Yageo (2327) Q2 2026 earnings summary

Executive summary

• 2Q2026 net sales reached NT$44,456m, up 16.5% QoQ and 35.7% YoY.

• AI-related demand and specialty products drove strong momentum; margins and earnings expanded.

• 1H2026 net sales totaled NT$82,622m, up 29.3% YoY; attributable net income was NT$17,419m, up 65.5%.

Financial highlights

• 2Q2026 gross profit was NT$17,116m and operating income NT$11,749m; gross margin was 38.5% and operating margin 26.4%.

• 2Q net income attributable to the parent was NT$9,418m, up 17.7% QoQ and 88.5% YoY; EPS was NT$4.59.

• Consolidated 2Q net profit was NT$9,456m; 1H consolidated net profit was NT$17,494m, versus NT$10,575m in 1H2025.

• 1H2026 gross profit was NT$31,658m and operating income NT$21,362m; gross margin was 38.3% and operating margin 25.9%.

• 1H EPS was NT$8.48 versus NT$5.13 in 1H2025; total comprehensive income was NT$20,105m, versus a NT$3,395m loss.

Outlook and guidance

• Positive customer sentiment and outlook for 2H2026; AI content demand expected to continue driving growth.

• Structural industry changes are being driven by AI demand; geopolitical uncertainty, tariffs and exchange rates remain areas of caution.