TAIWAN SEMICONDUCTOR MANUFACTUR

TAIWAN SEMICONDUCTOR MANUFACTUR — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024	Q1 2024Mar 31, 2024
+Revenue	1046.1B	989.9B	933.8B	839.3B	868.5B	759.7B	673.5B	592.6B
Revenue Growth %	5.7%	6.0%	11.3%	-3.4%	14.3%	12.8%	13.6%	--
Cost Of Revenue	394.1B	401.4B	386.4B	345.9B	356.1B	320.3B	315.4B	278.1B
+Gross Profit	652.0B	588.5B	547.4B	493.4B	512.4B	439.3B	358.1B	314.5B
Gross Margin %	62.3%	59.5%	58.6%	58.8%	59.0%	57.8%	53.2%	53.1%
Operating Expenses	88.2B	87.8B	84.5B	85.2B	86.3B	79.1B	70.3B	65.4B
+Operating Income	564.9B	500.7B	463.4B	407.1B	425.7B	360.8B	286.6B	249.0B
Operating Margin %	54.0%	50.6%	49.6%	48.5%	49.0%	47.5%	42.5%	42.0%
Non Operating Income	27.5B	24.7B	29.6B	23.8B	23.1B	23.4B	19.8B	17.5B
Other Non Operating	1.1B	-93.6M	562.7M	-1.1B	-326.4M	499.5M	-1.3B	-129.7M
Pretax Income	592.4B	525.4B	493.0B	430.9B	448.8B	384.2B	306.3B	266.5B
Income Tax	86.9B	73.6B	95.5B	70.2B	74.3B	59.1B	58.6B	41.3B
Income Continuing Operations	505.4B	451.8B	397.5B	360.7B	374.5B	325.1B	247.7B	225.2B
+Net Income	505.4B	451.8B	397.5B	360.7B	374.5B	325.1B	247.7B	225.2B
Net Margin %	48.3%	45.6%	42.6%	43.0%	43.1%	42.8%	36.8%	38.0%
Net Income Parent	505.7B	452.3B	398.3B	361.6B	374.7B	325.3B	247.8B	225.5B
Other Comprehensive Income	71.1B	95.2B	-254.5B	31.9B	37.9B	-21.1B	13.5B	41.3B
Comprehensive Income	576.5B	547.0B	143.0B	392.6B	412.4B	304.0B	261.1B	266.5B
Eps Basic	19.51	17.44	15.36	13.95	14.45	12.55	9.55	8.70

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024	Q1 2024Mar 31, 2024
Cash And Equivalents	2767.9B	2470.8B	2364.5B	2394.8B	2127.6B	1886.8B	1799.1B	1698.2B
Accounts Receivable	279.1B	305.5B	233.4B	241.7B	270.7B	249.6B	209.1B	201.5B
Inventories	288.1B	288.7B	304.2B	293.4B	287.9B	292.9B	272.5B	267.1B
Other Current Assets	178.4B	88.4B	88.0B	105.2B	106.4B	63.4B	57.9B	60.9B
Current Assets	3817.1B	3436.0B	3264.9B	3345.7B	3088.4B	2773.9B	2591.7B	2452.8B
Equity Method Investments	38.0B	36.0B	34.2B	38.8B	37.4B	31.0B	29.6B	31.2B
Property Plant Equipment	3691.8B	3499.3B	3386.2B	3400.8B	3235.0B	3071.6B	3105.9B	3051.8B
Right Of Use Asset	43.9B	43.3B	43.9B	41.3B	40.1B	39.7B	39.5B	40.1B
Intangible Assets	25.0B	25.6B	24.7B	25.5B	26.3B	22.1B	22.4B	22.2B
Deferred Tax Assets	62.9B	62.1B	65.0B	66.7B	65.9B	65.9B	65.2B	63.7B
Other Non Current Assets	119.9B	138.8B	84.2B	92.6B	87.2B	65.1B	17.5B	18.7B
Non Current Assets	4115.9B	3918.1B	3741.4B	3787.6B	3603.6B	3391.7B	3390.7B	3335.1B
Total Assets	7933.0B	7354.1B	7006.3B	7133.3B	6691.9B	6165.7B	5982.4B	5787.9B
Accounts Payable	82.6B	84.4B	83.5B	75.6B	72.8B	69.1B	62.8B	56.4B
Other Payables	630.2B	563.4B	570.6B	566.0B	531.4B	419.7B	440.0B	398.2B
Current Tax Liabilities	202.3B	116.7B	182.9B	217.3B	147.4B	77.4B	110.3B	139.2B
Other Current Liabilities	538.0B	508.2B	538.8B	537.5B	511.0B	512.4B	434.2B	430.2B
Current Liabilities	1458.0B	1275.9B	1377.3B	1399.8B	1264.5B	1080.4B	1048.9B	1026.2B
Bonds Payable	856.2B	880.4B	848.5B	948.3B	926.6B	909.7B	965.3B	955.5B
Long Term Borrowings	39.8B	37.8B	35.1B	38.7B	31.8B	26.5B	9.0B	10.0B
Other Non Current Liabilities	82.7B	89.5B	93.4B	111.8B	112.7B	98.9B	110.7B	101.9B
Non Current Liabilities	1014.2B	1042.6B	1012.4B	1131.9B	1103.8B	1063.3B	1113.3B	1096.0B
Total Liabilities	2472.2B	2318.5B	2389.7B	2531.7B	2368.4B	2143.7B	2162.2B	2122.2B
Capital Stock	259.3B	259.3B	259.3B	259.3B	259.3B	259.3B	259.3B	259.3B
Ordinary Shares	259.3B	259.3B	259.3B	259.3B	259.3B	259.3B	259.3B	259.4B
Capital Surplus	73.4B	73.4B	73.3B	73.3B	73.3B	72.4B	70.9B	70.9B
Retained Earnings	5103.5B	4753.5B	4430.9B	4162.3B	3917.3B	3657.4B	3438.7B	3294.6B
Legal Reserve	311.1B	311.1B	311.1B	311.1B	311.1B	311.1B	311.1B	311.1B
Other Equity	-16.7B	-87.9B	-182.5B	69.3B	38.7B	922.4M	25.5B	10.9B
Equity Parent	5419.6B	4998.3B	4581.1B	4564.2B	4288.5B	3990.0B	3791.4B	3635.7B
Total Equity	5460.8B	5035.6B	4616.6B	4601.6B	4323.6B	4021.9B	3820.1B	3665.7B
Total Liabilities Equity	7933.0B	7354.1B	7006.3B	7133.3B	6691.9B	6165.7B	5982.4B	5787.9B

