TSMC reported its third-quarter 2026 results, with net income rising 68.7% year on year to NT$763.06 billion, a record high for the sixth consecutive quarter. Revenue reached NT$1.49424 trillion, equivalent to approximately US$46.72 billion.
According to TSMC's third-quarter 2026 results, consolidated revenue rose 50.9% year on year and 17.6% from the previous quarter to NT$1.49424 trillion, while net income increased 68.7% to NT$763.06 billion, marking a record high for the sixth consecutive quarter.
By process technology, 2nm accounted for 8% of revenue, 3nm for 33%, 5nm for 28% and 7nm for 10%, with advanced processes of 7nm and below accounting for 79% of the total. In particular, the 2nm mix expanded by 5 percentage points from the previous quarter, while the 3nm mix also increased.
By end market, HPC accounted for 68%, smartphones for 21%, IoT and automotive for 4% each, and consumer electronics for 1%. By region, North America led at 79%. Fourth-quarter revenue is expected to increase 12% to 16% from the previous quarter to US$52.3 billion–US$54.3 billion, with a gross margin of 65%–67% and an operating margin of 56.5%–58.5% projected.
Looking ahead, annual production capacity for the N2 family is expected to more than double in 2027 amid strong demand, including the expansion of 2nm production. Preparations are also under way for production of 1.4nm technology equivalent to A14, while new 3nm fabs and expansions are expected to progress in Taiwan, the United States and Japan.