Taiwan Semiconductor Mfg. (TSM) income statement
NYSE · Technology · Semiconductors · 65,152 employees · CEO Che Chia Wei
- Price
- $406.13 -5.95%
- Market cap
- $2.11T
- Enterprise value
- NT$58.8T
- Last report
- Q3 '26 filed 2026-10-15
- Next report
- 2027-01-21
Taiwan Semiconductor Mfg. (TSM) reported revenue of NT$1.49T for Q3 '26 (+50.9% year on year), operating income of NT$875B (58.6% of revenue) and net income of NT$763B. Over the last four quarters revenue was NT$4.94T.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NT$626B | NT$593B | NT$674B | NT$760B | NT$868B | NT$839B | NT$934B | NT$990B | NT$1.05T | NT$1.13T | NT$1.27T | NT$1.49T | |
| Cost of revenue | NT$294B | NT$278B | NT$315B | NT$320B | NT$356B | NT$346B | NT$386B | NT$401B | NT$394B | NT$383B | NT$410B | NT$502B | |
| Gross profit | NT$332B | NT$315B | NT$358B | NT$439B | NT$512B | NT$493B | NT$547B | NT$589B | NT$652B | NT$751B | NT$860B | NT$992B | |
| Research & development | NT$50.4B | NT$46.1B | NT$48.1B | NT$52.8B | NT$57.2B | NT$56.5B | NT$61.3B | NT$63.7B | NT$64.9B | NT$67.8B | NT$73.1B | NT$88.9B | |
| Sales & marketing | NT$2.98B | NT$3.11B | NT$2.95B | NT$3.4B | NT$3.68B | NT$3.75B | NT$4.27B | NT$3.97B | NT$4.92B | NT$4.42B | NT$4.47B | NT$0 | |
| General & administrative | NT$18.2B | NT$16.1B | NT$19.3B | NT$22.9B | NT$25.4B | NT$24.9B | NT$19B | NT$20B | NT$18.4B | NT$21.8B | NT$21.4B | NT$0 | |
| Other operating expenses | -NT$58M | NT$130M | NT$1.27B | -NT$500M | NT$326M | NT$1.12B | -NT$580M | NT$93.3M | -NT$1.08B | -NT$1.66B | -NT$5.24B | NT$0 | |
| Operating expenses | NT$71.6B | NT$65.5B | NT$71.6B | NT$78.6B | NT$86.7B | NT$86.3B | NT$83.9B | NT$87.9B | NT$87.1B | NT$92.3B | NT$93.7B | NT$116B | |
| Operating income | NT$260B | NT$249B | NT$287B | NT$361B | NT$426B | NT$407B | NT$463B | NT$501B | NT$565B | NT$659B | NT$767B | NT$875B | |
| Interest income | NT$17.4B | NT$19.4B | NT$21B | NT$22.6B | NT$24.3B | NT$24.9B | NT$25.2B | NT$26.2B | NT$29.5B | NT$28.9B | NT$30B | NT$31.6B | |
| Interest expense | NT$2.92B | NT$2.7B | NT$2.64B | NT$2.64B | NT$2.52B | NT$2.68B | NT$3.69B | NT$2.96B | NT$3.04B | NT$2.72B | NT$3.09B | NT$0 | |
| Other non-operating income (gains on investments, FX ...) | -NT$21B | -NT$20.2B | -NT$22.4B | -NT$26.1B | -NT$25.6B | -NT$26.5B | -NT$33.3B | -NT$27.6B | -NT$30.5B | -NT$31.6B | -NT$98.9B | NT$0 | |
| Total non-operating income | NT$18.1B | NT$17.5B | NT$19.8B | NT$23.4B | NT$23.1B | NT$23.8B | NT$29.6B | NT$24.7B | NT$27.5B | NT$28.9B | NT$95.9B | NT$34.6B | |
| Income before tax | NT$278B | NT$267B | NT$306B | NT$384B | NT$449B | NT$431B | NT$493B | NT$525B | NT$592B | NT$688B | NT$862B | NT$911B | |
| Income tax | NT$40B | NT$41.3B | NT$58.6B | NT$59.1B | NT$89.2B | NT$70.2B | NT$95.5B | NT$73.6B | NT$107B | NT$115B | NT$156B | NT$148B | |
| Net income | NT$239B | NT$225B | NT$248B | NT$325B | NT$360B | NT$362B | NT$398B | NT$452B | NT$485B | NT$572B | NT$707B | NT$763B | |
| EPS (basic) | NT$44.30 | NT$44.20 | NT$48.10 | NT$61.25 | NT$72.24 | NT$70.35 | NT$76.80 | NT$87.20 | NT$97.50 | NT$110.40 | NT$136.25 | NT$147.15 | |
| EPS (diluted) | NT$44.30 | NT$44.20 | NT$48.10 | NT$61.25 | NT$72.24 | NT$70.35 | NT$76.80 | NT$87.20 | NT$97.50 | NT$110.40 | NT$136.25 | NT$147.15 | |
| Shares (basic, weighted) | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | |
