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Taiwan Semiconductor TSM

$448.58
+$2.01 (+0.45%)
Market open · Sep 24, 2:00 pm ET
After hours $446.60 +0.01%
Open$442.00
Prev close$446.57
Day range$440.69 – $452.54
Volume4.49M
Market cap$2.33T
P/E (TTM)33.4
Dividend yield0.77%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026 · reported in TWD

RevenueNT$1.27T+36.0% YoY
Operating profitNT$766.57B+65.4% YoY
Net profitNT$706.78B+77.8% YoY
Diluted EPSNT$136.25+77.4% YoY
Free cash flowNT$274.97B+37.6% YoY
Operating cash flowNT$783.36B

Revenue, last 8 quarters

NT$759.7BSep '24NT$868.5BDec '24NT$839.3BMar '25NT$933.8BJun '25NT$989.9BSep '25NT$1.0TDec '25NT$1.1TMar '26NT$1.3TJun '26

Net profit, last 8 quarters

NT$325.1BSep '24NT$359.6BDec '24NT$360.7BMar '25NT$397.5BJun '25NT$451.8BSep '25NT$485.1BDec '25NT$572.8BMar '26NT$706.8BJun '26

Diluted EPS by quarter

62.70Sep '2469.35Dec '2469.70Mar '2576.80Jun '2587.20Sep '2597.50Dec '25110.40Mar '26136.25Jun '26

Free cash flow by quarter

NT$184.1BSep '24NT$255.2BDec '24NT$292.5BMar '25NT$199.8BJun '25NT$138.4BSep '25NT$364.0BDec '25NT$347.3BMar '26NT$275.0BJun '26

Annual revenue

NT$1.3TFY20NT$1.6TFY21NT$2.3TFY22NT$2.2TFY23NT$2.9TFY24NT$3.8TFY25

Profitability & balance sheet

Gross margin64.2%
Operating margin56.1%
Net margin49.9%
Return on equity40.3%
Return on assets27.1%
Return on invested capital32.6%
Current ratio2.46
Liabilities / assets30.9%
Cash & investmentsNT$3.60T
Total debtNT$1.06T
Net cash (debt)NT$2.53T
Free cash flow / sales25.3%

This company reports in its own local currency, not U.S. dollars. Every figure below is labeled with its real currency, not automatically converted.

