Semiconductor Manufacturing International Corporation (SMIC) income statement
HKSE · Technology · Semiconductors · 19,952 employees · CEO Haijun Zhao
- Price
- HK$43.66 +1.58%
- Market cap
- HK$442B
- Enterprise value
- $91.1B
- Last report
- Q2 '26 filed 2026-06-30
- Next report
- 2026-11-13
Semiconductor Manufacturing International Corporation (SMIC) reported revenue of $3.01B for Q2 '26 (+36.1% year on year), operating income of $534M (17.8% of revenue) and net income of $479M. Over the last four quarters revenue was $10.5B.
Income statement
| Income statement | Trend | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.62B | $1.68B | $1.75B | $1.9B | $2.17B | $2.21B | $2.25B | $2.21B | $2.41B | $2.51B | $2.54B | $3.01B | |
| Cost of revenue | $1.3B | $1.4B | $1.51B | $1.64B | $1.73B | $1.71B | $1.74B | $1.76B | $1.8B | $2.13B | $1.99B | $2.24B | |
| Gross profit | $322M | $275M | $240M | $265M | $444M | $499M | $506M | $450M | $614M | $383M | $545M | $761M | |
| Research & development | $173M | $189M | $188M | $181M | $179M | $217M | $149M | $182M | $203M | $1.66B | $187M | $209M | |
| Sales & marketing | $9.45M | $9.35M | $9.04M | $9.74M | $9.6M | $11.5M | $11.4M | $12.9M | $0 | $0 | $9.67M | $14.1M | |
| General & administrative | $128M | $148M | $116M | $161M | $136M | $167M | $149M | $189M | $0 | $0 | $118M | $120M | |
| Other operating expenses | -$11.8M | -$179M | -$77.2M | -$173M | -$50.9M | -$111M | -$113M | -$84.6M | $104M | $298M | $33.9M | -$116M | |
| Operating expenses | $235M | $168M | $236M | $178M | $274M | $285M | $196M | $299M | $350M | $298M | $349M | $226M | |
| Operating income | $87.4M | $107M | $2.41M | $87.1M | $170M | $214M | $310M | $151M | $264M | $85.4M | $196M | $534M | |
| Interest income | $188M | $177M | $164M | $0 | $132M | $108M | $45.4M | $10.2M | $99.5M | $75.7M | $68.2M | $0 | |
| Interest expense | $54.1M | $62.9M | $66.7M | $0 | $83.3M | $75.3M | $0 | $699M | $97.4M | $108M | $91.8M | $0 | |
| Other non-operating income (gains on investments, FX ...) | -$135M | $126M | -$139M | $1.03M | -$156M | -$216M | $0 | $24.3M | -$196M | $0 | $0 | $0 | |
| Total non-operating income | $80.4M | $141M | $72M | $99.9M | $73M | $141M | $39.7M | $9.73M | $94.7M | $140M | $57.9M | $276M | |
| Income before tax | $168M | $248M | $74.4M | $187M | $243M | $355M | $349M | $160M | $359M | $226M | $254M | $810M | |
| Income tax | $11.4M | $10.7M | $10.9M | $14.8M | $19.6M | $84.3M | $25.9M | $13.7M | $21.6M | $23.1M | $24.5M | $76.9M | |
| Net income | $94M | $175M | $71.8M | $165M | $149M | $108M | $188M | $132M | $213M | $172M | $196M | $479M | |
| EPS (basic) | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.06 | |
| EPS (diluted) | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.06 | |
| Shares (basic, weighted) | 7.93B | 7.97B | 7.18B | 7.98B | 7.98B | 8B | 8.01B | 7.99B | 8B | 8.15B | 8B | 8.56B | |
| Shares (diluted, weighted) | 7.96B | 7.97B | 7.18B | 7.98B | 7.98B | 8B | 8.01B | 8.01B | 8B | 8.15B | 8B | 8.56B | |
