Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
392.31
-6.78 (-1.70%)
At close: Jul 28, 2026, 4:00 PM EDT
394.72
+2.41 (0.61%)
After-hours: Jul 28, 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 Quarter | Q2 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
| 1,270,381 | 1,134,103 | 1,046,090 | 989,918 | 933,792 | 839,254 | 868,461 | 759,692 | 673,510 | 592,644 | 625,529 | 546,733 | 480,841 | 508,633 | 625,532 | 613,143 | 534,141 | 491,076 | 438,189 | 414,670 | |
Revenue Growth (YoY) | 36.05% | 35.13% | 20.45% | 30.30% | 38.65% | 41.61% | 38.84% | 38.95% | 40.07% | 16.52% | 0% | -10.83% | -9.98% | 3.57% | 42.75% | 47.86% | 43.53% | 35.50% | 21.20% | 16.34% |
Cost of Revenue | 410,070 | 382,808 | 394,103 | 401,375 | 386,423 | 345,859 | 356,083 | 320,346 | 315,386 | 278,139 | 293,761 | 250,090 | 220,641 | 222,133 | 236,347 | 242,644 | 218,673 | 217,873 | 207,434 | 201,924 |
Gross Profit | 860,311 | 751,295 | 651,987 | 588,543 | 547,369 | 493,395 | 512,378 | 439,346 | 358,124 | 314,505 | 331,768 | 296,642 | 260,200 | 286,500 | 389,185 | 370,499 | 315,468 | 273,203 | 230,755 | 212,746 |
Selling, General & Admin | 25,836 | 26,249 | 23,333 | 24,022 | 23,228 | 28,639 | 29,108 | 26,295 | 22,238 | 19,248 | 21,211 | 17,571 | 16,529 | 16,152 | 19,948 | 17,209 | 13,725 | 12,563 | 15,639 | 10,783 |
Research & Development | 73,146 | 67,757 | 64,857 | 63,742 | 61,280 | 56,547 | 57,231 | 52,784 | 48,058 | 46,109 | 50,410 | 51,138 | 41,665 | 39,157 | 44,587 | 42,978 | 39,649 | 36,049 | 32,238 | 30,867 |
Other Operating Expenses | -5,274 | -1,677 | -1,106 | 93.57 | -562 | 1,128 | 326.42 | -499.53 | 1,274 | 129.68 | -57.61 | -131.23 | 47.24 | -47.11 | -391.23 | -11.96 | -30.27 | 801.86 | 105.07 | 92.73 |
Total Operating Expenses | 93,708 | 92,329 | 87,084 | 87,858 | 83,946 | 86,314 | 86,665 | 78,579 | 71,569 | 65,487 | 71,563 | 68,578 | 58,242 | 55,262 | 64,144 | 60,175 | 53,344 | 49,413 | 47,983 | 41,743 |
Operating Income | 766,603 | 658,966 | 564,903 | 500,685 | 463,423 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 228,065 | 201,958 | 231,238 | 325,041 | 310,324 | 262,124 | 223,790 | 182,772 | 171,004 |
Interest Income | 0 | 0 | 0 | 26,180 | 0 | 24,859 | 24,273 | 22,602 | 20,979 | 19,359 | 17,409 | 15,595 | 13,672 | 13,618 | 10,587 | 6,615 | 3,546 | 1,674 | 1,463 | 1,357 |
Interest Expense | 0 | 0 | 0 | -2,959 | 0 | -2,677 | -2,523 | -2,636 | -2,638 | -2,698 | -2,919 | -3,112 | -3,005 | -2,964 | -3,335 | -3,370 | -2,904 | -2,141 | -2,174 | -1,334 |
