Wiwynn (6669) Q1 2026 earnings summary

Executive summary

• Net revenue for Q1 2026 was NT$276,508 million, down 5.4% sequentially but up 62.0% year-over-year.

• Gross profit reached NT$20,881 million, representing a 7.6% margin, slightly higher than the previous quarter.

• Operating income was NT$17,458 million, up 45.7% year-over-year.

• Profit after tax for Q1 2026 was NT$14,114 million, a 44.1% increase year-over-year.

• EPS for Q1 2026 was NT$75.95, up from NT$52.70 in Q1 2025.

Financial highlights

• Net revenue decreased 5.4% from Q4 2025 but increased 62.0% from Q1 2025.

• Gross profit margin improved to 7.6% from 7.2% in the previous quarter.

• Operating expenses were NT$3,423 million, down 26.6% year-over-year.

• Total assets grew to NT$432,576 million, a 28% increase from Q4 2025.

• Total equity rose to NT$140,164 million, up 12% sequentially and 42% year-over-year.

Key financial ratios and metrics

• Operating margin for Q1 2026 was 6.3%, up from 5.6% in Q4 2025.

• Net profit margin was 5.1% for Q1 2026, compared to 4.7% in Q4 2025.

• Cash position at quarter-end was NT$70,996 million, down 21% sequentially but up 51% year-over-year.