Taiwan Semiconductor (TSM), or TSMC, reported net income of NT$763.06 billion in the third quarter of 2026, up 69% from NT$452.3 billion in 3Q25. Consolidated revenue totaled NT$1,494.24 billion, and diluted earnings per share (EPS) were NT$29.43, compared with NT$17.44 in the same period of the prior year. The figures were approved by the board of directors at a meeting held on November 10, 2026.
The quarter's gross margin was 66%, compared with 59% a year earlier, and operating income reached NT$876.4 billion, compared with NT$500.7 billion in 3Q25.
In the nine months ended September 30, 2026, net revenue was NT$3,898.7 billion and net income was NT$2,042.9 billion. Operating income totaled NT$2,302.0 billion, and basic EPS was NT$78.75. Nine-month earnings include a NT$63.2 billion gain on the sale of shares of Vanguard International Semiconductor (VIS), recorded in the second quarter. The figures follow TIFRS accounting standards, on a consolidated basis.
The board approved a cash dividend of NT$9.0 per share for the third quarter of 2026, compared with NT$7.00 in the second quarter. The record date is March 17, 2027, and the ex-dividend date is March 11, 2027, for both common shares and ADSs (share certificates traded in the US). Payment will be made on April 8, 2027.
The board also approved capital investments of approximately US$40,926.70 million (about US$40.9 billion). The funds are earmarked for advanced technology capacity, advanced packaging and mature or specialty technologies, fab construction and system installation, as well as research and development investments in 2027, maintenance capital expenditures and capitalized leased assets. The goal is to meet long-term capacity plans, based on expected market demand and the company's technology development roadmap.
The board also approved the establishment of an investment company of up to US$500 million for strategic investments in the semiconductor sector and its ecosystem, as well as investments of up to US$500 million in Anthropic, at the initial public offering (IPO) price per share, and up to US$500 million in OpenAI preferred shares.
