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AP Memory Technology (6531) investor relations material
AP Memory Technology Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved strong revenue growth in Q1 2026, with net revenue up 10% sequentially and 123% year-over-year, driven by robust demand across product lines.
Net income attributable to shareholders reached NT$676 million, a 104% increase year-over-year, despite a 12% sequential decline.
Product innovation and expansion in IoT, AI, and advanced packaging segments supported performance.
Financial highlights
Q1 2026 net revenue: NT$2,099.95 million; gross margin: 46%; operating margin: 28%.
Net income: NT$659.97 million; basic EPS: NT$4.15.
Pro forma net income (excluding FX impact): NT$578.15 million; pro forma EPS: NT$3.65.
Total assets as of March 31, 2026: NT$15.57 billion; cash and equivalents: NT$8.77 billion.
Shareholders’ equity: NT$12.01 billion; net worth per share: NT$72.55.
Outlook and guidance
Strong market demand for IOTRAM™ expected to continue, supported by DRAM shortages.
S-SiCap™ IPD mass production to start in Q2 2026, with rapid ramp-up anticipated in 2027.
VHMTM-enabled AI accelerator product design ongoing, with multiple POC projects in development.
- Revenue surged but FX losses and lower margins resulted in a net loss; OCKY acquired.6531
Q2 202513 May 2026 - Revenue up 35% to NT$5.67B, net income down 21%, OCKY acquired, strong IoT and AI demand.6531
Q4 202524 Apr 2026 - Revenue and Q3 net income grew, but year-over-year profit fell; OCKY acquisition completed.6531
Q3 202520 Jan 2026 - Strong 3Q24 growth in revenue and margins, but cash declined amid customer concentration risk.6531
Q3 202413 Jun 2025 - Net profit up 36% in H1 2024, margins improved, and new product design-ins ramping.6531
Q2 202413 Jun 2025 - Q1 2025 revenue rose to NT$974.96M, OCKY consolidated, growth expected from S-SiCap™ IPC.6531
Q1 202511 Jun 2025 - 2024 net income up 9% with higher margins and new product lines set for 2025 growth.6531
Q4 20245 Jun 2025
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Next AP Memory Technology earnings date
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