Quanta Computer (2382) Q1 2026 earnings summary

Executive summary

• Net sales for 1Q26 reached NT$809,221 million (TWD 809.2 billion), up 66.6%–67% year-over-year and 26.7% quarter-over-quarter, driven by strong demand in electronic products and cloud-computing servers.

• Net income for 1Q26 was NT$21,192 million (TWD 21.19 billion), an increase of 8.7%–9% year-over-year but a decrease of 4.5% sequentially.

• Gross margin for 1Q26 was 4.78%–4.8%, down from 7.92%–7.9% in 1Q25, reflecting higher cost of goods sold and inventory adjustments.

• Basic EPS for 1Q26 was NT$5.50, compared to NT$5.06 in 1Q25 and NT$5.76 in 4Q25.

Financial highlights

• Operating income for 1Q26 was NT$23,024 million (TWD 23.02 billion), down 6.4% year-over-year and 4.1% sequentially.

• Gross profit for 1Q26 was NT$38,697 million, up 0.6% year-over-year but down 4.2% from the previous quarter.

• Total assets as of March 31, 2026 were TWD 1.75 trillion, up from TWD 1.04 trillion a year earlier.

• Cash and short-term investments increased to NT$267,670 million (TWD 226.7 billion) as of March 31, 2026.

• Total equity attributable to owners of the parent was NT$207,483 million (TWD 207.5 billion) as of March 31, 2026.

Key financial ratios and metrics

• Gross margin for 1Q26 was 4.78%–4.8%, compared to 7.92%–7.9% in 1Q25 and 6.33% in 4Q25.

• Net margin for 1Q26 was 2.62%–2.6%, compared to 4.01%–4.0% in 1Q25 and 3.48% in 4Q25.

• Operating margin for 1Q26 was 2.8%, down from 4.8% in 1Q25.

• Current ratio was 1.09 and debt-to-equity ratio was 6.9 as of March 31, 2026.

• Basic EPS for 1Q26 was NT$5.50.