🔹 Revenue: $30.07 B (Est. $30.00 B) 🟢; +44.4% YoY
🔹 Net Income: $13.5 B (Est. $12.1 B) 🟢; +60.7% YoY
🔹 EPS: $2.47 (Est. $2.12) 🟢; +60.7% YoY
🔹 Gross Margin: 58.6% (Est. 58%) 🟢; +5.4 pp YoY
🔹 Operating Margin: 49.6% (Est. 48%) 🟢; +7.1 pp YoY
🔹 Wafer Shipments: 3,718K 12"-eq; UP +19% YoY
Q3'25 Guidance
🔹 Revenue: $31.8B–$33.0B (Est. $31.72B) 🟢
🔹 Gross Margin: 55.5%–57.5% (Est. 57.2%) 🟡
🔹 Operating Margin: 45.5%–47.5% (Est. 46.9%) 🟡
FY25 Outlook:
🔹 Revenue Growth Raised: +30% YoY to ~$117B (prior mid-20%) 🟡
🔹 CapEx: $38B–$42B (unchanged; Est. $38B) 🟡
Segment / Technology Mix (Q2'25)
🔹 Advanced Technologies (7nm & below) = 74% wafer revenue; driven by 3nm & 5nm demand.
🔹 3nm: 24% of wafer revenue; strength in leading-node demand.
🔹 5nm: 36% of wafer revenue; sustained high utilization.
🔹 7nm: 14% of wafer revenue.
Revenue by Platform
🔹 AI/HPC: 60% of total; +14% QoQ
🔹 Smartphone: 27% of total; +7% QoQ
🔹 IoT: 5% of total; +14% QoQ
🔹 Automotive: 5% of total; flat QoQ
🔹 DCE: 1% of total; +30% QoQ
🔹 Others: 2% of total; +6% QoQ
Other Key Metrics
🔹 Net Profit Margin: 42.7%; UP +5.9ppts YoY
🔹 A/R Days: 23 (down 5 QoQ)
🔹 Inventory Days: 76 (down 7 QoQ; higher N3/N5 shipments)
🔹 Cash & Marketable Securities: NT$2.63T
🔹 Capital Expenditures (Q2): NT$297.22B (~$9.63B)
🔹 Free Cash Flow (Q2): NT$199.85B
Mgmt. Commentary:
🔸 “Strong Q2 revenue supported by industry-leading 3nm and 5nm technologies, partially offset by FX headwinds.”
🔸 “Gross margin pressure from FX and overseas fab dilution was partly balanced by higher utilization and cost improvements.”
