Global Unichip (3443) Q2 2025 earnings summary

Executive summary

• 2Q25 revenue declined 13% sequentially and 9% year-over-year to NT$6,104M, with net income down 19% QoQ and 14% YoY to NT$782M.

• Gross margin improved to 33.3% from 28.1% in 1Q25, despite lower sales.

• NRE revenue rebounded 47% QoQ but was down 32% YoY; Turnkey revenue fell 29% QoQ but rose 5% YoY.

Financial highlights

• Operating income for 2Q25 was NT$943M, down 14% QoQ and 9% YoY; OPM held at 15.4%.

• EPS for 2Q25 was NT$5.84, a 19% QoQ and 14% YoY decrease.

• 1H25 revenue reached NT$13,128M, up 6% YoY; net income for 1H25 was NT$1,743M, up 11% YoY.

• Gross margin for 2Q25 rose to 33.3%, up 5.2 ppt QoQ and 2.7 ppt YoY.

Outlook and guidance

• Forward-looking statements highlight significant risks and uncertainties; actual results may differ materially.