Income statement

Line item 2026 Q2
(TWD)
2026 Q1
(TWD)
2025 ANNUAL
(TWD)
2025 Q4
(TWD)
2025 Q3
(TWD)
Total Revenue as Reported NT$1.27T NT$1.13T NT$3.81T NT$1.05T NT$989.92B
Total Operating Revenue NT$1.27T NT$1.13T NT$3.81T NT$1.05T NT$989.92B
Cost of Revenue NT$410.07B NT$382.81B NT$1.53T NT$394.10B NT$401.38B
Gross Profit NT$860.31B NT$751.30B NT$2.28T NT$651.99B NT$588.54B
Operating Expense NT$93.74B NT$92.35B NT$345.20B NT$87.11B NT$87.86B
Selling and Admin Expenses NT$25.84B NT$26.25B NT$99.22B NT$23.33B NT$24.02B
-Selling & Marketing Expense NT$4.47B NT$4.42B NT$16.92B NT$4.92B NT$3.97B
-General & Admin Expense NT$21.37B NT$21.83B NT$82.30B NT$18.42B NT$20.05B
Research & Development NT$73.15B NT$67.76B NT$246.43B NT$64.86B NT$63.74B
Depreciation & Amortization & Depletion NT$26.98M NT$20.23M NT$56.50M NT$20.36M NT$20.23M
-Depreciation & Amortization NT$26.98M NT$20.23M NT$56.50M NT$20.36M NT$20.23M
Other Operating Expenses -NT$5.27B -NT$1.68B -NT$507.70M -NT$1.11B NT$73.08M
Operating Profit NT$766.57B NT$658.95B NT$1.94T NT$564.88B NT$500.69B
Net Non-Operating Interest Income (Expense) NT$26.96B NT$26.15B NT$93.37B NT$26.46B NT$23.22B
Non-Operating Interest Income NT$30.04B NT$28.86B NT$105.74B NT$29.51B NT$26.18B
Non-Operating Interest Expense NT$3.09B NT$2.72B NT$12.37B NT$3.04B NT$2.96B
Total Other Finance Costs -NT$26.96B -NT$26.15B – – –
Other Income (Expense) NT$68.90B NT$2.71B NT$12.19B NT$1.01B NT$1.46B
Gain on Sale of Security NT$2.00B NT$1.04B NT$5.55B -NT$862.74M -NT$314.93M
Earnings from Equity Interest NT$1.44B NT$1.68B NT$5.49B NT$1.47B NT$1.42B
Special Income (Charges) NT$63.20B NT$0.00 -NT$168.00M -NT$14,000.00 NT$0.00
-Gain on Sale Of Business NT$63.20B NT$0.00 -NT$168.00M -NT$14,000.00 NT$0.00
Other Non-Operating Income (Expenses) NT$2.26B -NT$18.25M NT$1.32B NT$398.48M NT$352.35M
Pretax Profit NT$862.43B NT$687.80B NT$2.04T NT$592.36B NT$525.37B
Tax NT$155.65B NT$115.00B NT$346.53B NT$107.21B NT$73.61B
Net Profit NT$706.78B NT$572.80B NT$1.70T NT$485.14B NT$451.76B
Profit from Continuing Operations NT$706.78B NT$572.80B NT$1.70T NT$485.14B NT$451.76B
Minority Interests NT$218.99M NT$321.55M -NT$2.48B -NT$321.91M -NT$546.05M
Net Income to Parent Company NT$706.56B NT$572.48B NT$1.70T NT$485.47B NT$452.30B
Net Income to Common Stockholders NT$706.56B NT$572.48B NT$1.70T NT$485.47B NT$452.30B
Basic EPS NT$136.25 NT$110.40 NT$327.35 NT$97.50 NT$87.20
Diluted EPS NT$136.25 NT$110.40 NT$327.35 NT$97.50 NT$87.20
Dividend Per Share NT$29.96 NT$30.11 NT$95.17 NT$24.88 NT$25.06

