ASE Technology raises 2026 LEAP outlook, beats Q3 earnings and lifts 2026 capex
ASE Technology reported Q3 2026 results with computing revenue up 39% and EMS revenue rising 42% sequentially. The company lifted its 2026 LEAP revenue target to over $4 billion and increased its 2026 capital‑expenditure budget to $11.5 billion. Quarterly earnings came in at 37 cents per ADS, beating the 34‑cent consensus, while consolidated revenue reached $7.63 billion. Management guided Q4 revenue growth of 6%‑8% sequentially and expects margin expansion as capacity constraints ease.
Why it matters
The higher LEAP outlook and stronger earnings suggest accelerating revenue and margin growth, which could boost future earnings per share. The $11.5 billion capex increase signals significant cash‑flow outlays that investors should monitor for near‑term liquidity impact.
Key facts
- 1Computing revenue grew 39% in Q3 2026. finance.yahoo.com
- 2EMS revenue rose 42% sequentially to TWD 93.5 billion. finance.yahoo.com
- 3LEAP 2026 revenue outlook raised to more than $4 billion, up from $3.7 billion. finance.yahoo.com
- 4Consolidated Q3 2026 revenue was $7.63 billion, a 44.8% year‑over‑year increase. zacks.com
- 5Q3 2026 earnings were 37 cents per ADS, beating the consensus estimate of 34 cents per ADS. zacks.com
- 62026 capital‑expenditure budget increased to $11.5 billion. zacks.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.