MediaTek
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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.
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Q4 2025 earnings summary4 Feb, 2026

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.

What factors drove the 2025 gross margin decline?
R&D spend as % of revenue remained flat. Why?
What drove the sharp drop in short-term loans?
Data center ASIC: HBM supply for upside orders?
Smartphone: How does MTK navigate this down cycle?
Gross margin: How to sustain 46% in 2026?
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Frequently asked questions

MediaTek Inc. is a Taiwanese fabless semiconductor company, most known for its comprehensive range of chips designed for wireless communications, high-definition television, and handheld mobile devices, including smartphones and tablet computers. The company's technological expertise extends to navigation systems, consumer multimedia products, and a broad spectrum of solutions for the Internet of Things (IoT. The company is headquartered in Hsinchu, Taiwan, and its shares are listed on the Taiwan Stock Exchange.

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