Advanced Wireless Semiconductor Company (8086) Q3 2025 earnings summary

Executive summary

• Revenue for the nine months ended September 30, 2025 was NT$2,863,359 thousand, down from NT$3,695,629 thousand year-over-year.

• Net income for the nine months was NT$399,425 thousand, compared to NT$504,700 thousand for the same period last year.

• Gross margin for the nine months was 25%, up from 23% year-over-year.

• The company remains focused on GaAs wafer products, with Asia (excluding Taiwan and Northeast Asia) as the largest market.

Financial highlights

• Operating revenue for Q3 2025 was NT$1,117,179 thousand, nearly flat year-over-year.

• Gross profit for the nine months was NT$708,488 thousand, down from NT$843,187 thousand year-over-year.

• Basic EPS for the nine months was NT$2.03, compared to NT$2.57 for the same period last year.

• Cash and cash equivalents at September 30, 2025 were NT$2,444,463 thousand.

• Total assets at September 30, 2025 were NT$10,161,669 thousand.

Outlook and guidance

• The company is evaluating the impact of new IFRS standards, including IFRS 18, which will affect income statement presentation in future years.

• No significant impact is expected from other new standards not yet endorsed.