Accton Technology (2345) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$70.1 billion, up 64% year-over-year from NT$42.8 billion in Q1 2025.

• Net income attributable to owners was NT$8.34 billion, a 63% increase from NT$5.13 billion year-over-year.

• Gross margin was 19.5%, slightly down from 20.2% in Q1 2025.

• Earnings per share (EPS) rose to NT$14.92 basic and NT$14.84 diluted, compared to NT$9.17 and NT$9.11, respectively.

Financial highlights

• Operating income reached NT$10.05 billion, up 70% year-over-year.

• Total comprehensive income was NT$7.77 billion, up from NT$3.48 billion year-over-year.

• Cash and cash equivalents at period end were NT$25.1 billion, down from NT$27.9 billion at year-end 2025.

• Total assets increased to NT$164.5 billion from NT$143.2 billion at year-end 2025.

• Total liabilities rose to NT$99.1 billion from NT$85.6 billion at year-end 2025.

Outlook and guidance

• The company continues to monitor US reciprocal tariffs and market conditions for potential impacts on cash flow and profitability.

• No explicit forward-looking revenue or profit guidance was provided.