TSM · Taiwan Semiconductor Manufacturing Co Ltd

FY 2024 · ended Dec 31, 2024 · vs FY 2023
Earnings report
Revenue $88.27B ▲ +25.0%
Net Income $35.30B ▲ +27.0%
EPS $1.36 ▲ +27.1%
Profitability & Cash Flow
Pro Op Cash Flow · Net Margin · Gross Margin · Op Margin
Capital Returns
Pro Dividends · Stock-based comp · Share change
Balance Sheet
Pro Cash & equivalents · Long-term debt

Taiwan Semiconductor Manufacturing Co Ltd (TSM) filed its latest earnings report on July 16, 2026; detailed figures from it will appear here once available. The most recent complete reporting period is FY 2024. Revenue was $88.27B, up 25.0% year-over-year. Net income was $35.30B (up 27.0%) and EPS was $1.36 (up 27.1%). Source: SEC filing.

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When does TSM report earnings next?

Taiwan Semiconductor Manufacturing Co Ltd has not announced its next earnings date. It last reported on July 16, 2026. The Earnings Watcher sends a free email alert the day it files.

What were TSM's latest earnings results?

Taiwan Semiconductor Manufacturing Co Ltd (TSM) filed its latest earnings report on July 16, 2026; detailed figures from it will appear here once available. The most recent complete reporting period is FY 2024. Revenue was $88.27B, up 25.0% year-over-year. Net income was $35.30B (up 27.0%) and EPS was $1.36 (up 27.1%).

Where can I read TSM's full earnings report?

The full earnings release, as filed with the SEC on July 16, 2026, is available on this page below the summary.

Earnings Report
Filed July 16, 2026
Document
https://www.sec.gov/Archives/edgar/data/1046179/000104617926000451/image_1.jpg
TSMC Reports Second Quarter EPS of NT$27.25


HSINCHU, Taiwan, R.O.C., Jul. 16, 2026 -- TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$1,270.38 billion, net income of NT$706.56 billion, and diluted earnings per share of NT$27.25 (US$4.31 per ADR unit) for the second quarter ended June 30, 2026.

Year-over-year, second quarter revenue increased 36.0%, while net income and diluted EPS both increased 77.4%. Compared to first quarter 2026, second quarter results represented a 12.0% increase in revenue and a 23.4% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

In US dollars, second quarter revenue was $40.20 billion, which increased 33.7% year-over-year and increased 12.0% from the previous quarter.

Gross margin for the quarter was 67.7%, operating margin was 60.3%, and net profit margin was 55.6%.

In the second quarter, shipments of 2-nanometer accounted for 3% of total wafer revenue; 3-nanometer accounted for 30%; 5-nanometer accounted for 33%; and 7-nanometer accounted for 11%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 77% of total wafer revenue.

“Our business in the second quarter was supported by strong demand for our leading-edge process technologies,” said Wendell Huang, Senior VP and Chief Financial Officer of TSMC. “Moving into third quarter 2026, we expect our business to be supported by continued strong demand for our leading-edge process technologies, including the steep ramp-up of our 2-nanometer technology.”

Based on the Company’s current business outlook, management expects the overall performance for third quarter 2026 to be as follows:

•Revenue is expected to be between US$44.6 billion and US$45.8 billion;

And, based on the exchange rate assumption of 1 US dollar to 32 NT dollars,

•Gross profit margin is expected to be between 65% and 67%;
•Operating profit margin is expected to be between 56% and 58%.

https://www.sec.gov/Archives/edgar/data/1046179/000104617926000451/image_1.jpg
TSMC’s 2026 second quarter consolidated results:
(Unit: NT$ million, except for EPS)
2Q26
Amounta
2Q25
Amount
YoY
Inc. (Dec.) %
1Q26
Amount
QoQ
Inc. (Dec.) %
Net sales
1,270,381933,79236.01,134,10312.0
Gross profit
860,311547,36957.2751,29514.5
Income from operations
766,603463,42365.4658,96616.3
Income before tax
862,430493,03674.9687,80025.4
Net income
706,562398,27377.4572,48023.4
EPS (NT$)
27.25b
15.36c
77.4
22.08d
23.4
a: 2Q2026 figures have not been approved by Board of Directors
b: Based on 25,932 million weighted average outstanding shares
c: Based on 25,929 million weighted average outstanding shares
d: Based on 25,931 million weighted average outstanding shares



About TSMC
TSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been the world’s leading dedicated semiconductor foundry ever since. The Company supports a thriving ecosystem of global customers and partners with the industry’s leading process technologies and portfolio of design enablement solutions to unleash innovation for the global semiconductor industry. With global operations spanning Asia, Europe, and North America, TSMC serves as a committed corporate citizen around the world.

TSMC deployed 305 distinct process technologies, and manufactured 12,682 products for 534 customers in 2025 by providing the broadest range of advanced, specialty and advanced packaging technology services. The Company is headquartered in Hsinchu, Taiwan. For more information please visit https://www.tsmc.com.

# # #

TSMC Spokesperson:
Wendell Huang
Senior Vice President and CFO
Media Contacts:
Nina Kao
Head of Public Relations
Tel: 886-3-563-6688 ext.712-5036
Mobile: 886-988-239-163


Ulric Kelly
Public Relations
Tel: 886-3-563-6688 ext.712-6541
Mobile: 886-978-111-503