Taiwan Semiconductor Income Statement

Financials in millions TWD. Fiscal year is January - December.

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,954	14,829	14,616	15,687	13,177
Revenue Growth (YoY)	21.08%	1.46%	-6.83%	19.05%	26.82%
Cost of Revenue	12,664	10,594	10,123	10,338	9,050
Gross Profit	5,290	4,235	4,493	5,349	4,128
Selling, General & Admin	2,987	2,490	2,273	2,203	1,902
Research & Development	815.02	496.68	443.11	355.39	316.86
Operating Expenses	3,822	2,977	2,724	2,559	2,219
Operating Income	1,468	1,257	1,769	2,791	1,909
Interest Expense	-133.36	-86.58	-80.47	-38.33	-30.91
Interest & Investment Income	45.8	41.58	42.82	19.89	14.54
Currency Exchange Gain (Loss)	58.18	131.31	61.37	261.84	17.31
Other Non Operating Income (Expenses)	16.02	-10.35	45.19	-15.75	44.08
EBT Excluding Unusual Items	1,455	1,333	1,837	3,018	1,954
Gain (Loss) on Sale of Assets	-22.16	-6.46	0.27	-4.84	-3.6
Asset Writedown	0.52	1.65	0.09	0.6	-2.7
Pretax Income	1,433	1,328	1,838	3,014	1,948
Income Tax Expense	320.58	433.45	527.8	837.02	565.74
Earnings From Continuing Operations	1,113	894.91	1,310	2,177	1,382
Minority Interest in Earnings	-602.99	-431.06	-591.35	-614.03	-499.09
Net Income	509.58	463.85	718.64	1,563	882.81
Net Income to Common	509.58	463.85	718.64	1,563	882.81
Net Income Growth	9.86%	-35.45%	-54.02%	77.04%	64.32%
Shares Outstanding (Basic)	246	248	249	249	249
Shares Outstanding (Diluted)	246	248	250	251	251
Shares Change (YoY)	-0.76%	-0.50%	-0.55%	-0.06%	-0.39%
EPS (Basic)	2.07	1.87	2.89	6.28	3.55
EPS (Diluted)	2.07	1.87	2.88	6.23	3.52
EPS Growth	10.70%	-35.07%	-53.77%	76.88%	61.99%
Free Cash Flow	1,996	1,170	1,965	1,578	1,310
Free Cash Flow Per Share	8.10	4.71	7.87	6.29	5.22
Dividend Per Share	-	2.020	2.000	4.000	2.500
Dividend Growth	-	1.00%	-50.00%	60.00%	66.67%
Gross Margin	29.46%	28.56%	30.74%	34.10%	31.32%
Operating Margin	8.18%	8.48%	12.10%	17.79%	14.49%
Profit Margin	2.84%	3.13%	4.92%	9.96%	6.70%
Free Cash Flow Margin	11.12%	7.89%	13.44%	10.06%	9.94%
EBITDA	2,350	2,065	2,551	3,548	2,608
EBITDA Margin	13.09%	13.93%	17.45%	22.62%	19.79%
D&A For EBITDA	881.97	807.79	782.35	757.89	698.81
EBIT	1,468	1,257	1,769	2,791	1,909
EBIT Margin	8.18%	8.48%	12.10%	17.79%	14.49%
Effective Tax Rate	22.37%	32.63%	28.72%	27.77%	29.05%
Revenue as Reported	17,954	14,829	14,616	15,687	13,177

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.