Parade Technologies (4966) Q2 2026 earnings summary

Executive summary

• Q2 2026 consolidated revenue reached $134.48 million, with net income at $18.78 million and EPS of $0.24, reflecting a 6.61% sequential revenue increase and 0.73% year-over-year growth.

• Gross profit for Q2 was $54.06 million, up 6.35% sequentially but down 6.06% year-over-year.

• TTED device shipments exceeded expectations, driving strong growth in the integrated display solution segment.

• Revenue for the six months ended June 30, 2026 was NT$8,239 million, a slight decrease from NT$8,266 million year-over-year.

• Net income for the same period was NT$1,123 million, down from NT$1,366 million year-over-year.

Financial highlights

• Q2 2026 revenue: $134.48 million; net income: $18.78 million; EPS: $0.24 (basic and diluted).

• Q2 gross profit: $54.06 million; gross margin impacted by OSAT price hikes.

• Revenue up 6.61% sequentially and 0.73% year-over-year; gross profit up 6.35% sequentially, down 6.06% year-over-year.

• Operating income for the six months ended June 30, 2026 was NT$1,365.9 million, down from NT$1,467.3 million year-over-year.

• Cash and cash equivalents as of June 30, 2026 were NT$10,407 million, up from NT$9,234 million a year earlier.

Outlook and guidance

• Q3 2026 revenue guidance: $139–$153 million; gross margin: 40%–44%; operating expense: $33–$36 million.

• TTED segment expected to continue growing in Q3, with increasing market penetration.

• Full-year revenue growth expected to be a few percentage points above 2025, contingent on Q4 performance.

• Gross margin expected to improve in coming quarters as cost increases are addressed.

• Management continues to focus on R&D and expanding into high-growth markets such as data centers and AI-powered computing.