Powertech Technology (6239) Q3 2026 earnings summary

Executive summary

• Q3 2026 revenue was NT$25,334,229 thousand, net income NT$3,565,259 thousand and basic EPS NT$3.55; revenue and EPS rose 26.9% and 70.7% YoY, respectively.

• 9M 2026 revenue reached NT$69,764,228 thousand and net income NT$8,801,758 thousand; basic EPS was NT$9.05, with all three figures above the 2025 period.

• Higher margins accompanied the growth; Q4 expectations cited AI, cloud, memory and high-end packaging demand.

• Interim statements received a qualified review conclusion because certain non-significant subsidiaries and equity-method investees were not reviewed.

Financial highlights

• Q3 gross profit was NT$6,084,584 thousand and operating income NT$4,472,009 thousand; both rose sharply YoY, with gross and operating margins at 24% and 18%.

• Q3 net income was NT$3,565,259 thousand, up 75.2% YoY; income tax expense rose 196.1% YoY to NT$992M, while net non-operating income fell 73.3% to NT$85M.

• 9M operating income was NT$10,763,300 thousand, up 98.1% YoY; parent-attributable net income was NT$6,675,267 thousand and basic EPS NT$9.05.

• 9M total comprehensive income was NT$9,084,666 thousand, versus NT$4,346,505 thousand; foreign-currency translation gains were NT$270,264 thousand, versus losses of NT$521,796 thousand.

Outlook and guidance

• Q4 profitability is expected to rise further, supported by high DRAM utilization, price adjustments and anticipated customer wafer-capacity additions.

• Q4 SSD and NAND backend demand is expected to remain strong; packaging material cost pass-through is expected to support revenue and gross margin.

• TPJ and TPW combined Q4 revenue is expected to remain strong on server and ML/AI demand; consumer DRAM and logic demand is expected to rise moderately.

• Advanced FOPLP validation is progressing toward 2027 mass production; the board approved a planned US$400M Singapore panel-level advanced-packaging joint venture with Broadcom Technologies, with regulatory approval received October 28, 2026 and procedures pending.

• Greatek’s Philippine plant is expected to contribute revenue from Q4; customer development for AI/HPC and Edge platforms is laying groundwork for 2027 growth.