UNIVERSAL MICROWAVE TECH (3491) Q1 2026 earnings summary

Executive summary

• Achieved strong revenue growth and profitability in Q1 2026, with significant increases in both revenue and net profit year-over-year.

• Expanded operations through acquisition of FuTa Precision Inc. and continued investment in subsidiaries in Vietnam and Thailand.

• Completed disposal of Genton Tech Corporation, resulting in a shift in segment reporting.

Financial highlights

• Operating revenue rose to NT$1,020,155 thousand, up 64% from NT$620,099 thousand in Q1 2025.

• Net profit increased to NT$253,127 thousand, a 77% rise from NT$143,184 thousand year-over-year.

• Gross margin improved to 58% from 51% in the prior year.

• Basic EPS was NT$3.68, up from NT$2.22 in Q1 2025.

• Total comprehensive income reached NT$325,467 thousand, up from NT$114,802 thousand.

Outlook and guidance

• Board approved a cash dividend of NT$6.0 per share for 2025, with additional capital surplus distribution.

• Ongoing investments in Southeast Asia and new product development expected to support future growth.