Line Item	Q4 2025Dec 31, 2025	Q3 2025Sep 30, 2025	Q2 2025Jun 30, 2025	Q1 2025Mar 31, 2025	Q4 2024Dec 31, 2024	Q3 2024Sep 30, 2024	Q2 2024Jun 30, 2024	Q1 2024Mar 31, 2024
Net Income Before Tax Cf	2041.7B	1449.3B	923.9B	430.9B	1405.8B	957.0B	572.9B	266.5B
Depreciation	679.7B	519.7B	359.0B	173.0B	653.6B	485.5B	319.6B	156.7B
Amortization	8.4B	6.3B	4.2B	2.1B	9.2B	6.9B	4.6B	2.3B
Cash From Operations Adjustments	2275.0B	1549.5B	1122.6B	625.6B	1826.2B	1206.0B	814.0B	436.3B
Change In Receivables	-8.4B	-34.8B	37.3B	29.0B	-69.4B	-48.3B	-7.8B	-186.5M
Change In Inventories	-240.7M	-820.3M	-16.3B	-5.5B	-36.9B	-41.9B	-21.5B	-16.1B
Change In Payables	9.8B	11.6B	10.7B	2.8B	17.1B	13.4B	7.0B	698.1M
Operating Cash Flow	2275.0B	1549.5B	1122.6B	625.6B	1826.2B	1206.0B	814.0B	436.3B
Capex	-1272.4B	-915.5B	-628.1B	-330.8B	-956.0B	-594.1B	-387.0B	-181.3B
Investing Cash Flow	-1144.4B	-778.4B	-518.7B	-290.2B	-864.8B	-552.9B	-357.4B	-159.8B
Proceeds Long Term Debt	10.7B	7.6B	5.4B	5.4B	30.9B	23.4B	6.4B	6.4B
Repayment Long Term Debt	-2.7B	-2.2B	-1.4B	-719.2M	-2.3B	-1.7B	-1.1B	-512.5M
Bond Redemption	-54.3B	-52.6B	-13.4B	-3.0B	-7.0B	-5.2B	0.00	0.00
Interest Paid	-19.1B	-13.8B	-9.7B	-2.5B	-18.8B	-12.8B	-8.4B	-1.8B
Financing Cash Flow	-440.3B	-332.7B	-204.4B	-84.7B	-346.3B	-245.6B	-161.9B	-71.7B
Net Change In Cash	640.2B	343.1B	236.9B	267.2B	662.2B	421.4B	333.7B	232.8B
Cash Beginning Of Period	2127.6B	2127.6B	2127.6B	2127.6B	1465.4B	1465.4B	1465.4B	1465.4B
Cash End Of Period	2767.9B	2470.8B	2364.5B	2394.8B	2127.6B	1886.8B	1799.1B	1698.2B
Income Before Tax Continuing	2041.7B	1449.3B	923.9B	430.9B	1405.8B	957.0B	572.9B	266.5B
Interest Expense	12.4B	9.3B	6.4B	2.7B	10.5B	8.0B	5.3B	2.7B
Interest Income	-105.7B	-76.2B	-50.1B	-24.9B	-87.2B	-62.9B	-40.3B	-19.4B