ChipMOS Q2 Revenue Surges 28.7% to Record NT$7.38B, Gross Margin Hits 18%, Swings to Profit
IMOS has more than doubled off its 52-week low of $15.06.
Summary
ChipMOS reported record Q2 2026 revenue of NT$7.38 billion, up 28.7% YoY, with gross margin expanding to 18% and a swing to net profit of NT$891.7 million. The company provided an optimistic outlook, expecting a stronger second half driven by memory demand and new growth initiatives.
Key Events · Earnings and Guidance · IMOS
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Record Q2 Revenue
Revenue reached NT$7,383.1 million (US$231.8 million), up 28.7% year-over-year and 6.5% sequentially, the highest quarterly revenue since 2014.
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Gross Margin Expansion
Gross margin improved to 18.0% from 6.6% in Q2 2025 and 13.8% in Q1 2026, driven by higher utilization and favorable product mix.
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Swing to Profitability
Net profit attributable to equity holders was NT$891.7 million (US$28.0 million), or NT$1.28 per share (US$0.80 per ADS), compared to a net loss of NT$533.1 million (US$0.47 per ADS) in Q2 2025.
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Strong Balance Sheet
Cash and cash equivalents stood at NT$12,552.3 million (US$394.1 million), with net free cash inflow of NT$735.9 million in the first half of 2026.
Analysis · IMOS · Manufacturing
ChipMOS delivered its highest quarterly revenue since 2014, driven by AI-related memory demand. Revenue jumped 28.7% year-over-year to NT$7.38 billion, gross margin expanded to 18% from 6.6%, and the company swung to a net profit of NT$891.7 million from a loss a year ago. The strong results and upbeat outlook—expecting a better second half led by memory and prioritizing silicon photonics as a new growth driver—signal a significant turnaround in the company's operating performance and profitability.
At the time of this filing, IMOS was trading at $58.33 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $2B. The 52-week trading range was $15.06 to $78.35. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.