Advantech (2395) Q2 2026 earnings summary

Executive summary

• Achieved record-high revenue and net income in 2Q26 and 1H26, with double-digit growth both quarter-over-quarter and year-over-year.

• Revenue for H1 2026 rose 32% year-over-year to NT$46.51 billion, with net profit after tax up 66% to NT$7.85 billion and basic EPS at $9.05.

• Q2 2026 revenue increased 46% year-over-year to NT$26.13 billion, with net profit after tax up 127% to NT$4.52 billion and basic EPS at $5.20.

• All major business units and geographic regions reported double-digit growth, with North America, Europe, China, North Asia, Taiwan, and Emerging Markets leading.

• Operating profit margin improved significantly year-over-year due to effective operating expense control and operating leverage.

Financial highlights

• 2Q26 net sales reached NT$26,126 million, up 28% sequentially and 46% year-over-year.

• Gross profit for H1 2026 was NT$17.83 billion (gross margin 38.3%), and operating profit was NT$8.86 billion (operating margin 19.0%).

• For Q2 2026, gross profit was NT$9.85 billion (gross margin 37.7%), and operating profit was NT$5.13 billion (operating margin 19.6%).

• Net income to parent in 2Q26 was NT$4,518 million, up 127% year-over-year; EPS was NT$5.20.

• 1H26 revenue was NT$46,512 million, up 32% year-over-year; operating profit was NT$8,856 million, up 46% year-over-year.

Outlook and guidance

• Management expects continued growth, leveraging strong performance in key sectors and regions, with a focus on digital transformation and IoT solutions.

• No significant post-balance sheet events or disaster losses were reported.