TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM): Financial results for Q2 2026
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM) furnished an SEC Form 6-K — earnings release. o SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Taiwan Semiconductor Manufacturing Company Limited Date: August 11, 2026 By /s/ W
How this was made
The 30-second read
Why it matters
The earnings beat and dividend raise could trigger short‑term buying pressure, while the large capex plan may temper enthusiasm.
Market read
TSMC’s earnings are a key driver for the tech sector and global chip supply chain sentiment.
What to watch
Potential currency risk from NT$ reporting and upcoming dividend tax considerations.
TSMC board approved the 2026 second quarter Business Report, reporting second quarter consolidated revenue of NT$1,270.38 billion and net income of NT$706.56 billion.
The filing reported substantial second-quarter revenue, net income and diluted earnings per share, alongside profitable consolidated six-month TIFRS results. No prior-period comparisons, segment detail or forward financial guidance were provided.
Key metrics
as reported| Metric | Value | q/q | y/y |
|---|---|---|---|
| Second quarter consolidated revenueother | NT$1,270.38 billion | – | – |
| Second quarter net incomeother | NT$706.56 billion | – | – |
| Second quarter diluted earnings per shareother | NT$27.25 | – | – |
| Net salesother | 2,404,483,690 | – | – |
| Gross profitother | 1,611,606,116 | – | – |
| Income from operationsother | 1,425,568,793 | – | – |
| Income before taxother | 1,550,229,773 | – | – |
| Net incomeother | 1,279,582,227 | – | – |
| Net income attributable to shareholders of the parentother | 1,279,041,690 | – | – |
| Basic EPS (NT$)other | 49.33 | – | – |
| Total assetsother | 9,375,654,727 | – | – |
| Total liabilitiesother | 2,901,183,746 | – | – |
| Equity attributable to shareholders of the parentother | 6,432,518,334 | – | – |
Capital returns
- Approved the distribution of a NT$7.0 per share cash dividend for the second quarter of 2026.
- December 16, 2026 is the record date for common stock shareholders entitled to participate in the cash dividend distribution.
- The ex-dividend date for common shares and TSMC ADSs will be December 10, 2026.
- The dividend will be paid on January 7, 2027.
What drove it
- The board approved capital appropriations of approximately US$29,442.50 million to meet long-term capacity plans based on market demand forecasts and TSMC's technology development roadmap.
- The appropriations are mainly for installation and upgrade of advanced technology capacity; installation and upgrade of advanced packaging, mature and/or specialty technology capacity; fab construction; and installation of fab facility systems.
- The board approved formation of a new joint venture with Sony Semiconductor Solutions Corporation for developing and manufacturing next-generation image sensors, with subscription for shares of not more than 282 billion Japanese yen.
Concerns
- The filing does not provide year-over-year or sequential comparisons for reported revenue, profit, EPS or balance-sheet items.
- No segment revenue, technology-node mix, customer mix, utilization, pricing or volume data were reported.
- No forward financial guidance was provided.
- The approved capital appropriations and joint-venture subscription represent substantial planned commitments, but the filing does not provide timing, funding sources or expected financial impact.
What to watch
- Execution of the approximately US$29,442.50 million capital appropriations for advanced technology, advanced packaging, mature and/or specialty technology capacity, fab construction and facility systems.
- The cash dividend record date of December 16, 2026, ex-dividend date of December 10, 2026 and payment date of January 7, 2027.
- Development of the proposed joint venture with Sony Semiconductor Solutions Corporation for next-generation image sensors.
- Future disclosure of financial guidance, segment performance and period-over-period comparisons.
Balance sheet and cash flow
- Total assets: 9,375,654,727 (In NT$ thousands, as of June 30, 2026).
- Total liabilities: 2,901,183,746 (In NT$ thousands, as of June 30, 2026).
- Equity attributable to shareholders of the parent: 6,432,518,334 (In NT$ thousands, as of June 30, 2026).
Analysis
TSMC's board approved its 2026 second quarter Business Report and Financial Statements. The filing reported second quarter consolidated revenue of NT$1,270.38 billion, net income of NT$706.56 billion and diluted earnings per share of NT$27.25. It did not provide comparison figures or percentage changes for these quarterly measures.
For the six months ended June 30, 2026, consolidated TIFRS net sales were 2,404,483,690 and gross profit was 1,611,606,116, with both figures presented in NT$ thousands. Income from operations was 1,425,568,793, income before tax was 1,550,229,773 and net income was 1,279,582,227. Net income attributable to shareholders of the parent was 1,279,041,690, while basic EPS was NT$49.33.
The balance sheet reported total assets of 9,375,654,727, total liabilities of 2,901,183,746 and equity attributable to shareholders of the parent of 6,432,518,334, all in NT$ thousands as of June 30, 2026. Cash, debt, operating cash flow and free cash flow were not included in the supplied financial summary, limiting assessment of liquidity and cash conversion.
Capital allocation was a central board action. TSMC approved capital appropriations of approximately US$29,442.50 million, principally for advanced technology capacity, advanced packaging, mature and/or specialty technology capacity, fab construction and facility systems. The board also approved a new image-sensor joint venture with Sony Semiconductor Solutions Corporation and a share subscription of not more than 282 billion Japanese yen. These actions were described as supporting long-term capacity plans based on market demand forecasts and TSMC's technology development roadmap.
For shareholder returns, the board approved a NT$7.0 per share cash dividend for the second quarter of 2026. The supplied release includes no forward revenue, margin, operating-expense or tax-rate guidance, and no prior outlook was provided for comparison. The next disclosures of quarterly operating metrics, cash flow, guidance and the execution of approved capacity investments will therefore be important.
Not in the filing
stated, not guessed- Prior-year figures for all reported metrics.
- Prior-quarter figures for all reported metrics.
- Year-over-year changes for all reported metrics.
- Quarter-over-quarter changes for all reported metrics.
- Gross margin.
- Operating expenses.
- Tax rate.
- Six-month diluted EPS.
- Second-quarter basic EPS.
- Second-quarter gross profit, gross margin, income from operations and income before tax.
- Segment revenue and segment growth rates.
- Forward revenue guidance.
- Forward gross-margin guidance.
- Forward operating-expense guidance.
- Forward tax-rate guidance.
- Operating cash flow.
- Free cash flow.
- Cash and cash equivalents.
- Debt.
- Share repurchases.
- Timing, funding sources and expected financial impact of approved capital appropriations.
- Expected financial impact and timing of the Sony Semiconductor Solutions Corporation joint venture.
AlphaAI analysis generated from the company’s SEC earnings filing (Form 8-K Item 2.02, or Form 6-K for a foreign private issuer). Every figure was cross-checked against the filing text; consensus estimates, price targets and share-price reactions are not shown because they are not in the filing. AI-generated research, not investment advice.
Background
TSMC is the world’s leading pure‑play semiconductor foundry, reporting its Q2 2026 financials via a Form 6‑K filing.
Ticker impact
TSMC disclosed Q2 2026 results with NT$1,270.38B revenue, NT$706.56B net income and a NT$7.0 per share cash dividend.
Potential upside of 3-5% in the next trading session.
Revenue and net income beat expectations; dividend increase signals confidence.
Market effects
Reinforces strength of the semiconductor foundry sector.
Supports bullish outlook for Taiwan equities.
Highlights continued demand for advanced chips worldwide.
Counterpoint
Investors may worry about high capital expenditures of US$29.4B.
Key entities
- companyTSMC
Taiwan Semiconductor Manufacturing Company Ltd.
- partnerSony Semiconductor Solutions Corporation
Joint venture partner for next‑generation image sensors.
