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Vanguard International Semiconductor (5347) investor relations material
Vanguard International Semiconductor Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net revenue for Q2 2026 reached NT$14,245 million, up 13.7% sequentially and 21.8% year-over-year.
Net income attributable to shareholders was NT$2,975 million, a 32.4% increase quarter-over-quarter and 45.6% year-over-year.
Net income for Q2 2026 was NT$2,894 million, a 43.8% increase year-over-year and 33.7% higher than Q1 2026.
Diluted EPS was NT$1.56, up from NT$1.18 in 1Q26 and NT$1.10 in 2Q25.
Total wafers shipped increased to 713K, up 11% sequentially.
Financial highlights
Gross profit margin improved to 32.3% from 29.3% in 1Q26 and 28.0% in 2Q25.
Operating income for Q2 2026 was NT$2,901 million, up 53.0% year-over-year and 39.0% sequentially.
Cash and financial instruments stood at NT$44,751 million at quarter-end.
Total assets as of June 30, 2026 were NT$219,187 million, up 39.5% year-over-year.
Cash and cash equivalents at period end were NT$40,506 million, down 29.9% year-over-year and 8.7% sequentially.
Outlook and guidance
3Q26 wafer shipments expected to increase by 1% to 3% quarter-over-quarter.
Blended ASP projected to rise by 2% to 4% quarter-over-quarter.
Gross profit margin guidance for 3Q26 is 32.5% to 34.5%, assuming an exchange rate of 1 USD to 32.0 NTD.
Management highlighted strong revenue and profit growth, with continued focus on operational efficiency and investment in capacity.
- Q4 net income rebounded QoQ as FY2023 revenue and earnings contracted sharply.5347
Q4 2023 - Revenue up 4.9% YoY, net income NT$2.25B, strong expansion and bond issuance underway.5347
Q1 2026 - Revenue and net income rose over 12%, with expansion and capital spending impacting cash.5347
Q4 2025 - Revenue up year-over-year, net income down sequentially; Singapore expansion underway.5347
Q3 2025 - Net income rose 44% on 14% revenue growth, with expansion and stable demand supporting results.5347
Q2 2025 - Double-digit profit growth and higher margins in Q3 2024, with strong cash flow.5347
Q3 2024 - Revenue, net income, and wafer shipments surged, with margin recovery underway.5347
Q2 2024 - Net income nearly doubled on strong revenue and margin gains in Q1 2025.5347
Q1 2025 - Revenue up 15%, profit down 4%; 1Q25 sees shipment growth but ASP pressure.5347
Q4 2024
Next Vanguard International Semiconductor earnings date
Next Vanguard International Semiconductor earnings date
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