GigaDevice Semiconductor (603986) Q3 2026 earnings summary

Executive summary

• Q3 revenue was RMB 8.732bn, up 225.65% YoY; 9M revenue reached RMB 20.297bn, up 197.11%, driven by memory-chip volume and pricing gains and growth across multiple product lines.

• 9M attributable net income was RMB 11.066bn, up 921.55% YoY; excluding non-recurring items, it was RMB 9.434bn, up 805.26%.

Financial highlights

• Q3 attributable net income was RMB 4.209bn, up 728.93% YoY; adjusted net income was RMB 4.551bn, up 814.39%.

• 9M operating profit was RMB 12.467bn and total profit RMB 12.408bn; 9M net income was RMB 11.121bn.

• 9M operating cash flow was RMB 10.124bn, up 463.81% YoY; Q3 operating cash flow was RMB 4.076bn, up 386.47%.

• Total assets at Sep. 30 were RMB 87.655bn, up 309.67% from year-end 2025; attributable equity was RMB 76.829bn, up 304.20%.

Segment performance

• Storage-chip products benefited from tight industry supply, with both shipment volume and pricing rising; MCU and multiple other product lines also grew shipments.