Acer (2353) Q2 2025 earnings summary

Executive summary

• Q2 2025 revenue was NT$66,532 million, a 2.1% increase quarter-over-quarter but a 0.9% decrease year-over-year, with gross margin at 10.1% compared to 10.5% in Q2 2024.

• Net income for Q2 2025 was NT$1,085 million, up 111% from Q1 2025 but down 23% year-over-year, with EPS at NT$0.36, more than double the previous quarter but down from NT$0.47 in Q2 2024.

• Total assets as of June 30, 2025, were NT$222.8 billion, with equity at NT$75.6 billion and liabilities at NT$147.2 billion.

Financial highlights

• Six-month revenue was NT$127,870 million, up 2% year-over-year, but net income dropped 39% to NT$1,600 million.

• Operating income for Q2 2025 was NT$734 million, a 29% decrease year-over-year.

• Cash and cash equivalents at June 2025: NT$32,425 million, down from NT$45,400 million a year ago.

• Non-operating income in 1H 2025 fell 53% year-over-year.

• Operating margin in Q2 2025 was 1.10%, down from 2.19% in Q2 2024.

Outlook and guidance

• Chromebook revenues grew 21.2% year-over-year in 1H 2025.

• Businesses outside of personal computers and displays contributed 30.7% of total revenues in 1H 2025.

• No explicit forward-looking guidance provided, but focus remains on liquidity and debt management.