Kioxia Holdings Corporation/ADR (KXIAY)
Kioxia Holdings Corporation engages in research, development, manufacturing, sales, and other services of memory and related products for solid state drives (SSDs) and storage and smart devices in Japan, North America, Europe, and Asia. The company offers flash memory, SSDs, SD memory cards, and other retail products. It is also involved in the product and software development of SSD products; marketing of memory and SSD products; production management of subcontracted production in the post-process of memory; production and distribution of memory and photomask for semiconductor products; energy management business; and entrusted engineering work of CIM developments, as well as provides cleaning and health keeping for development center, and customer support services. The company was formerly known as Toshiba Memory Holdings Corporation and changed its name to Kioxia Holdings Corporation in October 2019. Kioxia Holdings Corporation was incorporated in 2019 and is headquartered in Minato, Japan.
Industry: Semiconductors
Kioxia Holdings Corporation
OTC:KXIAYTechnology · Semiconductors
PrePre-market-2.56%$5.32
Close$5.46-2.56%Now$5.32
Close$5.46+8.12%
Mkt Cap$872.6B
Float-
O/S159.82B
PM VOL59K sh
$ Vol≈$311K
Inst Own-
Div Yield0.35%
Dilution
Financials Summary
Revenue$14.76B
Net Income$3.5B
Total Assets$23.31B
Free Cash Flow$2.1B
Debt & Equity
Debt 47%
Equity 53%
Total Debt$7.92B
Total Equity$8.84B
Shares Outstanding
Short Interest
Split History2 splits
- 3:1Forward splitOct 9, 20261 share → 3
- 10:1Forward splitFeb 13, 20261 share → 10
Balance Sheet Details
Assets$23.31B
Liabilities$14.47B
Accounts Receivable$4.17B
Accounts Payable$3.76B
Inventory$2.61B
PP&E (Net)$7.79B
Goodwill$2.5B
Intangible Assets$70.69M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
| Revenue | $14.76B | $10.78B | $6.8B |
| YoY Growth | 37.0% | 58.5% | - |
| Cost of Revenue | $8.37B | $7.18B | $7.62B |
| Gross Profit | $6.4B | $3.6B | -$816.95M |
| Gross Margin | 43.3% | 33.4% | -12.0% |
| Research and Development | $0 | $0 | $0 |
| Selling, General, and Administrative | $925.82M | $807.52M | $813.35M |
| Other | -$25.56M | -$64.21M | -$34.23M |
| Total Operating Expenses | $900.27M | $743.31M | $779.12M |
| Operating Income (EBIT) | $5.5B | $2.85B | -$1.6B |
| Operating Margin | 37.2% | 26.5% | -23.5% |
| Interest Expense | $610.82M | $538.94M | $585.76M |
| Interest Income | $60M | $23.41M | $11.67M |
| Other Income (Expense) | -$544.92M | -$512.1M | -$572.44M |
| Income Before Tax (EBT) | $4.95B | $2.34B | -$2.17B |
| Income Tax Expense | $1.45B | $621.18M | -$629.14M |
| Net Income | $3.5B | $1.72B | -$1.54B |
| Net Income Margin | 23.7% | 16.0% | -22.6% |
| Supplementary Data | |||
| EPS | 3.41 | 1.73 | -1.57 |
| Diluted EPS | 3.36 | 1.72 | -1.57 |
| Weighted Average OS | 162.44B | 157.12B | 155.25B |
| EBITDA | $7.54B | $4.85B | $603.04M |
| EBITDA Margin | 51.1% | 45.0% | 8.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $2.97B | $1.06B | $2.99M |
| Short-Term Investments | $45.42M | $25.08M | $0 |
| Cash and Short-Term Investments | $3.02B | $1.09B | $2.99M |
| Accounts Receivable | $4.17B | $2.4B | $4.51B |
| Inventory | $2.61B | $2.23B | $0 |
| Other Current Assets | $421.66M | -$848.24M | $139K |
