Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
397.28
-7.26 (-1.79%)
At close: May 12, 2026, 4:00 PM EDT
396.30
-0.98 (-0.25%)
After-hours: May 12, 2026, 4:37 PM EDT
TSMC Income Statement
Financials in millions TWD. Fiscal year is January - December.
Millions TWD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
| 4,103,900 | 3,809,050 | 3,631,430 | 3,401,200 | 3,140,920 | 2,894,310 | 2,651,380 | 2,438,420 | 2,245,750 | 2,161,740 | 2,161,740 | 2,228,150 | 2,281,450 | 2,263,890 | 2,076,550 | 1,878,080 | 1,716,080 | 1,587,420 | 1,510,760 | 1,452,510 | |
Revenue Growth (YoY) | 30.66% | 31.61% | 36.96% | 39.48% | 39.86% | 33.89% | 22.65% | 9.44% | -1.57% | -4.51% | 4.10% | 18.64% | 32.95% | 42.61% | 37.45% | 29.30% | 23.36% | 18.53% | 16.66% | 17.94% |
Cost of Revenue | 1,564,710 | 1,527,760 | 1,489,740 | 1,408,710 | 1,337,670 | 1,269,950 | 1,207,630 | 1,137,380 | 1,042,630 | 986,625 | 929,211 | 921,765 | 919,796 | 915,537 | 886,624 | 845,904 | 813,180 | 767,878 | 726,740 | 690,762 |
Gross Profit | 2,539,190 | 2,281,290 | 2,141,690 | 1,992,490 | 1,803,240 | 1,624,350 | 1,443,740 | 1,301,040 | 1,203,120 | 1,175,110 | 1,232,530 | 1,306,380 | 1,361,650 | 1,348,350 | 1,189,920 | 1,032,170 | 902,901 | 819,537 | 784,018 | 761,766 |
Selling, General & Admin | 96,833 | 99,223 | 104,998 | 107,271 | 106,280 | 125,997 | 88,992 | 80,268 | 74,560 | 71,464 | 70,202 | 69,840 | 67,036 | 83,394 | 59,136 | 52,710 | 48,695 | 60,127 | 37,230 | 37,654 |
Research & Development | 257,636 | 246,426 | 238,800 | 227,842 | 214,620 | 204,182 | 197,361 | 195,715 | 189,322 | 182,370 | 176,547 | 168,387 | 166,371 | 163,262 | 150,914 | 138,803 | 130,027 | 124,735 | 122,436 | 121,253 |
Other Operating Expenses | -3,252 | -447.17 | 984.83 | 391.73 | 2,228 | 1,556 | 846.18 | 1,214 | -11.91 | -188.7 | -523.1 | -403.82 | -481.34 | -23.6 | 864.63 | 969.32 | 945.78 | 438.4 | 23.33 | -501.79 |
Total Operating Expenses | 351,217 | 345,202 | 344,783 | 335,505 | 323,128 | 331,735 | 287,199 | 277,197 | 263,870 | 253,645 | 246,226 | 237,823 | 232,925 | 246,633 | 210,915 | 192,483 | 179,668 | 185,301 | 159,689 | 158,405 |
Operating Income | 2,187,980 | 1,936,090 | 1,796,900 | 1,656,980 | 1,480,120 | 1,322,050 | 1,156,540 | 1,023,840 | 939,246 | 921,466 | 986,302 | 1,068,560 | 1,128,730 | 1,121,280 | 979,010 | 839,689 | 723,233 | 649,981 | 624,329 | 603,373 |
Interest Income | 51,372 | 157,111 | 51,372 | 47,794 | 43,581 | 150,153 | 62,940 | 55,934 | 48,627 | 103,179 | 42,885 | 33,905 | 23,779 | 22,422 | 11,835 | 6,576 | 4,459 | 5,709 | 4,246 | 4,788 |
Interest Expense | - | -12,370 | - | - | - | -10,495 | - | - | - | -11,999 | - | - | - | - | - | - | - | - | - | - |
Other Non-Operating Income (Expense) | 59,217 | 54,197 | 28,027 | 30,342 | 24,699 | -949.82 | 1,271 | -1,268 | -998.97 | 254.26 | -1,637 | -166.09 | 1,118 | 3,066 | 3,008 | 4,748 | 6,715 | 8,413 | 10,839 | 12,526 |
