Taiwan Semiconductor Manufacturing Company Limited (TSM)
NYSE: TSM · Real-Time Price · USD
339.04
-2.45 (-0.72%)
At close: Apr 2, 2026, 4:00 PM EDT
336.90
-2.14 (-0.63%)
After-hours: Apr 2, 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 | 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 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | 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 | Mar '21 Mar 31, 2021 |
| 1,046,090 | 989,918 | 933,792 | 839,254 | 868,461 | 759,692 | 673,510 | 592,644 | 625,529 | 546,732 | 480,841 | 508,633 | 625,532 | 613,143 | 622,329 | 491,076 | 438,189 | 356,426 | 372,145 | 362,410 | |
Revenue Growth (YoY) | 20.45% | 30.30% | 38.65% | 41.61% | 38.84% | 38.95% | 40.07% | 16.52% | 0% | -10.83% | -22.73% | 3.57% | 42.75% | 72.02% | 67.23% | 35.50% | 21.20% | 0% | 19.78% | 16.68% |
Cost of Revenue | 394,104 | 401,375 | 386,423 | 345,859 | 356,083 | 320,346 | 315,386 | 278,139 | 293,761 | 250,066 | 220,641 | 222,133 | 236,247 | 243,620 | 300,199 | 217,873 | 207,510 | 159,340 | 185,948 | 172,571 |
Gross Profit | 651,987 | 588,543 | 547,369 | 493,395 | 512,378 | 439,346 | 358,124 | 314,505 | 331,768 | 296,665 | 260,200 | 286,500 | 389,185 | 369,523 | 322,130 | 273,203 | 230,755 | 197,085 | 186,197 | 189,839 |
Selling, General & Admin | 23,333 | 24,022 | 23,229 | 28,639 | 29,108 | 26,295 | 22,238 | 19,248 | 21,211 | 2,451 | 16,529 | 16,152 | 19,948 | 24,319 | 16,618 | 12,563 | 15,639 | 23,995 | 9,710 | 8,355 |
Research & Development | 64,858 | 63,742 | 61,280 | 56,547 | 57,231 | 52,784 | 48,058 | 46,109 | 50,410 | 42,878 | 41,665 | 39,158 | 44,587 | 42,078 | 41,071 | 36,049 | 32,238 | 32,793 | 30,873 | 30,756 |
Other Operating Expenses | -1,106 | 93.57 | -562.74 | 1,128 | 326.42 | -499.53 | 1,274 | 129.68 | -57.61 | -0.16 | 47.24 | -47.11 | -391.23 | -189.04 | - | 801.86 | 105.07 | -499.03 | -53.81 | 189.41 |
Total Operating Expenses | 87,084 | 87,858 | 83,946 | 86,314 | 86,665 | 78,579 | 71,569 | 65,487 | 71,563 | 45,328 | 58,242 | 55,262 | 64,144 | 66,207 | 57,689 | 49,413 | 47,983 | 56,289 | 40,530 | 39,301 |
Operating Income | 564,902 | 500,685 | 463,424 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 230,038 | 201,958 | 231,238 | 325,041 | 303,315 | 264,441 | 223,790 | 182,772 | 140,796 | 145,667 | 150,538 |
Interest Income | 30,990 | 27,605 | 26,413 | 26,228 | 25,563 | 24,162 | 22,131 | 20,237 | 18,869 | 15.2 | 14,806 | 14,649 | 12,206 | 685.77 | 6,497 | 3,399 | 3,023 | 24,042 | 2,601 | 2,728 |
Interest Expense | -3,043 | -2,959 | -3,691 | -2,677 | -2,523 | -2,636 | -2,638 | -2,698 | -2,919 | 2.03 | -3,005 | -2,962 | 3,335 | 1,437 | 1,047 | -2,141 | -2,174 | -1,678 | -1,134 | -772.1 |
