment saw a 9% decline due to the Nintendo Switch lifecycle.
Chairman Miin Wu expressed optimism, stating that the supply-demand gap remains huge, and he expects stronger growth in Q2. Furthermore, Macronix revealed its products have passed certifications for the LEO satellite market.
The primary driver was the NAND Flash segment, which grew by 90% QoQ. Within this segment, eMMC revenue rose by 94% and SLC NAND by 88%. Conversely, the ROM segment saw a 9% decline due to the Nintendo Switch lifecycle.
Chairman Miin Wu expressed optimism, stating that the supply-demand gap remains huge, and he expects stronger growth in Q2. Furthermore, Macronix revealed its products have passed certifications for the LEO satellite market.