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MediaTek (2454) investor relations material
MediaTek Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Fourth quarter 2025 revenue reached NT$150,188 million, up 5.7% sequentially and 8.8% year-over-year, at the high end of guidance, driven by favorable FX and strong smart edge product demand.
Full-year 2025 revenue was NT$595,966 million, up 12.3% year-over-year, marking a record high.
Net income for Q4 2025 was NT$23,074 million, down 9.3% sequentially and 3.6% year-over-year.
Full-year 2025 net income was NT$106,118 million, a 1% decrease from 2024.
Growth was led by flagship and premium Dimensity chips, connectivity solutions, and expansion into data center ASIC and automotive platforms.
Financial highlights
Q4 2025 gross margin was 46.1%, down 0.4pp sequentially and 2.4pp year-over-year.
Q4 2025 operating income was NT$21,850 million, down 1.5% sequentially, up 2% year-over-year.
Q4 2025 EPS was NT$14.39, down from NT$15.84 in Q3 2025 and NT$14.95 in Q4 2024.
Full-year 2025 EPS was NT$66.16, slightly lower than NT$66.92 in 2024.
Gross margin for 2025 was 47.5%, down from 49.6% in 2024.
Outlook and guidance
Q1 2026 revenue expected between NT$141,200–150,200 million, flat to down 6% sequentially, down 2–8% year-over-year.
Gross margin forecasted at 46% ±1.5pp; operating expense ratio at 31% ±2pp.
Data center ASIC revenue projected to exceed $1 billion in 2026, with multi-billion growth in 2027.
Management highlighted risks including competitive pressures, supply-demand shifts, regulatory changes, and global economic conditions.
Mobile Phone revenue expected to decline significantly in Q1 2026 due to memory and BOM cost pressures.
- TimeTickerHeadlineOpen
- 6 FebISCTR
Net profit hit TL 67.4 billion in 2025, with strong NIM, fee growth, and solid 2026 outlook. - 6 FebSCW
73% revenue growth and record backlog driven by new space contracts and strategic investments. - 6 FebCDP
2025 FFO/share rose 5.8% with strong leasing and retention; 2026 guidance signals further growth. - 6 FebSCW
Revenue at 15.86 mln PLN, backlog 17.14 mln PLN, and major space contracts drive 2025 outlook. - 6 FebPENG
All proposals passed, with no questions raised during the Q&A session. - 6 FebSCW
Q2 2024 revenue up 115% y/y, backlog nearly doubled, Space segment leads growth. - 6 FebPECO
2026 FFO per share growth guided at 5.5% with record occupancy and strong acquisitions. - 6 FebSCW
Q2 2025 revenue surged 120% y/y, driven by a record Asian contract and a tripled backlog. - 6 FebSCW
Q1 2025 revenue jumped 97% year-over-year, with strong backlog and major new contracts secured. - 6 FebSCW
Q3 revenue up 39% y/y, backlog at 58.3 mln PLN, Space leads growth with global contracts.
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