ChipMOS TECHNOLOGIES (8150) Q1 2026 earnings summary

Executive summary

• Revenue reached NT$6,935.6M in Q1 2026, up 25.4% year-over-year from NT$5,532.3M in Q1 2025.

• Profit attributable to the company was NT$504.9M, a 186.4% increase year-over-year.

• EPS was NT$0.72, tripling from NT$0.24 in Q1 2025.

• Gross margin improved to 14% in Q1 2026 from 9% in Q1 2025.

• Operating profit rose to NT$519.7M in Q1 2026 from NT$116.0M in Q1 2025.

Financial highlights

• Gross margin was 13.8%-14%, up 4.4-5 points year-over-year.

• Operating profit margin was 7.5%-8%, up 5.4-6 points year-over-year.

• Free cash flow for Q1 2026 was NT$1,109.3M, up from NT$830.6M in Q1 2025.

• Cash and cash equivalents at period end: NT$12,386.9M.

• Capital expenditures for property, plant, and equipment totaled NT$1,384.4M in Q1 2026.

Outlook and guidance

• 2H26 is expected to outperform 1H26, driven by AI-related and datacenter demand.

• Planned price increases for Memory and DDIC products.

• DRAM demand continues to rebound; Flash and OLED momentum remain stable.

• The company adopted new IFRS standards in 2026, with no significant impact.

• No significant events after the reporting period were noted.