Total Non-Operating Income (Expense) | 110,590 | 105,570 | 79,400 | 78,136 | 68,279 | 61,990 | 64,211 | 54,666 | 47,628 | 43,139 | 41,248 | 33,739 | 24,897 | 14,901 | 14,843 | 11,325 | 11,174 | 12,659 | 15,085 | 17,314 |
Pretax Income | 2,298,570 | 2,041,660 | 1,898,100 | 1,756,920 | 1,570,190 | 1,405,840 | 1,235,470 | 1,093,220 | 1,001,580 | 979,317 | 1,035,440 | 1,110,190 | 1,161,520 | 1,144,070 | 994,250 | 851,411 | 734,803 | 663,036 | 639,414 | 620,686 |
Provision for Income Taxes | 371,101 | 326,264 | 328,556 | 314,049 | 277,156 | 248,316 | 199,053 | 171,091 | 145,400 | 141,404 | 140,220 | 144,798 | 140,658 | 127,290 | 106,945 | 88,595 | 74,686 | 66,053 | 65,891 | 66,264 |
Net Income | 1,928,800 | 1,717,880 | 1,571,930 | 1,444,890 | 1,294,460 | 1,158,380 | 1,050,540 | 936,285 | 870,238 | 851,740 | 872,083 | 941,949 | 997,177 | 992,923 | 882,678 | 758,070 | 655,402 | 592,359 | 573,074 | 554,125 |
Minority Interest in Earnings | -1,333 | -2,485 | -2,388 | -2,019 | -1,424 | -856.3 | -1,013 | -1,040 | -938.39 | -712.3 | -348.87 | -41.57 | 193.38 | 371.3 | 525.46 | 643.7 | 613.54 | 521.4 | 449.9 | 297.14 |
Net Income to Common | 1,928,800 | 1,717,880 | 1,571,930 | 1,444,890 | 1,294,460 | 1,158,380 | 1,050,540 | 936,285 | 870,238 | 851,740 | 872,083 | 941,949 | 997,177 | 992,923 | 882,678 | 758,070 | 655,402 | 592,359 | 573,074 | 554,125 |
Net Income Growth | 49.00% | 48.30% | 49.63% | 54.32% | 48.75% | 36.00% | 20.46% | -0.60% | -12.73% | -14.22% | -1.20% | 24.26% | 52.15% | 67.62% | 54.02% | 36.80% | 21.24% | 14.38% | 14.65% | 19.53% |
Shares Outstanding (Basic) | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 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 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 |
Shares Change (YoY) | 0.00% | 0.00% | -0.00% | -0.00% | -0.00% | 0.00% | 0.00% | 0.00% | 0.00% | - | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% | - | - | - |
EPS (Basic) | 371.90 | 331.25 | 306.00 | 281.55 | 252.55 | 226.30 | 200.10 | 178.05 | 165.30 | 161.70 | 172.70 | 186.15 | 196.80 | 196.00 | 171.00 | 147.00 | 127.20 | 115.05 | 110.55 | 106.90 |
EPS (Diluted) | 371.90 | 331.20 | 305.95 | 281.45 | 252.45 | 226.25 | 200.05 | 178.05 | 165.30 | 161.70 | 172.70 | 186.15 | 196.80 | 196.00 | 171.00 | 147.00 | 127.20 | 115.05 | 110.55 | 106.90 |
EPS Growth | 47.32% | 46.39% | 52.94% | 58.07% | 52.72% | 39.92% | 15.84% | -4.35% | -16.01% | -17.50% | 0.99% | 26.63% | 54.72% | 70.36% | 54.68% | 37.51% | 21.96% | 15.17% | 16.74% | 21.89% |
Shares Outstanding | 5,186 | 5,187 | 5,187 | 5,187 | 5,187 | 5,187 | 5,187 | 5,186 | 5,187 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 |
