APAC Opto Electronics (4908) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 115 was NT$265,443K, up 25% year-over-year from NT$212,287K in Q1 114.

• Net income for Q1 115 was NT$59,210K, a slight increase from NT$59,039K in Q1 114.

• Gross margin for Q1 115 was 47%, compared to 55% in Q1 114, reflecting higher cost of goods sold.

• Basic and diluted EPS for Q1 115 were NT$0.76 and NT$0.75, respectively.

Financial highlights

• Operating income for Q1 115 was NT$65,611K, up from NT$60,074K year-over-year.

• Operating expenses increased to NT$58,767K (22% of revenue) from NT$55,748K (27% of revenue) year-over-year.

• Cash and cash equivalents at Q1 115 end were NT$388,155K, up from NT$218,238K a year ago.

• Total assets at Q1 115 end were NT$1,971,917K, with equity at NT$1,783,479K (90% of total assets).

• Operating cash flow for Q1 115 was NT$34,735K, down from NT$125,305K in Q1 114.

Outlook and guidance

• The company expects no material impact from newly adopted or upcoming IFRS standards.

• No significant changes anticipated in capital management or risk policies.