Xintec (3374) Q2 2026 earnings summary

Executive summary

• Net revenue for 2Q'26 reached NT$2,185M, up 14.2% QoQ and 42.2% YoY, with strong growth in testing services.

• Net income for 2Q'26 was NT$396M, a 3.1% increase QoQ and a 512.5% surge YoY, reflecting improved profitability.

• EPS for 2Q'26 was NT$1.46, up 2.9% QoQ and 512.5% YoY.

• For 1H'26, net revenue grew 33% YoY to NT$4,098M, and net income rose 91.8% YoY to NT$781M.

• Gross margin for the six months ended June 30, 115 was 28%, up from 23% YoY.

Financial highlights

• Gross margin for 2Q'26 was 27.7%, up 12ppt YoY but down 2ppt QoQ.

• Operating margin for 2Q'26 was 22.3%, up 11.6ppt YoY but down 1.3ppt QoQ.

• Net profit margin for 2Q'26 was 18.1%, up 13.9ppt YoY but down 1.9ppt QoQ.

• Cash and marketable securities at quarter-end were NT$6,125M.

• Operating income for the six months was NT$938,552 thousand, up 86% YoY.

Outlook and guidance

• Forward-looking statements indicate expectations of continued growth but highlight significant risks and uncertainties.

• The company continues to invest in capacity expansion under the government’s “Accelerated Investment Action Plan,” with NT$4,000,000 thousand in preferential loans for capital expenditures.

• Dividend policy maintains a cash payout of NT$2.5 per share for both 114 and 113 fiscal years.