| Total Current Assets | $10.22B | $5.1B | $4.55B |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $7.79B | $8.19B | $0 |
| Goodwill | $2.5B | $2.5B | $0 |
| Intangible Assets | $70.69M | $67.32M | $0 |
| Long-Term Investments | $0 | $0 | $0 |
| Deferred Tax Assets | $1.12B | $2.02B | $7.49M |
| Other Long-Term Assets | $1.61B | $572.55M | $7.26B |
| Total Long-Term Assets | $13.09B | $13.35B | $7.27B |
| Other Assets | $0 | $0 | $6K |
| Total Assets | $23.31B | $18.44B | $11.82B |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $3.76B | $3.18B | $37.08M |
| Short-Term Debt | $1.11B | $1.56B | $4.42B |
| Current Income Tax Payable | $660.14M | $241.17M | $2.92M |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $1.13B | $972.37M | $56.25M |
| Total Current Liabilities | $6.94B | $6.22B | $4.52B |
| Long-Term Liabilities | |||
| Long-Term Debt | $5.51B | $3.36B | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $4.56M | $19K | $0 |
| Other Long-Term Liabilities | $1B | $3.07B | $15.25M |
| Total Long-Term Liabilities | $7.54B | $7.56B | $15.25M |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $14.47B | $13.78B | $4.54B |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $197.59M | $159.41M | $63.16M |
| Retained Earnings | $2.32B | -$1.2B | $15.5M |
| Comprehensive Income & Other | $0 | $0 | $0 |
| Other Stockholders' Equity | $6.32B | $5.7B | $7.2B |
| Total Equity | $8.84B | $4.66B | $7.28B |
| Minority Interest | $947K | $827K | $0 |
| Total Liabilities and Equity | $23.31B | $18.44B | $11.82B |
| Supplementary Data | |||
| Total Debt | $7.92B | $6.31B | $4.42B |
| Net Debt | $4.94B | $5.25B | $4.42B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
| Operating Activities | |||
| Net Income | $4.95B | $2.34B | -$2.17B |
| Depreciation & Amortization | $1.98B | $1.97B | $2.19B |
| Deferred Income Tax | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 |
| Changes in Working Capital: | |||
| Accounts Receivable | -$2.51B | -$564.41M | -$154.19M |
| Inventory | -$352.22M | -$518.5M | $596.7M |
| Accounts Payable | $0 | $0 | $0 |
| Other Working Capital | $331.1M | -$75.77M | $469.24M |
| Total Working Capital Change | -$2.53B | -$1.16B | $911.74M |
| Other Non-Cash Items | -$501.13M | -$145.97M | $303.32M |
| Net Cash from Operating | $3.89B | $3.01B | $1.23B |
| Investing Activities | |||
| Capital Expenditures | -$1.78B | -$1.41B | -$1.92B |
| Acquisitions | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 |
| Other Investing Activities | $376.12M | $321.09M | $186.85M |
| Net Cash from Investing | -$1.4B | -$1.09B | -$1.74B |
| Financing Activities | |||
| Debt Repaid | -$1.55B | $1.25B | $380.94M |
| Common Stock Issuance | $0 | $191.8M | $0 |
| Common Stock Repurchases | -$2.04B | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 |
| Other Financing Activities | -$192.82M | -$181.82M | -$173.89M |
| Net Cash from Financing | -$606.81M | -$2.04B | $20.45M |
| Forex Effect | $24.13M | -$2.44M | $17.34M |
| Net Change in Cash | $1.91B | -$124.18M | -$465.86M |
| Supplementary Data | |||
| Operating Cash Flow | $3.89B | $3.01B | $1.23B |
| Capital Expenditure | -$1.79B | -$1.42B | -$1.93B |
| Free Cash Flow | $2.1B | $1.58B | -$694.68M |
| Cash at Beginning | $1.06B | $1.18B | $1.65B |
| Cash at End | $2.97B | $1.06B | $1.18B |