TSMC Q1 2026 EPS NT$22.08 with 66.2% gross margin; Q2 revenue guided to US$39.0-40.2 billion

TSMC reported first-quarter 2026 net income of NT$572.48 billion, up 58.3% year over year, with diluted EPS of NT$22.08 (US$3.49 per ADR). Gross margin was 66.2% and operating margin 58.1%. For the second quarter it guided revenue to US$39.0-40.2 billion, gross margin to 65.5-67.5% and operating margin to 56.5-58.5%, assuming NT$31.7 per US dollar.

• Revenue NT$1,134.10 billion (US$35.90 billion), +35.1% in NT$ and +40.6% in US$
• Net income NT$572.48 billion, +58.3% year over year
• Diluted EPS NT$22.08 (US$3.49 per ADR)
• Gross margin 66.2%, operating margin 58.1%
• 2Q26 guidance: revenue US$39.0-40.2 billion, gross margin 65.5-67.5%, operating margin 56.5-58.5%