Global Unichip (3443) Q4 2025 earnings summary

Executive summary

• Fourth quarter 2025 revenue reached NT$12,400M, up 44% sequentially and 106% year-over-year, driven by strong turnkey business growth.

• Net income for 4Q25 was NT$1,160M, a 34% increase quarter-over-quarter and 37% year-over-year.

• Full-year 2025 revenue was NT$34,141M, up 36% from 2024, with net income at NT$3,770M, a 9% increase year-over-year.

• Consolidated financial statements for 2025 and 2024 were audited and present fairly in all material respects, in accordance with IFRS and local regulations.

• Revenue recognition from sale of goods, especially to specific customers, was a key audit matter due to industry volatility and customer demand fluctuations.

Financial highlights

• 4Q25 gross margin was NT$2,361M (19.0%), down from 24.2% in 3Q25 and 33.2% in 4Q24.

• Net revenue for 2025 was NT$34,140,978 thousand, up 36% year-over-year from NT$25,044,192 thousand in 2024.

• Net income for 2025 was NT$3,769,566 thousand, a 9% increase from NT$3,450,588 thousand in 2024.

• Basic earnings per share for 2025 was NT$28.13, up from NT$25.75 in 2024.

• Cash and cash equivalents at year-end 2025 were NT$6,649,696 thousand, down from NT$10,427,431 thousand at year-end 2024.

Outlook and guidance

• Management highlighted forward-looking statements are subject to significant risks and uncertainties.

• Proposed cash dividend for 2025 is NT$20.00 per share, pending shareholder approval.

• The company is assessing the impact of new IFRS standards effective in 2026 and 2027, with no material impact expected from current adoptions.