IMI plc (IMI) Earnings Call Transcripts

IMI plc's Latest Earnings Call - Q1 FY2026

Integrated Micro-Electronics, Inc. (IMI) reported its Q1 2026 earnings, highlighting a stable revenue performance despite global macroeconomic challenges. Revenue remained flat year-over-year, with improvements in gross profit margins due to better material costs and footprint consolidation. Operating income saw a significant improvement, reaching a margin of 4.9%. Management expressed optimism for Q2, expecting a robust performance with secured business that was delayed rather than lost. The company maintained its guidance, with no adverse impact from the Middle Eastern conflict.

Reported metrics

Guidance from management

Management maintained guidance, expecting a robust Q2 with secured business. They emphasized the absence of adverse impacts from the Middle Eastern conflict.

What management said

Okay. We have a question. You mentioned that several new programs were pushed out rather than lost. Could you quantify [ all of them ] from the first quarter into the succeeding quarters? And how much of that is already secured versus still uncertain? On the topic of how much of that is secured versus uncertain, all of it is secured. Basically, all of it is awarded business. It's just a matter of timing. To quantify ...

We don't want to give out any projections, Brian. But I'd say that our forecast -- our current forecast for Q2 is quite robust. and significantly -- there'll be a significant improvement over Q1. I don't want to tie any specific numbers to it, but the forecast for Q2 is strong.

What analysts pressed on

Analysts questioned the timing of delayed programs and sought clarity on secured versus uncertain business. Management assured that all delayed programs are secured and forecasted a strong Q2.

Main topics on the call

• Global Macro Environment Impact — Despite the Middle Eastern conflict and increased global inflation, IMI reported no adverse impact on its operations. Management emphasized contingency plans and collaboration with customers and suppliers to manage poten...
• Mobility Segment Trends — The Mobility segment showed a 1% year-over-year increase, driven by a 26% rise in battery electric vehicle sales. Management highlighted the growth in ADAS and driver monitoring systems, projecting further demand due to ...
• Non-Mobility Segment Performance — Non-Mobility business remained flat year-over-year, accounting for 36% of the company's non-core business. The segment faced demand push-outs in wireless payment applications but is focusing on data centers and medical s...
• Financial Performance — Operating income improved significantly due to better gross profit margins and reduced general and administrative expenses. Net income exceeded both Q1 of last year and the previous quarter, aided by reduced debt levels.

Read the full IMI plc transcript (Q1 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 55 IMI plc earnings call transcripts on record, spanning February 19, 2020 to July 31, 2026. Based on this history, IMI plc reports quarterly. The most recent call on file is dated July 31, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

IMI

Exchange

LSE

Country

GB

Sector

Industrials

Industry

Machinery

Calls on record

55

First call

February 19, 2020

Most recent

July 31, 2026

Reporting cadence

quarterly