Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
434.67
+4.41 (1.02%)
At close: Sep 18, 2026, 4:00 PM EDT
433.36
-1.31 (-0.30%)
After-hours: Sep 18, 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 |
| 1,270,380 | 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 | 394,104 | 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 | 23,229 | 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 | 64,858 | 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 | -1,676 | -216.36 | 93.57 | -562.74 | 1,128 | 326.4 | -499.53 | 1,274 | 129.68 | -57.61 | -131.23 | 47.24 | -47.11 | -391.19 | -11.96 | -30.27 | 11.12 | 105.06 | 92.73 |
Operating Expenses | 93,708 | 92,329 | 87,974 | 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 | 48,622 | 47,983 | 41,743 |
Operating Income | 766,603 | 658,966 | 564,012 | 500,685 | 463,424 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 228,065 | 201,958 | 231,238 | 325,041 | 310,324 | 262,124 | 224,581 | 182,772 | 171,004 |
Interest Expense | -3,085 | -2,717 | -3,043 | -2,959 | -3,691 | -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 |
Interest & Investment Income | 30,045 | 28,862 | 29,507 | 26,180 | 25,192 | 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 |
Earnings From Equity Investments | 1,438 | 1,685 | 1,475 | 1,425 | 1,221 | 1,368 | 1,290 | 1,561 | 1,152 | 878 | 1,460 | 1,167 | 1,134 | 1,039 | 1,618 | 2,078 | 2,258 | 1,725 | 1,561 | 1,513 |
Currency Exchange Gain (Loss) | 419.97 | 6,179 | 8,315 | 6,761 | -4,783 | 3,538 | 4,416 | 202.64 | 2,185 | 3,197 | -846.68 | -791.54 | -1,003 | -44.36 | -1,353 | -3,748 | 7,865 | 1,743 | 3,814 | 3,725 |
Other Non Operating Income (Expenses) | 3,866 | -5,133 | -8,678 | -6,707 | 11,688 | -3,064 | -3,965 | 1,789 | -1,809 | -3,102 | 3,198 | 1,153 | 2,055 | 1,530 | 2,076 | 4,904 | -6,775 | 192.63 | -2,614 | -2,428 |
EBT Excluding Unusual Items | 799,287 | 687,842 | 591,587 | 525,386 | 493,051 | 431,105 | 449,204 | 384,285 | 306,425 | 266,652 | 278,506 | 242,076 | 214,811 | 244,417 | 334,634 | 316,802 | 266,114 | 227,775 | 184,822 | 173,836 |
Gain (Loss) on Sale of Investments | 63,143 | -42.7 | -122.17 | -16.51 | -15.75 | -41.88 | -404.13 | -97.93 | -114.76 | -109.08 | -80.11 | -135.93 | -136.01 | -141.86 | -83.09 | -111.38 | -115.48 | -152.55 | -92.7 | 15.98 |
Gain (Loss) on Sale of Assets | - | - | -0.01 | - | - | -167.99 | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Asset Writedown | - | - | 889.98 | - | - | - | -0.02 | - | - | - | - | - | - | - | 0.04 | - | - | -790.74 | -0.01 | - |
Pretax Income | 862,430 | 687,800 | 592,355 | 525,369 | 493,035 | 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 |
Income Tax Expense | 155,649 | 114,998 | 107,212 | 73,614 | 95,542 | 70,163 | 89,238 | 59,107 | 58,649 | 41,322 | 26,860 | 31,145 | 32,958 | 37,326 | 62,279 | 35,722 | 28,818 | 23,958 | 22,548 | 17,372 |
Earnings From Continuing Operations | 706,781 | 572,801 | 485,143 | 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 | -218.99 | -321.55 | 321.91 | 546.05 | 779.68 | 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 | 706,562 | 572,480 | 485,465 | 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 to Common | 706,562 | 572,480 | 485,465 | 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% | 34.93% | 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% | 19.48% | 13.80% |
