Chicony Electronics (2385) Q2 2026 earnings summary

Executive summary

• Net income for 2Q26 rose 54% sequentially, with EPS up 53% QoQ and net margin improving by 3.6ppt to 10.0%.

• 1H26 net income was NT$3.7B, with EPS at NT$5.06 and net margin at 8.2%, nearly flat YoY.

• Revenue for 2Q26 was NT$22.4B, down 2.1% QoQ and 8.6% YoY; 1H26 revenue was NT$45.3B, down 5.3% YoY.

Financial highlights

• Gross margin for 2Q26 was 13.6%, down 2.5ppt YoY; operating margin was 2.5%, down 5.3ppt YoY.

• Non-operating income surged to NT$2.1B in 2Q26, up 4715% QoQ, supporting profit growth.

• Book value per share increased to NT$61.18 in 2Q26 from NT$50.99 a year ago.

• Net cash position at NT$15.9B, with a debt ratio of 52%.

Outlook and guidance

• July 2026 revenue was NT$7.1B, with YTD revenue at NT$52.3B.

• Management continues to target balanced growth with a diversified product portfolio and global customer base.