FIT Hon Teng (6088) Q3 2025 earnings summary

Executive summary

• Q3 2025 revenue grew 13% year-over-year to $1.3 billion, with gross profit up 22% and net income up 9%, driven by strong AI, cloud/datacenter, and automobility demand.

• Year-to-date revenue increased 12% to $3,630M, with net profit up 3% to $105M compared to the same period last year.

• Unaudited consolidated financial information for the nine months ended September 30, 2025, was released to comply with disclosure requirements in both Hong Kong and Taiwan.

• Strategic partnerships and product launches in cloud/datacenter and automobility segments highlighted recent developments.

Financial highlights

• 3Q25 revenue reached $1,325M, up from $1,174M in 3Q24, with gross profit margin at a record 23.5%.

• Year-to-date revenue for the nine months ended September 30, 2025, was US$3,629.3 million, up from US$3,241.2 million year-over-year.

• Net profit from continuing operations for the nine months was US$104.6 million, compared to US$100.7 million in the prior year.

• Cloud data center segment revenue rose 33% year-on-year, now mid-teens percentage of total revenue.

• Auto mobility segment achieved 116% year-on-year growth despite industry challenges.

Outlook and guidance

• Full-year 2025 revenue projected to increase above 15% year-over-year, with gross margin to remain around 20%.

• Gross profit and operating profit expected to grow between 5-15% for 2025.

• Cloud data center segment revenue mix expected to reach low 20s in 2026, mid-20s in 2027, and high 20s in 2028.

• Revenue growth for fiscal 2027 and 2028 revised upward to mid-20s percentage.

• Segment guidance for 4Q25 and 2025 indicates strong performance in cloud/datacenter and automobility.