United Microelectronics reports Q3 2026 earnings with mixed results and raises capex budget

United Microelectronics (UMC) posted Q3 2026 revenue of NT$74.239 billion, up 26% year‑over‑year, and net income of NT$16.434 billion. Earnings per share came in at NT$1.32, while U.S.‑reported EPS was $0.206, missing the $0.12 consensus forecast. The company approved an additional capital‑expenditure budget of $3.2 billion for future expansion.

The EPS miss may pressure the stock despite the strong revenue beat, while the larger capex budget signals confidence in demand and could drive future growth.

  • 1Analysts expected EPS of $0.12 for Q3 2026.
  • 2Analysts expected revenue of $2.31 billion, a 19.1% year‑over‑year increase.
  • 3Reported Q3 revenue was $2.32 billion, up 26% year‑over‑year.
  • 4Reported EPS was $0.206, below estimates.
  • 5Net income rose to NT$16.434 billion, from NT$14.982 billion a year earlier.
  • 6EPS was NT$1.32, up from NT$1.20 a year earlier.

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