Q2 2026 Earnings: Revenue NT$2,404.5B, EPS NT$49.33
Original: 2026年第2季財報 - 營收2,404,483,690千元, 稅後淨利1,279,582,227千元, EPS 49.33元
Summary
TSMC posted Q2 2026 revenue of NT$2,404.5B and net income after tax of NT$1,279.6B, translating to basic EPS of NT$49.33. Operating income of NT$1,425.6B implies an operating margin of approximately 59.3%, a level that stands well above typical semiconductor-sector benchmarks and reflects sustained AI-driven advanced-node demand. Non-operating income of NT$124.7B provided additional lift, pushing net margin to roughly 53.2%.
Full Translation
Taiwan Semiconductor Manufacturing Co. (TSMC, TWSE: 2330) released its Q2 2026 consolidated earnings on 15 August 2026 (ROC Year 115, Q2). All figures below are converted from NT$ thousands to NT$ billions unless otherwise noted.
Revenue (營業收入): NT$2,404.5B (raw: 2,404,483,690 thousand NTD). This represents the top-line result for the April–June 2026 quarter.
Operating Income (營業利益): NT$1,425.6B (raw: 1,425,568,793 thousand NTD), yielding an operating margin of approximately 59.3%. This is an exceptionally high margin for any large-cap manufacturer and reflects pricing power from leading-edge nodes (likely 3nm/2nm family) serving AI accelerator and HPC customers.
Non-Operating Income and Expenses (營業外收入及支出): NT$124.7B net (raw: 124,660,980 thousand NTD), a positive contributor that includes items such as interest income, foreign-exchange gains/losses, and equity-method investment income.
Net Income After Tax (稅後淨利): NT$1,279.6B (raw: 1,279,582,227 thousand NTD), representing a net profit margin of approximately 53.2%.
Basic EPS (基本每股盈餘): NT$49.33 per share (par value NT$10.00 per common share).
Context: TSMC's par value is NT$10 per share. An EPS of NT$49.33 implies roughly 4.93× book-value earnings power on a per-share par basis. The operating-to-net income spread (NT$1,425.6B operating vs. NT$1,279.6B net) reflects corporate income taxes and other below-the-line adjustments after the NT$124.7B non-operating contribution.