Powertech Technology (6239) Q2 2026 earnings summary

Executive summary

• Achieved record revenue and EPS for 2Q26 and 1H26, with 1H26 net sales up 32% YoY to NT$44.43B and net income up 83% to NT$5.24B.

• Gross margin improved to 21% from 16% YoY, reflecting operational efficiency and higher sales.

• EPS for 1H26 was NT$5.50 basic and NT$5.49 diluted, up from NT$2.88 and NT$2.87, respectively.

• Robust demand in DRAM, NAND, and Logic segments, driven by AI, server, and eSSD applications.

• Gross, operating, and net profit margins improved both sequentially and year-over-year.

Financial highlights

• 2Q26 revenue reached NT$23.1B, up 8.5% QoQ and 28.0% YoY; EPS at NT$3.00, up 20.0% QoQ and 130.8% YoY.

• 1H26 revenue was NT$44.4B, up 32.4% YoY; EPS at NT$5.50, up 91.0% YoY.

• Operating income for 1H26 increased 86% YoY to NT$6.29B.

• Net income for 2Q26 was NT$2.85B, up 19.4% QoQ and 123.5% YoY.

• Total assets as of June 30, 2026, reached NT$130.96B; cash and cash equivalents at period end were NT$17.63B.

Outlook and guidance

• AI server demand continues to drive HBM and high-end memory packaging; DRAM and NAND demand and pricing remain strong.

• Third quarter revenue expected to grow, supported by server, ML/AI, and consumer electronics.

• The company is investing in capacity expansion and advanced packaging, including a new joint venture in Singapore.

• Packaging material costs rising, with price adjustments expected to support margins.

• Advanced packaging (FCBGA, FOPLP) and product mix optimization to drive future growth.