| Shares (diluted, weighted) | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | |
| Depreciation & amortization | NT$151B | NT$159B | NT$165B | NT$168B | NT$170B | NT$175B | NT$188B | NT$163B | NT$162B | NT$165B | NT$199B | NT$220B | |
| EBITDA | NT$432B | NT$428B | NT$474B | NT$555B | NT$622B | NT$609B | NT$685B | NT$691B | NT$758B | NT$856B | NT$1.06T | NT$1.1T |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | NT$948B | NT$977B | NT$1.03T | NT$1.07T | NT$1.34T | NT$1.59T | NT$2.26T | NT$2.16T | NT$2.89T | NT$3.81T | |
| Cost of revenue | NT$473B | NT$483B | NT$533B | NT$577B | NT$628B | NT$768B | NT$916B | NT$987B | NT$1.27T | NT$1.53T | |
| Gross profit | NT$475B | NT$495B | NT$498B | NT$493B | NT$711B | NT$820B | NT$1.35T | NT$1.18T | NT$1.62T | NT$2.28T | |
| Research & development | NT$71.2B | NT$80.7B | NT$85.9B | NT$91.4B | NT$109B | NT$125B | NT$163B | NT$182B | NT$204B | NT$246B | |
| Sales & marketing | NT$5.9B | NT$5.97B | NT$5.99B | NT$6.35B | NT$7.11B | NT$7.56B | NT$9.92B | NT$10.6B | NT$13.1B | NT$16.9B | |
| General & administrative | NT$19.8B | NT$21.2B | NT$20.3B | NT$21.7B | NT$28.5B | NT$36.9B | NT$53.5B | NT$60.9B | NT$83.7B | NT$82.3B | |
| Other operating expenses | -NT$29.8M | NT$1.37B | NT$2.1B | NT$496M | -NT$710M | NT$333M | NT$368M | -NT$189M | NT$1.23B | -NT$451M | |
| Operating expenses | NT$96.9B | NT$109B | NT$114B | NT$120B | NT$144B | NT$170B | NT$227B | NT$254B | NT$302B | NT$345B | |
| Operating income | NT$378B | NT$386B | NT$384B | NT$373B | NT$567B | NT$650B | NT$1.12T | NT$921B | NT$1.32T | NT$1.94T | |
| Interest income | NT$6.32B | NT$9.46B | NT$14.7B | NT$16.2B | NT$9.02B | NT$5.71B | NT$22.4B | NT$60.3B | NT$87.2B | NT$106B | |
| Interest expense | NT$3.31B | NT$3.33B | NT$3.05B | NT$3.25B | NT$2.08B | NT$5.41B | NT$11.8B | NT$12B | NT$10.5B | NT$12.4B | |
| Other non-operating income (gains on investments, FX ...) | -NT$11.3B | -NT$13.9B | -NT$17B | -NT$20.4B | -NT$20B | -NT$18.5B | -NT$34.5B | -NT$69.9B | -NT$1.15B | -NT$118B | |
| Total non-operating income | NT$7.96B | NT$10.6B | NT$13.9B | NT$17.2B | NT$18B | NT$13.1B | NT$22.8B | NT$57.7B | NT$83.8B | NT$106B | |
| Income before tax | NT$386B | NT$396B | NT$398B | NT$390B | NT$585B | NT$663B | NT$1.14T | NT$979B | NT$1.41T | NT$2.04T | |
| Income tax | NT$54.1B | NT$51.1B | NT$34.4B | NT$35.8B | NT$73.7B | NT$70.2B | NT$151B | NT$128B | NT$248B | NT$347B | |
| Net income | NT$332B | NT$345B | NT$363B | NT$354B | NT$511B | NT$592B | NT$993B | NT$852B | NT$1.16T | NT$1.7T | |
| EPS (basic) | NT$64.65 | NT$65.50 | NT$69.10 | NT$65.70 | NT$95.25 | NT$113.95 | NT$198.60 | NT$159.65 | NT$230.80 | NT$331.30 | |
| EPS (diluted) | NT$64.65 | NT$65.50 | NT$69.10 | NT$65.70 | NT$95.25 | NT$113.95 | NT$198.60 | NT$159.65 | NT$230.80 | NT$331.25 | |
| Shares (basic, weighted) | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | |
| Shares (diluted, weighted) | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | 5.19B | |
| Depreciation & amortization | NT$224B | NT$260B | NT$293B | NT$287B | NT$332B | NT$422B | NT$437B | NT$532B | NT$663B | NT$688B | |
| EBITDA | NT$613B | NT$660B | NT$693B | NT$680B | NT$919B | NT$1.09T | NT$1.59T | NT$1.52T | NT$1.98T | NT$2.74T |
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 TWD.
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 2026-11-01 · Amounts in TWD as reported; price and market cap in USD.