Accton Technology (2345) Investor Update summary

Financial performance highlights

• Q3 2025 revenue reached TWD 72.94 billion, up 20% from Q2, with a gross margin of 17.2% and net income of TWD 7.8 billion.

• Year-to-date revenue was TWD 176.3 billion, a 147% year-over-year increase, and net income for Q1-Q3 2025 was NTD 17,958 million, up 140% year-over-year.

• EPS for Q1-Q3 2025 was NTD 32.18, up 140% from the previous year.

• Cash balance at Q3 end was TWD 27.3 billion, up 113% year-over-year, and inventory increased 22% to TWD 31.8 billion.

• Total assets as of September 2025 were NTD 137,788 million, nearly doubling year-over-year.

Revenue breakdown

• Network Application segment contributed 63% of revenue, growing 361% year-over-year.

• Switch segment accounted for 34% of revenue, up 46% year-over-year.

• America region generated 81% of revenue, increasing 178% year-over-year.

• Taiwan revenue surged 1266% year-over-year, now 7% of total.

• Europe contributed 7% of revenue, up 57% year-over-year.

Strategic and operational outlook

• Focus remains on long-term, sustainable growth driven by strong hyperscale AI demand and excellent execution.

• Global capacity expansion is underway, with new investments in Vietnam, the U.S., Malaysia, and India to address talent and supply chain constraints.

• Flexible resource planning and global footprint support business scaling.

• Organization alignment and rewarding high performers emphasized.

• Local partnerships and tailored strategies are key to successful international expansion and meeting regional demand.