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Kioxia: Fiscal 1Q25 Financial Results

Revenue of JPY 342.8 billion, down 1.2% Q/Q and down 20% Y/Y

Kioxia Holdings Corp. has produced its 3 months earnings ended June 30, 2025, without a real press release, it was more a financial document. The full document is available here.

Kioxia Logo

We extract some interesting informations from it and we use a conservative JPY 1,000 for $6.73.

The 1Q26 revenue was established at JPY 342.8 billion or $2.3 billion, down 20% YoY coming from JPY 428.5 or $2.9 billion. 63% of the revenue was generated by SSD and storage including memory products for PCs. Results show that the enterprise and data center demands are solid driving the positive revenue curve.

The recent full fiscal year 2025 ended March 2025 was at $11.4 billion up 58% from previous year.

In terms of products, the FMS conference has confirmed some key developments for the company especially around high capacity 245TB QLC SSD with the LC9 and also the 9th generation of BiCS flash TLC.

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