Other Non-Operating Income (Expense) | 95,827 | 28,834 | 27,460 | 1,462 | 29,613 | 1,633 | 1,336 | 3,455 | 1,414 | 863.98 | 3,586 | 1,392 | 2,050 | 2,383 | 2,258 | 3,122 | 3,233 | 3,508 | 2,668 | 2,826 |
Total Non-Operating Income (Expense) | 95,827 | 28,834 | 27,460 | 24,684 | 29,613 | 23,815 | 23,087 | 23,421 | 19,755 | 17,525 | 18,077 | 13,876 | 12,717 | 13,037 | 9,511 | 6,367 | 3,875 | 3,042 | 1,957 | 2,848 |
Pretax Income | 862,430 | 687,800 | 592,363 | 525,369 | 493,036 | 430,895 | 448,799 | 384,187 | 306,311 | 266,543 | 278,426 | 241,940 | 214,675 | 244,275 | 334,551 | 316,691 | 265,998 | 226,832 | 184,729 | 173,852 |
Provision for Income Taxes | 155,649 | 114,999 | 86,947 | 73,614 | 95,543 | 70,163 | 89,238 | 59,107 | 58,649 | 41,322 | 39,975 | 31,145 | 32,958 | 37,326 | 38,791 | 35,722 | 28,818 | 23,958 | 18,446 | 17,372 |
Net Income | 706,781 | 572,801 | 505,416 | 451,755 | 397,493 | 360,733 | 359,561 | 325,080 | 247,661 | 225,221 | 251,566 | 210,795 | 181,717 | 206,949 | 272,273 | 280,968 | 237,180 | 202,873 | 162,181 | 156,479 |
Minority Interest in Earnings | 219 | 321 | -328 | -546.05 | -780 | -831.47 | -231.2 | -177.4 | -184.09 | -263.61 | -388.1 | -204.67 | -82.02 | -37.53 | -24.66 | 102.63 | 152.94 | 140.4 | 129.5 | 220.87 |
Net Income to Common | 706,562 | 572,480 | 505,744 | 452,301 | 398,273 | 361,564 | 359,792 | 325,258 | 247,846 | 225,485 | 251,954 | 211,000 | 181,799 | 206,987 | 272,297 | 280,866 | 237,027 | 202,733 | 162,051 | 156,258 |
Net Income Growth (YoY) | 77.41% | 58.33% | 40.57% | 39.06% | 60.69% | 60.35% | 42.80% | 54.15% | 36.33% | 8.94% | -7.47% | -24.88% | -23.30% | 2.10% | 68.03% | 79.75% | 76.41% | 45.13% | 13.51% | 13.80% |
Shares Outstanding (Basic) | 5,186 | 5,186 | 5,186 | 5,186 | 5,186 | 5,185 | 5,186 | 5,185 | 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) | 0.01% | 0.01% | 0.01% | 0.01% | -0.01% | -0.00% | - | -0.00% | 0.01% | 0.00% | - | 0.00% | 0.00% | -0.00% | -0.00% | -0.01% | -0.01% | -0.00% | - | - |
EPS (Basic) | 136.25 | 110.40 | 97.50 | 87.20 | 76.80 | 69.75 | 72.25 | 62.75 | 47.80 | 43.50 | 46.05 | 40.70 | 35.05 | 39.90 | 57.05 | 54.15 | 45.70 | 39.10 | 32.05 | 30.15 |
EPS (Diluted) | 136.25 | 110.40 | 97.50 | 87.20 | 76.80 | 69.70 | 72.25 | 62.70 | 47.80 | 43.50 | 46.05 | 40.70 | 35.05 | 39.90 | 57.05 | 54.15 | 45.70 | 39.10 | 32.05 | 30.15 |
EPS Growth (YoY) | 77.41% | 58.39% | 34.95% | 39.07% | 60.67% | 60.23% | 56.89% | 54.05% | 36.38% | 9.02% | -19.28% | -24.84% | -23.30% | 2.05% | 78.00% | 79.60% | 76.45% | 45.08% | 16.33% | 13.77% |
Free Cash Flow | 287,363 | 348,213 | 368,603 | 139,377 | 199,838 | 294,747 | 258,257 | 184,914 | 171,994 | 255,006 | 224,669 | 68,022 | -83,286 | 82,746 | 150,038 | 146,728 | 121,126 | 110,035 | 142,643 | 130,066 |
