Generalplus Technology (4952) Q2 2026 earnings summary

Executive summary

• H1'26 revenue rose 19.2% YoY to NT$1,419.349m, while net income increased 79.8% to NT$183.3m and EPS reached NT$1.68.

• Growth was supported by tight memory and packaging capacity, price increases, peak-season order pull-ins, new Edge AI products and market-share gains.

• H1 operating cash flow was NT$91.9m; cash and cash equivalents were NT$878.2m at June-end.

Financial highlights

• Q2'26 revenue was NT$832.5m vs NT$665.0m YoY; H1 revenue was NT$1,419.3m vs NT$1,191.2m.

• Q2 net income was NT$128.7m, up 129.9% YoY and 135.5% sequentially; H1 net income was NT$183.3m vs NT$101.9m.

• H1 gross margin improved to 38.5% from 36.4%; Q2 gross profit was NT$329.2m vs NT$241.1m YoY.

• H1 operating income was NT$183.1m, up 59.6% YoY; Q2 operating income was NT$132.4m vs NT$79.4m.

• Q2 EPS was NT$1.18 vs NT$0.51 YoY; H1 basic EPS was NT$1.68 vs NT$0.94.

Segment performance

• Multimedia growth came from new Edge AI products and expansion in outdoor motion-sensor and retro-style cameras.

• Consumer penetration into major Western brands and comprehensive development platforms shortened customer cycles and improved inventory management.

• MCU demand faced regulatory effects on China e-bikes, while touch-control ICs gained traction in smart home appliances.

• H1 regional revenue: Mainland China NT$759.3m, Taiwan NT$649.8m, Japan NT$9.8m and Singapore NT$0.5m; IC product sales were NT$1,401.7m.

• Reported as one operating segment, reflecting similar product economics and centralized IC product sales.