| Depreciation & amortization | $679M | $684M | $746M | $797M | $831M | $849M | $866M | $868M | $8.04B | $1.04B | $1.17B | $1.21B | |
| EBITDA | $901M | $666M | $887M | $883M | $1.16B | $1.28B | $1.18B | $995M | $460M | $1.12B | $1.41B | $1.75B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.91B | $3.1B | $3.36B | $3.12B | $3.91B | $5.44B | $7.27B | $6.32B | $8.03B | $9.33B | |
| Cost of revenue | $2.06B | $2.36B | $2.61B | $2.47B | $2.99B | $3.77B | $4.51B | $5.1B | $6.58B | $7.37B | |
| Gross profit | $850M | $741M | $747M | $642M | $921M | $1.68B | $2.76B | $1.22B | $1.45B | $1.96B | |
| Research & development | $318M | $427M | $558M | $687M | $677M | $639M | $733M | $707M | $765M | $774M | |
| Sales & marketing | $35M | $35.8M | $30.5M | $26.8M | $29.5M | $27.6M | $33.8M | $36.2M | $39.8M | $43M | |
| General & administrative | $157M | $198M | $200M | $255M | $266M | $276M | $494M | $482M | $580M | $526M | |
| Other operating expenses | -$2.11M | $9.61M | $14.5M | -$293M | -$362M | -$659M | -$335M | -$366M | -$411M | -$496M | |
| Operating expenses | $501M | $609M | $733M | $676M | $611M | $283M | $926M | $860M | $974M | $847M | |
| Operating income | $339M | $125M | $14.6M | $129M | $312M | $1.39B | $1.84B | $358M | $474M | $1.11B | |
| Interest income | $11.2M | $27.1M | $64.3M | $139M | $171M | $223M | $349M | $737M | $4.26B | $396M | |
| Interest expense | $34.7M | $42.2M | $43.8M | $63.5M | $73.2M | $110M | $126M | $209M | $2.32B | $373M | |
| Other non-operating income (gains on investments, FX ...) | $836K | $17.7M | $24.1M | $0 | -$499M | -$558M | -$504M | -$1.04B | -$510M | $473M | |
| Total non-operating income | -$29.3M | $3.37M | $77M | $0 | $425M | $448M | $378M | $830M | $386M | -$36.7M | |
| Income before tax | $310M | $128M | $91.7M | $182M | $737M | $1.84B | $2.21B | $1.19B | $860M | $1.07B | |
| Income tax | -$6.55M | $1.85M | $14.5M | $23.4M | $68.3M | $65.2M | $16M | $62.5M | $130M | $84.3M | |
| Net income | $377M | $180M | $134M | $159M | $716M | $1.7B | $1.82B | $903M | $493M | $685M | |
| EPS (basic) | $0.09 | $0.04 | $0.03 | $0.03 | $0.11 | $0.22 | $0.23 | $0.11 | $0.06 | $0.09 | |
| EPS (diluted) | $0.08 | $0.04 | $0.03 | $0.03 | $0.11 | $0.21 | $0.23 | $0.11 | $0.06 | $0.09 | |
| Shares (basic, weighted) | 4.22B | 4.63B | 4.98B | 5.78B | 6.7B | 7.9B | 7.91B | 7.93B | 7.98B | 11.1B | |
| Shares (diluted, weighted) | 4.83B | 4.71B | 5.01B | 5.78B | 6.84B | 7.93B | 7.94B | 7.96B | 7.98B | 11.1B | |
| Depreciation & amortization | $730M | $971M | $1.05B | $1.13B | $1.31B | $1.87B | $2.27B | $2.67B | $3.22B | $3.81B | |
| EBITDA | $1.07B | $1.08B | $1.04B | $801M | $2.12B | $3.82B | $4.61B | $4.06B | $4.21B | $4.45B |
Standardised by Financial Modeling Prep from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates: Financial Modeling Prep.
Data as of 2026-11-02 · Amounts in USD as reported; price and market cap in HKD.