Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
429.86
+7.80 (1.85%)
Aug 12, 2026, 11:04 AM EDT - Market open
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 |
| 4,440,492 | 4,103,903 | 3,809,054 | 3,631,425 | 3,401,199 | 3,140,917 | 2,894,308 | 2,651,375 | 2,438,416 | 2,245,747 | 2,161,736 | 2,161,739 | 2,228,149 | 2,281,448 | 2,263,891 | 2,076,549 | 1,878,076 | 1,716,081 | 1,587,415 | 1,510,759 | |
Revenue Growth (YoY) | 30.56% | 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% |
Cost of Revenue | 1,588,356 | 1,564,709 | 1,527,760 | 1,489,740 | 1,408,711 | 1,337,674 | 1,269,954 | 1,207,632 | 1,137,376 | 1,042,632 | 986,625 | 929,211 | 921,765 | 919,796 | 915,537 | 886,624 | 845,904 | 813,180 | 767,878 | 726,740 |
Gross Profit | 2,852,136 | 2,539,194 | 2,281,294 | 2,141,685 | 1,992,488 | 1,803,243 | 1,624,354 | 1,443,743 | 1,301,040 | 1,203,115 | 1,175,111 | 1,232,528 | 1,306,384 | 1,361,652 | 1,348,355 | 1,189,925 | 1,032,172 | 902,901 | 819,537 | 784,018 |
Selling, General & Admin | 99,440 | 96,832 | 99,222 | 104,996 | 107,269 | 106,279 | 96,889 | 88,992 | 80,268 | 74,560 | 71,464 | 70,201 | 69,839 | 67,035 | 63,445 | 59,136 | 52,711 | 48,695 | 44,488 | 45,611 |
Research & Development | 269,502 | 257,636 | 246,427 | 238,801 | 227,843 | 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 |
Other Operating Expenses | -7,963 | -3,251 | -447.3 | 986.2 | 393.1 | 2,229 | 1,230 | 846.18 | 1,214 | -11.91 | -188.7 | -522.32 | -403.05 | -480.57 | 368.4 | 864.7 | 969.39 | 945.85 | 333.4 | 23.33 |
Total Operating Expenses | 360,979 | 351,217 | 345,202 | 344,784 | 335,505 | 323,128 | 302,301 | 287,199 | 277,197 | 263,870 | 253,645 | 246,226 | 237,823 | 232,925 | 227,076 | 210,915 | 192,483 | 179,668 | 169,556 | 168,070 |
Operating Income | 2,491,157 | 2,187,977 | 1,936,092 | 1,796,901 | 1,656,983 | 1,480,116 | 1,322,053 | 1,156,545 | 1,023,843 | 939,246 | 921,466 | 986,302 | 1,068,561 | 1,128,727 | 1,121,279 | 979,010 | 839,689 | 723,233 | 649,981 | 624,329 |
Interest Income | 26,180 | 26,180 | 105,739 | 75,313 | 71,734 | 92,714 | 87,213 | 80,349 | 73,342 | 66,035 | 60,294 | 53,472 | 44,492 | 34,366 | 22,422 | 13,298 | 8,039 | 5,922 | 5,709 | 5,899 |
Interest Expense | -2,959 | -2,959 | -12,370 | -8,159 | -7,836 | -10,474 | -10,495 | -10,891 | -11,367 | -11,734 | -11,999 | -12,416 | -12,674 | -12,573 | -11,750 | -10,589 | -8,553 | -6,783 | -5,414 | -4,009 |
Other Non-Operating Income (Expense) | 153,583 | 87,369 | 60,158 | 34,044 | 36,037 | 7,838 | 7,069 | 9,319 | 7,257 | 7,893 | 9,556 | 8,083 | 9,812 | 10,995 | 12,121 | 12,531 | 12,235 | 12,432 | 12,761 | 11,370 |
Total Non-Operating Income (Expense) | 176,805 | 110,591 | 153,527 | 101,198 | 99,935 | 90,077 | 83,787 | 78,777 | 69,232 | 62,194 | 57,851 | 49,140 | 41,631 | 32,788 | 22,793 | 15,240 | 11,721 | 11,570 | 13,055 | 13,260 |
Pretax Income | 2,667,962 | 2,298,568 | 2,041,655 | 1,898,100 | 1,756,918 | 1,570,192 | 1,405,840 | 1,235,467 | 1,093,220 | 1,001,585 | 979,317 | 1,035,442 | 1,110,192 | 1,161,515 | 1,144,072 | 994,250 | 851,411 | 734,803 | 663,036 | 639,414 |
Provision for Income Taxes | 431,209 | 371,103 | 346,530 | 328,558 | 314,051 | 277,157 | 248,316 | 199,053 | 171,091 | 145,400 | 128,289 | 140,220 | 144,798 | 140,658 | 150,778 | 106,945 | 88,595 | 74,686 | 70,155 | 65,890 |
