Taiwan Union Technology (6274) Q1 2026 earnings summary

Executive summary

• Net revenue reached NT$10,054 million in 1Q26, up 10.2% sequentially and 57.8% year-over-year, with net profit rising to NT$1,260 million, an 87.5% year-over-year increase.

• EPS was NT$4.36 basic and NT$4.22 diluted, up 16.0% sequentially and 79.4% year-over-year.

• Gross margin improved to 25.2% from 22.1% in 4Q25 and 24.1% in 1Q25, while operating margin increased to 18.2%.

Financial highlights

• Operating profit for Q1 2026 was NT$1,827,536 thousand, nearly doubling from Q1 2025.

• Total comprehensive income for Q1 2026 reached NT$1,595,622 thousand, up from NT$839,375 thousand.

• Net profit margin rose to 12.5%, up 0.6 percentage points from 4Q25 and 2.0 points year-over-year.

• ROE reached 27.5%, up 1.2 points sequentially and 8.1 points year-over-year.

• Total assets grew to NT$44,258,115 thousand from NT$26,955,427 thousand year-over-year.

Segment performance

• ELL & SLL contributed 38% of 1Q26 CCL revenue, VLL & LL 32%, and HDI & N-LL 18%.

• ELL & SLL segment share increased compared to previous quarters.

• Domestic sales and manufacturing contributed NT$3,849,795 thousand in revenue and NT$641,775 thousand in segment profit for Q1 2026.

• Overseas sales and manufacturing delivered NT$6,204,171 thousand in revenue and NT$1,185,761 thousand in segment profit.