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eMemory Technology (3529) investor relations material
eMemory Technology Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 delivered record-high operating results; security-related revenue surged more than 200% YoY, and PUF-based security IP reached 14.5% of Q3 revenue.
Growth strategy centers on advanced-node design wins, rising silicon-level security demand for AI, and PUF-PQC and PUF-integrated 1T Flash development.
Financial highlights
Q3 revenue was TWD 1,210m, up 10.4% QoQ and 27.1% YoY; operating expenses were TWD 446m, up 3.5% QoQ and 10.3% YoY.
Operating income reached TWD 765m, up 14.8% QoQ and 39.4% YoY; net income was TWD 639m, up 10.2% QoQ and 31.2% YoY.
Q3 EPS was a record TWD 8.56; operating margin was 63.2%, up 2.5 percentage points QoQ and 5.6 points YoY.
9M 2026 revenue rose 21.4% YoY; licensing increased 38.2% and royalties increased 13.4%.
Outlook and guidance
Licensing is expected to sustain momentum on demand across leading-edge and legacy nodes, hardware security, AI infrastructure, and next-generation flash applications.
Royalty growth is expected to accelerate with higher advanced-node ASPs, new custom-product ramps, PUF deployments, and a richer mix of higher royalty-rate applications.
2nm qualification is expected next year, followed by customer adoption; development continues for sub-2nm OTP and PUF security solutions.
1T NeoFlash development spans embedded and standalone memory, targeting AI, industrial, and edge-computing applications.
- Memory IP scale and PUF security target AI infrastructure and next-generation root of trust.3529
Investor presentation - Q4 licensing rebounded, but FY royalties fell as advanced-node security wins build future growth.3529
Q4 2023 - Delivers advanced NVM and PUF-based security IPs for efficient, scalable, and secure chip solutions.3529
Investor presentation - Q2 2026 revenue grew 17.1% year-over-year, led by licensing and security IP momentum.3529
Q2 2026 - Q1 2026 saw 20% revenue and up to 36% net profit growth, driven by AI and security demand.3529
Q1 2026 - Record Q4 growth, robust margins, and expanding security IP adoption in advanced technologies.3529
Q4 2025 - Q2 2024 revenue and net profit surged, driven by strong licensing, royalty, and IP innovation.3529
Q2 2024 - Q3 2024 revenue up 14.3% YoY, driven by royalties, licensing, and advanced node demand.3529
Q3 2024 - Q1 2025 revenue rose 13.6% YoY, driven by royalty growth and PQC security innovation.3529
Q1 2025
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