TSMC reported a record third-quarter revenue of TWD 1.49 trillion, marking a 50% increase compared to the same period last year. This figure surpassed the LSEG SmartEstimate of TWD 1.46 trillion, which was based on forecasts from 19 analysts. The quarterly performance also exceeded the company's own guidance of $44.6 billion to $45.8 billion, reaching approximately $46.71 billion.
September revenue reached TWD 511.86 billion, representing a 54.6% year-over-year increase, despite a slight 0.6% decline from August. For the first nine months of the year, total revenue grew by 41.1% to TWD 3.90 trillion. These results follow a strong second quarter, during which net income rose 77.4% to TWD 706.56 billion, leading the company to raise its 2026 growth outlook to over 40%.
Despite the financial results, TSMC shares listed in Taiwan closed 1.35% lower at TWD 2,550 on Thursday, retreating from a record high of TWD 2,585. Year-to-date, these shares have gained 60.88% from TWD 1,585 at the end of 2025. Meanwhile, US-listed American depositary receipts closed at $472.20 on Wednesday, showing a 55.39% increase for the year.
The company is scheduled to release its full earnings report on October 15. Analysts currently project that net profit will increase by 64% to reach TWD 740.8 billion. Trading for Taiwan-listed shares will resume on October 12 following the National Day holiday, while US markets will react to the latest revenue figures upon opening on Thursday.
