Giga-Byte Technology (2376) Q4 2025 earnings summary

Executive summary

• Consolidated revenue for 2025 reached NT$336.94 billion, up 27% year-over-year, with net income attributable to owners at NT$12.19 billion, a 24% increase from 2024.

• Gross margin was 10% in 2025, slightly down from 11% in 2024, while operating profit margin remained stable at 5%.

• Major product lines included computer components, networking communication products, and others, with significant growth in networking communication products.

Financial highlights

• Operating revenue: NT$336.94 billion in 2025 vs. NT$265.15 billion in 2024.

• Net income attributable to owners: NT$12.19 billion in 2025 vs. NT$9.79 billion in 2024.

• Basic EPS: NT$18.20 in 2025, up from NT$15.03 in 2024.

• Cash and cash equivalents increased to NT$40.32 billion from NT$21.50 billion year-over-year.

• Total assets grew to NT$156.13 billion from NT$111.29 billion.

Outlook and guidance

• Management expects continued growth in core product lines and is preparing for further capital increases and a new GDR issuance.

• Plans to issue a fifth unsecured convertible bond overseas up to USD 500 million, with the offering period extended to July 2026.