ChipMOS TECHNOLOGIES (8150) investor relations material

Executive summary

• Q2 2026 revenue reached NT$7,383.1 million, up 6.5% sequentially and 28.7% year-over-year, the highest since 2014, driven by strong memory, automotive, and industrial demand, and improved utilization.

• Net profit attributable to the company was NT$892 million in Q2 2026, reversing a net loss in Q2 2025; EPS reached NT$1.28, up from NT$0.72 in Q1 2026.

• Gross margin improved to 18.0%, up 4.2 percentage points from Q1 and 11.4 points year-over-year.

• Memory products, especially DRAM and Flash, led growth, with DRAM revenue up over 70% year-over-year and Flash up more than 32%.

• For the six months ended June 30, 2026, revenue was NT$14,318.7 million, up 27% year-over-year, with net income of NT$1,396.5 million and EPS of NT$2.00.

Financial highlights

• Q2 2026 total revenue: NT$7,383 million; gross profit: NT$1,326 million; operating profit: NT$948 million.

• Operating profit margin: 12.8% (Q1: 7.5%; Q2 2025: 0.4%).

• Net non-operating income: NT$79 million, a turnaround from a NT$682 million expense in Q2 2025.

• Cash and equivalents as of June 30, 2026: NT$12,552.3 million.

• Capital expenditures for the six months ended June 30, 2026 were NT$3,284.4 million, up from NT$2,174.3 million in 2025.

Outlook and guidance

• Strong performance expected in H2 2026, led by DRAM and DDIC rush orders, with DRAM momentum outpacing DDIC.

• DRAM growth to be driven by DDR4 and DDR5 demand; Flash momentum steady but trailing DRAM.

• DDIC to benefit from seasonal OLED and automotive panel demand.

• Expansion into mobile, AI ASIC, and silicon photonics supply chain to drive future growth.

• Ongoing investments in capacity expansion and technology upgrades, supported by government-subsidized loans.