Pegatron (4938) Q2 2026 earnings summary

Executive summary

• Net revenue for 1H 2026 was NT$518.6Bn, down from NT$539.8Bn year-over-year, but 2Q2026 revenue rose 12% sequentially and 3% year-over-year to NT$274Bn, driven by Computing and Consumer segments.

• Net income for 1H 2026 increased 47% year-over-year to NT$9.17Bn, with EPS up 31.4% to NT$2.26.

• Operating income for 1H 2026 surged 77.7% year-over-year, and 2Q2026 net income attributable to the parent rose 1463.8% year-over-year.

• Total assets as of June 30, 2026 were NT$671.5Bn, with equity attributable to owners at NT$206.9Bn.

Financial highlights

• Gross profit for 1H 2026 was NT$22.96Bn, up 23.8% year-over-year, with gross margin at 4.4%.

• 2Q2026 operating income was NT$4.20Bn, up 185.4% year-over-year and 48.4% sequentially.

• Net non-operating income for 1H 2026 was NT$4.18Bn, down 5.9% year-over-year.

• Cash and equivalents at 2026/6/30 were NT$108.8Bn, down from NT$119.4Bn at 2025/12/31.

• Cash flow from operations in 1H 2026 was negative NT$37.8Bn, compared to positive NT$3.27Bn in 1H 2025.

Outlook and guidance

• Revenue momentum expected to continue in Computing and Consumer segments, while Communication segment faces weaker demand.

• The board approved the issuance of US$500 million in overseas convertible bonds and up to NT$20 billion in unsecured corporate bonds to support procurement and working capital.

• A joint development project for land in Taipei was approved, indicating ongoing investment in strategic assets.