Hon Hai Precision Industry (2317) Q1 2026 earnings summary

Executive summary

• Q1 FY26 revenue reached NTD 2,119,533 million, up 29% year-over-year but down 19% sequentially from Q4 FY25.

• Net profit attributable to owners was NTD 49,919 million, a 19% increase year-over-year and 10% sequentially.

• Earnings per share rose to NTD 3.56, up 17% year-over-year and 10% sequentially.

Financial highlights

• Gross profit margin improved to 6.18%, up 30 bps year-over-year and 6 bps sequentially.

• Operating profit margin increased to 3.57%, up 74 bps year-over-year and 29 bps sequentially.

• ROE for Q1 FY26 was 2.88%, up 39 bps year-over-year.

• EBITDA remained solid, supporting capital expenditures and dividend payments.

• Free cash flow for Q1 FY26 was negative NTD 35,774 million, compared to negative NTD 43,835 million in Q1 FY25.

Outlook and guidance

• 2Q26 expects growth in cloud and networking, smart consumer electronics, and computing products both sequentially and year-over-year.

• FY26 guidance indicates continued year-over-year growth across all major product segments.