TSMC Announces Strong Q2 2025 Results with EPS of NT$15.36
Taiwan Semiconductor Manufacturing Company (TSMC) (TWSE: 2330, NYSE: TSM) has released its financial results for the second quarter of 2025, showcasing robust growth and strong demand for its advanced technologies. The company reported consolidated revenue of NT$933.79 billion, net income of NT$398.27 billion, and diluted earnings per share (EPS) of NT$15.36 (equivalent to US$2.47 per ADR unit) for the quarter ended June 30, 2025.
Year-over-Year and Quarter-over-Quarter Growth
Compared to the same period last year, TSMC’s second-quarter revenue grew by 38.6%, while net income and diluted EPS surged by 60.7%. On a sequential basis, revenue increased by 11.3%, and net income rose by 10.2% compared to the first quarter of 2025. All financial figures were prepared in accordance with Taiwan International Financial Reporting Standards (TIFRS) on a consolidated basis.
In U.S. dollar terms, second-quarter revenue reached $30.07 billion, reflecting a 44.4% year-over-year increase and an impressive 17.8% growth from the previous quarter.
Profitability Metrics Remain Strong
TSMC maintained healthy profitability metrics during the quarter, with a gross margin of 58.6%, an operating margin of 49.6%, and a net profit margin of 42.7%. These figures underscore the company’s operational efficiency and ability to capitalize on high demand for its cutting-edge semiconductor solutions.
Advanced Technologies Drive Revenue Growth
Advanced process technologies continued to dominate TSMC’s revenue mix in Q2 2025. Shipments of 3-nanometer chips accounted for 24% of total wafer revenue, while 5-nanometer and 7-nanometer technologies contributed 36% and 14%, respectively. Collectively, advanced technologies—defined as 7-nanometer and more advanced nodes—represented 74% of total wafer revenue, highlighting the growing adoption of TSMC’s leading-edge capabilities.
Robust Demand Fuels Performance
“Our business in the second quarter was supported by continued robust AI and HPC-related demand,” said Wendell Huang, Senior Vice President and Chief Financial Officer of TSMC. “Moving into the third quarter of 2025, we expect our business to be supported by strong demand for our leading-edge process technologies.”
The ongoing surge in artificial intelligence (AI) and high-performance computing (HPC) applications has been a key driver of TSMC’s success. These sectors are increasingly reliant on advanced semiconductor solutions, positioning TSMC at the forefront of technological innovation.
Outlook for Q3 2025
Based on its current business outlook, TSMC provided guidance for the third quarter of 2025:
- Revenue is expected to range between $31.8 billion and $33.0 billion.
- Assuming an exchange rate of 1 USD to 29.0 NT dollars, the company forecasts:
- Gross profit margin to be between 55.5% and 57.5%.
- Operating profit margin to be between 45.5% and 47.5%.
These projections reflect TSMC’s confidence in sustaining its growth trajectory amid strong demand for its advanced manufacturing capabilities.
A Leader in Semiconductor Innovation
TSMC’s Q2 2025 performance reaffirms its position as a global leader in semiconductor manufacturing. The company’s ability to deliver cutting-edge technologies, coupled with its focus on operational excellence, has enabled it to thrive in a highly competitive and rapidly evolving industry.
As AI, HPC, and other transformative technologies continue to reshape the global landscape, TSMC remains well-positioned to meet the demands of its customers and drive further innovation. With its advanced process nodes and robust financial performance, the company is set to play a pivotal role in shaping the future of technology.
For more information about TSMC and its latest developments, visit TSMC’s official website.
With another quarter of exceptional results, TSMC continues to demonstrate its resilience, adaptability, and leadership in the semiconductor industry, paving the way for sustained success in the years to come.
