ASE Technology (ASX) investor relations material

Executive summary

• Consolidated revenue grew 24% year-over-year in H1 2026, with ATM revenues up 35%, driven by advanced packaging and testing demand.

• Q2 2026 net revenues reached NT$191,064 million, up 27% year-over-year and 10% sequentially.

• Net income attributable to shareholders rose 180% year-over-year in Q2 2026, with basic EPS up 176% year-over-year to NT$4.80.

• Major acquisitions, including EugenLight and ASEPG, expanded business scope and goodwill.

• Significant investments in R&D, automation, and capacity to support multi-year AI-driven growth.

Financial highlights

• Q2 2026 gross profit was NT$40,150 million, gross margin 21.0%, up from 17.0% in Q2 2025.

• Operating profit was NT$21,134 million, up 107% year-over-year; operating margin 11.1%.

• Net income for Q2 was NT$21,068 million, up from NT$7,521 million in Q2 2025.

• EBITDA for Q2: NT$45,779 million.

• Basic EPS for Q2 2026 was NT$4.80.

Outlook and guidance

• Q3 2026 consolidated revenue expected to grow 21%-22% quarter-over-quarter; gross margin 20.5%-21.5%; operating margin 11.5%-12.5%.

• ATM business expected to maintain 35% year-over-year revenue growth into 2H2026.

• LEAP services revenue tracking ahead of prior guidance, with plans to double LEAP revenue in 2027.

• CapEx raised by $2 billion for 2026, with continued heavy investment into 2027.

• Pro-forma results including recent acquisitions would have further increased revenue and profit.