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HTC (2498) investor relations material
HTC Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 returned to net income, while 9M 2026 remained loss-making despite a narrower operating loss.
VIVE Eagle expanded internationally, alongside new immersive VR and virtual entertainment experiences.
Financial highlights
Q3 revenue was NT$763,627 thousand versus NT$716,371 thousand YoY; gross margin was 40.1% versus 35.2%, and operating loss was NT$506,602 thousand versus NT$853,954 thousand.
Q3 net income was NT$218,218 thousand versus NT$3,243,274 thousand YoY; basic EPS was NT$0.26 versus NT$3.88.
9M revenue was NT$2,030,455 thousand versus NT$2,119,695 thousand; gross profit rose to NT$839,901 thousand from NT$771,984 thousand, and gross margin was 41% versus 36%.
9M operating loss narrowed to NT$1,642,025 thousand from NT$2,833,929 thousand; net loss was NT$302,919 thousand versus net income of NT$6,582,225 thousand.
9M basic EPS was a loss of NT$0.36 versus earnings of NT$7.88.
Outlook and guidance
A secured CTBC Bank credit facility provides a total credit line of NT$9.99 billion for operating growth capital needs; financial covenants were met at September 30, 2026.
IFRS 18 is scheduled to apply domestically from January 1, 2028; early adoption was not elected and impacts remained under assessment.
Forward-looking results may vary with demand, pricing, competition, global economic conditions, supply-chain issues, exchange rates and other factors beyond management’s control.
- FY2023 revenue edged higher, but losses and operating cash outflow persisted.2498
Q4 2023 - Gross margin rose to 42.6% as net loss narrowed and new credit facility supported future growth.2498
Q2 2026 - Net loss of NT$241.7 million on NT$652.6 million revenue, with improved gross margin but lower cash.2498
Q1 2026 - 2025 net profit reached NT$6.03B, reversing last year's loss, on major one-time gains.2498
Q4 2025 - Returned to profitability with NT$6.58B net income, driven by Google deal and asset sales.2498
Q3 2025 - Net income rebounded in H1 2025 due to a major Google gain, despite lower Q2 revenue.2498
Q2 2025 - Losses continued amid revenue decline, but cash remained stable and XR/Metaverse focus intensified.2498
Q3 2024 - Q2 2024 saw a NT$819M net loss, revenue decline, and strong cash reserves.2498
Q2 2024 - Q1 2025 net income surged to NT$4.05B, driven by a US$250M Google XR agreement.2498
Q1 2025
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