AUO (2409) Q2 2026 earnings summary

Executive summary

• Net sales for 2Q26 reached NT$70,891 million, up 2.7% sequentially and 2.4% year-over-year.

• Gross profit margin held steady at 13.0% compared to the previous quarter, but slightly down from 13.5% a year ago.

• Net profit attributable to owners was NT$1,343 million, reversing a loss in 1Q26 but down 31.0% year-over-year.

• Basic EPS was NT$0.18, compared to a loss per share of NT$0.15 in 1Q26 and NT$0.26 in 2Q25.

Financial highlights

• Operating profit for 2Q26 was NT$218 million, a significant drop from NT$1,504 million in 2Q25.

• Operating expenses increased 2.4% sequentially and 14.9% year-over-year.

• Cash and cash equivalents stood at NT$53,792 million at quarter-end.

• Inventory increased 7.6% sequentially and 14.0% year-over-year to NT$40,787 million.

• Net debt to equity improved to 28.1% from 32.1% in 1Q26 and 39.4% in 2Q25.

Outlook and guidance

• Mobility Solutions revenue expected to remain roughly flat quarter-over-quarter in 3Q26.

• Vertical Solutions projected to grow low-single digits quarter-over-quarter.

• Display segment anticipated to see a modest decline quarter-over-quarter.