ASMedia Technology (5269) Q1 2026 earnings summary

Executive summary

• Net revenue for 1Q26 was NTD 3,497.96 million, down 1% sequentially but up 39% year-over-year.

• Net income for 1Q26 reached NTD 1,853.99 million, a 24% increase sequentially and 52% year-over-year.

• Earnings per share (EPS) for 1Q26 was NT$24.85, up from NT$20.08 in 4Q25 and NT$16.39 in 1Q25.

Financial highlights

• Gross margin for 1Q26 was 51%, slightly down from 52% in 4Q25 and 55% in 1Q25.

• Operating margin held steady at 23% in 1Q26, unchanged from 4Q25 but down from 30% in 1Q25.

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

Segment performance

• Host products accounted for 87% of revenue in 1Q26, up from 84% in 4Q25.

• Device products contributed 13% of revenue in 1Q26, down from 16% in 4Q25.

• Auto & Surveillance segment remained negligible in revenue contribution.