Accton Technology (2345) Q3 2025 earnings summary

Executive summary

• Achieved strong revenue and profit growth for the nine months ended September 30, 2025, with significant increases in both operating and net income year-over-year.

• Completed the disposal of two subsidiaries in April 2025, impacting consolidated results and segment structure.

• Acquired InLC Technology Inc., increasing ownership to 82.99% and recognizing goodwill for expected synergies.

Financial highlights

• Operating revenue for the nine months ended September 30, 2025, was NT$176,301,922 thousand, up from NT$71,452,841 thousand year-over-year.

• Net income for the nine months was NT$17,958,033 thousand, compared to NT$7,474,767 thousand in the prior year.

• Gross margin improved to 18% from 21% year-over-year.

• Basic EPS for the nine months was NT$32.18, up from NT$13.39 year-over-year.

• Cash and cash equivalents increased to NT$27,301,444 thousand as of September 30, 2025.

Outlook and guidance

• Management continues to assess the impact of new IFRS standards effective in 2026 and 2027, with disclosures to follow upon completion of assessment.

• Dividend policy remains focused on balancing growth, investment, and shareholder returns, with a cash dividend of NT$11 per share for 2024.