Other Non-Operating Income (Expense) | -485.79 | 37.69 | 6,890 | 264.26 | 46.64 | 1,894 | 261.72 | -14.02 | 2,271 | 136.2 | 915.81 | 1,025 | 639.69 | -9.74 | 1,127 | 1,783 | 1,107 | 2,977 | 2,258 | 2,570 |
Total Non-Operating Income (Expense) | 27,461 | 24,684 | 29,612 | 23,815 | 23,087 | 23,421 | 19,755 | 17,525 | 18,222 | 14.61 | 12,717 | 13,037 | 9,511 | 5,411 | 5,544 | 3,042 | 1,957 | 25,341 | 3,724 | 4,526 |
Pretax Income | 592,363 | 525,369 | 493,035 | 430,895 | 448,799 | 384,187 | 306,311 | 266,543 | 278,426 | 244,646 | 214,675 | 244,275 | 334,551 | 308,726 | 269,985 | 226,832 | 184,729 | 166,137 | 149,391 | 155,064 |
Provision for Income Taxes | - | 73,614 | 95,542 | 70,163 | 89,238 | 59,107 | 58,649 | 41,322 | 26,860 | -33,865 | 32,958 | 37,324 | 62,279 | -3,573 | 50,760 | 23,958 | 22,548 | 10,948 | 14,909 | 15,326 |
Net Income | 505,744 | 452,301 | 398,273 | 361,564 | 359,792 | 325,258 | 247,846 | 225,485 | 251,954 | 210,900 | 181,799 | 206,987 | 272,297 | 280,873 | 219,225 | 202,733 | 162,051 | 155,325 | 134,359 | 139,690 |
Minority Interest in Earnings | -328.66 | -546.05 | -779.68 | -831.47 | -231.2 | -177.4 | -184.09 | -263.61 | -388.1 | -0.12 | -82.02 | -37.53 | -24.66 | -7,880 | - | 140.4 | 129.5 | -136.6 | 122.77 | 48.26 |
Net Income to Common | 505,744 | 452,301 | 398,273 | 361,564 | 359,792 | 325,258 | 247,846 | 225,485 | 251,954 | 210,900 | 181,799 | 206,987 | 272,297 | 280,873 | 219,225 | 202,733 | 162,051 | 155,325 | 134,359 | 139,690 |
Net Income Growth | 40.57% | 39.06% | 60.69% | 60.35% | 42.80% | 54.22% | 36.33% | 8.94% | -7.47% | -24.91% | -17.07% | 2.10% | 68.03% | 80.83% | 63.16% | 45.13% | -55.18% | 13.12% | 11.20% | 19.41% |
Shares Outstanding (Basic) | 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 | 5,186 | 5,186 |
Shares Outstanding (Diluted) | 5,186 | 5,186 | 5,186 | 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 | 5,186 | 5,186 | 5,186 | 5,186 |
Shares Change (YoY) | -0.01% | 0.01% | -0.01% | -0.00% | - | -0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | -0.00% | 0.00% | -0.01% | -0.01% | -0.00% | 0.01% | - | - | - |
EPS (Basic) | 97.50 | 87.20 | 76.80 | 69.75 | 57.90 | 62.75 | 47.80 | 43.50 | 46.05 | 40.70 | 35.05 | 39.90 | 57.05 | 54.15 | 45.70 | 39.10 | 39.90 | 30.15 | 25.90 | 26.95 |
EPS (Diluted) | 97.50 | 87.20 | 76.80 | 69.70 | 57.90 | 62.70 | 47.80 | 43.50 | 46.05 | 40.70 | 35.05 | 39.90 | 57.05 | 54.15 | 45.70 | 39.10 | 39.90 | 30.15 | 25.90 | 26.95 |
EPS Growth | 68.39% | 39.07% | 60.67% | 60.23% | 25.73% | 54.05% | 36.38% | 9.02% | -19.28% | -24.84% | -23.30% | 2.05% | 42.98% | 79.60% | 76.45% | 45.08% | 44.83% | 13.77% | 11.16% | 19.51% |
Shares Outstanding | 5,186 | 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 | 5,186 |