Free Cash Flow Growth (YoY) | 43.80% | 18.14% | 42.73% | -24.63% | 16.19% | 15.58% | 14.95% | 171.85% | - | 208.18% | 49.74% | -53.64% | - | -24.80% | 5.18% | 12.81% | 491.78% | - | -16.32% | 43.14% |
Free Cash Flow Per Share | 55.41 | 67.14 | 71.07 | 26.88 | 38.54 | 56.84 | 49.80 | 35.66 | 33.16 | 49.17 | 43.32 | 13.12 | -16.06 | 15.96 | 28.93 | 28.29 | 23.36 | 21.22 | 27.51 | 25.08 |
Dividends Per Share | - | 7.000 | 6.000 | 6.000 | 5.000 | 5.000 | 4.500 | 5.000 | 4.000 | 4.000 | 3.500 | 3.500 | 3.000 | 3.000 | 2.750 | 2.750 | 2.750 | 2.750 | 2.750 | 2.750 |
Dividend Growth (YoY) | - | 40.00% | 33.32% | 20.00% | 25.00% | 25.00% | 28.58% | 42.86% | 33.33% | 33.33% | 27.27% | 27.27% | 9.09% | 9.09% | 0% | 0% | 0% | 0% | 10.00% | 10.00% |
Gross Margin | 67.72% | 66.25% | 62.33% | 59.45% | 58.62% | 58.79% | 59.00% | 57.83% | 53.17% | 53.07% | 53.04% | 54.26% | 54.11% | 56.33% | 62.22% | 60.43% | 59.06% | 55.63% | 52.66% | 51.30% |
Operating Margin | 60.34% | 58.10% | 54.00% | 50.58% | 49.63% | 48.51% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 41.71% | 42.00% | 45.46% | 51.96% | 50.61% | 49.07% | 45.57% | 41.71% | 41.24% |
Profit Margin | 55.64% | 50.51% | 48.31% | 45.64% | 42.57% | 42.98% | 41.40% | 42.79% | 36.77% | 38.00% | 40.22% | 38.56% | 37.79% | 40.69% | 43.53% | 45.82% | 44.40% | 41.31% | 37.01% | 37.74% |
FCF Margin | 22.62% | 30.70% | 35.24% | 14.08% | 21.40% | 35.12% | 29.74% | 24.34% | 25.54% | 43.03% | 35.92% | 12.44% | -17.32% | 16.27% | 23.99% | 23.93% | 22.68% | 22.41% | 32.55% | 31.37% |
EBITDA | 965,141 | 824,416 | 727,015 | 663,472 | 651,481 | 582,220 | 596,091 | 528,995 | 451,722 | 408,041 | 410,853 | 375,345 | 325,897 | 341,561 | 432,623 | 415,670 | 375,349 | 334,892 | 293,435 | 278,030 |
EBITDA Margin | 75.97% | 72.69% | 69.50% | 67.02% | 69.77% | 69.37% | 68.64% | 69.63% | 67.07% | 68.85% | 65.68% | 68.65% | 67.78% | 67.15% | 69.16% | 67.79% | 70.27% | 68.20% | 66.97% | 67.05% |
EBIT | 766,603 | 658,966 | 564,903 | 500,685 | 463,423 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 228,065 | 201,958 | 231,238 | 325,041 | 310,324 | 262,124 | 223,790 | 182,772 | 171,004 |
EBIT Margin | 60.34% | 58.10% | 54.00% | 50.58% | 49.63% | 48.51% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 41.71% | 42.00% | 45.46% | 51.96% | 50.61% | 49.07% | 45.57% | 41.71% | 41.24% |
Effective Tax Rate | 18.05% | 16.72% | 14.68% | 14.01% | 19.38% | 16.28% | 19.88% | 15.38% | 19.15% | 15.50% | 14.36% | 12.87% | 15.35% | 15.28% | 11.59% | 11.28% | 10.83% | 10.56% | 9.99% | 9.99% |