Inventec (2356) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$200.3 billion, up 27.6% year-over-year, with net profit of NT$2.43 billion, a 42.9% increase from Q1 2025.

• Gross margin improved to 5.1% from 6.0% in Q1 2025, while operating margin remained stable.

• Earnings per share rose to NT$0.68 (basic) and NT$0.67 (diluted), compared to NT$0.47 in Q1 2025.

• Total assets reached NT$382.2 billion, with equity attributable to owners at NT$73.4 billion.

Financial highlights

• Operating revenue increased to NT$200.3 billion from NT$157.0 billion year-over-year.

• Net profit rose to NT$2.43 billion, up from NT$1.70 billion in Q1 2025.

• Operating cash flow was negative NT$3.58 billion, compared to negative NT$512 million in Q1 2025.

• Cash and cash equivalents at quarter-end were NT$45.3 billion, down from NT$54.3 billion at year-end 2025.

• Total liabilities increased to NT$308.5 billion, up from NT$255.2 billion at year-end 2025.

Outlook and guidance

• The group is evaluating the impact of IFRS 18, which will be adopted in Taiwan starting 2028.

• No specific forward-looking financial guidance was provided.