Ams OSRAM Delivers High-End Q2 Guidance

ams OSRAM announced its Q2 financials, with results at the high end of guidance and readies microLED arrays for next-generation AR smart glasses.

Revenues reached EUR 805 million, with a 16.9% adjusted EBITDA margin at the high end of guidance.

There was a 13% increase year-on-year, like-for-like growth of the semiconductor core portfolio at constant FX.

“Building on strong core business performance, we are sharpening our focus on Digital Photonics as a key growth driver. Effective July 1, we established dedicated Digital Photonics business lines to accelerate execution and scale our innovation pipeline. We achieved key milestones towards mass-production readiness of our novel microLED array based light engines for next-generation AR smart glasses. In parallel, we are advancing AI photonics with expanding our product portfolio. The momentum towards becoming the leader in Digital Photonics is building and will increasingly translate into our financials.” said Aldo Kamper, CEO of ams OSRAM.

Digital Photonics Strategy Progress

• Augmented Reality smart glasses: microLED-array-based RGB light engines continued to achieve key development milestones for next-generation smart glasses, validating performance leadership and advancing step-by-step towards mass-production readiness.
• AI Photonics: launched development of micro-photodiode arrays for emerging “slow & wide” AI datacenter optical interconnect architectures, expanding BoM coverage
• Divestments: closed the sale of the non-optical sensor business to Infineon on July 1, 2026, and signed the sale of the CMOS image sensor business to Indie Semiconductors in early May 2026