Earnings research

TSM Q1 2026

TSMC reported first-quarter 2026 results and issued second-quarter revenue and margin guidance, with leading-edge demand remaining the central operating driver.

Reported outcomes

Net revenue: US$35.90 billion; Up 40.6% year over year
Gross margin: 66.2%; Up 3.9 percentage points from Q4 2025
Operating margin: 58.1%; Up 4.1 percentage points from Q4 2025

Management guidance

For Q2 2026, TSMC guided to US$39.0-US$40.2 billion of revenue, 65.5%-67.5% gross margin and 56.5%-58.5% operating margin.

Market reaction

-1.23%

2026-04-15 $375.10 → 2026-04-17 $370.50

Prior trading close to first full trading-session close after the published release date

Open historical market data

Primary sources

TSMC 2026 Q1 Quarterly ResultsTaiwan Semiconductor Manufacturing Company Limited · earningsVerified

Fetched: 11/7/2026, 0:00:00 UTC

Published: 16/4/2026, 0:00:00

Open original source

TSMC Investor RelationsTaiwan Semiconductor Manufacturing Company Limited · companyVerified

Fetched: 11/7/2026, 0:00:00 UTC

Open original source

2025 Annual Report on Form 20-FTaiwan Semiconductor Manufacturing Company Limited · filingVerified

Fetched: 11/7/2026, 0:00:00 UTC

Published: 17/4/2026, 0:00:00

Open original source

TSM editorial research profileAlphaVue Research · editorialVerified

Fetched: 11/7/2026, 0:00:00 UTC