Innodisk (5289) Q4 2025 earnings summary

Executive summary

• Revenue for 2025 reached NT$14,261 million, up 60% year-over-year from NT$8,916 million in 2024.

• Net income for 2025 was NT$2,021 million, an 83% increase from NT$1,105 million in 2024.

• Gross margin improved to 31% in 2025 from 32% in 2024, reflecting higher sales volume and product mix.

• The company maintained a single operating segment focused on industrial storage devices and memory modules.

Financial highlights

• Operating profit rose to NT$2,389 million in 2025, up from NT$1,179 million in 2024.

• Basic EPS for 2025 was NT$21.72, compared to NT$11.97 in 2024; diluted EPS was NT$21.57 vs. NT$11.79.

• Cash and cash equivalents at year-end 2025 were NT$1,645 million, down from NT$3,000 million in 2024.

• Total assets increased to NT$14,549 million at December 31, 2025, from NT$9,756 million a year earlier.

• Total liabilities rose to NT$5,435 million, up from NT$2,083 million at the end of 2024.

Outlook and guidance

• The Board resolved to distribute 2025 earnings with a cash dividend of NT$16.90 and stock dividend of NT$0.20 per share.

• Management expects continued focus on industrial storage and memory modules, with no major changes in business strategy.