Renesas Electronics announced FY2026 first‑quarter results. Revenue jumped 20.6% YoY to 372.3 billion yen. Operating profit surged 49.6% to 125.4 billion yen. Net profit rose 40.4% to 102.9 billion yen – all beating market expectations.
Gross margin hit 59.2% (above 58.5% guidance), operating margin 33.7% (above 32.0% guidance).
Automotive business revenue grew 10.6% to 171.7 billion yen, operating profit up 33.8%. Industrial / Infrastructure / IoT revenue jumped 32.0% to 199.0 billion yen, operating profit nearly doubled (+99.4%) – driven by data center and AI infrastructure demand.
For Q2, Renesas expects Non‑GAAP revenue around 388 billion yen, gross margin 57.0%, operating margin 29.0%.
The company noted some customers are seeking long‑term supply agreements to secure capacity.
ICgoodFind: Renesas delivered strong Q1 growth – auto recovery + data center boom. Solid outlook ahead.