Shares Outstanding (Basic) | 25,931 | 25,930 | 25,931 | 25,929 | 25,928 | 25,927 | 25,929 | 25,926 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,930 | 25,930 | 25,930 |
Shares Outstanding (Diluted) | 25,932 | 25,931 | 25,931 | 25,930 | 25,929 | 25,929 | 25,929 | 25,928 | 25,931 | 25,930 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,929 | 25,930 | 25,930 | 25,930 |
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) | 27.25 | 22.08 | 18.72 | 17.44 | 15.36 | 13.95 | 13.88 | 12.55 | 9.56 | 8.70 | 9.72 | 8.14 | 7.01 | 7.98 | 10.50 | 10.83 | 9.14 | 7.82 | 6.25 | 6.03 |
EPS (Diluted) | 27.25 | 22.08 | 18.72 | 17.44 | 15.36 | 13.94 | 13.87 | 12.54 | 9.56 | 8.70 | 9.72 | 8.14 | 7.01 | 7.98 | 10.50 | 10.83 | 9.14 | 7.82 | 6.25 | 6.03 |
EPS Growth (YoY) | 77.40% | 58.38% | 34.97% | 39.07% | 60.69% | 60.30% | 42.74% | 54.10% | 36.36% | 8.97% | -7.46% | -24.86% | -23.30% | 2.07% | 68.01% | 79.72% | 76.45% | 45.13% | 19.49% | 13.80% |
Additional Metrics
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 |
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 Per Share | 11.08 | 13.43 | 14.21 | 5.38 | 7.71 | 11.37 | 9.96 | 7.13 | 6.63 | 9.84 | 8.66 | 2.62 | -3.21 | 3.19 | 5.79 | 5.66 | 4.67 | 4.24 | 5.50 | 5.02 |
Dividend Per Share | 7.000 | 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% | 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% | 53.92% | 50.58% | 49.63% | 48.50% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 41.71% | 42.00% | 45.46% | 51.96% | 50.61% | 49.07% | 45.73% | 41.71% | 41.24% |
Profit Margin | 55.62% | 50.48% | 46.41% | 45.69% | 42.65% | 43.08% | 41.43% | 42.81% | 36.80% | 38.05% | 40.28% | 38.59% | 37.81% | 40.70% | 43.53% | 45.81% | 44.38% | 41.28% | 36.98% | 37.68% |
Free Cash Flow 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 | 961,973 | 821,501 | 723,299 | 660,692 | 648,867 | 579,734 | 593,749 | 526,756 | 449,535 | 405,660 | 408,604 | 373,088 | 323,738 | 339,459 | 430,594 | 413,664 | 373,422 | 333,797 | 291,656 | 276,218 |
EBITDA Margin | 75.72% | 72.44% | 69.14% | 66.74% | 69.49% | 69.08% | 68.37% | 69.34% | 66.75% | 68.45% | 65.32% | 68.24% | 67.33% | 66.74% | 68.84% | 67.47% | 69.91% | 67.97% | 66.56% | 66.61% |
D&A For EBITDA | 195,371 | 162,535 | 159,287 | 160,007 | 185,443 | 172,653 | 168,036 | 165,990 | 162,979 | 156,642 | 148,400 | 145,023 | 121,780 | 108,221 | 105,553 | 103,340 | 111,298 | 109,216 | 108,884 | 105,215 |
EBIT | 766,603 | 658,966 | 564,012 | 500,685 | 463,424 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 228,065 | 201,958 | 231,238 | 325,041 | 310,324 | 262,124 | 224,581 | 182,772 | 171,004 |
EBIT Margin | 60.34% | 58.10% | 53.92% | 50.58% | 49.63% | 48.50% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 41.71% | 42.00% | 45.46% | 51.96% | 50.61% | 49.07% | 45.73% | 41.71% | 41.24% |
Effective Tax Rate | 18.05% | 16.72% | 18.10% | 14.01% | 19.38% | 16.28% | 19.88% | 15.38% | 19.15% | 15.50% | 9.65% | 12.87% | 15.35% | 15.28% | 18.62% | 11.28% | 10.83% | 10.56% | 12.21% | 9.99% |