ASMedia Technology (5269) Q1 2026 earnings summary

Executive summary

• Net revenue for Q1 2026 was NTD 3,497.96 million, up 39% year-over-year, with gross margin at 51% and net profit margin at 53%.

• Net income for Q1 2026 reached NTD 1,853.99 million, a 52% increase year-over-year and 24% sequentially.

• Earnings per share (EPS) for Q1 2026 was NT$24.85 basic and NT$24.73 diluted, up from NT$16.39 and NT$16.35 in Q1 2025.

• Major acquisition of TECHPOINT, INC. in June 2025 contributed to revenue and profit growth.

Financial highlights

• Operating profit for Q1 2026 was NT$807.60 million, up from NT$752.45 million in Q1 2025.

• Gross margin for Q1 2026 was 51%, down from 55% in Q1 2025.

• Operating margin held at 23% in Q1 2026, down from 30% in Q1 2025.

• Non-operating income and expenses rose 31% sequentially and 73% year-over-year.

• Cash and cash equivalents stood at NTD 5,962.42 million as of Q1 2026.

Segment performance

• Host products accounted for 87% of revenue in Q1 2026, up from 84% in Q4 2025.

• Device products contributed 13% of revenue in Q1 2026, down from 16% in Q4 2025.

• Taiwan segment contributed NT$2,893.25 million and US segment NT$604.71 million in Q1 2026.

• Share of profit from equity-accounted associates was NT$1,053.03 million.

• Auto & Surveillance segment remained negligible in revenue contribution.