Catcher Technology (2474) Q2 2026 earnings summary

Executive summary

• Quarterly revenue for 2Q26 was NT$2.681bn, down 29.0% sequentially and 47.3% year-over-year, mainly due to electronic component shortages impacting notebook PC shipments.

• Gross margin held at 28.9%, but operating margin dropped to 1.8% due to weaker revenue and higher R&D expenses.

• Net profit after tax (NPAT) reached NT$1.355bn, a return to profitability year-over-year, but down 8.7% sequentially.

• Basic EPS was NT$2.51 in 2Q26, compared to NT$2.63 in 1Q26 and -NT$1.64 in 2Q25.

Financial highlights

• 1H26 revenue was NT$6.455bn, down 31.6% year-over-year.

• Gross profit for 1H26 was NT$1.861bn, down 39.4% year-over-year; gross margin was 28.8%.

• Operating profit for 1H26 was NT$0.291bn, down 82.8% year-over-year; operating margin was 4.5%.

• NPBT for 1H26 was NT$3.518bn (+10.8% y-o-y); NPAT was NT$2.840bn (+54.1% y-o-y).

• EBITDA for 2Q26 was NT$0.464bn, down 29.0% sequentially and 63.5% year-over-year.

Outlook and guidance

• Ongoing diversification into medtech, semiconductor, and aerospace sectors, with strategic investments and M&A under evaluation.

• Continued focus on R&D, production capacity expansion, and global supply chain realignment.