Net Income | 2,236,753 | 1,927,465 | 1,695,125 | 1,569,542 | 1,442,867 | 1,293,035 | 1,157,524 | 1,049,529 | 935,244 | 869,300 | 851,028 | 871,734 | 941,907 | 997,370 | 993,295 | 883,203 | 758,714 | 656,015 | 592,881 | 573,524 |
Minority Interest in Earnings | -334.05 | -1,333 | -2,479 | -2,389 | -2,020 | -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 |
Net Income to Common | 2,237,087 | 1,928,798 | 1,697,604 | 1,571,931 | 1,444,887 | 1,294,459 | 1,158,380 | 1,050,542 | 936,285 | 870,238 | 851,740 | 872,083 | 941,949 | 997,177 | 992,923 | 882,678 | 758,070 | 655,402 | 592,359 | 573,074 |
Net Income Growth (YoY) | 54.83% | 49.00% | 46.55% | 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% | 15.98% | 14.65% |
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) | 0.01% | 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) | 431.35 | 371.90 | 327.35 | 306.00 | 281.55 | 252.55 | 223.40 | 200.10 | 178.05 | 165.30 | 164.25 | 172.70 | 186.15 | 196.80 | 191.45 | 171.00 | 147.00 | 127.20 | 114.20 | 110.55 |
EPS (Diluted) | 431.35 | 371.90 | 327.35 | 305.95 | 281.45 | 252.45 | 223.35 | 200.05 | 178.05 | 165.30 | 164.25 | 172.70 | 186.15 | 196.80 | 191.45 | 171.00 | 147.00 | 127.20 | 114.20 | 110.55 |
EPS Growth (YoY) | 53.26% | 47.32% | 46.56% | 52.94% | 58.07% | 52.72% | 35.98% | 15.84% | -4.35% | -16.01% | -14.21% | 0.99% | 26.63% | 54.72% | 67.64% | 54.68% | 37.51% | 21.96% | 15.94% | 16.74% |
Free Cash Flow | 1,143,557 | 1,056,032 | 1,002,565 | 892,219 | 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 |
Free Cash Flow Growth (YoY) | 21.95% | 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% |
Free Cash Flow Per Share | 220.50 | 203.63 | 193.32 | 172.05 | 180.83 | 175.46 | 167.79 | 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 |
Dividends Per Share | 12.000 | 24.000 | 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 |
Dividend Growth (YoY) | -36.84% | 33.33% | 29.41% | 28.13% | 26.66% | 28.57% | 30.77% | 30.61% | 30.44% | 24.44% | 18.18% | 11.36% | 4.54% | 2.27% | 0% | 2.33% | 4.76% | 7.32% | 10.00% | 7.50% |
Gross Margin | 64.23% | 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% |
Operating Margin | 56.10% | 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% |
Profit Margin | 50.37% | 46.97% | 44.50% | 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% |
FCF Margin | 25.75% | 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% |
EBITDA | 3,180,045 | 2,866,385 | 2,624,188 | 2,493,264 | 2,358,787 | 2,159,028 | 1,984,850 | 1,799,611 | 1,645,962 | 1,520,137 | 1,453,657 | 1,475,426 | 1,515,751 | 1,565,202 | 1,558,533 | 1,419,345 | 1,281,706 | 1,155,829 | 1,072,376 | 1,033,623 |
EBITDA Margin | 71.61% | 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% |
EBIT | 2,491,157 | 2,187,977 | 1,936,092 | 1,796,901 | 1,656,983 | 1,480,116 | 1,322,053 | 1,156,545 | 1,023,843 | 939,246 | 921,466 | 986,302 | 1,068,561 | 1,128,727 | 1,121,279 | 979,010 | 839,689 | 723,233 | 649,981 | 624,329 |
EBIT Margin | 56.10% | 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% |
Effective Tax Rate | 16.16% | 16.14% | 16.97% | 17.31% | 17.88% | 17.65% | 17.66% | 16.11% | 15.65% | 14.52% | 13.10% | 13.54% | 13.04% | 12.11% | 13.18% | 10.76% | 10.41% | 10.16% | 10.58% | 10.30% |