ITE Tech (3014) Q2 2026 earnings summary

Executive summary

• Net sales revenue for H1 2026 was NT$3,569,479 thousand, a 2.09% decrease year-over-year from H1 2025.

• Net income for H1 2026 rose 13.31% year-over-year to NT$946,986 thousand.

• Basic earnings per share increased to NT$5.88 in H1 2026 from NT$5.19 in H1 2025.

• Consolidated financial statements for H1 2026 and H1 2025 were prepared under IFRS and reviewed by independent auditors, with a qualified conclusion due to unreviewed minor subsidiaries and associates.

• The group operates primarily in integrated circuit design, with all products and results reviewed as a single segment.

Financial highlights

• Gross profit for H1 2026 was NT$2,042,192 thousand, up 0.87% year-over-year.

• Gross profit margin improved to 57.21% in H1 2026 from 55.53% in H1 2025.

• Operating income increased 2.17% year-over-year to NT$1,016,705 thousand.

• Net profit margin rose to 26.53% in H1 2026 from 22.92% in H1 2025.

• Total assets as of June 30, 2026 were NT$11,049,534 thousand, up from NT$9,783,700 thousand as of June 30, 2025.

Outlook and guidance

• Sequential quarterly growth in net income and EPS observed in Q2 2026 compared to Q1.

• The group adopted new IFRS standards effective January 1, 2026, with no material impact; IFRS 18 will be adopted in 2028, expected to enhance financial statement presentation.