Balance sheet

Line item 2026 Q2
(TWD)
2026 Q1
(TWD)
2025 ANNUAL
(TWD)
2025 Q4
(TWD)
2025 Q3
(TWD)
Total Assets NT$9.38T NT$8.66T NT$7.93T NT$7.93T NT$7.35T
Total Current Assets NT$4.57T NT$4.27T NT$3.82T NT$3.82T NT$3.44T
Cash and Cash Equivalents & Short-Term Investments NT$3.60T NT$3.45T NT$3.13T NT$3.13T NT$2.80T
-Cash and Cash Equivalents NT$3.13T NT$3.04T NT$2.77T NT$2.77T NT$2.47T
-Short Term Investments NT$463.22B NT$416.96B NT$360.21B NT$360.21B NT$334.17B
Receivables NT$442.13B NT$364.69B NT$282.06B NT$282.06B NT$307.87B
-Accounts Receivable NT$435.76B NT$357.74B NT$279.05B NT$279.05B NT$305.48B
-Due from Related Parties Current NT$6.37B NT$6.95B NT$3.01B NT$3.01B NT$2.39B
Inventory NT$385.52B NT$311.45B NT$288.11B NT$288.11B NT$288.69B
Restricted Cash NT$381.81M NT$381.92M NT$129.40M NT$129.40M NT$125.82M
Other Current Assets NT$140.00B NT$136.37B NT$118.66B NT$118.66B NT$34.38B
Total Non-Current Assets NT$4.81T NT$4.40T NT$4.12T NT$4.12T NT$3.92T
Net PPE NT$4.36T NT$4.00T NT$3.74T NT$3.74T NT$3.54T
-Gross PPE NT$10.04T NT$9.51T NT$9.13T NT$9.13T NT$8.79T
-Accumulated Depreciation -NT$5.68T -NT$5.51T -NT$5.39T -NT$5.39T -NT$5.25T
Investments and Advances NT$227.93B NT$166.44B NT$172.06B NT$172.06B NT$148.86B
-Available for Sale Securities NT$194.03B NT$113.22B NT$119.31B NT$119.31B NT$98.46B
-Long Term Equity Investment NT$18.13B NT$37.77B NT$37.85B NT$37.85B NT$36.02B
Financial Assets NT$2.95M NT$128.26M NT$125.80M NT$125.80M NT$122.12M
Non-Current Prepaid Assets NT$4.27B NT$4.36B NT$4.24B NT$4.24B NT$5.09B
Goodwill and Other Intangible Assets NT$24.07B NT$24.73B NT$24.95B NT$24.95B NT$25.56B
-Goodwill NT$5.96B NT$5.98B NT$5.89B NT$5.89B NT$5.77B
-Other Intangible Assets NT$18.12B NT$18.75B NT$19.06B NT$19.06B NT$19.79B
Non-Current Deferred Assets NT$62.89B NT$65.33B NT$62.94B NT$62.94B NT$62.10B
Other Non-Current Assets NT$133.01B NT$133.81B NT$115.63B NT$115.63B NT$133.76B
Total Liabilities NT$2.90T NT$2.73T NT$2.54T NT$2.54T NT$2.32T
Total Current Liabilities NT$1.86T NT$1.71T NT$1.52T NT$1.52T NT$1.28T
Payables NT$1.09T NT$1.04T NT$877.92B NT$877.92B NT$692.00B
-Accounts Payable NT$399.74B NT$341.98B NT$260.28B NT$260.28B NT$259.86B
-Total Tax Payable NT$283.34B NT$318.84B NT$266.73B NT$266.73B NT$116.73B
-Dividends Payable NT$337.44B NT$311.19B NT$285.26B NT$285.26B NT$259.33B
-Due to Related Parties Current NT$1.74B NT$1.80B NT$1.78B NT$1.78B NT$1.96B
-Other Payable NT$69.96B NT$61.53B NT$63.87B NT$63.87B NT$54.13B
Current Accrued Expenses NT$422.00B NT$381.93B NT$401.12B NT$401.12B NT$431.95B
Short-Term Debt and Capital Lease Obligation NT$167.41B NT$156.24B NT$136.93B NT$136.93B NT$76.23B
-Current Debt NT$167.41B NT$156.24B NT$136.93B NT$136.93B NT$76.23B
Other Current Liabilities NT$2.45B NT$3.08B NT$3.08B NT$3.08B NT$1.19B
Total Non-Current Liabilities NT$1.04T NT$1.01T NT$1.01T NT$1.01T NT$1.04T
Long Term Debt and Capital Lease Obligation NT$897.54B NT$934.53B NT$927.66B NT$927.66B NT$949.21B
-Long Term Debt NT$864.26B NT$901.02B NT$896.06B NT$896.06B NT$918.23B
-Long Term Capital Lease Obligation NT$33.28B NT$33.51B NT$31.60B NT$31.60B NT$30.98B
Non-Current Deferred Liabilities NT$3.91B NT$3.88B NT$3.89B NT$3.89B NT$3.96B
Employee Benefits NT$5.89B NT$5.94B NT$6.01B NT$6.01B NT$5.31B
Other Non-Current Liabilities NT$136.08B NT$69.96B NT$76.65B NT$76.65B NT$84.15B
Total Equity NT$6.47T NT$5.93T NT$5.40T NT$5.40T NT$5.04T
Stockholders' Equity NT$6.43T NT$5.89T NT$5.36T NT$5.36T NT$5.00T
Capital Stock NT$259.32B NT$259.32B NT$259.33B NT$259.33B NT$259.33B
-Common Stock NT$259.32B NT$259.32B NT$259.33B NT$259.33B NT$259.33B
Additional Paid-In Capital NT$72.29B NT$73.67B NT$73.45B NT$73.45B NT$73.36B
Retained Earnings NT$5.74T NT$5.19T NT$4.64T NT$4.64T NT$4.26T
Gains/Losses Not Affecting Retained Earnings NT$361.17B NT$365.16B NT$382.23B NT$382.23B NT$405.42B
Other Equity Interests -NT$231.91M -NT$330.46M -NT$477.00M -NT$477.00M -NT$625.43M
Minority Interests NT$41.95B NT$41.43B NT$41.18B NT$41.18B NT$37.27B
-Notes Receivable – NT$349.67B NT$279.05B NT$279.05B –
-Held to Maturity Securities – NT$103.51B – – –

