TXC (3042) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 2026 was NT$3,339 million, up 5% year-over-year, with net profit at NT$451 million, a 4% decrease from Q1 2025.

• Gross margin declined to 32% from 35% year-over-year due to higher cost of goods sold.

• Total comprehensive income rose to NT$836 million, driven by significant foreign currency translation gains.

Financial highlights

• Operating income for Q1 2026 was NT$504 million, down 2% year-over-year.

• Earnings per share (EPS) were NT$1.32 basic and NT$1.32 diluted, compared to NT$1.38 and NT$1.37 in Q1 2025.

• Cash and cash equivalents at quarter-end were NT$3,786 million, down from NT$4,425 million a year earlier.

• Net cash from operating activities was NT$497 million, a significant decrease from NT$815 million in Q1 2025.

Outlook and guidance

• The company continues to focus on renewable energy, with a 15.8% utilization rate as of Q1 2026.

• Ongoing investments in ESG and carbon management frameworks to enhance sustainability and competitiveness.