TSMC today announced consolidated revenue of NT$1,134.10 billion, net income of NT$572.48 billion, and diluted earnings per share of NT$22.08 (US$3.49 per ADR unit) for the first quarter ended March 31, 2026.
As Reuters notes, a net profit above NT$505.7 billion would mark its highest-ever quarterly level and extend its profit streak to nine consecutive quarters, the report adds.
Year-over-year, first quarter revenue increased 35.1%, while net income and diluted EPS both increased 58.3%. Compared to fourth quarter 2025, first quarter results represented an 8.4% increase in revenue and a 13.2% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.
In US dollars, first quarter revenue was $35.90 billion, which increased 40.6% year-over-year and increased 6.4% from the previous quarter.
Gross margin for the quarter stood at 66.2%, with operating margin at 58.1% and net profit margin at 50.5%.
Notably, TSMC’s gross margin climbed to a record 62.3% in 4Q25, before setting another all-time high in 1Q26, surpassing the upper end of its 63%–65% guidance range.
In the first quarter, shipments of 3-nanometer accounted for 25% of total wafer revenue; 5-nanometer accounted for 36%; 7-nanometer accounted for 13%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 74% of total wafer revenue.
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(Photo credit: TSMC)
Please note that this article cites information from TSMC and Reuters.