Advanced Wireless Semiconductor Company (8086) Q2 2026 earnings summary

Executive summary

• Achieved NT$1.29 billion in Q2 2026 revenue, up 6.2% QoQ, and NT$2.52 billion in H1 2026, a 44.4% YoY increase, marking the second highest for both periods.

• Net income for H1 2026 reached NT$575.2 million, a 217% increase YoY, with EPS at NT$2.93.

• Maintained robust cash position and continued investments in capacity expansion and R&D.

• Strong demand growth in WiFi (18.7% YoY) and mobile-related (19.3% YoY) segments for 1H26.

• Distributed NT$330.1 million in cash dividends for 2025, approved in March 2026.

Financial highlights

• Q2 2026 gross margin was 29.9%; H1 2026 gross margin improved to 32.2% from 23% in H1 2025.

• Q2 2026 operating income was NT$289.5 million (22.3% margin); H1 2026 operating income was NT$623.9 million (24.8% margin).

• H1 2026 net income was NT$575.2 million, up from NT$181.5 million in H1 2025.

• Basic EPS for H1 2026 was NT$2.93, up from NT$0.92 in H1 2025.

• Cash and cash equivalents at June 30, 2026 were NT$1,207.4 million, down from NT$3,426.3 million a year earlier due to investing activities.

Outlook and guidance

• Q3 2026 revenue expected to be roughly flat sequentially.

• Management continues to invest in capacity expansion and R&D to support future growth.

• Diversification into optical datacom, filters, consumer LiDAR, and solar cells, with solar cell mass production expected by year-end.

• Adoption of new IFRS standards is not expected to have a significant impact on future financial statements.