AMKOR TECHNOLOGY, INC. AMKR
Amkor is the world's largest U.S. headquartered outsourced semiconductor assembly and test service provider ("OSAT") and is a global leader in outsourced semiconductor packaging and test services. With a strong track record of innovation, a broad and diverse geographic footprint and solid partnerships with lead customers, Amkor delivers high-quality solutions that enable the world's leading semiconductor and electronics companies to bring advanced technologies to market. The company's comprehensive portfolio includes advanced packaging, wafer-level processing and system-in-package solutions targeting applications for smartphones, data centers, artificial intelligence, automobiles and wearables. Amkor has built a leading position by:
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $6.71B | $6.32B | $6.50B | $7.09B | $6.14B | $5.05B | $4.05B | $4.32B | $4.21B | $3.93B |
| Cost of revenue | $5.77B | $5.38B | $5.56B | $5.76B | $4.91B | $4.15B | $3.40B | $3.61B | $3.45B | $3.22B |
| Gross profit | $938.6M | $933.2M | $943.2M | $1.33B | $1.23B | $900.8M | $649.4M | $710.6M | $761.1M | $709.9M |
| R&D | $166.7M | $163.0M | $177.5M | $149.4M | $166.0M | $140.7M | $137.6M | $157.2M | $166.6M | $117.2M |
| SG&A | $304.5M | $331.8M | $295.4M | $283.4M | $296.1M | $302.8M | $278.6M | $295.2M | $297.0M | $284.1M |
| Total operating expenses | $471.2M | $494.8M | $472.9M | $432.8M | $462.1M | $443.6M | $416.3M | $452.4M | $355.5M | $401.3M |
| Operating income | $467.4M | $438.5M | $470.3M | $897.2M | $763.4M | $457.2M | $233.2M | $258.1M | $405.5M | $308.6M |
| Interest expense | $75.4M | $64.9M | $59.0M | $58.6M | $51.5M | $64.2M | — | $78.9M | $83.8M | $79.7M |
| Pre-tax income | $444.6M | $431.0M | $443.8M | $856.9M | $715.1M | $386.7M | $159.8M | $185.8M | $307.5M | $229.7M |
| Income tax | $68.5M | $75.5M | $81.7M | $89.9M | $69.5M | $46.2M | $37.2M | $56.2M | $39.8M | $51.0M |
| Net income | $373.9M | $354.0M | $359.8M | $765.8M | $643.0M | $338.1M | $120.9M | $127.1M | $263.6M | $175.5M |
| EPS, basic | 1.51 | 1.44 | 1.46 | 3.13 | 2.64 | 1.40 | 0.50 | 0.53 | 1.10 | 0.74 |
| EPS, diluted | 1.50 | 1.43 | 1.46 | 3.11 | 2.62 | 1.40 | 0.50 | 0.53 | 1.10 | 0.74 |
| Shares, diluted (wtd. avg.) | $248.5M | $247.8M | $247.2M | $246.2M | $245.7M | $242.2M | $240.1M | $239.7M | $239.7M | $238.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $1.38B | $1.13B | $1.12B | $962.4M | $831.5M | $702.2M | $898.5M | $688.1M | $602.9M | $555.5M |
| Short-term investments | $613.0M | $513.0M | $474.9M | $282.0M | $251.5M | $133.8M | $6.3M | — | — | — |
| Receivables | $1.35B | $1.06B | $1.15B | $1.37B | $1.26B | $962.6M | $850.8M | $724.5M | $798.3M | $563.1M |
| Inventory | $437.8M | $310.9M | $393.1M | $629.6M | $485.0M | $297.3M | $220.6M | $230.6M | $213.6M | $268.0M |
| Total current assets | $3.88B | $3.07B | $3.20B | $3.30B | $2.86B | $2.13B | $2.00B | $1.67B | $1.64B | $1.41B |
| Property, plant and equipment | — | — | — | — | — | $2.57B | $2.40B | $2.65B | $2.70B | $2.56B |
| Goodwill | $18.0M | $17.9M | $20.0M | $21.5M | $24.5M | $27.3M | $26.0M | $25.7M | $25.0M | $24.1M |
| Total assets | $8.14B | $6.94B | $6.77B | $6.82B | $6.04B | $5.02B | $4.70B | $4.50B | $4.51B | $4.09B |
| Accounts payable | $912.8M | $712.9M | $754.5M | $899.2M | $828.7M | $636.4M | $571.1M | $530.4M | $569.1M | $487.4M |
| Short-term debt | $162.4M | $236.0M | $131.6M | $143.8M | $153.0M | $149.0M | $144.5M | $114.6M | $123.8M | $35.2M |
| Total current liabilities | $1.71B | $1.46B | $1.38B | $1.66B | $1.68B | $1.32B | $1.06B | $1.16B | $1.32B | $1.01B |
| Long-term debt | $1.28B | $923.4M | $1.07B | $1.09B | $985.0M | $1.01B | $1.31B | $1.22B | $1.24B | $1.36B |
| Total liabilities | $3.63B | $2.76B | $2.78B | $3.12B | $3.07B | $2.67B | $2.71B | $2.64B | $2.79B | $2.69B |
| Retained earnings | $2.63B | $2.34B | $2.16B | $1.87B | $1.16B | $562.5M | $234.1M | $113.2M | -$13.9M | -$303.6M |
| Total equity | $4.47B | $4.15B | $4.00B | $3.70B | $2.97B | $2.35B | $1.99B | $1.86B | $1.72B | $1.43B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.10B | $1.09B | $1.27B | $1.10B | $1.12B | $770.0M | $563.9M | $663.4M | $618.3M | $729.4M |
| Depreciation and amortisation | $642.0M | $594.7M | $631.5M | $612.7M | $563.6M | $510.4M | $524.2M | $572.0M | $581.9M | $555.2M |
| Stock-based compensation | $20.1M | $18.4M | $8.3M | $13.6M | $11.0M | $8.0M | $6.9M | $5.0M | $5.1M | $3.3M |
| Capital expenditure | $904.6M | $743.8M | $749.5M | $908.3M | $779.8M | $553.0M | $472.4M | $547.1M | $550.9M | $650.0M |
| Investing cash flow | -$885.0M | -$800.3M | -$951.9M | -$1.01B | -$943.9M | -$638.7M | -$462.5M | -$537.4M | -$454.8M | -$589.4M |
| Financing cash flow | $98.7M | -$260.4M | -$149.2M | $55.6M | -$30.1M | -$333.7M | $108.2M | -$40.6M | -$124.9M | -$112.2M |
| Dividends paid | $81.9M | $178.6M | $74.7M | $55.1M | $51.2M | $0 | $0 | — | — | — |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001047127-26-000014.
Others in SIC 3674
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NVDA | NVIDIA CORP | $5.55T | 47.0x | 65.5% |
| AVGO | Broadcom Inc. | $1.70T | 75.0x | 23.9% |
| MU | MICRON TECHNOLOGY INC | $1.15T | 133.9x | 48.9% |
| AMD | ADVANCED MICRO DEVICES INC | $779.62B | 180.2x | 34.3% |
| INTC | INTEL CORP | $483.22B | — | -0.5% |
| AMAT | APPLIED MATERIALS INC /DE | $360.86B | 52.5x | 4.4% |
| TXN | TEXAS INSTRUMENTS INC | $236.02B | 47.4x | 13.0% |
| MRVL | Marvell Technology, Inc. | $196.03B | 72.8x | 42.1% |