Fositek (6805) Q1 2026 earnings summary

Executive summary

• Q1'26 revenue was NT$4.184bn, up 85.8% YoY; net income was NT$917.3m, with basic and diluted EPS of NT$13.38.

• Server products represented 56.4% of revenue and foldable phones 37.7%; certain subsidiaries’ unreviewed figures could be adjusted.

Financial highlights

• Revenue was NT$4.184bn vs NT$2.252bn in Q1'25; gross profit was NT$1.352bn vs NT$498.4m.

• Gross margin was 32.31%, versus 29.05% in Q4'25 and 22.14% in Q1'25; operating income was NT$1.120bn, up 28.9% QoQ and 206.0% YoY.

• Operating margin was 26.78%; income before tax was NT$1.165bn and income tax expense was NT$248.1m.

• Net income was NT$917.3m, up 21.9% QoQ and 156.9% YoY, versus NT$356.5m in Q1'25.

Segment performance

• Server revenue was NT$2.362bn, 56.4% of sales, up 547.1% YoY from NT$365m and 16.2% of sales in Q1'25.

• Foldable-phone revenue was NT$1.577bn, 37.7% of sales, down 4.7% YoY from NT$1.655bn.

• NB revenue was NT$217m, 5.2% of sales, up 5.9% YoY; other revenue was NT$28m, 0.7% of sales. One reportable segment aggregates computer and mobile phone components.