Montage Technology Co. (688008) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue reached RMB 2.079bn, up 46.0% YoY and 10.9% QoQ; net income attributable to shareholders was RMB 1.240bn, up 162.0% YoY.

• Q3 revenue, interconnect-chip revenue, reported net income, adjusted net income and net income excluding share-based compensation each set quarterly records.

Financial highlights

• 9M revenue was RMB 5.414bn, up 33.4% YoY; net income attributable to shareholders was RMB 3.237bn, up 98.3%, and adjusted net income was RMB 2.327bn, up 58.6%.

• Q3 adjusted net income, excluding nonrecurring items, was RMB 1.005bn, up 167.2% YoY; net income excluding share-based compensation was RMB 1.332bn, up 64.1%.

• 9M gross profit was RMB 3.583bn, up 43.7% YoY; total investment and fair-value gains were RMB 904mn, up 709.0%.

• 9M operating cash flow was RMB 2.898bn, up 81.1% YoY; basic and diluted EPS were RMB 2.71 and RMB 2.68, respectively.

Outlook and guidance

• Q4 interconnect-chip orders scheduled for delivery totaled RMB 2.50bn–2.79bn as of Oct. 26, 2026; order value is not a sales forecast or commitment.