Free Cash Flow | 1,056,030 | 1,002,570 | 892,220 | 937,756 | 909,911 | 870,171 | 836,583 | 719,690 | 464,411 | 292,151 | 217,519 | 296,226 | 500,638 | 527,927 | 520,532 | 503,871 | 403,213 | 272,965 | 300,777 | 261,577 |
Free Cash Flow Growth | 16.06% | 15.21% | 6.65% | 30.30% | 95.93% | 197.85% | 284.60% | 142.95% | -7.24% | -44.66% | -58.21% | -41.21% | 24.16% | 93.41% | 73.06% | 92.63% | 41.60% | -13.46% | 69.06% | 100.16% |
Free Cash Flow Per Share | 203.63 | 193.32 | 172.05 | 180.83 | 175.46 | 167.80 | 161.32 | 138.78 | 89.55 | 56.34 | 41.94 | 57.12 | 96.54 | 101.80 | 100.37 | 97.16 | 77.75 | 52.63 | 58.00 | 50.44 |
Dividends Per Share | 17.000 | 22.000 | 20.500 | 19.000 | 18.000 | 17.000 | 16.000 | 15.000 | 14.000 | 13.000 | 12.250 | 11.500 | 11.250 | 11.000 | 11.000 | 11.000 | 11.000 | 11.000 | 10.750 | 10.500 |
Dividend Growth | -5.55% | 29.41% | 28.13% | 26.66% | 28.57% | 30.77% | 30.61% | 30.44% | 24.44% | 18.18% | 11.36% | 4.54% | 2.27% | - | 2.33% | 4.76% | 7.32% | 10.00% | 7.50% | 5.00% |
Gross Margin | 61.87% | 59.89% | 58.98% | 58.58% | 57.41% | 56.12% | 54.45% | 53.36% | 53.57% | 54.36% | 57.02% | 58.63% | 59.68% | 59.56% | 57.30% | 54.96% | 52.61% | 51.63% | 51.90% | 52.44% |
Operating Margin | 53.31% | 50.83% | 49.48% | 48.72% | 47.12% | 45.68% | 43.62% | 41.99% | 41.82% | 42.63% | 45.63% | 47.96% | 49.47% | 49.53% | 47.15% | 44.71% | 42.14% | 40.95% | 41.33% | 41.54% |
Profit Margin | 46.97% | 45.03% | 43.22% | 42.42% | 41.17% | 39.99% | 39.58% | 38.35% | 38.71% | 39.37% | 40.33% | 42.27% | 43.72% | 43.88% | 42.53% | 40.40% | 38.23% | 37.35% | 37.96% | 38.17% |
FCF Margin | 25.73% | 26.32% | 24.57% | 27.57% | 28.97% | 30.06% | 31.55% | 29.51% | 20.68% | 13.51% | 10.06% | 13.29% | 21.94% | 23.32% | 25.07% | 26.83% | 23.50% | 17.20% | 19.91% | 18.01% |
EBITDA | 2,866,380 | 2,624,190 | 2,493,260 | 2,358,790 | 2,159,030 | 1,984,850 | 1,799,610 | 1,645,960 | 1,520,140 | 1,453,660 | 1,475,430 | 1,515,750 | 1,565,200 | 1,558,530 | 1,419,350 | 1,281,710 | 1,155,830 | 1,072,380 | 1,033,620 | 1,000,370 |
EBITDA Margin | 69.85% | 68.89% | 68.66% | 69.35% | 68.74% | 68.58% | 67.87% | 67.50% | 67.69% | 67.24% | 68.25% | 68.03% | 68.61% | 68.84% | 68.35% | 68.25% | 67.35% | 67.55% | 68.42% | 68.87% |
EBIT | 2,187,980 | 1,936,090 | 1,796,900 | 1,656,980 | 1,480,120 | 1,322,050 | 1,156,540 | 1,023,840 | 939,246 | 921,466 | 986,302 | 1,068,560 | 1,128,730 | 1,121,280 | 979,010 | 839,689 | 723,233 | 649,981 | 624,329 | 603,373 |
EBIT Margin | 53.31% | 50.83% | 49.48% | 48.72% | 47.12% | 45.68% | 43.62% | 41.99% | 41.82% | 42.63% | 45.63% | 47.96% | 49.47% | 49.53% | 47.15% | 44.71% | 42.14% | 40.95% | 41.33% | 41.54% |
Effective Tax Rate | 16.14% | 15.98% | 17.31% | 17.88% | 17.65% | 17.66% | 16.11% | 15.65% | 14.52% | 14.44% | 13.54% | 13.04% | 12.11% | 11.13% | 10.76% | 10.41% | 10.16% | 9.96% | 10.30% | 10.68% |
Updated Apr 15, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.