TSMC Posts Record Q3 Profit and Guides Higher Q4 Revenue
Taiwan Semiconductor Manufacturing Company reported third-quarter 2026 revenue of NT$1,494.24B, net income of NT$763.06B and EPS of NT$29.43 on October 15. Revenue rose 50.9% year over year and net income increased 68.7%, supported by demand for advanced chips. TSMC guided fourth-quarter revenue to $52.3 billion-$54.3 billion with gross margins of 65%-67%, and reiterated 2026 capital spending of $60-$64 billion.
Why it matters
The results exceeded analyst expectations, while the higher Q4 revenue outlook supports continued near-term growth. TSMC's earnings-call materials say margin dilution from the 2-nanometer ramp and overseas-fab expansion will weigh on profitability.
Key facts
- 1TSMC reported third-quarter revenue of NT$1,494.24B, net income of NT$763.06B and EPS of NT$29.43. pr.tsmc.com
- 2Third-quarter revenue increased 50.9% year over year and net income rose 68.7%. pr.tsmc.com
- 3TSMC expects fourth-quarter revenue between $52.3 billion and $54.3 billion, with gross margin between 65% and 67%. benzinga.com
- 4Advanced technologies of 7-nanometer and below represented 79% of wafer revenue, while gross margin was 66.4%. benzinga.com
- 5TSMC reiterated 2026 capital expenditures of $60-$64 billion. benzinga.com
Summary written by AlphAI AI Desk from 20 of 50 sources. Not investment advice. Figures are as stated by the linked sources.