Taiwan Semiconductor Manufacturing

TSM · NYSE · USD

$472.78Change from previous close: +2.96%Absolute change: +$13.58

Close · October 2, 2026

At a glance

Revenue growth
+31.61%
2025 vs 2024
Net income growth
+46.55%
2025 vs 2024
Net margin
44.6%
2024: 40.0%

Financial data

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

Income statement · Annual
Item2025202420232022202120202019201820172016
Total revenue3,809,0542,894,3082,161,7362,263,8911,587,4151,339,2551,069,9851,031,474977,447947,938
Cost of revenue1,527,7601,269,954986,625915,537767,878628,125573,884530,892482,616473,077
Gross profit2,281,2941,624,3541,175,1111,348,355819,537711,130496,102500,582494,831474,861
Selling, general and administrative99,22296,88971,46463,44544,48835,57028,08626,25427,16925,696
Research and development246,427204,182182,370163,262124,735109,48691,41985,89680,73371,208
Operating income1,936,8741,323,204921,4661,122,070650,255566,784376,750387,649386,671377,911
EBIT1,936,8741,323,204921,4661,122,070650,255566,784376,750387,649386,671377,911
EBITDA2,614,2641,976,8501,444,8891,551,4761,065,770892,158657,264677,360644,503600,009
Interest expense12,37010,49511,99911,7505,4142,0823,2513,0513,3303,306
Pre-tax income2,041,6551,405,840979,3171,144,072663,036584,746389,862397,543396,162385,922
Income tax346,530248,316128,289150,77870,15573,73835,83534,43751,12354,124
Net income1,697,6041,158,380851,740992,923592,359510,744353,948363,053344,998331,714
Net income to common shareholders1,697,6041,158,380851,740992,923592,359510,744353,948363,053344,998331,714
Basic EPS65.4744.6832.8538.2922.8419.7013.6514.0013.3012.79
Diluted EPS65.4744.6732.8538.2922.8419.7013.6514.0013.3012.79
Average shares (basic)25,92825,92825,92925,92925,93025,93025,93025,93025,93025,930
Average shares (diluted)25,93125,93025,92925,92925,93025,93025,93025,93025,93025,930
Dividend per share22.0017.0013.0011.0011.0010.009.508.008.007.00