Free Cash Flow | 368,603 | 139,377 | 199,838 | 294,747 | 258,256 | 184,914 | 172,054 | 254,946 | 204,095 | 88,595 | -83,286 | 82,746 | 150,038 | 146,728 | 121,126 | 110,035 | 142,643 | 130,066 | 20,468 | -20,213 |
Free Cash Flow Growth | 42.73% | -24.63% | 16.15% | 15.61% | 26.54% | 108.72% | - | 208.11% | 36.03% | -39.62% | - | -24.80% | 5.18% | 12.81% | 491.77% | - | -16.32% | 43.14% | -53.07% | - |
Free Cash Flow Per Share | 71.07 | 26.88 | 38.54 | 56.84 | 49.79 | 35.66 | 33.18 | 49.16 | 39.35 | 17.08 | -16.06 | 15.96 | 28.93 | 28.29 | 23.36 | 21.22 | 27.50 | 25.08 | 3.95 | -3.90 |
Dividends Per Share | 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 | 2.750 | 2.750 |
Dividend Growth | 33.32% | 20.00% | 25.00% | 25.00% | 28.58% | 42.86% | 33.33% | 33.33% | 27.27% | 27.27% | 9.09% | 9.09% | - | - | - | - | 10.00% | 10.00% | 10.00% | 10.00% |
Gross Margin | 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% | 60.27% | 51.76% | 55.63% | 52.66% | 55.29% | 50.03% | 52.38% |
Operating Margin | 54.00% | 50.58% | 49.63% | 48.51% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 42.08% | 42.00% | 45.46% | 51.96% | 49.47% | 42.49% | 45.57% | 41.71% | 39.50% | 39.14% | 41.54% |
Profit Margin | 56.63% | 45.64% | 42.57% | 42.98% | 41.40% | 42.79% | 36.77% | 38.00% | 40.22% | 38.55% | 37.79% | 40.69% | 43.53% | 44.52% | 35.23% | 41.31% | 37.01% | 43.54% | 36.14% | 38.56% |
FCF Margin | 35.24% | 14.08% | 21.40% | 35.12% | 29.74% | 24.34% | 25.55% | 43.02% | 32.63% | 16.20% | -17.32% | 16.27% | 23.99% | 23.93% | 19.46% | 22.41% | 32.55% | 36.49% | 5.50% | -5.58% |
EBITDA | 727,014 | 663,472 | 651,482 | 582,220 | 596,091 | 528,195 | 451,722 | 408,041 | 410,879 | 377,292 | 325,898 | 341,561 | 432,623 | 408,660 | 377,666 | 334,892 | 293,435 | 247,833 | 249,462 | 251,439 |
EBITDA Margin | 69.50% | 67.02% | 69.77% | 69.37% | 68.64% | 69.53% | 67.07% | 68.85% | 65.69% | 69.01% | 67.78% | 67.15% | 69.16% | 66.65% | 60.69% | 68.20% | 66.97% | 69.53% | 67.03% | 69.38% |
EBIT | 564,902 | 500,685 | 463,424 | 407,081 | 425,713 | 360,766 | 286,556 | 249,018 | 260,204 | 230,038 | 201,958 | 231,238 | 325,041 | 303,315 | 264,441 | 223,790 | 182,772 | 140,796 | 145,667 | 150,538 |
EBIT Margin | 54.00% | 50.58% | 49.63% | 48.51% | 49.02% | 47.49% | 42.55% | 42.02% | 41.60% | 42.08% | 42.00% | 45.46% | 51.96% | 49.47% | 42.49% | 45.57% | 41.71% | 39.50% | 39.14% | 41.54% |
Effective Tax Rate | 0.00% | 14.01% | 19.38% | 16.28% | 19.88% | 15.38% | 19.15% | 15.50% | 9.65% | -13.84% | 15.35% | 15.28% | 18.62% | -1.16% | 18.80% | 10.56% | 12.21% | 6.59% | 9.98% | 9.88% |
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.