Novatek Microelectronics (3034) Q2 2026 earnings summary

Executive summary

• Q2 2026 revenue rose 23.83% sequentially to NT$28.66B and 9.59% year-over-year, driven by strong customer demand across all product lines.

• Net income for Q2 2026 surged 67.97% quarter-over-quarter and 69.22% year-over-year to NT$6.33B, with EPS at NT$10.40.

• Gross margin improved to 42.42%, up 3.36 percentage points sequentially and 6.12 points year-over-year.

Financial highlights

• Operating income for Q2 2026 was NT$6.47B, up 60.53% quarter-over-quarter and 34.06% year-over-year.

• Net gross profit reached NT$12.16B, up 34.48% sequentially and 28.05% year-over-year.

• Operating expenses increased to NT$5.69B, up from NT$5.01B in Q1 and NT$4.67B in Q2 2025.

• Non-operating income in Q2 2026 was NT$1.32B, compared to a loss in Q2 2025.

Outlook and guidance

• Q3 2026 revenue is projected between NT$30.0B and NT$31.2B.

• Gross profit margin expected between 38.5% and 41.5%; operating profit margin between 19% and 22%.