Delta Electronics (2308) Q3 2026 earnings summary

Executive summary

• 3Q26 revenue reached NT$197.1B, up 31% YoY and 8% QoQ; operating profit rose 31% YoY to NT$32.6B.

• YT3Q26 revenue increased 37% YoY to NT$539.7B, with net profit after tax up 62% to NT$69.2B.

Financial highlights

• 3Q26 gross profit was NT$67.2B, up 28% YoY and 3% QoQ; gross margin was 34.1%, versus 34.9% in 3Q25 and 35.6% in 2Q26.

• YT3Q26 gross profit rose 43% YoY to NT$191.4B; gross margin improved to 35.5% from 34.1%.

• 3Q26 net profit after tax was NT$23.5B, up 26% YoY and down 7% QoQ; net margin was 11.9%.

• YT3Q26 operating profit increased 59% YoY to NT$91.6B; operating margin improved to 17.0% from 14.6%.

• 3Q26 non-operating profit totaled NT$1.046B, down from NT$4.429B in 2Q26; investment gains were NT$265M versus NT$1.880B in 2Q26.

Segment performance

• Power Electronics 3Q26 sales were NT$105.930B, +40% YoY and +10% QoQ; profit was NT$19.920B, +22% YoY and -1% QoQ.

• Mobility sales were NT$9.071B, +7% YoY and +10% QoQ; segment loss was NT$137M, with YoY loss worsening 657% and QoQ loss narrowing 65%.

• Automation sales were NT$15.900B, +19% YoY and +2% QoQ; profit was NT$769M, turning profitable YoY and QoQ.

• Infrastructure sales were NT$65.880B, +25% YoY and +5% QoQ; profit was NT$12.068B, +40% YoY and +7% QoQ.

• YT3Q26 Infrastructure sales rose 47% YoY to NT$180.154B and profit increased 92% to NT$33.512B; Power Electronics sales rose 44% to NT$287.848B.