ELAN Microelectronics (2458) Q1 2026 earnings summary

Executive summary

• 1Q26 consolidated sales reached NT$3,225M, up 3.4% year-over-year and 12.8% sequentially from 4Q25.

• Net profit attributable to parent company was NT$705M, a 28.4% increase year-over-year, but down 4.1% sequentially.

• EPS for 1Q26 was NT$2.46, up from NT$1.92 in 1Q25.

Financial highlights

• Gross margin for 1Q26 was 47.7%, slightly down from 50.1% in 1Q25 but up from 49.3% in 4Q25.

• Operating margin was 24.2% in 1Q26, compared to 25.1% in 1Q25 and 23.1% in 4Q25.

• Net profit margin improved to 21.9% from 17.6% year-over-year.

• Operating cash flow for 1Q26 was NT$928M; cash and cash equivalents at quarter-end were NT$3,790M.

Outlook and guidance

• 2Q26 consolidated revenue is expected to be NT$3.2B–NT$3.4B.

• Gross margin guidance for 2Q26 is 46.5%–49.5%; operating margin is expected at 21.4%–25.9%.