TSMC: Reports Second Quarter EPS of NT$15.36

Imagery Source: Wikimedia Commons / Peellden 
Information Source: TSMC
TSMC (TWSE: 2330, NYSE: TSM) today announced consolidated revenue of NT$933.79 billion, net income of NT$398.27 billion, and diluted earnings per share of NT$15.36 (US$2.47 per ADR unit) for the second quarter ended June 30, 2025. 
Year-over-year, second quarter revenue increased 38.6%, while net income and diluted EPS both increased 60.7%. Compared to first quarter 2025, second quarter results represented an 11.3% increase in revenue and a 10.2% increase in net income. All figures were prepared by TIFRS on a consolidated basis. 
In US dollars, second quarter revenue was $30.07 billion, which increased 44.4% year-over-year and increased 17.8% from the previous quarter. 
Gross margin for the quarter was 58.6%, operating margin was 49.6%, and net profit margin was 42.7%. 
In the second quarter, shipments of 3-nanometer accounted for 24% of total wafer revenue; 5-nanometer accounted for 36%; 7-nanometer accounted for 14%. Advanced technologies, defined as 7-nanometer and more advanced technologies, accounted for 74% of total wafer revenue. 
“Our business in the second quarter was supported by continued robust AI and HPC-related demand,” said Wendell Huang, Senior VP and Chief Financial Officer of TSMC. “Moving into the third quarter of 2025, we expect our business to be supported by strong demand for our leading-edge process technologies.” 
Based on the Company’s current business outlook, management expects the overall performance for the third quarter of 2025 to be as follows: 
  • Revenue is expected to be between US$31.8 billion and US$33.0 billion; 
And, based on the exchange rate assumption of 1 US dollar to 29.0 NT dollars, 
  • Gross profit margin is expected to be between 55.5% and 57.5%. 
  • Operating profit margin is expected to be between 45.5% and 47.5%. 
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TSMC
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