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Montage Technology Co. (688008) investor relations material
Montage Technology Co. Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for H1 2026 reached RMB 3.34 billion, up 26.7% year-over-year; net profit attributable to shareholders was RMB 1.997 billion, up 72.3% year-over-year.
Gross margin improved to 65.3%, up 4.87 percentage points year-over-year; interconnect chip gross margin reached 69.3%.
Cash flow from operations was RMB 1.33 billion, up 25.4% year-over-year; asset-liability ratio at 7.5%.
H1 2026 saw strong growth in new products (MRCD/MDB, PCIe Retimer, CKD, CXL MXC), with combined revenue up 80.7% year-over-year.
H1 2026 dividend proposal: RMB 2.00 per 10 shares, total payout RMB 241.75 million, 12.1% of net profit.
Financial highlights
Operating income: RMB 3.34 billion (+26.7% YoY); net profit: RMB 1.997 billion (+72.3% YoY).
Operating cash flow: RMB 1.33 billion (+25.4% YoY).
Gross profit: RMB 2.18 billion (+36.9% YoY); interconnect chip gross margin: 69.3% (+4.95pp YoY).
Non-recurring gains (investment and fair value): RMB 682 million (+5,939.4% YoY).
Net assets: RMB 21.52 billion (+66.5% from 2025 year-end); total assets: RMB 23.18 billion (+68.6%).
Outlook and guidance
Continued focus on AI-driven demand, R&D investment, and global market expansion.
Ongoing product iteration in DDR5/DDR6, PCIe 6.x/7.0, CXL, and high-speed interconnects.
Plans to complete PCIe 7.0 Retimer, PCIe Switch, and high-speed Ethernet PHY Retimer engineering samples in H2 2026.
- Net profit jumped 61.3% on strong AI-driven demand and higher-margin chip sales.688008
Q1 2026 - Record revenue and profit growth driven by AI demand, DDR5/PCIe innovation, and global expansion.688008
Q4 2025 - Q3 revenue and profit hit record highs, driven by AI demand and robust interconnect chip sales.688008
Q3 2025 - H1 2025 revenue up 58% and net profit up 95% year-over-year, with record DDR5 chip sales.688008
Q2 2025 - Q3 net profit soared 153.40% year-over-year, reaching a historical high.688008
Q3 2024 - Net profit surged 624.6% in H1 2024 on strong DDR5 and AI chip sales.688008
Q2 2024 - Record Q1 profit and revenue growth fueled by AI and DDR5 chip demand.688008
Q1 2025
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