Cash flow

Line item 2026 Q2
(TWD)
2026 Q1
(TWD)
2025 ANNUAL
(TWD)
2025 Q4
(TWD)
2025 Q3
(TWD)
Operating Cash Flow NT$783.36B NT$698.98B NT$2.27T NT$725.51B NT$426.83B
Net cash flow from continuing operations NT$783.36B NT$698.98B NT$2.27T NT$725.51B NT$426.83B
Net Income from Continuing Operations NT$862.43B NT$687.80B NT$2.04T NT$592.36B NT$525.37B
Gain/Loss from Continuing Operations -NT$67.40B -NT$5.91B -NT$170.70M NT$12.34B NT$7.15B
Depreciation & Depletion & Amortization NT$198.54B NT$165.45B NT$688.10B NT$162.11B NT$162.79B
Other Non-Cash Items -NT$26.66B -NT$26.19B -NT$92.32B -NT$26.34B -NT$22.88B
Change in Working Capital NT$4.52B -NT$120.81B -NT$96.75B -NT$12.86B -NT$108.61B
-Change in Receivables -NT$77.17B -NT$81.70B -NT$9.97B NT$25.81B -NT$72.18B
-Change in Inventory -NT$74.07B -NT$23.34B -NT$240.70M NT$579.55M NT$15.50B
-Change in Payables and Accrued Expense NT$60.20B NT$14.48B -NT$44.21B -NT$8.80B -NT$61.08B
-Change in Other Current Assets -NT$4.28B -NT$36.61B -NT$48.89B -NT$45.31B NT$5.57B
-Change in Other Current Liabilities NT$101.23B NT$1.27B NT$385.10M NT$4.08B NT$4.15B
-Change In Other Working Capital -NT$1.40B NT$5.09B NT$6.17B NT$10.78B -NT$583.68M
Net cash flow from investing -NT$492.81B -NT$356.85B -NT$1.14T -NT$365.96B -NT$259.75B
Net Cash Flow from Continuing Investing Activities -NT$492.81B -NT$356.85B -NT$1.14T -NT$365.96B -NT$259.75B
Net PPE Purchase and Sale -NT$505.27B -NT$348.96B -NT$1.27T -NT$356.43B -NT$287.40B
Net Intangibles Purchase and Sale -NT$2.71B -NT$933.03M -NT$10.15B -NT$4.55B -NT$978.46M
Net Investment Purchase and Sale -NT$36.21B -NT$35.21B -NT$42.78B -NT$36.51B -NT$1.16B
Net Other Investing Changes NT$156.26M NT$459.67M NT$77.29B NT$5.32B NT$4.73B
Financing Cash Flow -NT$184.65B -NT$119.91B -NT$440.34B -NT$107.69B -NT$128.29B
Net Cash Flow from Continuing Financing Activities -NT$184.65B -NT$119.91B -NT$440.34B -NT$107.69B -NT$128.29B
Net Issuance Payments Of Debt -NT$23.01B NT$12.52B NT$37.38B NT$23.25B -NT$8.51B
Cash Dividends Paid -NT$155.60B -NT$129.66B -NT$466.78B -NT$129.66B -NT$116.70B
Net Other Financing Charges NT$1.09B -NT$19.98M NT$8.19B NT$4.08B NT$958.22M
Ending Cash Balance NT$3.13T NT$3.04T NT$2.77T NT$2.77T NT$2.47T
Net Change in Cash NT$105.90B NT$222.21B NT$690.24B NT$251.86B NT$38.78B
Beginning Cash Balance NT$3.04T NT$2.77T NT$2.13T NT$2.47T NT$2.36T
Effect of Exchange Rate Changes -NT$7.32B NT$45.57B -NT$50.01B NT$45.23B NT$67.45B
Free Cash Flow NT$274.97B NT$347.27B NT$992.38B NT$364.04B NT$138.39B
Net Business Purchase and Sale – – NT$0.00 – –
Net Common Stock Issuance – – NT$0.00 NT$0.00 NT$0.00
Capital Expenditure – – – – -NT$287.45B
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