Delta Electronics (2308) Q2 2026 earnings summary

Executive summary

• Achieved strong growth in 2Q26 with sales of NT$183.2 billion, up 48% year-over-year and 15% sequentially.

• Net profit after tax for 2Q26 was NT$25.1 billion, up 80% year-over-year and 22% sequentially, with EPS of NT$9.68.

• Revenue for the six months ended June 30, 2026, reached NT$342.6 billion, up from NT$243.0 billion year-over-year, with net profit attributable to owners at NT$45.7 billion.

• Gross profit margin improved to 36.3% from 33.7% year-over-year, reflecting operational efficiency and favorable product mix.

• Earnings per share (EPS) for the six months was NT$17.59, compared to NT$9.31 in the same period last year.

Financial highlights

• 1H26 sales totaled NT$342.6 billion, up 41% year-over-year; gross profit was NT$124.3 billion, up 52%.

• 1H26 operating profit was NT$59.0 billion, up 80% year-over-year, with an operating margin of 17.2%.

• Net cash from operating activities was NT$63.1 billion, up from NT$43.6 billion year-over-year.

• Total assets as of June 30, 2026, were NT$754.4 billion, with total equity at NT$350.2 billion.

• EBITDA for 2Q26 was NT$44.0 billion (24.0% of sales), up 64% year-over-year and 12% sequentially.

Outlook and guidance

• Continued focus on growth in Power Electronics and Infrastructure segments.

• Management continues to focus on expanding solution-based offerings and expects ongoing growth in power electronics, automation, and infrastructure segments.

• Emphasis on R&D and SG&A efficiency to support margin expansion.

• The company is monitoring the impact of global economic conditions and regulatory changes, including Pillar Two income tax legislation.