Micro-Star International

2377 · TWSE · TWD

$155.00+1.64%+$2.50

Close · October 2, 2026

At a glance

Revenue growth: +16.34%; 2025 vs 2024
Net income growth: −15.38%; 2025 vs 2024
Net margin: 2.5%; 2024: 3.4%

Financial data

Amounts in millions of TWD; per-share values in TWD; shares in millions.

Income statement · Quarterly
Item	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023
Total revenue	49,913	56,257	57,608	57,731	61,317	53,540	51,487	52,087	46,672	47,627	49,155	48,918
Cost of revenue	41,944	47,816	51,206	51,232	54,502	48,044	46,183	45,483	40,424	41,587	43,863	43,131
Gross profit	7,969	8,441	6,402	6,499	6,815	5,496	5,304	6,604	6,248	6,040	5,292	5,787
Selling, general and administrative	3,273	3,163	3,504	3,418	3,490	3,210	3,319	3,046	2,921	2,583	2,811	2,457
Research and development	1,349	1,407	1,374	1,258	1,266	1,323	1,363	1,421	1,243	1,112	1,079	1,106
Operating income	3,281	3,876	1,515	1,797	2,064	1,012	555	2,128	2,206	2,229	1,371	2,221
EBIT	3,281	3,876	1,515	1,797	2,064	1,012	555	2,128	2,206	2,229	1,371	2,221
EBITDA	3,518	4,120	1,757	2,030	2,296	1,249	798	2,370	2,448	2,465	1,617	2,481
Interest expense	41.1	42.8	63.3	43.5	20.6	8.0	14.9	19.4	5.9	4.1	13.0	5.8
Pre-tax income	3,633	4,133	1,862	1,971	1,910	1,281	627	2,174	2,716	2,991	801	2,867
Income tax	634	717	230	275	568	204	166	442	609	499	61.3	518
Net income	2,999	3,417	1,632	1,696	1,343	1,077	461	1,732	2,107	2,492	740	2,350
Net income to common shareholders	2,999	3,417	1,632	1,696	1,343	1,077	461	1,732	2,107	2,492	740	2,350
Basic EPS	3.55	4.04	1.93	2.01	1.59	1.27	0.55	2.05	2.49	2.95	0.88	2.78
Diluted EPS	3.53	4.01	1.90	2.00	1.59	1.27	0.55	2.05	2.49	2.93	0.87	2.78
Average shares (basic)	845	845	845	845	845	845	845	845	845	845	845	845
Average shares (diluted)	849	853	857	848	846	849	848	846	846	850	847	846
Dividend per share	—	—	4.20	—	—	—	5.00	—	—	—	5.40	—