Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
418.45
-6.41 (-1.51%)
At close: May 29, 2026, 4:00 PM EDT
419.06
+0.61 (0.15%)
After-hours: May 29, 2026, 7:59 PM EDT
TSMC Income Statement
Financials in millions TWD. Fiscal year is January - December.
Millions TWD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | 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 |
| 4,103,900 | 3,809,050 | 2,894,310 | 2,161,740 | 2,263,890 | 1,587,420 | |
Revenue Growth (YoY) | 30.66% | 31.61% | 33.89% | -4.51% | 42.61% | 18.53% |
Cost of Revenue | 1,564,710 | 1,527,760 | 1,269,950 | 986,625 | 915,537 | 767,878 |
Gross Profit | 2,539,190 | 2,281,290 | 1,624,350 | 1,175,110 | 1,348,350 | 819,537 |
Selling, General & Admin | 96,833 | 99,222 | 96,889 | 71,464 | 63,445 | 44,488 |
Research & Development | 257,636 | 246,427 | 204,182 | 182,370 | 163,262 | 124,735 |
Other Operating Expenses | -3,252 | -447.3 | 1,230 | -188.7 | 368.4 | 333.4 |
Total Operating Expenses | 351,217 | 345,202 | 302,301 | 253,645 | 227,076 | 169,557 |
Operating Income | 2,187,980 | 1,936,090 | 1,322,050 | 921,466 | 1,121,280 | 649,981 |
Interest Income | 51,372 | 105,739 | 87,213 | 60,294 | 22,422 | 5,709 |
Interest Expense | - | -12,370 | -10,495 | -11,999 | - | - |
Other Non-Operating Income (Expense) | 59,217 | 12,194 | 7,069 | 9,556 | 371.1 | 7,346 |
Total Non-Operating Income (Expense) | 110,590 | 105,563 | 83,787 | 57,851 | 22,793 | 13,055 |
Pretax Income | 2,298,570 | 2,041,650 | 1,405,840 | 979,317 | 1,144,070 | 663,036 |
Provision for Income Taxes | 371,101 | 346,530 | 248,316 | 128,289 | 150,778 | 70,155 |
Net Income | 1,928,800 | 1,697,600 | 1,158,380 | 851,740 | 992,923 | 592,359 |
Minority Interest in Earnings | -1,333 | -2,479 | -856.3 | -712.3 | 371.3 | 521.4 |
Net Income to Common | 1,928,800 | 1,697,600 | 1,158,380 | 851,740 | 992,923 | 592,359 |
Net Income Growth | 49.00% | 46.55% | 36.00% | -14.22% | 67.62% | 15.98% |
Shares Outstanding (Basic) | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 |
Shares Outstanding (Diluted) | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 |
Shares Change (YoY) | 0.00% | 0.00% | 0.00% | - | -0.00% | - |
EPS (Basic) | 371.90 | 327.35 | 223.40 | 164.25 | 191.45 | 114.20 |
EPS (Diluted) | 371.90 | 327.35 | 223.35 | 164.25 | 191.45 | 114.20 |
EPS Growth | 47.32% | 46.56% | 35.98% | -14.21% | 67.64% | 15.94% |
Shares Outstanding | 5,186 | 5,187 | 5,187 | 5,186 | 5,186 | 5,186 |
Free Cash Flow | 1,056,030 | 1,002,570 | 870,171 | 292,151 | 527,927 | 272,965 |
Free Cash Flow Growth | 5.33% | 15.21% | 197.85% | -44.66% | 93.41% | -13.46% |
Free Cash Flow Per Share | 203.63 | 193.32 | 167.79 | 56.34 | 101.80 | 52.63 |
Dividends Per Share | 24.000 | 22.000 | 17.000 | 13.000 | 11.000 | 11.000 |
Dividend Growth | 9.09% | 29.41% | 30.77% | 18.18% | - | 10.00% |
Gross Margin | 61.87% | 59.89% | 56.12% | 54.36% | 59.56% | 51.63% |
Operating Margin | 53.31% | 50.83% | 45.68% | 42.63% | 49.53% | 40.95% |
Profit Margin | 46.97% | 44.50% | 39.99% | 39.37% | 43.88% | 37.35% |
FCF Margin | 25.73% | 26.32% | 30.06% | 13.51% | 23.32% | 17.20% |
EBITDA | 3,217,230 | 2,624,190 | 1,984,850 | 1,453,660 | 1,558,530 | 1,072,380 |
EBITDA Margin | 78.39% | 68.89% | 68.58% | 67.24% | 68.84% | 67.55% |
EBIT | 2,187,980 | 1,936,090 | 1,322,050 | 921,466 | 1,121,280 | 649,981 |
EBIT Margin | 53.31% | 50.83% | 45.68% | 42.63% | 49.53% | 40.95% |
Effective Tax Rate | 16.14% | 16.97% | 17.66% | 13.10% | 13.18% | 10.58% |