TSMC Reports Record Q3 2026 Revenue of $46.72 Billion, Forecasts 61% Growth for Q4

Taiwan Semiconductor Manufacturing Company (TSMC) announced its third-quarter 2026 results, reporting a remarkable revenue of $46.72 billion on October 15, marking a 41.2% increase from the same quarter last year. This growth is attributed to the rising demand for advanced semiconductor technologies, particularly in the AI sector.

In its home currency, TSMC's consolidated revenue reached NT$1,494.24 billion, which is a 50.9% year-over-year increase and a 17.6% rise from the previous quarter. The company also reported a net income of NT$763.06 billion, reflecting a substantial 68.7% increase from the same period last year. This translates to diluted earnings per share of NT$29.43, or $4.60 per American depositary receipt (ADR).

TSMC's margins were impressive, with a gross margin of 66.4%, an operating margin of 58.7%, and a net margin of 51.1%, all exceeding previous guidance and analyst expectations. A significant portion of TSMC's revenue, approximately 79%, came from chips built on process nodes of 7 nanometers and below, with high-performance computing contributing 68% of total revenue.

Looking ahead, TSMC forecasts fourth-quarter revenue to rise between $52.3 billion and $54.3 billion, which would represent a year-over-year growth of 55% to 61%. The company is maintaining its capital expenditure guidance for 2026 at $60 billion to $64 billion, indicating confidence in ongoing demand for cutting-edge semiconductor technologies.

Latest Updates on TSMC

• TSMC reported a record net profit of NT$763.1 billion (approximately $23.6 billion) for Q3 2026, marking a 68.7% increase year-over-year.
• The company's revenue for Q3 2026 reached NT$1.494 trillion (about $46.7 billion), reflecting a 50.9% year-over-year growth.
• Advanced process technologies accounted for 79% of TSMC's total wafer revenue in the quarter.
• TSMC has raised its full-year 2026 revenue growth outlook to approximately 44% in US dollar terms.
• The company forecasts Q4 2026 revenue between $52.3 billion and $54.3 billion, indicating a year-over-year growth of roughly 55% to 61%.
• TSMC's total commitment to US manufacturing facilities has reached $265 billion, including an additional $100 billion for operations in Arizona.
• Despite strong performance, TSMC has noted ongoing macroeconomic uncertainties that may affect its planning for 2027.