Hiwin Technologies (2049) Q1 2026 earnings summary

Executive summary

• Q1 2026 sales reached NT$6,379 million, up 9% year-over-year.

• Net profit attributable to shareholders was NT$579 million, a 20% year-over-year increase.

• Basic EPS for Q1 2026 was NT$1.64, up from NT$1.36 in Q1 2025.

• Total comprehensive income for the period was NT$881 million, up from NT$358 million in Q1 2025.

Financial highlights

• Gross profit for Q1 2026 was NT$1,715 million, with a gross margin of 32%, up from 30% a year ago.

• Operating profit reached NT$631 million, up 51% year-over-year.

• Net cash from operating activities was NT$1,360 million, up from NT$1,042 million in Q1 2025.

• Cash and cash equivalents increased to NT$8,062 million as of March 31, 2026.

• Cash dividends of NT$2.0 per share for 2025 were approved.

Segment performance

• Linear guideways contributed NT$3,624 million, ballscrews NT$1,260 million, industrial robots NT$747 million, and others NT$551 million in Q1 2026.

• Asia contributed 63% of sales, Europe 28%, both up year-over-year.

• All segments showed year-over-year growth, with linear guideways and ballscrews as primary drivers.