AIROHA TECHNOLOGY (6526) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue was NT$6,288,606 thousand, operating income NT$943,240 thousand and net income NT$886,187 thousand, all higher YoY; H1 revenue and net income also increased YoY.

• Q2 net income rose 16.9% YoY and 18.8% sequentially; EPS was NT$5.25, up NT$0.61 YoY and NT$0.78 QoQ.

• H1 net income attributable to owners was NT$1,628,149 thousand; basic EPS was NT$9.72 versus NT$9.00 in H1 2025.

• Independent accountants concluded the interim financial statements presented fairly in all material respects under Taiwan regulations and IAS 34.

Financial highlights

• Q2 revenue was NT$6,288,606 thousand versus NT$5,522,287 thousand YoY; gross profit was NT$3,217,455 thousand versus NT$2,787,975 thousand.

• Q2 operating income was NT$943,240 thousand versus NT$816,512 thousand; net income was NT$886,187 thousand versus NT$757,764 thousand.

• Q2 gross margin was 51.2%, up 0.7 percentage points YoY and down 1.5 points sequentially; operating margin was 15.0%, up 0.2 points YoY and 0.1 points sequentially.

• H1 revenue was NT$11,744,071 thousand versus NT$10,744,808 thousand; operating income was NT$1,759,227 thousand versus NT$1,553,434 thousand.

• H1 net income was NT$1,631,987 thousand versus NT$1,467,896 thousand; gross profit was NT$6,093,956 thousand versus NT$5,487,529 thousand, with gross margin of 52% versus 51%.

Segment performance

• One operating segment; H1 wireless and broadband communication chip revenue was NT$11,722,813 thousand, with services and other operating revenue of NT$21,258 thousand.

• IC PLUS H1 revenue was NT$432,078 thousand versus NT$331,933 thousand; continuing-operations profit was NT$36,407 thousand versus a loss of NT$29,867 thousand.

• Q2 R&D expenses were NTD 1,822 million, versus NTD 1,619 million in Q1 2026 and NTD 1,546 million in Q2 2025; selling and administrative expenses also rose YoY and sequentially.