WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to present its financial results for the fourth quarter of 2025 and provide business outlook. Consolidated revenue for the fourth quarter of 2025 was approximately NT$342.1bn (US$11.0bn), up by approximately 4% quarter-on-quarter and 31% year-on-year, exceeding the high end of the guidance range of NT$320.0bn. Consolidated operating profit was approximately NT$5,991mn (US$192.8mn), representing an approximately 6% increase quarter-on-quarter and a 42% increase year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$4,191mn (US$134.9mn), up by approximately 10% quarter-on-quarter and 65% year-on-year, exceeding the high-end of the guidance range of NT$4,099mn. Earnings per share (“EPS”) was approximately NT$3.46 based on the weighted average number of outstanding shares, a record-high.
Despite uncertainties from tariffs and FX fluctuations in the first half of 2025, sustained AI semiconductor demand and Future’s recovery drove full-year revenue and net profit to record highs. Consolidated revenue for fiscal year 2025 totaled approximately NT$1,177.9bn (US$37.8bn), reflecting an approximately 23% year-on-year increase. Consolidated operating profit for FY2025 was approximately NT$20.88bn (US$668.9mn), up approximately 37% year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$13.54bn (US$434.5mn), an increase of approximately 49% year-on-year. Earnings per share, after deducting dividends on preferred shares, was approximately NT$11.6 based on the weighted average number of outstanding shares, and approximately NT$10.5 based on the number of shares outstanding at year-end.
For the outlook of the first quarter of 2026, based on the exchange rate assumption of 1 US dollar to 31.5 NT dollars, the mid-point guidance for consolidated revenue is approximately NT$475bn (US$15.08bn), up approximately 92% year-on-year. The mid-point guidance for consolidated operating profit is approximately NT$8,558mn (US$271.7mn), up approximately 87% year-on-year. The mid-point guidance for consolidated net profit after tax attributable to owners of the parent is approximately NT$6,080mn (US$193.0mn), up approximately 125% year-on-year. The mid-point guidance for EPS is approximately NT$4.8, up approximately 99% year-on year.
Looking ahead to 2026, overall semiconductor demand is expected to remain on a solid growth path. According to the capital expenditure plans of major Cloud Service Providers (CSPs), investment momentum in AI infrastructure remains robust and is expected to continue, supporting sustained demand for related electronic components. Additionally, in the non-AI segments, inventories in the industrial and automotive segments have normalized to healthy levels. End demand is gradually flowing through the supply chain, reinforcing a broader recovery trend.
Synergies from the Future acquisition continue to materialize. Amid the ongoing realignment and increasing structural complexity of global supply chains, WT will continue to deepen its global footprint, delivering higher value-add and more integrated solutions to both its suppliers and customers.