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HTC (2498) investor relations material
HTC Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved a significant turnaround in 2025, posting net income of NT$6.03 billion versus a net loss of NT$3.42 billion in 2024, driven by major one-time gains from a Google transaction and asset sales, despite a 6% revenue decline and continued operating losses.
Quarterly revenue for 4Q25 was NT$0.78 billion with a gross margin of 34.4%.
FY2025 revenue reached NT$2.90 billion, gross margin 35.9%.
Accelerated AI glasses market deployment, expanded VIVE Eagle to Hong Kong, and upgraded in-store experiences in Taiwan.
Recognized for ESG excellence in 2025, winning multiple sustainability and culture impact awards.
Financial highlights
Operating revenue: NT$2.90 billion in 2025, down from NT$3.08 billion in 2024.
4Q25 revenue was NT$0.78 billion, up from NT$0.7 billion in 3Q25 but down from NT$0.9 billion in 4Q24.
FY2025 net profit was NT$6.03 billion, reversing a net loss of NT$3.42 billion in FY2024.
Gross margin: 36% in 2025, down from 40% in 2024.
Cash and cash equivalents: NT$2.91 billion at year-end 2025, down from NT$14.24 billion at year-end 2024.
Outlook and guidance
Continued focus on AI glasses, 5G solutions, immersive XR experiences, and long-term Metaverse investments.
Ongoing integration of ESG strategies and cost controls to drive net-zero transition and long-term value.
- Returned to profitability with NT$6.58B net income, driven by Google deal and asset sales.2498
Q3 202526 Nov 2025 - Net income rebounded in H1 2025 due to a major Google gain, despite lower Q2 revenue.2498
Q2 202511 Aug 2025 - Losses continued amid revenue decline, but cash remained stable and XR/Metaverse focus intensified.2498
Q3 202413 Jun 2025 - Q2 2024 saw a NT$819M net loss, revenue decline, and strong cash reserves.2498
Q2 202413 Jun 2025 - Q1 2025 net income surged to NT$4.05B, driven by a US$250M Google XR agreement.2498
Q1 20256 Jun 2025 - Revenue fell 30% to NT$3.08B, net loss NT$3.42B, cash up to NT$14.24B, Google deal boosts outlook.2498
Q4 20245 Jun 2025
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