Foxconn Industrial Internet (601138) Q1 2026 earnings summary

Executive summary

• Revenue rose 56.52% year-over-year to RMB 251.08 billion, driven by surging AI computing demand and optimized product mix.

• Net profit attributable to shareholders doubled, up 102.55% year-over-year to RMB 10.59 billion.

• Operating cash flow surged 1,826.20% year-over-year, reflecting strong sales collections.

Financial highlights

• Total assets reached RMB 457.19 billion at quarter-end, up 0.21% from year-end 2025.

• Shareholders’ equity increased 5.66% to RMB 176.22 billion.

• Basic and diluted EPS both at RMB 0.53, up 103.85% year-over-year.

• Gross margin improved as product structure shifted toward higher-value AI and cloud offerings.

Outlook and guidance

• AI computing demand expected to remain robust, supporting continued revenue and profit growth.

• Ongoing product mix optimization and expansion in cloud and AI server shipments anticipated.