WT Microelectronics (3036 TT) (“WT”) held an online investor conference today to present its financial results for the second quarter of 2026 and provide its business outlook. Driven by sustained strong demand for AI-related products and a simultaneous recovery across industrial, automotive, and Future’s business segments, the Company achieved record-high revenue and profitability in the quarter. For the second quarter of 2026, consolidated revenue was approximately NT$590.7bn(US$18.7bn), up approximately 20% quarter-on-quarter and 128% year-on-year.Consolidated operating profit was approximately NT$13bn (US$411.2mn), representing an increase of approximately 31% quarter-on-quarter and 179% year-on-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$9,713mn (US$307.3mn), up approximately 39% quarter-on-quarter and 243% year-on-year, surpassing the upper end of the guidance of NT$8,572mn, and marking a consecutive all-time quarterly earnings record. Earnings per share (“EPS”) based on weighted average outstanding shares was approximately NT$7.68, up approximately 44% quarter-on-quarter and 237% year-on-year, also setting a new all-time quarterly EPS record – demonstrating that the Company’s earnings growth has substantially outpaced the share capital increase following its successful capital raise in late 2025.
For the first half of 2026, cumulative consolidated revenue was approximately NT$1.085 trillion (US$34.4bn), up approximately 114% year-over-year. Consolidated operating profit was approximately NT$22.9bn (US$725.5mn), up approximately 148% year-over-year. Consolidated net profit after tax attributable to owners of the parent was approximately NT$16.7bn (US$528.9mn), up approximately 202% year-over-year. EPS based on weighted average outstanding shares was approximately NT$13, up approximately 177% year-over-year.
Looking ahead to the third quarter of 2026, and based on an assumed exchange rate of NT$32.2 per US dollar, the Company projects consolidated revenue of approximately NT$592bn (US$18.4bn) at the midpoint, up approximately 80% year-over-year; consolidated operating profit of approximately NT$14bn (US$436mn) at the midpoint, up approximately 148% year-over-year; consolidated net profit attributable to owners of the parent of approximately NT$10.2bn (US$315.9mn) at the midpoint, up approximately 167% year-over-year; and EPS of approximately NT$8.03 at the midpoint, up approximately 136% year-over-year.
Looking further ahead, capital expenditure by hyperscalers and major AI-related technology companies continues to expand. The Company anticipates that demand will continue to strengthen through the second half of 2026 and into 2027. AI demand is expected to persist and to progressively penetrate a broader range of end markets, driving overall semiconductor demand growth. In non-AI segments — including Future, industrial, and automotive — demand indicators such as book-to-bill ratios point to a continued, steady recovery.
In an operating environment characterized by ongoing global supply chain realignment and increasing structural complexity, the Company will continue to strengthen its corporate fundamentals, deepen its global footprint, and deliver greater added value to both suppliers and customers through more comprehensive and flexible solutions.