ASMedia Technology (5269) Q2 2026 earnings summary

Executive summary

• H1 net income reached NT$3,871,274 thousand versus NT$2,343,539 thousand YoY; equity-method earnings made a major contribution to profit.

• Q2 revenue and gross margin were lower YoY, while net income rose to NT$2,017,284 thousand from NT$1,120,768 thousand, supported by higher associate earnings.

Financial highlights

• Q2 revenue was NT$2,722,591 thousand versus NT$3,392,892 thousand YoY; H1 revenue was NT$6,220,554 thousand versus NT$5,902,029 thousand.

• Q2 gross profit was NT$1,369,933 thousand, with a 50% margin versus NT$1,780,799 thousand and 53% YoY; H1 gross profit was NT$3,148,001 thousand, with a 50% margin versus 54%.

• Q2 operating profit was NT$648,676 thousand versus NT$1,237,407 thousand YoY; H1 operating profit was NT$1,456,275 thousand versus NT$1,989,854 thousand.

• H1 profit before tax was NT$4,121,463 thousand versus NT$2,757,222 thousand; income tax expense was NT$250,189 thousand versus NT$413,683 thousand.

• H1 other gains and losses were positive NT$40,953 thousand versus a loss of NT$304,420 thousand YoY, including net FX gains of NT$27,672 thousand versus FX losses of NT$345,905 thousand.

Segment performance

• H1 product revenue: high-speed interface controller NT$4,636,254 thousand, device controller NT$378,776 thousand, and surveillance automotive products NT$1,205,524 thousand.

• H1 external revenue by geography was NT$5,015,030 thousand in the US and NT$1,205,524 thousand in Taiwan; inter-segment revenue was NT$1,910,212 thousand.

• Equity-method income was NT$2,525,440 thousand in H1 versus NT$843,184 thousand YoY; Q2 was NT$1,472,407 thousand versus NT$434,778 thousand.