Company: AMKR
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0001047127-25-000190
Chunk: 215

Company: AMKOR TECHNOLOGY, INC.
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 2
Chunk 215
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For the Nine Months Ended September 30,2025202420252024Net sales100.0 %100.0 %100.0 %100.0 %Cost of sales:Materials57.5 %58.4 %54.6 %55.2 %Labor9.2 %8.7 %10.8 %10.0 %Depreciation7.5 %7.4 %9.0 %8.5 %Other manufacturing costs11.5 %10.9 %12.7 %11.7 %Gross margin14.3 %14.6 %12.9 %14.6 %Selling, general and administrative4.2 %4.3 %4.4 %5.6 %Research and development2.1 %2.3 %2.7 %2.6 %Operating income8.0 %8.0 %5.9 %6.5 %Net income attributable to Amkor6.4 %6.6 %4.2 %5.3 %

Net Sales

For the Three Months Ended September 30,For the Nine Months Ended September 30,20252024Change20252024Change(In thousands, except percentages)Net sales$1,986,968 $1,861,589 $125,379 6.7 %$4,819,935 $4,688,574 $131,361 2.8 %

The increase in net sales for the three months ended September 30, 2025 compared to the three months ended September 30, 2024 was primarily due to growth in our computing and communications end markets.  The computing and communications end markets grew 23% and 5%, respectively, for the three months ended September 30, 2025 compared to 2024, primarily driven by strong demand across all computing applications and in premium tier smartphones.  

The increase in net sales for the nine months ended September 30, 2025 compared to the nine months ended September 30, 2024 was primarily due to growth in our computing and consumer end markets, partially offset by a decrease in the communications end market.  The computing and consumer end markets grew 20% and 18%, respectively, for the nine months ended September 30, 2025 compared to